Evening News | Stepn has been attacked by DDoS again; Binance Labs announces strategic investment in PancakeSwap
The decentralized lottery project PoolTogether has completed its fundraising goal of $1.4 million for litigation.Organizer: Linqi, Chain Catcher
"What important events occurred in the past 24 hours"
1. Stepn suffers another DDoS attack, users advised to take a break during maintenance
M2E application Stepn tweeted last night that it has suffered another DDoS attack, and protecting the servers and recovery may take 1 to 12 hours. "We advise you to take a break during maintenance, otherwise your workouts may not be recorded correctly. Our engineers are working hard to resolve these issues." The day before, Stepn users were informed that the game experienced "network congestion" after suffering 25 million DDoS attacks in a short period. (Source link)
2. Binance Labs announces strategic investment in PancakeSwap
Binance Labs announced a strategic investment in PancakeSwap by purchasing the utility and governance token CAKE, with the specific investment amount not disclosed. A spokesperson for Binance Labs stated, "PancakeSwap has been leading the development and mass adoption of the BNB Chain. Given that PancakeSwap is the most widely used dApp and the DeFi project with the highest TVL on the BNB Chain, we have provided and will continue to provide strong support for this project."
It is reported that PancakeSwap is a decentralized trading platform (DEX) based on the BNB Chain. It uses an automated market maker (AMM) model, allowing users to trade, swap, and stake BEP-20 tokens. PancakeSwap also features a decentralized NFT marketplace powered by BNB. (Source link)
3. BAYC co-founder: Discord is not suitable for Web3 communities
BAYC co-founder Gordon Goner stated on Twitter that Discord is not suitable for Web3 communities, "We need a better platform that prioritizes security." Previously, the project's Discord server was attacked, and NFTs worth 200 ETH (358,962 USD) were stolen from users. (Source link)
4. Decentralized lottery project PoolTogether reaches $1.4 million lawsuit funding goal
Decentralized lottery project PoolTogether announced that it has completed its fundraising goal for legal fees, raising a total of 788.4 ETH, worth approximately $1.474 million, with around 4,200 wallet addresses participating in just over 10 days. It is reported that the campaign will continue for another 16 days.
Previous report, PoolTogether Inc. was accused of operating an illegal lottery in New York and violating related injunctions, leading to a lawsuit. Subsequently, it launched an NFT sale to fund the ongoing litigation. (Source link)
"What are some great articles worth reading in the past 24 hours"
1. “Messari: A Detailed Explanation of the Data Layer Collaboration Solution Ceramic Network”
Centralized platforms have absolute power over the location, storage method, and read/write permissions of data. This phenomenon leads to users losing ownership of their personal data, the island effect of web applications, and a poor user experience. Ceramic, developed by 3box Labs, focuses on identity recognition and development tools for composable networks. Earlier this year, the team completed a $30 million Series A funding round led by Multicoin and Union Square Ventures.
2. “Delphi: A Comprehensive Understanding of Ethereum's Sharding Roadmap”
All roads lead to centralized block production, decentralized trustless block validation, and anti-censorship outcomes. Ethereum is the only major protocol building a scalable unified settlement and data availability layer, with Rollups expanding computation while leveraging Ethereum's security. MEV is now at the forefront and center stage ------ with plans for extensive designs to mitigate its harms and prevent its centralization trends. Danksharding combines various cutting-edge research approaches to provide the scalable foundational layer required for Ethereum's Rollup-centric roadmap.
3. “What Are We Really Looking at When We Look at Etherscan?”
Following last week's NFT incident involving Apecoin, the severe weaknesses in infrastructure (and user perception) in the WEB3 world have become obstacles for many enthusiasts wanting to delve deeper. This article starts from background data to interpret the detailed meanings of blocks/transactions/addresses, combined with examples of Etherscan's extended statistics, hoping to help everyone further open the door to web3.
