Evening News | FTX has recovered approximately $7 billion in liquid assets; Upbit announces the listing of BLUR

整理：饼干, ChainCatcher

"What Important Events Happened in the Last 24 Hours"

1. FTX Recovers Approximately $7 Billion in Liquid Assets

According to Bloomberg, the current management team of FTX stated that they have made "substantial progress" in asset protection, having recovered approximately $7 billion in liquid assets to date. Additionally, since its inception, FTX has mixed customer deposits with company funds and created a new entity called North Dimension Inc., described as a cryptocurrency trading company with 2,000 trading counterparts and an average monthly trading volume of $10 million, which is essentially a shell company used to receive customer deposits and withdrawals for FTX. (Source link)

2. Damus Founder: Apple App Store Will Remove Damus, Will Continue to Appeal

William Casarin, the founder of the open social application Damus based on the Nostr protocol, tweeted that the Apple App Store will remove Damus on Tuesday due to violations of Apple's in-app purchase rules. He stated that even though we have updated the application and clearly indicated that no digital content would be unlocked after users pay, it will still be removed. We will appeal, as this rule is clearly being abused and misused.

Damus launched on the App Store earlier this year but was requested to be removed by Apple on June 13 due to the "zaps" feature (a special Damus feature that allows users to send small amounts of Bitcoin to content creators via the Lightning Network, similar to Twitter's "tip" feature). Apple stated that the zaps feature is not allowed on its platform because it "could" be used by content creators to sell digital content. Subsequently, Apple indicated that it had discussions with Damus and reached a consensus on how the zaps feature could survive on the platform. (Source link)

3. South Korean Exchange Upbit Announces Listing of BLUR

The South Korean exchange Upbit announced that it will list BLUR, supporting deposits only from the Ethereum network (deposits from other networks like BSC are not supported). The scheduled trading support start time is June 27 at 15:00. Additionally, according to monitoring by Look On Chain, Wintermute Trading received 10 million BLUR (approximately $4.2 million) from a Coinbase custodial wallet about 12 hours ago and deposited it into Kraken. After the rise of BLUR, Wintermute Trading deposited 2.1 million BLUR (worth approximately $895,000) back into Coinbase. (Source link)

4. Chainlink Announces Spring 2023 Hackathon Winners, Over 40 Projects Including Securechain Awarded

Oracle infrastructure Chainlink announced the winners of the Spring 2023 Hackathon, with over $400,000 allocated to 9 awards: Grand Prize, Tech for Good (x2), NFT and Gaming, DeFi, AI, Chainlink Services (x3), DAO, Women in Tech, and Quality Prize (x40).

Among them, the NFT verification system Securechain won the $25,000 Grand Prize; solar developer DREx and decentralized agricultural insurance platform Agrosurance received the Tech for Good award; data set NFT tokenization platform DataNFT won the NFT and Gaming award; DeFi simplification solution Prompt DeFi won the DeFi award; StoryChain won the AI award; Maven, a profile management platform, interactive on-chain learning platform Chainiversity, and decentralized hosting protocol Vernari won the Chainlink Services award; DAO framework PAO won the DAO award; generative NFT marketplace SuperCool AI won the Women in Tech award.

Additionally, 40 projects including Applauds, Ceptor Club, Cexles Finance, and Notional received the Quality Prize. (Source link)

5. Maverick Protocol Deployed to BNB Chain, Binance to Open MAV Trading on June 28

The DeFi infrastructure Maverick Protocol has been deployed to the BNB Chain, now supporting Ethereum, zkSync Era, and BNB Chain. Additionally, according to an official announcement from Binance, Binance will launch Maverick Protocol (MAV) and open trading pairs MAV/BTC, MAV/USDT, and MAV/TUSD on June 28, 2023, at 16:00 Beijing time. (Source link)

6. Everstake: Ethereum Team to Launch New Testnet Named Holešky in September to Replace Goerli

Blockchain validator and staking service provider Everstake released a blog stating that the Ethereum team has just announced the upcoming launch of a new testnet named Holešky, with the team participating in the coordination call for the Holešky testnet launch.

Currently, Ethereum has two public testnets: Sepolia allows developers to test contracts and applications; Goerli allows protocol developers to test network upgrades and allows stakeholders to test running validators. According to the newly proposed Ethereum testnet lifecycle plan, Goerli entered a long-term support phase in the first quarter of 2023. After the lifecycle termination date (planned for the fourth quarter of this year), it will no longer receive support from the client teams. Therefore, the next testnet should be launched by the end of 2023 to prepare for the shutdown of Goerli.

Holešky will replace Goerli as the testnet for staking, infrastructure, and protocol developers. Meanwhile, decentralized application (DApp) testing, smart contracts, and other EVM (Ethereum Virtual Machine) functionalities will be tested on the Sepolia testnet.

The Holešky network is named after the Nádraží Holešovice train station located in Prague, Czech Republic (Goerli is also named after the Goerlitzer Bahnhof station in Berlin). To replace Goerli by the end of this year, the Ethereum team proposed to launch Holešky no later than September, with the genesis event tentatively scheduled for September 15, 2023, at 14:00 GMT. (Source link)

7. OKX Web3 Wallet Launches Bitcoin Transfer UTXO Management Feature

According to official news, the OKX Web3 wallet has launched a Bitcoin transfer UTXO management feature. Users can view and manage UTXOs occupied by Ordinals inscriptions when making BTC transfers, thus releasing BTC liquidity. Currently, the OKX Web3 wallet is the first multi-chain wallet to support this feature on both mobile and plugin platforms.

As the Ordinals ecosystem develops, more and more Bitcoin inscriptions are appearing. Some UTXOs occupied by abandoned Ordinals inscriptions may cause part of the user's balance to be unavailable, preventing normal BTC transfers. This feature allows users to conveniently view the assets occupied by Ordinals inscriptions and easily manage UTXOs by releasing and restoring occupations. However, it should be noted that released UTXOs will be treated as normal balances, and users need to confirm that the NFTs contained in the released UTXOs are abandoned assets.

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

1. "Former Harmony Employee's Account: Poor Management by Executives Disrupted Employee Work"

Harmony was one of the few "Layer 1" blockchains that skyrocketed in value during the 2021 crypto bull market. Last year, Harmony's total locked value peaked at $1.42 billion, but 12 months later, this blockchain has become a deserted "ghost town." Only Tse and Jiang remain among the eight co-founders of Harmony. Some former employees accuse them of "poor management," leading to Harmony's funds decreasing from around $1 billion to about $50 million.

2. "Nostr Founder: Drivechain is the Future of Bitcoin"

At the end of 2022, a decentralized social protocol called Nostr caused a stir throughout the Web3 industry. Fiatjaf is an anonymous developer who is both a developer of Nostr and of Bitcoin and the Lightning Network. Fiatjaf believes that Drivechain will bring a new paradigm to the Bitcoin ecosystem.

3. "Exploring Trends in Bitcoin Network Security Budget"

This article is a continuation of the discussion on "Two Types of Block Space Demand" and "Built on Bitcoin," analyzing positions that are more empirical than previous writings, aiming to explore Bitcoin's ability to resist 51% attacks (i.e., Bitcoin's "security budget"). Intense competition among miners makes it impossible for the system to collect transaction fees sufficient to maintain the security budget from a single network, so we should obtain transaction fees from all payment markets.