headlines
U.S. House of Representatives votes to pass debt ceiling bill
Odaily News On May 31 local time, the US House of Representatives voted to pass the debt ceiling bill. The bill, brokered by President Joe Biden and House Speaker McCarthy, aims to raise the U.S. $31.4 trillion debt ceiling and cut federal spending. The House of Representatives Rules Committee voted 7 to 6 on the evening of the 30th to approve the bill to enter the full house for debate. After passing the House of Representatives, the bill will be sent to the Senate for a vote, which is expected to be completed by June 5. Previously, the U.S. Treasury Department had said the U.S. could default on the contract as early as June 5 if Congress did not act.
Odaily News Today, there are rumors in the community that Gate has difficulty withdrawing coins. In this regard, Gate issued an announcement saying: Some rumors and false information about Gate.io are circulating on the Internet. The operation is normal, the coin withdrawal is smooth, and there are no rumors about the operation and coin withdrawal problems. Please do not believe the rumors, and do not be misled by people with ulterior motives, so as not to be deceived. Gate.io reminds users: Gate.io will not actively contact users through phone calls, text messages, emails, etc.
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U.S. fed funds futures now bet on a one-in-three chance of a Fed rate hike in June
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Industry news
Binance responds to layoffs: reassess whether key positions have suitable talents
Odaily News Today, Binance responded to Odaily on the mass layoffs and stated that there are still hundreds of vacancies including certain products and business units. Binance responds to layoffs:
Over the past 6 years, Binance has grown from 30 employees to a team of nearly 8,000 employees worldwide. As a business grows, we need to focus on talent density at every level within the organization to ensure we remain agile and dynamic. It's not a matter of resizing the organization, but of reassessing whether we have the right people in key positions and whether we have enough expertise. We will therefore still have hundreds of open positions, including in certain products and business units, to ensure that our resources are properly allocated to meet the changing needs of our users and regulators.
The offshore RMB stablecoin CNHC issuance team is under investigation by the judicial department, not for cryptocurrency-related business
Odaily News CNHC Group (now renamed Trust Reserve), the offshore RMB stablecoin CNHC issuance team, has been suspected to have lost contact since May 29. The Justice Department has launched an investigation into the team, multiple people familiar with the matter said.
As previously reported, in mid-March this year, CNHC Group, the issuer of the stablecoin CNHC, completed a $10 million A+ round of financing, led by KuCoin Ventures, with participation from Circle and IDG Capital.
EU Officially Signs New Cryptocurrency License MiCA
EU Officially Signs New Cryptocurrency License MiCA
Odaily News The European Union formally signed its landmark Market in Crypto Assets (MiCA) regulation on Wednesday, signed by European Parliament President Roberta Metsola and Swedish Rural Affairs Minister Peter Kullgren, along with a separate anti-money laundering law requiring crypto to provide The merchant verifies the identity of its customers when transferring funds.
Chief Executive of the Hong Kong Securities Regulatory Commission: The Guidelines for Virtual Asset Trading Platforms Take the Protection of Investors as the First Consideration
Odaily News Hong Kong Securities and Futures Commission Chief Executive Leung Fung Yee said on the 30th that when the Hong Kong Securities Regulatory Commission formulates guidelines for operators of virtual asset trading platforms, how to protect investors is a top priority.
Binance to delist 12 privacy coins in France, Italy, Spain and Poland
security incident
security incident
The unshETH vault of the LSD project is suspected of having a security problem, and the contract authority has been transferred
Odaily News According to a number of KOL tweets, the vault of the LSDFi project unshETH has a security problem, reminding users to transfer funds out. The reason is that the contract owner has been tampered with. The project official has been notified, but the official has not yet responded.
unshETH Response: The private key of the contract deployer was leaked, ETH withdrawals have been suspended and the hacker has been contacted to return the funds
In addition, some ancillary agreement contracts (liquidity mining pools, cross-chain bridges, etc.) have been attacked. We are working with white hat security experts from Coinbase, Stargate, Paladin Blockchain Security, Github, and ogle to ensure the safety of user funds, and expect The area of influence will be contained. We have contacted the hacker in an attempt to negotiate a return of funds and contract ownership to limit the impact on existing users. "
Multichain: Currently unable to contact the CEO to obtain the necessary server access, the affected cross-chain services will be suspended
Odaily News The cross-chain routing protocol Multichain tweeted: "Due to unforeseen circumstances, there have been multiple problems with the Multichain protocol. The team has done everything possible to maintain the operation of the protocol, but we are currently unable to contact CEO Zhaojun and obtain the necessary server access permissions for maintenance.
Project News
Project News
Unisat has officially launched domain name transactions, supporting .sat and .unisat domain names
Unisat has officially launched domain name transactions, supporting .sat and .unisat domain names
Data: The wallet holding 83.54% of the total supply of WFAI has been blacklisted by the project party
Odaily news The contract deployer of the Meme coin project Waifu AI World (WFAI) has blacklisted the first 4 addresses that purchased WFAI, including the 11 addresses they transferred to these addresses, totaling 649 trillion WFAI, accounting for the total supply 83.54% of . In addition, DWF Labs spent about 20 ETH to purchase 624.9 billion WFAI yesterday afternoon.
Avalanche surpasses 1 million monthly active users, an all-time high
Pi Network will launch a social media platform, Fireside Forum, to support token rewards
Investment and Financing
Investment and Financing
Web3 Wallet Magic Completes $52M Funding Led by PayPal Ventures
To date, Magic has generated over 20 million unique wallets and its SDK is used by over 130,000 developers.
To date, Magic has generated over 20 million unique wallets and its SDK is used by over 130,000 developers.
Magic is a wallet-as-a-service provider that helps businesses onboard users to web3 through instant non-custodial wallet creation. It uses email or social logins while removing the need for seed phrases and browser extensions - making it indistinguishable from the standard web2 experience everyday users are used to.
Anoma FoundatMagic is a wallet-as-a-service provider that helps businesses onboard users to web3 through instant non-custodial wallet creation. It uses email or social logins while removing the need for seed phrases and browser extensions - making it indistinguishable from the standard web2 experience everyday users are used to.
Odaily News Anoma Foundation, an encrypted currency infrastructure company, completed a financing of US$25 million, led by CMCC Global. Other investors in the round included Electric Capital, Delphi Digital, Dialectic, KR 1, Spartan, NGC, MH Ventures, Bixin Ventures, No Limit, Plassa, Perridon Ventures, Anagram, and Factor, among others. Anoma Foundation raised $26 million in November 2021 in a funding round led by Polychain Capital.
The Anoma Foundation currently manages Namada, a blockchain focused on multi-chain privacy, and Anoma, a privacy-preserving protocol. (CoinDesk)
MAP Protocol Forms $10M Ecological Fund With Waterdrip Capital, Arcane
Odaily News MAP Protocol, a full-chain interoperable infrastructure, announced the establishment of a US$10 million ecological fund with Waterdrip Capital and Arcane Group.
Gate Labs announced that it has made a strategic investment in PoseiSwap
It is reported that PoseiSwap is the first DEX on the Nautilus Chain. It not only provides services such as token transactions, liquidity provision services, liquidity mining, and pledge, but also supports related transaction services for NFT assets, and will have privacy compliance features . In the future, PoseiSwap also plans to expand the scope of DeFi's influence from Web3 to the real world, and achieve this goal by integrating blockchain technology into the traditional financial system. At present, the DEX has received two rounds of financing, and investors include Zebec Labs, Gate Labs, Emurgo Ventures, Republic, and Cipholio Ventures.
It is reported that Fusionist has successfully launched three NFT series, is currently undergoing beta testing on Steam, and will initially launch its games on the BNB Chain.
Fusionist will use the new funding to continue accelerating game development and building out the Endurance mainnet ecosystem launching in January 2023. In addition, Fusionist also plans to strengthen user growth and recruit more gaming and Web3 professionals to expand the team.
It is reported that Fusionist has successfully launched three NFT series, is currently undergoing beta testing on Steam, and will initially launch its games on the BNB Chain.
Web3 distribution platform MetaZone closes $3M funding led by Sfermion and CMT Digital
Odaily News Web3 digital content and application distribution platform MetaZone announced the completion of a US$3 million seed round of financing, led by Sfermion and CMT Digital, Tess Ventures, IOSG Ventures, IVC (Infinity Ventures Crypto), Polygon Studios, MHC Digital and LucidBlue Ventures participated in the investment.
It is reported that MetaZone allows creators and developers to cast NFT 3D digital content and distribute it in the Metaverse. Each creator's META (metaverse-backed tokenized application) is assigned an NFT representing its value, ownership, and access rights. These NFTs can be purchased and used to install applications on digital land for use by owners and visitors of that land.
