On November 10, the Korean Cryptographic Exchange Upbit issued a notice on restricting the withdrawal of crypto assets to the FTX Exchange. Upbit said that due to the internal conditions of the FTX Exchange, the transaction of withdrawing funds to FTX has been suspended. Due to the nature of virtual assets, once the withdrawal request is completed, it cannot be canceled. If users use FTX Exchange to transfer encrypted assets, it may cause asset losses. As part of investor protection measures, Upbit will restrict users to withdraw funds to FTX Exchange.
On November 8, according to DefiLlama data, SOL on the loan agreement Solend was at $24.464 or faced large amount on chain liquidation of 2.6 million SOLs (about $57 million).
Web3 is like a new component of building blocks, close to money. Don’t forget that Musk is also the founder of Paypal and is very familiar with payment and the logic behind it. Twitter will launch digital currency payment sooner or later.
Why not issue new coins? Dog coin is already a top cryptocurrency. If Twitter issues new coins, the cost of supervision and trading is far less than that of using Doge. In addition, Doge coin has become a synonym of a certain culture.
On November 7, according to Nansen data, the mainstream trading platform saw a large flow of Stablecoin in the last week, with a net inflow of 410 million dollars from Binance, which is the trading platform with the largest net inflow of Stablecoin; FTX has a net outflow of $450 million, which is the trading platform with the largest net inflow of Stablecoin. Up to now, Binance holds about 26.7 billion dollars of Stablecoin reserves, and FTX’s Stablecoin reserves are less than 100 million dollars.
On November 7, FTX tweeted that the platform was OK, and the slow withdrawal was due to the re filling of the hot wallet by FTX, but it was always being handled. In response, Adam Cochran, partner of Cinneamhain Ventures, an encryption investment institution, attached data to Twitter and said that FTX’s supplement to hot wallet funds mostly came from other exchanges and circles and other money wallets, rather than cold wallets. He believes that the exchange should publish a list of its hot and cold wallets, allowing users to check whether they have enough reserves, so as to show better transparency. In addition, some users reported on Twitter that the USDC liquidity in the FTX hot wallet has dropped to less than $1 million for many times. For example, the hot wallet has just been recharged to $60 million, and all of it has been withdrawn by customers within 15 minutes.
On November 5, Foundry Digital, a mining enterprise, launched a Bitcoin mining training plan. The training course is expected to start on November 7. It will help professionals and enthusiasts learn how to set up mining machines and identify and solve common hardware failures. It is reported that the training plan includes “face-to-face courses” conducted by industry participants, which will cover topics such as setting up application specific integrated circuit (ASIC) mining machines. According to the announcement, Foundry Academy will take the lead in training activities on behalf of Foundry Digital. The company also has the largest Bitcoin mine, Foundry USA.
On November 5, according to insiders, OpenSea and Twitter discussed the cooperation on Tweet Tiles, but did not reach an agreement on the terms. Magic Eden became a possible Twitter partner. Previously, Magic Eden surpassed OpenSea as the NFT market with the largest monthly trading volume.
On November 5, Elon Musk sent an article on social media, “Power to the People,” and then Constitution DAO (POEPLE) rose by more than 27% within 5 minutes, and now the price is 0.03259 dollars.
On October 28, the CEO of Binance, CZ, wrote on social media that the interns said that we had remitted 500 million dollars two days ago, probably when I was asked about Elon/Twitter. He added that the wire transfer was completed through the bank rather than the blockchain.
When asked whether blockchain can be integrated with Twitter in some way, CZ said that they now have at least one crypto investor. It was previously reported that on October 26, Bloomberg reported that CZ, the chief executive of Binance, said at the Future Investment Initiative Conference on Tuesday that he would honor his commitment and provide financial support for Musk’s plan to acquire Twitter with $44 billion.
Binance said that it would invest 500 million dollars in support of Musk’s acquisition of Twitter, which is part of its strategy to bring social media and news websites into the Web3 world in May.
When asked whether he would abide by his financial commitment to Musk.
CZ said, I think so.
基於Solana的追跡工具Sonar宣佈將“Sonar Platform”品牌更名為“Sonar Studio”並推出Sonar Studio v 0.3版本，主要包括三個部分：
3、推出和集成Sonar Blockchain API。
Solana生態隱私項目Light Protocol完成450萬美元種子輪融資，Polychain Capital領投，Solana Ventures、Hypersphere、dao5、Asymmetric、Balaji Srinivasan、Algod、The Crypto Dog等參投。 據悉，Light Protocol將很快推出Light V3，並宣稱該版本將在Solana上實現超高效的隱私和通用ZK。
10月19日消息，Aptos社區用戶表示，在參與的測試網激勵活動中，完成了APTOS激勵測試網申請的用戶約可申領300枚APT Token空投、鑄造“APTOS:ZERO testnet NFT”的用戶約可申領150枚APT Token空投。 此外，Aptos基金會為社區成員提供了一次性小額APT Token存款，幫助用戶申領空投。
Aptos的核心技術叫做Block STM -它有那麼點ETH的OP Rollup即視感，只不過他是先樂觀的讓並行的多個線程獨立完成對共亯資料庫的修改，完全忽略可能會有其它的線程存在，如果不涉及衝突，則可以輕鬆的處理超大量的記憶體修改； 如果涉及衝突，則會對單個兌換進行回滾，並待衝突兌換更新完畢後再執行。