Evening News ｜Not Larva Labs founder claims to have criminal information about Azuki founder; Bitkub completes $17.8 million financing
The Poly Network attacker has cashed out $10.1 million on Ethereum; a certain PENDLE whale has had an investment return of 1289% since last year.Organizer: flowie, ChainCatcher
"What Important Events Happened in the Last 24 Hours"
1. Not Larva Labs Founder: Has Criminal Information on Azuki Founder, Willing to Testify in Court
The founder of the NFT market Not Larva Labs, PAULY (Jeremy Cahen), tweeted that he is "willing to help the Azuki community take legal action against Azuki founder Zagabond."
PAULY stated, "He is a pathological liar or a serial criminal. My colleagues and I have spent over a year tracking him down to recover the $3 million he defrauded. He and his team fraudulently extracted over $100 million from our community. I would be happy to testify about all of this in court; it would be my honor. I also have complete personal information on many team members involved in these scams."
Previously, ChainCatcher reported that AzukiDAO plans to sue founder Zagabond and recover a refund of 20,000 ETH. AzukiDAO and 20,000E DAO were established by some former core builders of the Azuki community and Azuki holders and are not affiliated with the Azuki project team. (Source link)
2. Thai Cryptocurrency Exchange Bitkub Completes $17.8 Million Financing
According to Tech in Asia, regulatory documents show that Thailand-based cryptocurrency exchange Bitkub has agreed to sell 9.22% of the company to local game publisher Asphere Innovations for $17.8 million. This round of financing will be used to expand digital asset services in Thailand. (Source link)
3. Poly Network Attacker Has Cashed Out $10.1 Million on Ethereum, Approximately $260 Million in Tokens May Be Uncashable Due to Low Liquidity
According to Beosin Alert monitoring, the Poly Network attacker has cashed out a total of 5,196 ETH (approximately $10.1 million) on the Ethereum network, while other tokens (approximately $260 million) may be uncashable due to low liquidity. (Source link)
4. Data: A Certain PENDLE Whale Has an Investment Return Rate of 1289% Since Last Year and Still Holds Over 500,000 PENDLE
According to Spot On Chain monitoring, a certain PENDLE whale has achieved an investment return rate of 1289% since mid-2022, when they used 43,000 USDC to purchase 878,000 PENDLE at an average price of approximately $0.049. The estimated realized profit is $215,000, and they still hold 518,000 PENDLE. This whale staked their holdings for a year after purchasing in 2022, earning 43,700 PENDLE.
When the PENDLE price surged 1219% in April, they began depositing PENDLE into MEXC and Bitget, with an average selling price of $0.681. 18 hours ago, this whale last deposited 100,000 PENDLE into MEXC at a price of $0.95. (Source link)
5. Data: In June This Year, Cryptocurrency Market Financing Amounted to $520 Million, a Recent Low
According to Decrypt citing RootData, a total of 83 projects completed a cumulative financing of $520 million in June this year, marking the lowest financing amount in recent years. In June last year, the crypto sector raised $1.81 billion across 149 rounds of financing.
In terms of sectors, the infrastructure category leads, with 26 projects securing $213 million in financing in June, nearly a 50% decrease from May. The project with the highest financing amount is Gensyn AI, which raised up to $43 million in a Series A round led by a16z crypto. (Source link)
6. Binance Launches Pendle (PENDLE) in Innovation Zone
Binance announced that it has launched Pendle (PENDLE) in the innovation zone and has opened trading pairs for PENDLE/BTC, PENDLE/USDT, and PENDLE/TUSD. Users can now deposit PENDLE into Binance, with withdrawals opening at 18:00 Beijing time on July 4.
Additionally, users can stake BNB and TUSD in the PENDLE mining pool on the Launchpad website after 08:00 Beijing time on July 4, 2023, to earn PENDLE rewards. A total of 25 days of mining is available for PENDLE. The total reward for this Launchpool is 5,021,222 PENDLE, accounting for 2% of the total token supply. (Source link)
"What Interesting Articles Are Worth Reading in the Last 24 Hours"
1. "ERC-6551: What New Narratives Will Arise from Making NFTs Wallet Accounts?"
On June 25, the EthGlobal Waterloo hackathon officially concluded, with 11 projects entering the finals. Notably, among these 11 selected projects, 4 are centered around the newly proposed token standard ERC-6551. This article will explore the characteristics, implementation principles, and differences from ERC-721 of ERC-6551, discussing what new possibilities ERC-6551 will bring to the NFT sector.
According to Ta Kung Wen Wei, Wang Yang, Vice President of the Hong Kong University of Science and Technology and Chief Scientific Advisor of the Hong Kong Web 3.0 Association, angel investor Cai Wensheng, Web 3.0 technology company founder Lei Zhibin, and PhD student Wen Yizhou from the Hong Kong University of Science and Technology published policy recommendations in the newspaper, proposing that Hong Kong issue a Hong Kong dollar stablecoin backed by foreign exchange reserves.
