blockchain

It is reported that on March 19, 2023, Harvest was discovered according to monitoring by the blockchain security audit company Beosin_ Keeper project has maliciously transferred user funds, involving an amount of approximately 933000 US dollars. The Beosin security team discovered through on-chain data that an attacker used owner privileges to transfer the USDT pledged by the user in the HarvestKeeper contract by calling the getAmount function. Subsequently, the attacker utilized the user’s token authorization for the EOA (0x250… c14) account, thereby transferring user funds through the EOA multiple times. It is recommended that the user cancel the authorization for the EOA. Currently, the stolen funds are stored in multiple addresses, most of which are stored in 0x92288f964ae8fce23e8d337422ad66eefc333670. Security company: Harvest_ Keeper project has maliciously transferred user funds, involving an amount of approximately 933000 US dollars Analysis based on this information:On March 19, 2023, the Harvest project became the target of a malicious transfer of user funds. According to monitoring…

It is reported that Sun Yuchen, founder of the blockchain platform Tron, will purchase Credit Suisse for $1.5 billion and integrate it into the Web 3.0 world. (Jin Shi) Sun Yuchen: Will acquire Credit Suisse for $1.5 billion and integrate it into the Web 3.0 world Analysis based on this information:According to recent reports, Sun Yuchen, the founder of the blockchain platform Tron, is set to acquire Credit Suisse for $1.5 billion. As a pioneer in the world of blockchain, Sun has been vocal about his vision to democratize the digital world through Web 3.0. This acquisition is just one of the many steps he has taken towards achieving his goal. Sun’s decision to acquire Credit Suisse speaks volumes about his commitment to democratizing and decentralizing the digital world. Credit Suisse has been a major player in the traditional finance industry for years, and its acquisition by a blockchain platform is a clear indication that the digital world is evolving…

21:00-7:00 Keywords: Coinbase, R3, Deribit, Uniswap Overview of important developments overnight on March 18th Analysis based on this information:At 21:00, when most people are winding down for the night, the world of cryptocurrency and blockchain is just getting started. This is evident with the mention of four major players in the field: Coinbase, R3, Deribit, and Uniswap. Coinbase, founded in 2012, is a popular cryptocurrency exchange platform in the United States. It allows users to buy, sell, and hold various digital assets such as Bitcoin, Ethereum, and Litecoin. The mention of Coinbase in this message could be indicating a surge in activity on the platform during the night. This may be due to the fact that cryptocurrency trading is open 24/7, allowing people to trade at any time. R3 is a blockchain software development company that focuses on building distributed ledgers and decentralized applications for various industries. It is possible that the message is referencing R3 due to their work…

According to reports, the 23rd annual meeting of the Yabuli China Entrepreneurs Forum in 2023 was held from March 17-19. At the “Data Economy and Data Governance” sub forum held on the afternoon of the 18th, Wang Shi, the founder of Vanke Group, stated that carbon neutral communities are divided into three parts, one of which involves carbon sink resource management. To achieve management objectives, blockchain technology needs to be used. Wang Shi Talks about Blockchain Technology: Must Be Integrated with the Real Economy Analysis based on this information:The message reports on the 23rd annual meeting of the Yabuli China Entrepreneurs Forum, which took place in March 2023. At the “Data Economy and Data Governance” sub-forum, Wang Shi, the founder of Vanke Group, spoke on the importance of carbon neutral communities in sustainable development. He explained that carbon sink resource management is one of the three key elements involved in achieving carbon neutrality, and that blockchain technology could play a…

According to reports, according to the latest announcement of Coin On, Coin On has completed the exchange of new STG tokens for AVAX C Chain, Arbitrum One, BNB Smart Chain (BEP20), Ethereum (ERC20), Fantom, and Polygon blockchains with the original STG tokens. The original STG tokens will be reused as the transaction code on the Coin On platform, and STG deposits and withdrawals are now open; The revoked STG token will use STGOLD as the transaction code. STGOLD recharging is now open and will no longer support STGOLD token withdrawals. Coin security reminds users who extract STGOLD after the initial exchange is completed to re deposit STGOLD on the Deposit Crypto page because STGOLD has no value, and can continue to convert STGOLD tokens into STG through the conversion function. Coin security: STG has completed the contract swap in blockchains such as Ethereum, Arbitrum One, and Polygon Analysis based on this information:The announcement from Coin On reveals that they have…

On March 18th, according to Glassnode data, the number of voluntary exits by Ethereum verifiers reached 183 on March 16th, setting the second highest record since the merger. Voluntary exits refer to verifiers choosing to stop participating in the consensus and leave the verifier pool queue. They will no longer propose or prove blocks, and they will not be able to withdraw the previously pledged ETH after the upgrade in Shanghai. （cryptoslate） Data: On March 16th, 183 Ethereum verifiers voluntarily withdrew, setting the second highest record since the merger Analysis based on this information:The Glassnode data from March 18th revealed that Ethereum verifier pool is experiencing a high number of voluntary exits that occurred on March 16th – reaching 183, which is the second-highest record after the merger. These voluntary exits signify the decision of verifiers to exit the verifier pool queue and stop participating in the consensus. Consequently, they will no longer be able to prove or propose blocks,…

On March 17th, it was announced that Klaytn has released Klaytn v1.10.2, which includes a hard fork upgrade. All Baobab/Crypress nodes must complete the upgrade before the target block height. Klaytn v1.10.2 has been released and is expected to complete the hard fork upgrade in April Analysis based on this information:Klaytn, a blockchain platform that aims to achieve mass adoption of blockchain by enabling service providers to develop and operate user-friendly blockchain applications, announced on March 17th that it had released Klaytn v1.10.2, which includes a hard fork upgrade. This move is expected to improve Klaytn’s protocol and enhance network stability, security, and efficiency. A hard fork upgrade is a modification to the software governing a blockchain that mandates all nodes on the network to upgrade to the latest version; any nodes that fail to upgrade are unable to participate in network consensus. This is a crucial step in the life cycle of a blockchain, as it allows for the…

According to reports, Bitcoin software company Lightning Labs and blockchain startup Tari Labs have agreed to convert a court ordered temporary restraining order that requires the suspension of the development of Lightning’s Taro protocol. In a document dated March 15th, lawyers from both companies proposed converting a restraining order into a preliminary injunction, a temporary order that prevents a party from taking certain actions. The conversion of this order into a preliminary injunction will stop the development of the agreement until a court decision is reached. Lightning Labs and Tari Labs agree to change the temporary restraining order in the trademark lawsuit to a preliminary injunction Analysis based on this information:Bitcoin software company Lightning Labs and blockchain startup Tari Labs have agreed to convert a court-ordered temporary restraining order into a preliminary injunction. The restraining order mandates the suspension of the development of Lightning’s Taro protocol. A preliminary injunction is a temporary order that restrains a party from taking certain…

According to reports, the Securities and Exchange Commission of the United States has started the recruitment of “student interns” for the 2023 business and legal programs, with hourly salaries of $15.09 to $28.83. The undergraduate and graduate students recruited will participate in a 10 week internship starting on August 28 and ending on November 3. According to recruitment information, the U.S. Securities and Exchange Commission is looking for people who study blockchain, distributed ledger technology, computer science, financial technology, or cybersecurity, as well as many other research fields. （cointelgraph） The US SEC recruits interns in areas such as blockchain and distributed ledger technology, with hourly salaries ranging from $15.09 to $28.83 Analysis based on this information:The Securities and Exchange Commission (SEC) of the United States has recently announced that it is looking for undergraduate and graduate students to join its 2023 business and legal programs as student interns. The 10-week internship, which takes place from August 28 to November 3,…

It is reported that Ripple, an enterprise blockchain and encryption solution provider, has announced that it has made a strategic investment in the Singapore Web3 Early Venture Capital Fund Blockchain Founders Fund (BFF), but has not disclosed the specific investment amount. Ripple stated that this investment is part of its efforts to accelerate global adoption of blockchain technology to support high-potential early stage companies focused on Web3 infrastructure and products. （finsmes） Ripple Announces Strategic Investment in Blockchain Founders Fund Analysis based on this information:Ripple, an enterprise blockchain and encryption solution provider, has recently announced that it has invested in the Singapore Web3 Early Venture Capital Fund Blockchain Founders Fund (BFF). While specific investment details were not revealed, Ripple has confirmed that it is part of a strategic investment aimed to boost the global adoption of blockchain technology. Ripple’s involvement in BFF will help support high-potential early-stage companies with their Web3 infrastructure and products. Blockchain technology has made significant strides in…

On March 17th, Cosmos released SDK v0.47 version “Twilight”, aiming to improve the overall performance and functionality of all Cosmos SDK based chains. Cosmos launched SDK v0.47 version “Twilight” to improve public chain performance Analysis based on this information:Cosmos SDK, a framework for building blockchain applications, has released the latest version of its software development kit (SDK) — the v0.47 series called “Twilight.” The main goal of this release is to enhance the overall performance and functionality of all Cosmos SDK based chains. The development team carefully crafted the “Twilight” release with several improvements designed to enhance the functionality and performance of the Cosmos SDK. These upgrades include: 1. Improvements to the consensus engine: With the introduction of a new type of consensus, the Tendermint BFT (Byzantine fault-tolerant) consensus engine, Cosmos SDK can achieve better performance and security. 2. A more user-friendly experience: The new release has improved the user experience by streamlining the process of installing and using the…

On March 17, according to the Beosin EagleEye security risk monitoring, warning, and blocking platform monitoring of Beosin, a blockchain security audit company, on March 16, 2023, Euler Finance attackers transferred 1000 ETHs and 100 ETHs to 0xc66dfa84bc1b93df194bd964a41282da65d73c9a (Euler Finance Explorer 4) and 0x098b716b8aaf21512996dc57eb0615e2383e2f96 (Ronin Bridge Explorer Beosin: Euler Finance attacker transferred approximately $1.88 million in funds Analysis based on this information:The message informs us that on March 17, Beosin EagleEye, a blockchain security audit company, detected a security risk relating to Euler Finance. It was found that the attackers had transferred 1000 and 100 ETHs to two different explorers, namely Euler Finance Explorer 4 and Ronin Bridge Explorer on March 16, 2023. It is significant to note that the message conveys that security risks in the blockchain system are real and need to be taken seriously. The presence of security threats and risks make the blockchain system vulnerable and prone to hacking and fraudulent activities. Therefore, it is important…

On March 16th, it was announced that the modular blockchain project Avail would be completely separated from Polygon. In addition, Polygon co founder Anurag Arjun would resign and take over Avail. Polygon launched the Avail project at the end of 2020 and publicly launched it in mid-2021. An Avail spokesperson said that Arjun was involved in the development of the project, and as part of the spinoff, it is now being acquired by a company entity wholly owned by Arjun. The modular blockchain project Avail leaves Polygon and will be taken over by Cofounder Anurag Arjun Analysis based on this information:The blockchain industry is experiencing rapid change as several projects continue to evolve their product offerings. One such project is Avail – a modular blockchain ecosystem that was launched by Polygon at the end of 2020. However, on March 16th, it was announced that Avail would be completely separated from Polygon, with the project being taken over by a company…

It is reported that Alliance Block, a blockchain infrastructure provider, has announced a partnership with digital investment company ABO Digital to provide low risk and compliant financial support for cryptocurrency projects for institutional and retail investors through tokenization. ABO Digital is the digital asset investment department of the ABO Group, which provides private financing for listed companies and will help negotiate and construct financial instruments based on the capital and liquidity objectives of the project. AllianceBlock collaborates with ABO Digital to develop token structured products Analysis based on this information:Alliance Block, a leading blockchain infrastructure provider, has recently announced its partnership with digital investment firm ABO Digital. The collaboration aims to provide institutional and retail investors with low-risk and compliant financial support for cryptocurrency projects through tokenization. This partnership is a much-needed boost for the cryptocurrency market, which is still struggling to gain wide acceptance among traditional investors due to uncertainties surrounding its regulatory framework. By leveraging Alliance Block’s blockchain…

According to reports, Jean Michel Pailhon, a former Ledger executive, is raising up to $25 million for an NFT art fund. The fund will give priority to blockchain art with “cultural influence”. The fund hopes to mainly attract non encrypted local investors, paying special attention to institutions that already hold physical artwork in their offices and want to access blockchain based NFT artwork.   Jean Michel Pailhon, a former executive at Ledger, raised $25 million for the NFT Art Fund Analysis based on this information:Reports indicate that former Ledger executive Jean Michel Pailhon is currently in the process of raising up to $25 million for an NFT (Non-Fungible Token) art fund. The fund is specifically designed to give priority to blockchain art that has “cultural influence” and seeks to attract local investors – particularly those who are not experienced in the crypto market. The idea behind the fund is to allow institutions that already have physical artwork in their offices…

On March 16th, Chiliz, a sports and entertainment blockchain solution, announced that it had made a strategic investment in MatchWornShirt (MWS) and would acquire a 20% stake in it. Chiliz acquires a 20% stake in MatchWornShirt, a souvenir platform Analysis based on this information:Chiliz, a blockchain-based platform that connects fans with sports and entertainment organizations, has announced its strategic investment in MatchWornShirt (MWS). The acquisition of a 20% stake in MWS is part of Chiliz’s efforts to expand its blockchain solution for sports fans and collectors. MWS, a digital platform that authenticates and sells match-worn sports memorabilia, will benefit from Chiliz’s technology and resources. The partnership aims to create a more reliable and accessible marketplace for sports fans and collectors who want to buy or sell authentic and rare sports memorabilia. The strategic investment in MWS aligns with Chiliz’s mission to use blockchain technology to enhance fan engagement in sports and entertainment. Chiliz has already established partnerships with major sports…

According to reports, Nestle’s Swiss cooking giant “Maggi” has announced that it will launch its first NFT using blockchain technology. These NFTs will cover the main products of Maggi, including Maggi noodles, Maggi Masala ae Magic, and Maggi Hot&Sweet. It is reported that this is the first time Maggi has launched NFT. Rajat Jain, the head of the company’s food business, revealed that more innovative ways of interacting with customers will be introduced in the future, It aims to change the rules of the game in the food and beverage (F&B) industry and set new standards for customer participation through NFT. （abplive） Swiss cooking giant" Maggi" Launch of the first NFT Analysis based on this information:Nestle’s Swiss cooking giant, Maggi is all set to launch its first NFTs using blockchain technology to revolutionize customer interaction in the food and beverage industry. The NFTs will cover the company’s main products, including Maggi noodles, Maggi Masala ae Magic, and Maggi Hot&Sweat. This…

On March 16th, Lee Sir-goo, CEO of Dunamu, an operator of Upbit, a South Korean cryptocurrency trading platform, called on the government to allow the initial trading platform (IE0) of cryptocurrency trading platforms at the DCON 2023: Creating a Healthy Market Digital Assets Conference in Seoul, saying that the digital asset market needs to be differentiated from the existing market, and (IE0 legislation) has not been discussed in depth so far, Although the government has expressed its intention to do so. He said that even in the fledgling Token securities market, it is necessary to create digital financial innovation by encouraging the active participation of innovative blockchain companies. CEO Dunamu: Calls on the government to allow IE0, and the digital asset market needs to be differentiated from the existing market Analysis based on this information:Lee Sir-goo, CEO of Dunamu, the parent company of Upbit, a well-known cryptocurrency exchange in South Korea, has called on the government to allow the initial…

According to news, A-shares closed at 3226.89 points, down 1.12%, while the Shenzhen Composite Index closed at 11237.7 points, down 1.54%. The Shenzhen Blockchain 50 Index closed at 3092.42 points, down 0.7%. The blockchain sector closed down 1.15%, while the digital currency sector closed down 0.64%. A-share closing: Shenzhen Stock Exchange Blockchain 50 Index fell 0.7% Analysis based on this information:The Chinese stock market experienced a downturn as A-shares and the Shenzhen Composite Index closed down by 1.12% and 1.54%, respectively. Meanwhile, the Shenzhen Blockchain 50 Index closed down by 0.7%, with the blockchain sector and digital currency sector closing down 1.15% and 0.64%, respectively. This news paints a bleak picture for investors in the Chinese stock market, particularly those who have heavily invested in the blockchain and digital currency sectors. The decline in these sectors is surprising given the recent global upswing of digital currencies, which have been gaining popularity due to their potential to revolutionize traditional finance. One…

According to reports, according to a press release from the Hong Kong Special Administrative Region government, the Hong Kong Monetary and Financial Research Center, which is responsible for research work under the School of Finance of the Hong Kong Monetary Authority, has released a financial research report titled “The Greater Bay Area Cross Border Payment and Settlement System: Current Practices and Latest Developments.”. According to the report, as the underlying technology of digital currency, 59% of respondents believe that blockchain is a relevant or highly relevant technology to strengthen financial integration in the Greater Bay Area. Respondents believe that blockchain can be used for multiple operations in cross-border transactions, including ensuring the accuracy and security of cross-border payment and settlement information, customer authentication, and AML/CFT review. In addition, the report also shows that as of the third quarter of 2022, the mBridge project involved more than 160 payment and foreign exchange transactions, with a total amount of over 171 million…