Flooring Protocol, an NFT fragmentation protocol, tweeted that it has determined that the cause of the attack is related to the protocol's peripheral/multi-call contracts. The team deployed a fix 2 hours ago that fixed the issue. Investigation and monitoring will continue and the main contract is safe. Assets in vaults and safes are not affected. According to previous news, Slow Mist Cosine stated that Flooring Protocol may have been hacked and users should cancel contract authorization ...

Flooring Protocol, an NFT fragmentation protocol, tweeted that it has determined that the cause of the attack is related to the protocol's peripheral/multi-call contracts. The team deployed a fix 2 hours ago that fixed the issue. Investigation and monitoring will continue and the main contract is safe. Assets in vaults and safes are not affected. According to previous news, Slow Mist Cosine stated that Flooring Protocol may have been hacked and users should cancel contract authorization ...

Cointelegraph’s false news about “SEC Approval of iShares Bitcoin Spot ETF” caused many users to FOMO and suffer losses. One whale purchased 20.5 WBTC for 613,201 USDC and quickly sold it for 563,970 USDC after confirming the fake news. This whale lost over $49,000 in just 10 minutes.

Cointelegraph’s false news about “SEC Approval of iShares Bitcoin Spot ETF” caused many users to FOMO and suffer losses. One whale purchased 20.5 WBTC for 613,201 USDC and quickly sold it for 563,970 USDC after confirming the fake news. This whale lost over $49,000 in just 10 minutes.

Paxos released the Pax Dollar (USDP) transparency report for September. The total outstanding tokens are 486,062,949 US dollars; the current market value of US Treasury bonds is 124,531,000 US dollars, and the notional position value is 124,369,913 US dollars; the market value of the collateral in the US Treasury bond collateralized reverse repurchase agreement is 178,500,047 U.S. dollars, with a notional position valued at $175,000,000; cash deposits through the FDIC Deposit Network valued a...

Paxos released the Pax Dollar (USDP) transparency report for September. The total outstanding tokens are 486,062,949 US dollars; the current market value of US Treasury bonds is 124,531,000 US dollars, and the notional position value is 124,369,913 US dollars; the market value of the collateral in the US Treasury bond collateralized reverse repurchase agreement is 178,500,047 U.S. dollars, with a notional position valued at $175,000,000; cash deposits through the FDIC Deposit Network valued a...

Gauntlet initiated a proposal to deprecate MAI/MIMATIC in the Aave community. Given that the MAI/MIMATIC price has fallen to approximately $0.72 in the past 24 hours and has been unable to regain its peg over the past few months, Gauntlet recommends starting the deprecation of MAI/MIMATIC with the goal of reducing loan terms and increasing borrowing rates, the proposal states. to incentivize repayment. Currently, MAI/MIMATIC is frozen and LTV is set to 0.

Gauntlet initiated a proposal to deprecate MAI/MIMATIC in the Aave community. Given that the MAI/MIMATIC price has fallen to approximately $0.72 in the past 24 hours and has been unable to regain its peg over the past few months, Gauntlet recommends starting the deprecation of MAI/MIMATIC with the goal of reducing loan terms and increasing borrowing rates, the proposal states. to incentivize repayment. Currently, MAI/MIMATIC is frozen and LTV is set to 0.

According to the Ministry of Industry and Information Technology’s reply to Proposal No. 02969 of the First Session of the 14th National Committee of the Chinese People’s Political Consultative Conference, in addition to the previously reported measures to improve top-level design such as “formulating a Web 3.0 development strategy document in line with my country’s national conditions”, the Ministry of Industry and Information Technology will: 1. Strengthen technology research and regulation...

According to the Ministry of Industry and Information Technology’s reply to Proposal No. 02969 of the First Session of the 14th National Committee of the Chinese People’s Political Consultative Conference, in addition to the previously reported measures to improve top-level design such as “formulating a Web 3.0 development strategy document in line with my country’s national conditions”, the Ministry of Industry and Information Technology will: 1. Strengthen technology research and regulation...

Avalanche users have paid a total of $13.8 million in transaction fees over the past five days to mint and transfer Inscription-based tokens and NFTs. This total accounts for approximately 70% of all inscription fees on the blockchain tracked by the platform. Avalanche's transaction fees on Inscription have peaked at $5.6 million per day over the past few days. Avalanche also had significant interest in Inscription over a five-day period in late November, when transaction fees generated ...

Avalanche users have paid a total of $13.8 million in transaction fees over the past five days to mint and transfer Inscription-based tokens and NFTs. This total accounts for approximately 70% of all inscription fees on the blockchain tracked by the platform. Avalanche's transaction fees on Inscription have peaked at $5.6 million per day over the past few days. Avalanche also had significant interest in Inscription over a five-day period in late November, when transaction fees generated ...

Blockchain security company CertiK has made layoffs based on "market dynamics," co-founder and CEO Ronghui Gu said in an emailed statement: "In response to changing market dynamics, CertiK today made strategic workforce reductions. The adjustment affects less than 15% of colleagues. The company’s main goal is to realign the team structure to better align with the company’s long-term strategic aspirations.”

Blockchain security company CertiK has made layoffs based on "market dynamics," co-founder and CEO Ronghui Gu said in an emailed statement: "In response to changing market dynamics, CertiK today made strategic workforce reductions. The adjustment affects less than 15% of colleagues. The company’s main goal is to realign the team structure to better align with the company’s long-term strategic aspirations.”

Earlier this week, the European Union announced new sanctions against cryptocurrency companies and projects led by Russian citizens. The relevant portion of the new sanctions list, published on December 18, reads: “Today’s decision includes a ban on Russian nationals from owning, controlling or serving in the management of legal persons, entities or institutions that provide crypto asset wallets, accounts or custody services to Russians and residents. Any position in the institution.” While t...

Earlier this week, the European Union announced new sanctions against cryptocurrency companies and projects led by Russian citizens. The relevant portion of the new sanctions list, published on December 18, reads: “Today’s decision includes a ban on Russian nationals from owning, controlling or serving in the management of legal persons, entities or institutions that provide crypto asset wallets, accounts or custody services to Russians and residents. Any position in the institution.” While t...

The U.S. non-seasonally adjusted CPI annual rate in September was 3.7%, which was expected to be 3.6% and the previous value was 3.7%. The non-seasonally adjusted core CPI in the United States recorded an annual rate of 4.1% in September, compared with the previous value of 4.30% and the expected 4.10%. The seasonally adjusted monthly CPI rate in the United States in September was 0.4%, which was expected to be 0.3% and the previous value was 0.6%. The U.S. core CPI in September recorded a mo...

The U.S. non-seasonally adjusted CPI annual rate in September was 3.7%, which was expected to be 3.6% and the previous value was 3.7%. The non-seasonally adjusted core CPI in the United States recorded an annual rate of 4.1% in September, compared with the previous value of 4.30% and the expected 4.10%. The seasonally adjusted monthly CPI rate in the United States in September was 0.4%, which was expected to be 0.3% and the previous value was 0.6%. The U.S. core CPI in September recorded a mo...

London-based banking-as-a-service platform Fiat Republic recently completed a $7 million seed expansion round. For the first time, the round attracted participation from new investors including Kraken Ventures (which backs Shield and Rally), Fabric Ventures, Arca, Inovo.vc and Pretiosum Ventures, as well as existing investors including Speedinvest, Credo Ventures and Seedcamp. The funds will be used to fuel the company's growth and expansion, including strategic hiring, strengthening ban...

London-based banking-as-a-service platform Fiat Republic recently completed a $7 million seed expansion round. For the first time, the round attracted participation from new investors including Kraken Ventures (which backs Shield and Rally), Fabric Ventures, Arca, Inovo.vc and Pretiosum Ventures, as well as existing investors including Speedinvest, Credo Ventures and Seedcamp. The funds will be used to fuel the company's growth and expansion, including strategic hiring, strengthening ban...

According to L2BEAT data, the current total locked-up volume of the Ethereum Layer 2 network is US$10.37 billion, a decrease of 4.09% on the 7th. The top five locked positions are: Arbitrum One ($5.7 billion, down 3.57% on the 7th); OP Mainnet ($2.57 billion, down 6.21% on the 7th); Base ($545 million, down 2.06% on the 7th); zkSync Era ($398 million, down 10.2% on the 7th); dYdX ($325 million, down 5.29% on the 7th). Data: The total locked-up volume of Ethereum Layer 2 is US$10.37 billion, a...

According to L2BEAT data, the current total locked-up volume of the Ethereum Layer 2 network is US$10.37 billion, a decrease of 4.09% on the 7th. The top five locked positions are: Arbitrum One ($5.7 billion, down 3.57% on the 7th); OP Mainnet ($2.57 billion, down 6.21% on the 7th); Base ($545 million, down 2.06% on the 7th); zkSync Era ($398 million, down 10.2% on the 7th); dYdX ($325 million, down 5.29% on the 7th). Data: The total locked-up volume of Ethereum Layer 2 is US$10.37 billion, a...

Crypto lending firm Genesis Global Capital has filed a proposed order with the U.S. Bankruptcy Court for the Southern District of New York to enforce the company’s $175 million settlement with FTX. This follows a ruling issued by Judge Sean H. Lane on October 6 approving an agreement between Genesis and FTX to resolve claims between the two companies. Under the settlement, FTX will file a $175 million bankruptcy claim against Genesis based on a loan Genesis made to FTX affiliate Alameda Resea...

Crypto lending firm Genesis Global Capital has filed a proposed order with the U.S. Bankruptcy Court for the Southern District of New York to enforce the company’s $175 million settlement with FTX. This follows a ruling issued by Judge Sean H. Lane on October 6 approving an agreement between Genesis and FTX to resolve claims between the two companies. Under the settlement, FTX will file a $175 million bankruptcy claim against Genesis based on a loan Genesis made to FTX affiliate Alameda Resea...