From July 3rd to July 4th, the assets of a small number of users were liquidated at a price below the floor price. We have contacted all affected users and reimbursed them for the price difference. This happens due to the Dutch auction being run on the back end without showing the asset being auctioned on the front end. When liquidation is triggered, a successful purchase of an NFT will terminate the auction.

From July 3rd to July 4th, the assets of a small number of users were liquidated at a price below the floor price. We have contacted all affected users and reimbursed them for the price difference. This happens due to the Dutch auction being run on the back end without showing the asset being auctioned on the front end. When liquidation is triggered, a successful purchase of an NFT will terminate the auction.

U.S. Senate Sen. Jack Reed (D-R.I.) has introduced a new bill called the Crypto Assets National Security Enhancement Act of 2023, which would impose strict anti-money laundering (AML) requirements on decentralized finance (DeFi) protocols. And require DeFi protocols to implement bank-like controls over their user base. The bill seeks to "combat the rise in cryptocurrency crime and cut off avenues to evade money laundering and sanctions critical to national security." Mike Rounds (R-S.D.), Mit...

U.S. Senate Sen. Jack Reed (D-R.I.) has introduced a new bill called the Crypto Assets National Security Enhancement Act of 2023, which would impose strict anti-money laundering (AML) requirements on decentralized finance (DeFi) protocols. And require DeFi protocols to implement bank-like controls over their user base. The bill seeks to "combat the rise in cryptocurrency crime and cut off avenues to evade money laundering and sanctions critical to national security." Mike Rounds (R-S.D.), Mit...

The U.S. House of Representatives Financial Services Committee will vote on cryptocurrency legislation on July 26 that would create a comprehensive regulatory framework for stablecoins and cryptocurrency trading in the United States. The vote was originally scheduled to take place on Wednesday. During a committee hearing on digital asset legislation last month, several Democratic lawmakers expressed skepticism about the Republican-led legislation and invited an industry witness who argued tha...

The U.S. House of Representatives Financial Services Committee will vote on cryptocurrency legislation on July 26 that would create a comprehensive regulatory framework for stablecoins and cryptocurrency trading in the United States. The vote was originally scheduled to take place on Wednesday. During a committee hearing on digital asset legislation last month, several Democratic lawmakers expressed skepticism about the Republican-led legislation and invited an industry witness who argued tha...

New York-based venture capital firm CoinFund announced Tuesday that the new fund has raised $158 million to back early-stage crypto startups. The fund's initial funding target was $125 million, but the interest it received exceeded expectations. CoinFund’s latest investment vehicle is its fourth seed fund, which has invested in Giza, a startup aiming to bring artificial intelligence to smart contracts, and Superstate. With the new capital infusion, CoinFund will focus in part on startups...

New York-based venture capital firm CoinFund announced Tuesday that the new fund has raised $158 million to back early-stage crypto startups. The fund's initial funding target was $125 million, but the interest it received exceeded expectations. CoinFund’s latest investment vehicle is its fourth seed fund, which has invested in Giza, a startup aiming to bring artificial intelligence to smart contracts, and Superstate. With the new capital infusion, CoinFund will focus in part on startups...

The full-chain interoperability protocol LayerZero has been launched on the Linea mainnet, and applications can be integrated with the new zkEVM rollup through LayerZero. According to previous news, LayerZero has been launched on the Base mainnet.

The full-chain interoperability protocol LayerZero has been launched on the Linea mainnet, and applications can be integrated with the new zkEVM rollup through LayerZero. According to previous news, LayerZero has been launched on the Base mainnet.

The OKX Web3 wallet has now officially opened the BRC-20 token pledge function, and the current pledge pool has exceeded 100+. Users can pledge BRC-20 tokens through the DeFi sector to earn BRC20-S token income. Tokens pledged by BRC-20 are still in the user's account and there is no need to lock up liquidity. According to Ouyi OKX, BRC20-S is an open standard, and any project can be deployed in a pledge pool. Ouyi OKX will not review the deployment pool, nor will it endorse any project....

The OKX Web3 wallet has now officially opened the BRC-20 token pledge function, and the current pledge pool has exceeded 100+. Users can pledge BRC-20 tokens through the DeFi sector to earn BRC20-S token income. Tokens pledged by BRC-20 are still in the user's account and there is no need to lock up liquidity. According to Ouyi OKX, BRC20-S is an open standard, and any project can be deployed in a pledge pool. Ouyi OKX will not review the deployment pool, nor will it endorse any project....

Solana Web3 mobile phone Saga released TKQ1.221220.425 version MR1 system update. This update includes the Android May security patch; fixes the problem that the seed bank cannot be started occasionally, and improves the stability of the seed bank application; the camera HDR and night scene mode and other algorithms are upgraded, and panorama, time-lapse and document modes are added; the system level improves the screen color Accurate, optimized temperature control algorithm and standby energ...

Solana Web3 mobile phone Saga released TKQ1.221220.425 version MR1 system update. This update includes the Android May security patch; fixes the problem that the seed bank cannot be started occasionally, and improves the stability of the seed bank application; the camera HDR and night scene mode and other algorithms are upgraded, and panorama, time-lapse and document modes are added; the system level improves the screen color Accurate, optimized temperature control algorithm and standby energ...

The NFT project Memeland will airdrop a total of 17.25 billion MEME tokens to ecological project holders, including MVP, Captainz and Potatoz, accounting for 25% of the total supply. Memecoin has not yet announced the specific share of tokens that will be unlocked immediately and delayed. According to previous news, the NFT project Memeland announced the MEME token sales rules, which will allocate whitelist quotas for Captainz holders, and rare Captainz can obtain more quotas. A single whitel...

The NFT project Memeland will airdrop a total of 17.25 billion MEME tokens to ecological project holders, including MVP, Captainz and Potatoz, accounting for 25% of the total supply. Memecoin has not yet announced the specific share of tokens that will be unlocked immediately and delayed. According to previous news, the NFT project Memeland announced the MEME token sales rules, which will allocate whitelist quotas for Captainz holders, and rare Captainz can obtain more quotas. A single whitel...

The encrypted data platform Arkham tweeted that after the announcement this week, some spam accounts posing as Arkham appeared, claiming to offer a second airdrop. The airdrop claim has ended, and there will be no second airdrop. We are contacting Twitter to shut down these spam accounts. The official team reminds users to be vigilant and only pay attention to verified account announcements.

The encrypted data platform Arkham tweeted that after the announcement this week, some spam accounts posing as Arkham appeared, claiming to offer a second airdrop. The airdrop claim has ended, and there will be no second airdrop. We are contacting Twitter to shut down these spam accounts. The official team reminds users to be vigilant and only pay attention to verified account announcements.

Hashdex, an asset management company focused on cryptocurrencies, announced that Brian Brooks has joined the Hashdex Board of Directors and will serve as a strategic advisor to Hashdex, providing global regulatory advice. Brooks has served as CEO of two blockchain companies and also served as chief legal officer of global cryptocurrency exchange Coinbase. Previously, Brooks served as the Comptroller of the Currency, leading the U.S. government agency that charters and oversees the nation&apos...

Hashdex, an asset management company focused on cryptocurrencies, announced that Brian Brooks has joined the Hashdex Board of Directors and will serve as a strategic advisor to Hashdex, providing global regulatory advice. Brooks has served as CEO of two blockchain companies and also served as chief legal officer of global cryptocurrency exchange Coinbase. Previously, Brooks served as the Comptroller of the Currency, leading the U.S. government agency that charters and oversees the nation&apos...

IOST node partner Sigma officially launched the cross-chain bridge Sigma-Bridge today. It is reported that Sigma-Bridge is an asset cross-chain tool developed by Sigma for fast asset transactions and contract calls between major compatible networks. It was originally created to realize two-way conversion between IOST and ETH assets, and now it can realize asset transfer between other ecosystems (such as IOST and BSC). In the future, Sigma will gradually expand Sigma-Bridge to other high-perfo...

IOST node partner Sigma officially launched the cross-chain bridge Sigma-Bridge today. It is reported that Sigma-Bridge is an asset cross-chain tool developed by Sigma for fast asset transactions and contract calls between major compatible networks. It was originally created to realize two-way conversion between IOST and ETH assets, and now it can realize asset transfer between other ecosystems (such as IOST and BSC). In the future, Sigma will gradually expand Sigma-Bridge to other high-perfo...

Mining machine manufacturer Bitmain announced the launch of Filecoin mining machines, entering the Filecoin mining field for the first time. The price of each Filecoin mining machine is US$38,888, the specification is 4300 T, and the entrusted pledge service fee is a minimum of 0.5% per month. Sales will start at 22:00 (Beijing time) on July 21.

Mining machine manufacturer Bitmain announced the launch of Filecoin mining machines, entering the Filecoin mining field for the first time. The price of each Filecoin mining machine is US$38,888, the specification is 4300 T, and the entrusted pledge service fee is a minimum of 0.5% per month. Sales will start at 22:00 (Beijing time) on July 21.