Planet Daily | Amazon launched a managed blockchain service; Eralend said it had discovered suspicious CEX accounts related to hackers (July 28)


Headlines

Amazon launches managed blockchain service

Odaily Planet Daily News Amazon launched Managed Blockchain Service (AMB), allowing users to use its blockchain infrastructure to build applications faster, expanding the availability of access and query functions. AMB provides call nodes, and developers can interact with digital assets and DApps on multiple chains through RPC without the need for specialized infrastructure. (CoinDesk)

EraLend: Suspicious CEX accounts related to hackers have been found

Odaily Planet Daily News EraLend tweeted to announce part of the progress of the hacker attack. Suspicious CEX accounts related to the hacker have been found and relevant information has been provided to the police. In order to track the attacker’s real IP location, a formal report has been submitted to the VPN provider. Investigate requests.

Industry news

13 Web3 companies including Flipside and Alchemy jointly launched a unified encrypted data platform "LiveQuery"

Odaily Planet Daily News data provider Flipside and blockchain development platforms QuickNode, Alchemy, Helius, Footprint, Playgrounds, StrangeLove, DappLooker, Credmark, Blockpour, BitQuery, SubQuery and Chainbase jointly launched a unified encrypted data platform "LiveQuery", which supports real-time Query on-chain and off-chain data APIs and use them in parallel with SQL. Analysts no longer need to switch between platforms to manually collect data from different sources. Additionally, they can now combine datasets in a single query, unlocking new use cases. In addition, in addition to encrypted data, the platform will also expand into other fields, including stock, sports, Federal Reserve and artificial intelligence data. Flipside is accepting API requests, which means any API can be added to LiveQuery's marketplace for easy access. Any API can be queried programmatically within the platform. (PR Newswire)

US Presidential Candidate Robert Kennedy Jr. Confirms Recently Purchased 14 Bitcoins

Odaily Planet Daily News US Democratic presidential candidate Robert F. Kennedy Jr. (Robert F. Kennedy Jr.) confirmed on Twitter Spaces on Wednesday that he does hold Bitcoin. Kennedy said: "After the Bitcoin conference, I decided to take action and bought two bitcoins for each of my seven children." Based on the price of 29,500 US dollars, the current value of these 14 bitcoins is close to 414,000 Dollar. At this year's Miami Bitcoin Conference, which took place from May 18 to May 20, Kennedy expressed his support for Bitcoin. He went a step further last week by promising to exempt bitcoin from capital gains taxes if he wins the presidency and begin backing the dollar with hard assets like bitcoin. (CoinDesk)

South Korea’s virtual asset crime joint investigation team investigates Delio, Haru Invest and WeMade-related crypto fraud allegations

Odaily Planet Daily News South Korea’s virtual asset crime joint investigation team has launched an investigation into three cryptocurrency-related fraud allegations, including Delio and Haru Invest’s executives’ alleged fraud, Pica’s issuer Pica Project’s executives’ alleged fraud, and Wemix’s issuer WeMade’s alleged fraud. Executives are suspected of fraud. It is reported that the joint investigation team plans to deal with the current case quickly. (Hankyung)

RWA Firm Securitize to Issue Tokenized Equity in Real Estate Trusts

Odaily Planet Daily News RWA company Securitize will issue Spanish real estate trust Mancipi Partners tokenized equity on Avalanche, and start secondary trading in September. A month ago, the Spanish Ministry of Finance approved the company to issue equity in digital assets to a small number of businesses and investors under regulated “sandbox” conditions. After passing regulatory tests, Securitize can issue, manage and trade tokenized securities more broadly. (The Block)

Project Highlights

Sui: MovEx violated the lock-up agreement, has terminated the partnership, and will not distribute SUI tokens in the future

Odaily Planet Daily News Sui issued an article stating that MovEx received contract-locked SUI tokens as compensation for the work of DeepBook, but MovEx violated the contract lock and initiated a transaction to the wallet. MovEx did not notify the Sui Foundation of these transactions, nor did the Sui Foundation agree to them in any way. At the request of the Sui Foundation, MovEx returned the tokens to the primary receiving address, and then transferred the tokens to a qualified custodian to enforce contract lock restrictions. Due to MovEx's breach of contract, the Sui Foundation has terminated its partnership with the MovEx team, and will not distribute any batch of SUI tokens to MovEx in the future, and MovEx will not continue to be one of the main contributors to the DeepBook smart contract. Currently, all other contract-locked tokens are held in qualified escrow accounts that agree to enforce the terms of such locks.

Sui Testnet Now Supports Liquidity Staking

Odaily Planet Daily News Sui’s official website posted that the Sui testnet now supports liquidity staking, and this feature will be added to the mainnet in the next upgrade after all compatibility tests are completed. Sui said that this upgrade was completed through SIP 6. Before that, the pledgers of the Sui network would receive an encapsulated asset representing their rights and interests after completing the pledge, but this asset cannot be circulated, so this means that this part of the pledged token Virtually removed from circulation. After the upgrade, the encapsulated token will be able to be freely transferred and traded, which means that developers will be able to provide liquidity staking services and create more DeFi applications based on this.

Gitcoin Passport Integrates with Galxe Community Events Platform to Boost Anti-Bot and Sybil Capabilities

Odaily Planet Daily News Gitcoin Passport tweeted that it has completed integration with Galxe’s community activity platform, aiming to enhance anti-robot and witch capabilities. In this regard, Gitcoin Passport launched AntiSybilAssembly NFT, and different NFTs can be obtained according to the unique humanity score on July 31.

MakerDAO is increasing the size of DAI by raising interest rates

Odaily Planet Daily News MakerDAO passed a governance proposal to enhance the DAI interest rate (DSR) this Thursday, and plans to temporarily increase the DSR to 8%, aiming to attract more users. The issuance of DAI has shrunk from 6.9 billion a year ago to the current 4.6 billion, while the stablecoin market size has dropped from $160 billion to $127 billion. Last week's agreement raised the DSR to 3.49% to lure users away from competitors. (CoinDesk)

Star Atlas CEO: The company will focus on making low-cost game projects, and plans to launch a new version of the Sage online browser within three weeks

Odaily Planet Daily News Michael Wagner, CEO of Solana-based chain game Star Atlas, outlined the company's new vision in the community, including focusing on game projects with lower production costs. He said he hopes to launch a new version of Sage's online browser game in about three weeks. Wagner hopes to reverse the fortunes of Star Atlas through the launch of Sage and mobile games. Wagner said: "To me, this mobile app is a great opportunity to expand the user base; from the company's perspective, it actually provides an opportunity to generate income from a new asset class." (The Block)

Investment and Financing

Aethir completes pre-A round of financing with a valuation of US$150 million, led by Sanctor Capital, Hashkey and others

Odaily Planet Daily News Aethir, a leader in decentralized GPU infrastructure, announced the completion of the Pre-A round of financing, with a total financing of more than $9 million and a company valuation of $150 million. It is reported that this round of financing is another round of financing after the seed round of financing led by Framework Ventures and Infinity Ventures Crypto. This round was led by Sanctor Capital, Hashkey, Merit Circle and CitizenX, Mirana Ventures, Animoca Brands, Momentum 6. Big Brain Holdings, Builder Capital, Tess Ventures, Maelstrom (Arthur Hayes) and others participated in the investment. The new funds will be used for global business expansion in key markets such as Southeast Asia, Latin America and North America, as well as strengthening support for technology research and development and application innovation. It is reported that Aethir is a pioneer company of elastically scalable decentralized cloud infrastructure (DCI) with global coverage, aiming to solve the challenges faced by the cloud industry by providing scalable and secure cloud services to meet global gaming and artificial intelligence company needs.

Animoca Brands Invests $30M in Web3 Payment App and Protocol hi

Odaily Planet Daily News Animoca Brands announced a $30 million investment in the encrypted payment application hi. Additionally, hi has entered into a partnership with Animoca Brands to help its portfolio companies and the entire Web3 ecosystem bring utility to NFTs. According to co-founder Sean Rach, hi plans to use the funds to scale its application and prepare for the mainnet launch of the ethereum virtual machine (EVM)-compatible hi protocol. Hi is reportedly working on implementing Proof of Human Identity (POHI) into its KYC process, but the process does not involve iris scanning. Hi said the company currently has 3.5 million users and 1 million KYC users, and plans to increase this number by implementing POHI. (CoinDesk)

EthStorage, the Ethereum dynamic storage expansion project, completed a financing of US$7 million at a valuation of US$100 million, led by dao 5

Odaily Planet Daily News EthStorage, the Ethereum two-layer network data storage solution project, completed a seed round of financing of 7 million US dollars at a valuation of 100 million US dollars. This round of financing was led by dao 5, with SevenX Ventures, Foresight Venture, DragonRoark, Cloud Nine Capital, Avant Blockchain Capital, Future Money Group, Gate Ventures, Vitalbridge, Galxe, GeekCartel, Rebase D. Ventures, W 3. Hitchhiker and other angels Investors etc. participated in the investment. EthStorage is a second-tier solution that provides programmable dynamic data storage based on Ethereum data availability technology. The team has received funding from the Ethereum Foundation Ecosystem Support Program (ESP) twice, for data availability sampling respectively. Research and Proof of Dynamic Data Storage in Layer 2 Networks. EthStorage also won the first place in the Super Demo event of the Community Ethereum Development Conference (EDCON) held in Montenegro in 2023. All financing funds will be used to expand the team, support research, develop products, enhance the brand, and attract more ecosystem partners to use EthStorage.

Passage Closes $6M Funding Led by Akash Network

Odaily Planet Daily News Passage tweeted that it completed a financing of 6 million US dollars, led by Akash Network, and participated by Druid Ventures, Vitwit, Cosmostation, Hyperchain Capital, Chorus One, and Cogitent Ventures. Passage will use the funding to further develop its social tools, build enterprise solutions and AI integrations.

The Animal Age, a pet-raising metaverse project, completed a seed round of financing led by Spark Digital Capital

Odaily Planet Daily News The Animal Age, a pet-raising metaverse project, recently completed a seed round of financing. This round of financing was led by Spark Digital Capital, with participation from Angelist, Alumni Venture, Kraken, Vega Venture, Celo Stellar, and Founders fund. The investment amount has not been disclosed yet. This round of financing will be used for product development, community building and expanding its global team. It is reported that The Animal Age relies on the world's largest cat charity rescue organization "Cats Are Crazy Club", and is committed to creating a new pet raising experience scene through blockchain technology, games, NFT and metaverse. The first of The Animal Age The first product is a cat-themed pet raising game. At present, its Cat Crazy Club Facebook fan group has exceeded 1.1 million users. The company revealed that it will announce some "large partnerships" on July 28, and launch a "Cat Slave Development Program" for the community on July 30. During the period, it will send Genesis cat NFT, rare props, etc.; its cat development games will also be launched in the next few weeks.

Global Policy

House Financial Services Committee Approves Financial Innovation and Technology for the 21st Century Act

Odaily Planet Daily News On Wednesday, an important panel in the U.S. House of Representatives approved legislation supported by cryptocurrency advocates, the 21st Century Financial Innovation and Technology Act, which aims to create clearer rules for the emerging industry. The US House of Representatives Financial Services Committee approved the Republican-led bill in a 35-15 vote. The legislation would establish rules for when cryptocurrency companies must register with the SEC or CFTC. It provides a process for digital asset issuers to certify to the SEC that a blockchain network is sufficiently decentralized, which would allow the associated token to be classified as a commodity regulated by the CFTC. The bill also calls for the two agencies to participate in joint rulemaking and requires research on issues including NFTs and DeFi. Additionally, the bill states that a digital asset is not a security per se, since it is sold as part of an investment contract. The next step in the bill, which will go to the House Agriculture Committee for review, includes $120 million in additional funding for the CFTC. Under the bill, the CFTC would gain new powers to regulate the asset class. It is worth mentioning that the bill will face a lot of resistance in the Democratic-led Senate, given that Ohio Banking Chairman Sherrod Brown has been skeptical of the encryption industry. (Bloomberg)

U.S. Representative Tom Emmer: The House Financial Services Committee passed the "Blockchain Regulatory Determination Act"

Odaily Planet Daily News US Representative Tom Emmer tweeted that his Blockchain Regulatory Certainty Act (BRCA) was passed by the House Financial Services Committee. It is reported that the bill codified in law key Treasury Department guidelines enacted under the Obama administration, re-enacted under the Trump administration, and still followed by the Biden administration, clarifying that non-custodial blockchain development never trusts consumer funds. Personnel and service providers (miners, validators, wallet providers) do not have to register as Money Transmitters and are not subject to the same level of regulation as custodial cryptocurrency exchanges. According to Emmer, BRCA provides regulatory certainty in the digital asset ecosystem to maintain innovation in the United States so that the future digital economy reflects American values.

The Korean Federation of Banks has formulated the "Guidelines for the Operation of Virtual Asset Real-Name Accounts": the transaction requires a reserve of at least 3 billion won

Odaily Planet Daily News The Korean Federation of Banks negotiated with financial authorities and virtual asset exchanges to formulate the "Guidelines for the Operation of Virtual Asset Real-Name Accounts", which aims to strengthen the protection of virtual asset users and prevent money laundering and other activities. Among them, the bank requires the virtual asset exchange to fulfill its liability for damages to users (hacking, computer failure, etc.), and reserves no less than 3 billion won in reserves. In addition, the bank plans to implement enhanced customer authentication procedures for real-name account users every year, including measures such as the need for additional authentication when receiving and transferring money and restricting money and transfers when they have not been used for a long time; it plans to divide user accounts into limited accounts and normal accounts, and limit Its deposit and withdrawal limits have also established anti-money laundering standards and procedures related to real-name authentication. In order to implement the protection measures for users of virtual asset exchanges as soon as possible, the accumulation of reserves will be implemented from the beginning of September. In addition, the preparation of work procedures and the establishment of computer systems will be implemented successively before March next year. (News 1)

Israel Creates Special Review Team to Explore DAO Regulatory Laws

Odaily Planet Daily News Israel set up a special review team to explore DAO regulatory laws, and the public can give feedback and solicit opinions before September 3. The scope of the review includes organizational status, taxation and other aspects to increase legal certainty, reduce the risk of DAO activities, and enhance Israel's economic potential. (CoinDesk)

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Paradigm Releases Stablecoin Report, Urges Congress to Legislate to Reduce Risk and Promote Stablecoin Development

Odaily Planet Daily News Paradigm released a stablecoin report. The report pointed out that stablecoin will be an opportunity to effectively expand the payment system, but the recent policy view will include it in the banking and securities framework for supervision, which will be a retrogression. Congress should address user risks of dollar-pegged stablecoins, promote growth and competitiveness, and encourage responsible stable capital innovation.

Consensys releases ETHCC and ETHGlobal Paris five key points about the future of Web3

Odaily Planet Daily News Consensys released ETHCC and ETHGlobal Paris five key points about the future of Web3, including the following: L2 will continue to expand Ethereum as a key infrastructure, social media is maturing, abstract accounts will drive the next round of large-scale user growth, The focus of development will shift from infrastructure to applications, interoperability is critical and protocols must be compatible with each other.