Evening News | Vitalik discusses experiences and suggestions for crypto payments; Sequoia China Seed Fund completes $480 million new fund raising

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2023-02-28 19:40:09
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Official review of key information from Sui testnet Wave 2; Blur's second season airdrop will filter out all addresses suspected of fraudulent bids.

整理:饼干,ChainCatcher

"What Important Events Happened in the Last 24 Hours"

1. Zhao Changpeng: Forbes Seems to Misunderstand the Basic Operation Principles of Exchanges, Binance Users Can Withdraw Their Assets Anytime

Forbes stated last night that Binance had misappropriated nearly $1.8 billion in B-peg USDC collateral in 2022. Binance CEO Zhao Changpeng expressed on social media that he was reluctant to spend time on FUD (Fear, Uncertainty, Doubt) again. Forbes wrote another FUD article that deliberately misinterpreted the facts, and they seem to misunderstand the basic principles of how exchanges operate.

Zhao also stated that Binance users can freely withdraw their assets at any time. Forbes's article ignored deposit trading and attempted to categorize Binance and FTX together. Binance will implement proof of reserves using zero-knowledge proofs (suggested by Vitalik) to protect our users' security and privacy. (Source link)

2. Sequoia China Seed Fund Completes $480 Million New Fundraising

Sequoia China Seed Fund announced that its third seed fund completed fundraising of $480 million last year. Currently, Sequoia Seed manages nearly 15 billion RMB, making it one of the largest early-stage funds in China, and this is the third dollar fund raised by Sequoia China in five years since it was separately listed in 2018.

It is reported that Sequoia Seed mainly targets startups from seed to Series A rounds. In recent years, Sequoia Seed has focused on sectors with technology-driven, structural innovation, and high growth attributes, including new energy and "dual carbon," the EV industry chain, innovative medical technology, synthetic biology, fintech, foundational software, robotics, design and content platforms, efficiency tools, and new consumption. It is now also starting to pay attention to and lay out early-stage companies in the AIGC field. (Source link)

3. Blur: The Second Season Airdrop Will Filter All Addresses Suspected of Fraudulent Bidding

The NFT market Blur responded to the community regarding addresses "abusing fraudulent bidding strategies to gain BID points," stating that all wallet addresses suspected of fraudulent bidding will be filtered out in the second season airdrop. (Source link)

4. Yuga Labs Launches Bitcoin-Based NFT Series TwelveFold

Yuga Labs announced the release of a new Bitcoin-based NFT series called TwelveFold. The series will include 300 pieces of generative art written on satoshis on the Bitcoin blockchain. This process is achieved through the Ordinal Theory protocol. These NFTs are placed on a 12x12 grid as a "visual allegory of Bitcoin blockchain data mapping." Yuga Labs stated that the NFTs include 3D elements and hand-drawn features. (The Block)

5. Optimism to Hard Fork Optimism Goerli in March

Ethereum Layer 2 solution Optimism announced a hard fork of Optimism Goerli in March, with the exact time to be announced next week. This upgrade will improve the development experience of Bedrock by fixing inconsistencies in certain system transaction receipts in the API.

It is reported that this bug is developer-facing and will not affect user funds, but it does require a fork to fix. In terms of upgrade timing, op-geth and op-node updates will be released in early March, followed by the activation of the fork in mid-March. Users do not need to take any action and will not experience any interruptions or downtime. Partners and project running nodes on Optimism Goerli will need to upgrade their nodes when the op-geth and op-node updates are released. (Source link)

6. Scroll Launches Alpha Testnet on Ethereum Goerli

Ethereum scaling solution Scroll today launched the testnet version of its Ethereum Layer 2 network on the Goerli testnet, moving zk-EVM from pre-alpha to alpha testing phase, which is the last stage before the mainnet. It is reported that the new Alpha testnet on Goerli is completely permissionless and available for everyone to test. Additionally, Scroll will focus on iterating and improving the performance of zkEVM in the coming months. (Source link)

7. EOS EVM Final Testnet to Launch on March 27, Mainnet Beta Version on April 14

Yves La Rose, CEO of the EOS Network Foundation, tweeted that the EOS EVM final testnet will be released on March 27, and the mainnet Beta version will be released on April 14. (Source link)

8. Analysis: Algorand Ecosystem Wallet MyAlgo Attack May Lead to Over $9.2 Million Stolen

On-chain data analyst ZachXBT tweeted that due to the attack on the Algorand ecosystem wallet MyAlgo from February 19 to 21, over $9.2 million (19.5 million ALGO, $3.5 million USDC, etc.) is suspected to have been stolen on Algorand.

Earlier, ChainCatcher reported that the Algorand ecosystem wallet MyAlgo tweeted a strong recommendation for all users to withdraw any funds from mnemonic wallets stored in MyAlgo. As the root cause of the recent hacking attack is still unknown, MyAlgo encourages everyone to take precautions to protect their assets.

MyAlgo stated that the hacking attack occurred more than a week ago, and no further actions have taken place since then. The affected users had significant funds in their accounts and used mnemonic wallets, with keys stored in the browser. No one used hardware wallets. MyAlgo will continue to work closely with authorities and conduct a thorough investigation to determine the root cause of the attack. (Source link)

"What Interesting Articles Are Worth Reading in the Last 24 Hours"

1. “Vitalik Buterin: My Personal Experiences and Tips on Crypto Payments

Ethereum founder Vitalik Buterin listed several personal experiences of completing offline payments using cryptocurrency, stating that user experience is a key reason many Ethereum users (especially those in the Southern Hemisphere) often choose centralized solutions over on-chain decentralized alternatives.

2. “Reviewing Sui Testnet Wave 2, What Key Information Did the Officials Reveal?

The Sui testnet Wave 2 has successfully concluded, and this test helped us achieve the goal of staking operations on Sui. The significant activity on the network gives us more confidence that we have taken a key step in our journey to launch the mainnet. The Sui team learned a lot from Wave 2 and will release a three-part blog series to review everything from Wave 2. The first blog covers network aspects, while the following articles will delve deeper into token economics and the Frenemies game.

3. “Greenfield Capital: Can Web3 Disrupt the Online Dating Industry?

The root of the online dating dilemma lies in identity systems. In addition to business model innovation, advanced analytics and machine learning Web3 technologies based on DID, verifiable credentials, SBT, and POAP can address these issues. This article discusses whether Web2 online dating will become the next industry disrupted by Web3 technologies and showcases Web3 dating services, protocols, or products and their potential key features.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
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