Evening News ｜Bitkeep suffers a mass theft incident due to APK being hijacked by hackers; 40% of the core team members of Octopus Network have resigned
The Solana ecosystem NFT project y00ts will bridge to Polygon in the first quarter of next year; Aave's native stablecoin GHO will launch its public testnet in January.Organizer: Nianqing, ChainCatcher
"What Important Events Happened in the Last 24 Hours"
1. Aave's Native Stablecoin GHO Internal Testing Goes Smoothly, Public Testnet to Launch in January
Aave founder Stani Kulechov stated on Twitter that the internal testnet for Aave's native stablecoin GHO is progressing well, with a public testnet set to launch in early January 2023. Additionally, Aave will deploy Aave V3 on Ethereum in January.
It is reported that the proposal for the over-collateralized stablecoin GHO was voted on in July, receiving a 99.99% approval rate (500,100 AAVE). Aave will implement the creation of the GHO stablecoin through a new Aave Improvement Proposal (AIP), with management of the stablecoin being handled by the Aave DAO upon its creation. (Source link)
2. Solana Ecosystem NFT Project y00ts to Bridge to Polygon in Q1 Next Year
The Solana ecosystem NFT project y00ts tweeted that it will bridge to Polygon in the first quarter of next year, with more details to be released once preparations and testing are complete. Meanwhile, y00ts will release a more formal second-phase roadmap in January.
It is reported that the y00ts series NFT topped the OpenSea 24-hour trading volume leaderboard just two hours after minting began in September, with a trading volume of approximately $2.042 million. Previously, y00ts' parent company Dust Labs completed a $7 million seed round financing, with participation from Chapter One, Foundation Capital, Magic Eden, FTX Ventures, Jump Capital, Solana Ventures, and Mysten Labs. (Source link)
3. Bitkeep Suffers Asset Theft Due to APK Hijacking, Currently $8 Million in Funds Stolen
Multi-chain wallet BitKeep announced in a Telegram group that the cause of the recent large-scale hacking incident has been identified as a severe group theft event, where the BitKeep APK package used by some users was hijacked by hackers, and the wallets used by users were not the official version.
As of now, the stolen funds from the BitKeep wallet amount to $8 million, including approximately 4,373 BNB, 5.4 million USDT, 196,000 DAI, and 1,233.21 ETH. (Source link)
4. Octopus Network: 40% of Core Team Members Depart, Team Token Incentives Indefinitely Suspended
Louis Liu, founder of the Near ecosystem multi-chain network Octopus Network, published a blog post stating that the core team of Octopus Network will initiate a voluntary departure plan for restructuring, with about 40% of the members (12 out of 30) leaving the core team through this plan. The remaining team members will accept a 20% salary reduction, and team token incentives will be indefinitely suspended.
It is reported that Louis Liu stated the plan aims to help Octopus Network survive the crypto winter, with the team focusing on Near and IBC as strategic cornerstones for development next year. If users have any questions regarding Octopus 2.0 and the restructuring of the core team, Louis Liu will explain in a community conference call on January 8.
According to RootData, Octopus Network completed a $3 million seed round financing in April last year, with participation from NGC Capital, OKX Blockdream Ventures, Spark Digital Capital, and others. Additionally, the project completed a $5 million Series A financing in September last year, with participation from Youbi Capital, DCG, Gate Labs, and others. (Source link)
5. Data of 400 Million Twitter Users, Including Vitalik and Mark Cuban, Sold on the Dark Web
According to cybercrime intelligence company Hudson Rock, data of 400 million Twitter users, including private emails and associated phone numbers, has been sold on the dark web. This private database contains a wealth of information, including emails and phone numbers of well-known users such as AOC, Kevin O'Leary, Vitalik Buterin, and Mark Cuban.
Hudson Rock stated that due to the number of accounts, it could not fully verify the hacker's claims but noted that "independent verification of the data itself appears to be legitimate." Web3 security company DeFiYield reviewed 1,000 sample accounts provided by the hacker and verified that the data is "real." They also contacted the hacker via Telegram, indicating that they are actively waiting for buyers. (Cointelegraph)
6. SBF Scores Perfect 10 on The Guardian's List of Worst Tech Entrepreneurs of the Year
The Guardian has compiled a list of the worst tech entrepreneurs of 2022, including Elon Musk, Mark Zuckerberg, SBF, and Jeff Bezos. Musk lost points during the Twitter acquisition deal, while Zuckerberg's Meta business faced a decline and layoffs. FTX founder Sam Bankman-Fried was arrested for misappropriating customer assets, and both SBF and Theranos founder Elizabeth Holmes received a perfect score of 10. (The Guardian)
7. Andre Cronje: Fantom to Focus on Gas Monetization, Gas Subsidies, Account Abstraction, and More Next Year
Fantom founder Andre Cronje mentioned in a letter to the Fantom Foundation team the core focus of Fantom's plans for 2023. It was introduced that next year, Fantom needs to focus on vertical developers, with the overall goal of creating a sustainable environment for dapp developers to differentiate from other public chains.
Core focuses will include gas monetization, gas subsidies, account abstraction, economic abstraction of gas fees, new middleware (Fantom virtual machine, new storage mechanisms), optimizing throughput hardware limitations (PebbleDB, flat storage, etc.), updating documentation and training for new builders and non-blockchain developers, timely disclosure of financial status, and providing funding and grant opportunities for dapp teams, among others.
Additionally, Andre mentioned in the letter that he has been formally nominated and accepted positions on the boards of the Fantom Foundation and Fantom Operations. (Source link)
"What Interesting Articles Are Worth Reading in the Last 24 Hours"
1. "A Comparison of Decentralized Social Protocols Nostr and Farcaster"
An unmoderated Twitter has always been untenable; a private company cannot create a truly unobstructed platform for speech. When they try, the platform becomes a cesspool that almost everyone ignores, and without a business model, it resembles 4chan. Given this, you might wonder—why do I advocate for an open, permissionless, and censorship-resistant social network? Nostr seems to follow the spirit of cypherpunks and Bitcoin, where simplicity and robust protocols are paramount. Farcaster follows a more traditional tech startup model, with their product being meticulously polished and now looking quite pleasant.
2. "Deep Dive into the Web3 Data Space: Landscape, Layers, and Future of User Data"
The Web3 data space will be crucial for the new order and shows immense growth potential. From an entrepreneur's perspective, decentralized networks are open, permissionless distributed databases. When it comes to data, there are many scenarios that need servicing. If you choose one of them, you will likely be able to develop and grow in the world of Web3. Today's article will discuss the structure of the Web3 data sector, typical players in the existing Web3 data space, and future development trends.
NFTs will gain more utility and become a cornerstone of Web3. With highly anticipated blockchain games set to launch in 2023, we can see the next opportunity to attract a new generation of crypto users. After the FTX collapse, as cryptocurrency investors turn to self-custody, people will understand the true value of Bitcoin, beyond just hype and price speculation. With stricter regulations following the FTX collapse, Caroline Bowler of BTC Markets believes that cryptocurrency could become mainstream within the next 18 months. 2023 may be a year for decentralized exchanges and more advanced cross-chain applications.
