Evening News | The SUI official team requests exchanges like Binance and OKX to launch SUI tokens without introducing perpetual contracts; the NFT market AlienSwap completes $12 million in strategic financing, led by NEXT Leader Capital and others

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2023-05-04 19:55:16
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The Federal Reserve announced an interest rate hike of 25 basis points, and the latest statement removed language that previously suggested further rate increases; Xu Mingxing: The Sui team temporarily changed the listing time, resulting in orders being unable to be canceled, and OKX is formulating a compensation plan.

Organizer: Grapefruit, ChainCatcher

"What Important Events Happened in the Last 24 Hours"

1. NFT Market AlienSwap Completes $12 Million Strategic Financing, Led by NEXT Leader Capital

According to ChainCatcher, the NFT market AlienSwap has completed $12 million in strategic financing, led by NEXT Leader Capital and C² Ventures, with follow-on investment from OKX Ventures, and participation from Araceae Capital, BIP32 Venture, Hyper10n Capital, Eureka Trading, Mission Street Ventures, Phyrex, and others. The funds raised will be used to expand the AlienSwap engineering team, develop new NFT liquidity tools and trading products, and increase investment in NFT infrastructure to enhance the trading experience for NFT community users. (Source link)

2. Xu Mingxing: Sui Team's Temporary Change of Listing Time Led to Uncancellable Orders, OKX is Formulating a Compensation Plan

According to ChainCatcher, Xu Mingxing tweeted that the Sui team proposed a temporary change to the listing time yesterday, causing developers to forget to update the listing time for certain trading modules, resulting in a subtle error in the system. This bug caused some orders to appear valid and uncancellable, and the team took some time to identify and fix the issue. Currently, OKX is analyzing data to formulate a compensation plan for affected users, with more details to be released later.

This morning's news, Xu Mingxing stated on Twitter that all customers who purchased SUI at a price higher than 1.3 USDT and had uncancellable orders would be compensated. Specific details will be released soon. (Source link)

3. Meme Coin Project WSB Coin Experiences Rug Pull, WSB Price Drops Over 86%

According to ChainCatcher, on-chain detective ZachXBT tweeted that the Meme coin project WSB Coin experienced a rug pull. An address marked on-chain as "ZJZ.eth" suddenly sold WSB tokens for $635,000 (334 ETH), causing the WSB price to plummet by 86%. (Source link)

4. FTX Seeks to Recover Nearly $4 Billion from Genesis

According to ChainCatcher, in a court document submitted to the New York bankruptcy court on May 3, FTX's lawyers plan to initiate a motion at the FTX hearing on May 25 to recover nearly $4 billion from Genesis Global Capital, which includes cash and cryptocurrencies.

The funds involve an $1.8 billion loan sought from Alameda Research and an alleged $273 million collateral pledge to Genesis; $1.6 billion withdrawn by Genesis, and an additional $213 million allegedly withdrawn from the exchange by its entity GGC International located in BV before entering Chapter 11 bankruptcy on November 11, 2022. (CoinDesk)

5. Federal Reserve Announces 25 Basis Point Rate Hike, Latest Statement Removes Language Suggesting Further Rate Increases

According to ChainCatcher, the Federal Reserve raised the federal funds target rate range by 25 basis points to 5-5.25%. Additionally, the Fed's statement removed language suggesting further rate increases.

The Fed's statement indicated that when determining whether additional policy tightening may be appropriate to bring inflation back to 2% over time, the committee will consider the cumulative tightening of monetary policy, the lagged effects of monetary policy on economic activity and inflation, and economic and financial developments.

Compared to the March statement, this statement's wording has softened, as the Fed previously indicated that the committee expected further policy tightening may be needed to achieve a sufficiently restrictive monetary policy stance to bring inflation back to 2% by 2018. (The Block)

6. Sui Mainnet Officially Launched, V1.0.0 Version Update Released

According to ChainCatcher, Sui Network announced that the Sui mainnet has officially launched. At the same time, Sui has launched an ecosystem project listing platform "Sui Directory" to help users search for Sui ecosystem projects and explore the Sui ecosystem in depth. The Sui Explorer domain address is "https://suiexplorer.com/". Currently, there are 41,976 testnet and development nodes from 84 countries on the Sui network. Additionally, Sui has also released the V1.0.0 version update. (Source link)

7. SUI Official Team Requests Exchanges Like Binance and OKX Not to Launch Perpetual Contracts When Listing SUI Tokens

According to ChainCatcher, Wu Blockchain tweeted that the SUI official team requested partner exchanges (Binance, OKX, Bybit, KuCoin, etc.) not to launch perpetual contracts when listing SUI tokens. Currently, major exchanges are temporarily meeting this demand, but there may be a delay in launching in the future.

Wu further stated that when APT was launched, the official team also made this request, but since Binance did not heed it and directly launched perpetual contracts, other exchanges immediately followed suit with futures. (Source link)

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

1.Guide to Harvesting Leeks: A Review of XIRTAM from Launch to Exit in One Night

On May 3, 2023, while the public was still enjoying the aftermath of the May Day holiday, many in the crypto circle found that this night was not easy. In the dead of night, many investors did not expect that the recently hyped "Golden Dog" XIRTAM—launched on SushiSwap at midnight—would plummet from $0.02 to $0.0018, with a market cap drop of 90% in just a few hours, making it a notorious case in the crypto world. It has been verified from multiple sources that it is a scheme packaged as a foreign project.

So, how is a "pig slaughtering" scheme formed in the crypto circle? What characteristics should an excellent "scalper" project possess? How is the public's FOMO sentiment triggered? What stakeholders are involved in the process of the project team exiting?

2."Airdrop Earned Nearly $1 Million," Revealing the "Airdrop Hunter" from Russia

"We earned nearly $1 million," said an anonymous Russian named LEOresearch, referring to the total amount created by their team. "Blur gave us about $300,000, Arbitrum gave us about $180,000, Aptos gave us $125,000, and Optimism gave us $120,000." LEOresearch has been operating in the crypto space since 2020.

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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