Headlines
ZachXBT: Indian crypto exchange WazirX may have been hacked, with losses exceeding $230 million
According to a post by ZachXBT, an on-chain detective, the Indian crypto exchange WazirX may have been hacked, with losses exceeding $230 million. The main theft address is 0x04b21735E93Fa3f8df70e2Da89e6922616891a88. Currently, the attacker still holds more than $100 million worth of SHIB and more than $4.7 million worth of FLOKI for sale.
Hong Kong Monetary Authority announces list of participants in stablecoin issuer sandbox
The Hong Kong Monetary Authority announced the list of participants in the stablecoin issuer sandbox. The following institutions will participate in the sandbox, effective today: JD CoinChain Technology (Hong Kong) Co., Ltd., Yuancoin Innovation Technology Co., Ltd., Standard Chartered Bank (Hong Kong) Limited, Anmi Group Limited, Hong Kong Telecommunications (HKT) Limited.
During the evaluation process, the above-mentioned institutions demonstrated their genuine intention and reasonable plans to develop stablecoin issuance business in Hong Kong, and will carry out the proposed operations in a risk-controlled manner under the sandbox.
Statistics: WazirX stolen assets include 5.43 trillion SHIB, 15,298 ETH, and 20.5 million MATIC
According to Lookonchain monitoring, WazirX has about $230 million in assets stolen, including:
5.43 trillion SHIB ($102 million);
15,298 ETH ($52.5 million);
20.5 million MATIC ($11.24 million);
640.27 billion PEPE ($7.6 million);
5.79 million USDT;
135 million GALA (US$3.5 million).
US election
Polymarket data shows that Bidens probability of withdrawing from the election has risen to 86%, while the probability of winning has dropped to 4%, lower than Vice President Harris 23%.
White House official: Biden is ready to re-enter the campaign next week
As Biden faces growing calls from prominent Democrats to drop out of the race, a member of his inner circle has flatly denied reports that the president is now more open to ending his campaign and said Biden is ready to re-enter the campaign next week. Anyone who has spoken to Biden in the last 24 hours can tell you thats not true, a senior White House official reportedly said. The official said nothing has changed about Bidens candidacy and campaign, except that a confirmed COVID-19 infection yesterday has kept him home. The senior official expressed anger and frustration at the criticism Biden has received from his fellow Democrats. He acknowledged that calls for Biden to drop out have already taken a toll and could cause a further slide in the polls.
Obama expresses concern about Bidens re-election prospects and suggests re-evaluating candidacy
According to multiple people familiar with the former US President Barack Obamas thinking, Obama has told allies in recent days that President Bidens chances of victory have greatly diminished and that he believes the president needs to seriously consider his viability as a candidate. It is reported that Obama has only spoken to Biden once since the debate some time ago, and he emphasized that he is concerned about protecting Biden and his political legacy and refuted the view that he alone can influence Bidens decision-making process.
ETF Progress
Grayscales SEC filings published on social media show that its Mini Ethereum ETF has a fee of only 0.15%, making it the lowest-fee Ethereum spot ETF. In addition, Grayscale has also reduced the fee of the ETF to 0% for the first 6 months.
Bloomberg Terminal has added some Ethereum ETFs in preparation for trading next week
Bloomberg analyst James Seyffart wrote on X that some Ethereum ETF information has been added to the Bloomberg terminal. These include ETHW from Bitwise, CETH from 21 Shares, and FETH from Fidelity. Other funds are likely to be added tomorrow and Monday, and trading is still scheduled to start next week.
Investment and Financing
The Information quoted people familiar with the matter as saying that cryptocurrency trading company Wintermute Trading is currently negotiating its new round of financing. The company is discussing the sale of $100 million in stock and issuing new shares for this purpose, but the specific amount is unknown. The negotiations are ongoing and the details have not yet been finalized.
Crypto investment platform Truvius announced the completion of a $3.2 million Pre-Seed round of financing, led by Galaxy Ventures, with participation from New Form Capital, Chainview Capital and undisclosed angel investors. It is reported that Truvius is a cryptocurrency investment platform for individual and institutional investors, mainly providing independent indexes for the cryptocurrency industry and scale. The platform cooperates with Anchorage Digital, the only federally chartered crypto bank in the United States, to provide custody and trading services to its customers.
Blockchain data provider Allium Labs announced the completion of a $16.5 million Series A financing round led by Theory Ventures, with participation from Kleiner Perkins and Amplify Partners. As of now, its total financing amount has reached $21.5 million. The new funds are intended to be used to strengthen data infrastructure and listing plans to provide services that enable financial institutions to accept digital assets.
Liquidium, an Ordinals lending platform on the Bitcoin chain, officially announced on the X platform that it has completed a $2.75 million seed round of financing, with participation from @Wise 3 Ventures, @PortalVentures, @goasymmetric, @cmsholdings, @Newmancapitalvc, @NGC_Ventures, @DeGodsNFT, AGE Fund, VidenVC, and many angel investors including CryptoSlate CEO Nate Whitehill, NFT giant Dingaling, Rugradio owner Threadguy, Gm Capital founder Beanie, Taproot Wizards owner Far, Asymmetric founder Dan Held, Degods founder Frank, and Wumbo Labs founder Crrius.
OKX Ventures announces strategic investment in zkLink
OKX Ventures announced the completion of a strategic investment in zkLink. zkLink Nova created by zkLink is a multi-chain aggregation Layer 3 network based on zero-knowledge proof technology. It uses zkLinks self-developed multi-chain ZK-Rollup architecture to aggregate the fragmented liquidity of multiple first-layer blockchains and second-layer Rollup networks, providing developers with a unified access portal.
Since 2021, zkLink has developed into an aggregated infrastructure for assets, liquidity, and applications across Layer 1 and Ethereum Layer 2, providing two core solutions, zkLink Nova and zkLink X, both of which use zero-knowledge proof (ZKP) technology to provide developers with a general smart contract platform and customized high-performance dedicated solutions. The latest data on the official website shows that the general aggregated three-layer zkLink Nova mainnet has more than 1 million independent wallet addresses, and the total amount of locked funds on the chain TVL has reached US$1 billion in two months.
Project News
Sanctum has officially opened airdrop applications
Sanctum has officially opened airdrop applications, and eligible users can claim them through the Jupiter LFG page.
Sanctum airdrop adopts a dynamic amount mechanism. Depending on the time of claiming, the amount of tokens that users can obtain will also vary. Immediate claiming means that users will give up the remaining share. If you want to receive 100% of the share, Capital users need to wait 14 days; Earnestness users need to wait 180 days.
Chainlink Launches Digital Asset Sandbox
Chainlink, the token asset economy infrastructure, announced the launch of Chainlink Digital Assets Sandbox (DAS), a turnkey solution to accelerate innovation in capital markets. The new sandbox enables financial institutions to conduct tokenization experiments and collaborative PoCs in days instead of months.
It is reported that financial institutions can also seamlessly access existing digital asset business processes through Chainlink DAS, and use Chainlink DAS to try to tokenize bonds in a sandbox environment. Through this platform, experiments with other real-world digital asset use cases can also be carried out, covering the entire life cycle of various financial instruments. Sandbox users will also receive technical support and consulting services from Chainlink Labs.
Animoca Brands announced on the X platform that it will work with Standard Chartered Hong Kong and Hong Kong Telecommunications (HKT) Limited to participate in the Hong Kong Stablecoin Issuer Sandbox to explore how stablecoins can play a key role in promoting the development of financial and payment markets and support Hong Kongs transformation into a global digital asset center.
