Daily Report ｜ zkSync Era has resumed block production; MEXC clarifies the confusion regarding its CEO X account: MEXC_CEO X account has never been officially verified by MEXC, and the former CEO resigned last year
Data: At a certain address, 20.5 million SILLY were purchased for approximately 43 dollars, currently yielding about 30,000 times; the distributed ledger technology platform Grape has completed a 35 million dollar financing, with participation from LDA Capital.Organizer: Luan Peng, ChainCatcher
"What important events happened in the past 24 hours"
1. zkSync Era has resumed block production
According to ChainCatcher, the zkSync Era blockchain explorer shows that the zkSync Era network has resumed block production. The official status page of zkSync Era also indicates that the network is back online. (Source link)
2. Data: An address bought 20.5 million SILLY for about $43, currently yielding about 30,000 times
According to ChainCatcher, Scopescan monitoring reveals that the Solana meme coin SILLY has just broken its ATH again, with one address purchasing 20.5 million SILLY (2% of the total supply) for 0.7 SOL (about $43) 20 days ago.
It is reported that this address has sold 11.4 million SILLY for about $500,000 and still holds 9.1 million SILLY (about $1.2 million). The return rate in 20 days is approximately 30,000 times. (Source link)
3. MEXC clarifies confusion regarding its CEO X account: MEXCCEO X account has never been officially verified by MEXC, former CEO resigned last year
According to ChainCatcher, MEXC issued a statement on the X platform clarifying the recent confusion regarding the MEXCCEO Twitter account. MEXC stated that in the early stages of its global market development, the MEXC platform did use the Twitter account MEXC_CEO for promotion and brand image maintenance; the former CEO left in July 2022; and the former CEO officially resigned from MEXC in December 2022.
The Twitter account MEXCCEO has never been officially verified by the MEXC platform, and due to its minimal content and followers, MEXC did not issue a specific announcement (which is the root cause of the widespread misunderstanding after the account was deleted). In December 2023, fans reported that the MEXCCEO Twitter account was deleted. Individuals associated with this account have no actual connection with MEXC.
MEXC sincerely apologizes for any confusion caused by this incident. All interactions with the former CEO's tweets have been deleted, and no further explanations will be provided to avoid further misunderstandings. Any significant personnel changes involving official media in the future will be announced. All official accounts on the MEXC platform are verified through the MEXC official verification platform. (Source link)
4. Distributed ledger technology platform Grape completes $35 million financing, LDA Capital participates
According to ChainCatcher, Layer1 distributed ledger technology platform (DLT) Grape has completed $35 million in financing, with global alternative investment group LDA Capital participating.
It is reported that Grape aims to use this investment to strengthen its market position, enhance the usability of GRP, and further advance Grape's innovative product roadmap, which includes the VINE high-speed distributed ledger, the ANNE AI engine for simplifying smart contract and decentralized application ("DApp") development, and a robust decentralized cloud storage system. (Source link)
"What excellent articles are worth reading in the past 24 hours"
1. “Under the MEME Wave, a Review of the Mainstream Public Chain 'Dragon Year Speculation' Concept”
In the Year of the Wood Dragon, the heavenly stem is Jia, the earthly branch is Chen, and the five elements belong to wood. Chen can store water and accumulate soil, containing the vitality of Yi wood, the nourishment of Gui water, and the stability of Wu soil. For those belonging to Wu and Ji, the Year of Chen is a year of wealth, with the Azure Dragon guarding the treasury. An ancient saying goes, "Encounter one treasury, ten years of wealth."
Looking back at the 2022 Spring Festival Gala, Shen Teng repeatedly mentioned "DogKing in the Metaverse" in the sketch "Repay or Not," and shortly after, the cryptocurrency DogeKing surged 5000 times over two nights. As the Lunar New Year of 2024 approaches, the "Dragon" concept Memecoins and inscription projects have emerged on major public chains, whether it’s Silly Dragon on Solana or DINO on Avalanche, the heat remains undiminished.
However, the rise of the "Dragon" concept is not merely influenced by Chinese elements; on the contrary, it originated in the West. During the Halloween period of 2023, Solana co-founder Anatoly Yakovenko appeared in a "Silly Dragon" costume at the Amsterdam Solana Breakpoint 2023 meetup, and shortly thereafter, "Silly Dragon" was launched on Solana. After gaining Anatoly's attention, Silly Dragon's price has surged over 80 times and today surpassed 0.13 USDT, reaching a new historical high.
2. “Gavin Wood: Polkadot 2023 Annual Summary”
As the nights grow longer in the Northern Hemisphere, the Christmas music special from soma.fm reappears on my home radio, and we arrive at the annual moment when I write my annual diary on behalf of Polkadot. With the COVID-19 pandemic largely behind us, becoming a memory, we can see the world returning to normal, along with the resurgence of offline activities. This year, conflict and artificial intelligence have become one of the most prominent themes in the news cycle, while some curious individuals also want to understand how they are changing the world alongside blockchain.
This year is also a special anniversary for me; at this moment, as I write these words, it happens to be ten years since I wrote my first piece of crypto-financial code. So, what has 2023 brought?
3. “Metrics Ventures Research Report: Alex Lab, Unlocking the Huge Potential of Bitcoin DeFi and BRC-20”
Inscriptions have fully ignited the narrative of the Bitcoin ecosystem, but the explosive popularity of inscriptions has also brought issues such as insufficient infrastructure and transaction congestion in the Bitcoin ecosystem back into public view. After inscriptions, the market has begun to explore the infrastructure and functional products of the Bitcoin ecosystem. Due to the limitations of the Bitcoin network itself, smart contract products can only be laid out within scaling solutions.
Alex Lab is a DeFi infrastructure built on Bitcoin's second layer, Stacks, and has launched and is developing a series of functions including Bitcoin oracles, Bitcoin bridges, AMM, order books, staking, Launchpad, etc., constructing a complete DeFi infrastructure suite.
From a competitive landscape perspective, Alex Lab is the absolute leader on Stacks. Compared to other scaling solutions, Stacks is currently the healthiest second-layer scaling solution in terms of ecosystem and data growth, comparable to Rootstock. Sovryn is the leading DeFi protocol on Rootstock, but their current business focuses are not the same.
The Nakamoto upgrade and the issuance of sBTC are expected to launch in the first quarter of 2024. The Nakamoto upgrade will bring comprehensive improvements to Stacks' performance, and sBTC will unlock new opportunities for Bitcoin DeFi. Alex Lab will be the best target for laying out this upgrade.
Considering ALEX's valuation and TVL, ALEX can serve as a leveraged target for laying out the STX ecosystem. ALEX has not yet launched on major CEXs, which presents a certain liquidity discount, and future listings may bring price increases.
