ChainCatcher news, according to Bitcoin.com, Notional Labs CEO Jacob Gadikian recently stated that the Terra crash and UST de-pegging were not triggered by founder Do Kwon, but rather stemmed from an anonymous attack.Gadikian stated that the attackers compromised the Terra blockchain, attempting to disrupt UST's $1 peg and profiting through arbitrage. Gadikian also pointed out that during the attack, hundreds of millions of validators were manipulated.Other investigators also agree with Gadikian's viewpoint, noting that during the de-pegging, the chain's transaction volume increased sixfold, thanks to bots. The attack was orchestrated by several addresses, conducting over 70,000 transactions, all of which failed. This led to network congestion, as validators could only keep 5,000 transactions in their memory pool.Although Do Kwon has been extradited to the U.S. for fraud, Gadikian believes that the mastermind behind the attack has yet to be revealed.

ChainCatcher message, Singaporean crypto investment firm QCP Capital stated that after a market washout last week, spot prices have remained in a sideways trend. This Friday will see the expiration of nearly $20 billion in Bitcoin and Ethereum options, accounting for nearly half of Deribit's total open interest.The options expiration may trigger quarter-end volatility sell-offs, especially as spot prices remain stagnant and sellers continue to roll over short positions.If BTC breaks through $100,000, volatility may remain stable; otherwise, altcoins may have a chance to catch up. Currently, BTC's market share is 58%, and attention should be paid to whether funds flow into altcoins to confirm a trend reversal.

ChainCatcher news, according to Deribit data, options for Bitcoin and Ethereum with a notional value of approximately 2.7 billion USD will expire tomorrow (December 20).Among them, the notional value of Bitcoin options reaches 2.07 billion USD, with a put/call ratio of 0.91 and a maximum pain price at 102,000 USD. The notional value of Ethereum options is 635.9 million USD, with a put/call ratio of 0.49 and a maximum pain price at 3,750 USD.

ChainCatcher news, according to The Information, AI search startup Perplexity is raising a new round of funding at a valuation of at least $8 billion. X, Notion, and OpenAI have all made acquisition offers to Perplexity ranging from $150 million to $200 million, and Microsoft has also expressed interest in acquiring the company.

ChainCatcher message, Notion announced that the U.S. government is implementing new restrictions. Starting from September 9, 2024, Notion will stop providing services to users in Russia. Users within Russia will not be able to access the platform, and workspaces associated with billing in Russia will be terminated. Users can still access the service until September 8, after which they will be unable to use it.

ChainCatcher news, Greeks.live macro researcher Adam posted on social media that 18,000 BTC options are expiring, with a Put Call Ratio of 0.67, a maximum pain point of $70,000, and a nominal value of $1.25 billion. 260,000 ETH options are expiring, with a Put Call Ratio of 0.64, a maximum pain point of $3,650, and a nominal value of $1 billion.Adam stated that this week the Bank of Canada and the European Central Bank initiated interest rate cuts, leading to a good performance in the entire venture capital market. The crypto market is now driven by both BTC ETF and ETH ETF, with a clear divergence in macro and news factors, creating a relatively optimistic market atmosphere.Currently, the implied volatility (IV) for major BTC maturities is around 50%, and for major ETH maturities, it is around 55%, both having fallen to reasonable levels. The cross-currency IV spread strategy of selling ETH and buying BTC mentioned last week can now be profitably closed. This month, BTC's market trend is likely to be strongly correlated with the macro news of the Federal Reserve's interest rate cuts, while ETH's movement is mainly influenced by news regarding ETF approvals.

ChainCatcher message, Deribit disclosed on social media that approximately $2.13 billion in cryptocurrency options will expire tomorrow, including:The notional value of BTC options is $1.18 billion, with a put/call ratio of 0.61 and a maximum pain point of $62,500;The notional value of ETH options is $950 million, with a put/call ratio of 0.27 and a maximum pain point of $3,000.

ChainCatcher news reports that, according to official sources, the Web2 efficiency app giant Notion's management team met this week with Andrew Milich and Jason Ginsberg, co-founders of the Web3 collaboration tool platform Skiff. The Skiff team has now been integrated into Notion, becoming part of the latter.Notion's Chief Operating Officer Akshay Kothari stated that Notion attempted to reach out to Skiff at the beginning of its establishment and has been closely monitoring Skiff's development. In fact, Skiff's current office in San Francisco was once an early workspace for the Notion team. Skiff co-founder Andrew Milich mentioned that the visions and values of Notion and the Skiff team are highly aligned, and joining Notion will help Skiff become a better company.It is reported that Notion was launched in 2016, and as of October 2021, Notion was valued at $10.3 billion, with user numbers surpassing 30 million in 2022 and paid users exceeding 4 million. It has long been featured on the App Store's recommended apps list and holds the top position in the productivity app category.According to the crypto data platform RootData, the Web3 collaborative application Skiff completed a $10.5 million Series A funding round in March 2022, led by Sequoia Capital, with other specific funding details not disclosed. The funds from this round are planned to be used to enrich its product features, allowing users to share a wider variety of data on its platform.

ChainCatcher news, the fixed-rate lending protocol Notional announced the launch of Notional V3 on Arbitrum, supporting fixed-rate lending, floating-rate lending, and leveraged yield strategies. Notional V3 allows users to borrow or lend USDC, DAI, USDT, FRAX, ETH, wstETH, rETH, cbETH, and wBTC at fixed or floating rates, as well as earn leveraged yields on USDC, DAI, USDT, FRAX, ETH, wstETH, rETH, cbETH, and wBTC.Notional V3 is expected to support LINK, UNI, LDO, and other assets as collateral later this month.

ChainCatcher news, the fixed-rate lending protocol Notional Finance will launch its V3 Beta version on Arbitrum on November 6, and will provide liquidity providers with 2 million NOTE incentives.The V3 version will add support for cbETH, ARB, RDNT, and GMX as collateral. After the V3 version goes live, more leveraged vaults using Balancer and Aura will be added.

ChainCatcher news, the decentralized lending protocol Notional has announced that its V3 Beta version and yield competition are now live. Currently, only addresses holding the Notional V3 Beta Pass NFT can participate. Notional V3 introduces four new features, including new leveraged yield strategies, floating rate lending, improved lending user experience, and a brand new user interface. Leveraged lending allows users to arbitrage between Notional rates and fixed rates using leverage. Leveraged liquidity enables users to maximize $NOTE rewards by utilizing the provided liquidity.

Chain Catcher news, the fixed-rate lending protocol Notional has launched a new product "Leveraged Vaults," allowing users to borrow cash from Notional at a fixed rate and deposit it into whitelisted smart contracts to execute specific yield strategies. All assets in the smart contract serve as liquidatable collateral for their debt, enabling users to gain high-leverage risk exposure. If the strategy returns exceed the borrowing rate, using leveraged vaults will be highly profitable.Leveraged vaults enhance users' capital efficiency without forcing lenders to assume any form of credit or unsecured risk. Lenders are protected by the same time-tested principles of over-collateralization and liquidation. If the value of the assets in the smart contract falls below the minimum threshold, users can be liquidated and repay their debts. (Source link)