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Amazon.eth ENS domain owner disregards 1M USDC buyout offer on Opensea
On Tuesday, the Ethereum Name Service, or ENS, domain Amazon.eth received an offer for 1 million USDC (a stablecoin pegged to the U.S. dollar) from an anonymous wallet address on OpenSea. The offer to buy the ENS domain went unanswered however, and no transaction took place. This is despite the last sale of the domain name being five months ago for 33 Ether (worth around $100,000 at that time). The expired million-dollar offer for Amazon.eth on OpenSea | Source: OpenSea It is unclear at the t...
In Conversation With the Federal Reserve Chief Innovation Officer
I had the pleasure of speaking with the Federal Reserve System’s Sunayna Tuteja at Consensus 2022 in Austin, Texas, last week about the U.S. central bank’s philosophical approach to innovation at large. You can watch and read the conversation below. Some housekeeping: The next few issues of this newsletter will be selected interviews and snippets of interviews from various panel discussions at Consensus and conversations I’ve had, including a second edition of this newsletter sometime this we...
Velodrome recovers $350K stolen funds from team member Gabagool
Velodrome Finance, a trading and liquidity marketplace, announced the recovery of $350,000 stolen on Aug. 4. However, the occasion turned bittersweet when internal investigations pointed out the involvement of a prominent team member, who goes by the pseudo name Gabagool. On Aug. 4, one of Velodrome’s high-worth wallets — dedicated for operating funds such as salaries — was drained off $350,000 before it could be transferred to the company’s treasury multisig wallet. A subsequent internal inv...
Amazon.eth ENS domain owner disregards 1M USDC buyout offer on Opensea
On Tuesday, the Ethereum Name Service, or ENS, domain Amazon.eth received an offer for 1 million USDC (a stablecoin pegged to the U.S. dollar) from an anonymous wallet address on OpenSea. The offer to buy the ENS domain went unanswered however, and no transaction took place. This is despite the last sale of the domain name being five months ago for 33 Ether (worth around $100,000 at that time). The expired million-dollar offer for Amazon.eth on OpenSea | Source: OpenSea It is unclear at the t...
In Conversation With the Federal Reserve Chief Innovation Officer
I had the pleasure of speaking with the Federal Reserve System’s Sunayna Tuteja at Consensus 2022 in Austin, Texas, last week about the U.S. central bank’s philosophical approach to innovation at large. You can watch and read the conversation below. Some housekeeping: The next few issues of this newsletter will be selected interviews and snippets of interviews from various panel discussions at Consensus and conversations I’ve had, including a second edition of this newsletter sometime this we...
Velodrome recovers $350K stolen funds from team member Gabagool
Velodrome Finance, a trading and liquidity marketplace, announced the recovery of $350,000 stolen on Aug. 4. However, the occasion turned bittersweet when internal investigations pointed out the involvement of a prominent team member, who goes by the pseudo name Gabagool. On Aug. 4, one of Velodrome’s high-worth wallets — dedicated for operating funds such as salaries — was drained off $350,000 before it could be transferred to the company’s treasury multisig wallet. A subsequent internal inv...
Near Foundation has announced a new partnership between Google Cloud and Near Protocol, providing infrastructure for Near’s Web3 startup platform, Pagoda.
According to an Oct. 4 announcement, this partnership will allow Google Cloud to provide “technical support” to Near grant recipients by providing infrastructure for Near’s Remote Procedure Call node provider to Pagoda.
Near Protocol is a decentralized application (DApp) platform that focuses on usability among developers and users. It utilizes sharding technology to achieve scalability and, as a competitor to Ethereum, is also smart-contract capable and a proof-of-stake blockchain.
Launched in February 2022, Pagoda is a startup platform that provides Web3 developers building on Near with a full-stack toolset to construct, launch and maintain their Web3 projects or DApps on the blockchain.
In a statement, Google Cloud director of digital assets Carlos Arena said his company's infrastructure will allow Near developers a means to “build and scale,” and said the company will continue to support “new products and services on blockchain-based platforms.”
Related: Lesson learned? Sky Mavis teams up with Google Cloud to avoid another Ronin hack
In September, Google Cloud inked a similar partnership with Binance’s smart contract blockchain platform BNB Chain, allowing startups that are building products and services on the BNB Chain blockchain to also be able to build on Google Cloud’s scalable, secure and open-source infrastructure.
Google Cloud launched a new digital assets team in January to support the development and evolution of the blockchain ecosystem. The digital asset team is focused on helping Google Cloud’s customers create, trade store value and launch new products on blockchain-based platforms.
Near Foundation has announced a new partnership between Google Cloud and Near Protocol, providing infrastructure for Near’s Web3 startup platform, Pagoda.
According to an Oct. 4 announcement, this partnership will allow Google Cloud to provide “technical support” to Near grant recipients by providing infrastructure for Near’s Remote Procedure Call node provider to Pagoda.
Near Protocol is a decentralized application (DApp) platform that focuses on usability among developers and users. It utilizes sharding technology to achieve scalability and, as a competitor to Ethereum, is also smart-contract capable and a proof-of-stake blockchain.
Launched in February 2022, Pagoda is a startup platform that provides Web3 developers building on Near with a full-stack toolset to construct, launch and maintain their Web3 projects or DApps on the blockchain.
In a statement, Google Cloud director of digital assets Carlos Arena said his company's infrastructure will allow Near developers a means to “build and scale,” and said the company will continue to support “new products and services on blockchain-based platforms.”
Related: Lesson learned? Sky Mavis teams up with Google Cloud to avoid another Ronin hack
In September, Google Cloud inked a similar partnership with Binance’s smart contract blockchain platform BNB Chain, allowing startups that are building products and services on the BNB Chain blockchain to also be able to build on Google Cloud’s scalable, secure and open-source infrastructure.
Google Cloud launched a new digital assets team in January to support the development and evolution of the blockchain ecosystem. The digital asset team is focused on helping Google Cloud’s customers create, trade store value and launch new products on blockchain-based platforms.
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