| BKEX Suspends Withdrawals; The U.S. Will Not Abolish the Debt Ceiling (May 30th)

headlines

headlines

Biden: The United States will not completely cancel the debt ceiling, and will study whether the debt ceiling needs to be established every year

Odaily News The White House said the debt ceiling will be suspended until January 1, 2025. Subsequently, U.S. President Biden said in response to a reporter's question that the U.S. will not completely cancel the debt ceiling. The statement came after he announced that he had reached a final agreement with House Speaker McCarthy on raising the debt ceiling. When asked by a reporter if he thought the U.S. should remove the debt ceiling altogether, Biden replied: "No, I think removing the debt ceiling will be more controversial." Whether the 14th Amendment needs to be used during the year to determine whether the debt ceiling needs to be established every year." (Golden Ten)

BKEX: Cooperating with the police to collect evidence on funds suspected of money laundering, and has suspended withdrawals
The BKEX team stated that it will fully cooperate with the regulatory investigation and try its best to restore the normal operation of the exchange.

Industry news

Industry news

Bali will crack down on foreign tourists who use cryptocurrencies to pay, or will adopt sanctions
In addition, Wayan Koster also stated that under the Currency Law No. 7 of 2011, Indonesia prohibits the use of currencies other than the Indonesian rupiah as a means of payment, and if it uses other forms of currency other than the Indonesian rupiah, it can be punished with up to one year in prison and up to 2 years. billion rupiah (approximately US$13,300).

Temasek imposes salary cuts on executives and teams responsible for investing in FTX

Temasek imposes salary cuts on executives and teams responsible for investing in FTX
Fantom has launched the Gas monetization function, and will subsidize 15% of Gas fees to eligible dApps

Project News

Fantom has launched the Gas monetization function, and will subsidize 15% of Gas fees to eligible dApps

Odaily News Fantom founder Andre Cronje announced on social media that Fantom has launched the Gas monetization function, and the next development focus will be Gas subsidies, social identity verification, FVM and new storage solutions. According to the reward claim page, Fantom’s Gas monetization plan subsidizes 15% of the Gas fees generated by eligible dApps, providing developers with additional income.

Odaily News Fantom founder Andre Cronje announced on social media that Fantom has launched the Gas monetization function, and the next development focus will be Gas subsidies, social identity verification, FVM and new storage solutions. According to the reward claim page, Fantom’s Gas monetization plan subsidizes 15% of the Gas fees generated by eligible dApps, providing developers with additional income.

Data: NFTBoxes founder Pranksy sold 25 Doodles at an average selling price of 2.08 ETH

Odaily News According to NFT Whale Alert monitoring, NFT whale and NFTBoxes founder Pranksy sold 25 Doodles at a price of 52.17 ETH (worth $96,491.55). In response, Pranksy did not liquidate the position and still holds 25 Grails, 2000 Genesis Boxes, 30 Pharrell Boxes and 65 Dooplicators.

The Stargate community initiated the "Upgrade Stargate EqReward Design" proposal, which will cancel the extra eqRewards rewards
Odaily News In response to "Twitter users claim that there is a suspected bug in Stargate, and a giant whale repeatedly adds and removes liquidity for arbitrage", the Stargate community, a cross-chain bridge, launched a proposal to "upgrade the design of Stargate EqReward".

According to the proposal, the discount given to rebalance transfers will be canceled so that it pays less protocol fees (keep the protocol fee for all transfers at 6-10 bps); the feelibrary will be updated so that the maximum eqReward allocated is the maximum protocol fee for this route (6-10 bps), which means that rebalancing protocol users will receive 0 fees, but will not receive additional rewards for doing so.

Worldcoin's World App Becomes Largest Deployer of Safe Wallet on Polygon Network
Odaily News Worldcoin tweeted that World App, the first encrypted wallet in its ecosystem, has become the largest deployer of Safe wallets on the Polygon network. It is reported that Safe is one of the protocols that Worldcoin chose to build on top of to make it easier to use the Safe {Core} account abstraction stack.

Earlier in early May, Worldcoin launched an ecological wallet "World App". It is reported that when the Worldcoin mainnet is launched, the "World App" will support users to manage their World ID and send cryptocurrencies (BTC, ETH, DAI, USDC and Worldcoin tokens). Currently, the wallet has integrated Uniswap, MoonPay and Safe, and supports USDC. Shortly thereafter, Worldcoin announced that the World App was moving from Polygon to Optimism.

Blend's trading volume reached 14,500 ETH yesterday, a record high

According to Odaily, according to monitoring by Ember, an on-chain data analyst, the Wintermute Trading address transferred 2 million OPs (US$3.25 million) to Binance 3 hours ago, and has transferred 2.65 million OPs to Binance today, worth about 4.31 million Dollar.

secondary title

security incident

security incident

Jimbos protocol: May cooperate with law enforcement on hacking incident tomorrow
Odaily News Arbitrum ecological liquidity protocol Jimbos protocol released an attack update, "It has cooperated with multiple security researchers and chain analysts who have helped study the Euler Finance and Sentiment vulnerabilities. If there are related issues at 4 pm tomorrow (UTC) has not been resolved and will begin working with law enforcement."

It was previously reported that the jimbos protocol project was hacked and the cumulative loss was about 7.5 million US dollars

Encrypted trading platform Patricia was attacked and lost some Bitcoin and fiat currency assets, and withdrawals have been suspended
Odaily News Patricia, a Nigerian gift card and cryptocurrency trading platform, recently revealed that hackers invaded its retail trading application and lost some BTC and naira assets. The specific amount is unknown.
Investment and Financing

Investment and Financing

Tabi, an NFT trading platform, completed a $10 million angel round of financing, with Animoca Brands, Binance Labs and others participating

Odaily News Tabi (formerly Treasureland), an NFT trading platform based on BNB Chain, has completed an angel round of financing of US$10 million. Venture capital institutions Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures, Youbi Capital and individual investors Dragonfly Capital Feng Bo from , Riyad AD from Saudi Arabia and Suji Yan from Mask Network participated in the vote. According to the developers, the funding will be primarily used to develop Tabi’s gaming ecosystem and build out its upcoming on-chain identity protocol.

Digital Asset Marketplace Blocktrade Completes €4.5 Million Financing

Odaily News The digital asset market Blocktrade announced the completion of 4.5 million euros in financing, with 1,400 private investors from 42 countries participating.
It is reported that Blocktrade completed a 22 million euro A round of financing in the same way in 2021, when the participating investors came from 33 countries/regions. Founded in 2018, Blocktrade facilitates cryptocurrency trading by providing a social and gamified experience.