Blocknative lays off 33% of staff after suspending relay business
According to CoinDesk, Matt Cutler, CEO of Blocknative, a provider of Ethereum blockchain trading tools, said that after deciding to suspend MEV-Boost relay-related services, the company recently reorganized and will lay off more than 33% of its employees. Blocknative will continue to develop other core services in the future. The products listed on the company's website include memory pool browsers, transaction simulations, Ethereum GAS estimators, and Polygon estimators.
Ripple CFO Kristina Campbell has left the company
According to The Block, Ripple CFO Kristina Campbellâs LinkedIn profile shows that she no longer works at Ripple, but has served as CFO of digital healthcare provider Maven Clinic since this month.
Alameda's former co-founder said he left because he was concerned about SBF's character and manipulation. SBF required employees to work 18 hours a day.
According to DL News, Michael Lewis, author of The Big Short, revealed in his new book Going Infinite that Tara Mac Aulay, who founded the hedge fund Alameda with FTX founder Sam Bankman-Fried (SBF) in 2017 and resigned with other members of the management team in April 2018, said that her decision to resign was partly due to "concerns about risk management and business ethics" and the disappearance of tens of millions of dollars in FTX's hedge fund department. Lewis said in the book that Aulay had long identified SBF as dishonest and manipulative.
Fireblocks and others launch aid fund for Israeli citizens affected by war
Israelâs crypto and web3 community announced that it has formed Crypto Aid Israel to raise funds for Israeli citizens displaced by the war with Hamas and in need of humanitarian aid. So far, the allianceâs members include Fireblocks as well as MarketAcross, Collider Ventures, CryptoJungle, and the Israel Blockchain Association.
A $20 million lending pool on the DeFi protocol Goldfinch has problems, and about $7 million of positions will be written down to zero
According to the governance forum page, a $20 million lending pool on the decentralized lending protocol Goldfinch has problems, and about $7 million in funds are at risk of loss. The lending pool provided a four-year loan of 20 million USDC to the fintech credit fund Stratos in February 2022, secured at an annual interest rate of 11%, and Warbler Labs was the underwriter. Stratos used $20 million in three places: $13 million for Threecolts, $5 million for REZI, and $2 million for POKT. It is believed that Threecolts performed strongly, but the REZI and POKT positions will be written down to $0.
Coinbase Director: Alameda Research has minted 39.55 billion USDT, accounting for about 47% of the current Tether supply
Conor Grogan, head of product at Coinbase, posted on the X platform that on-chain data shows that Alameda Research is responsible for minting 39.55 billion USDT, which accounts for 47% of Tether's circulating supply today. According to SBF data, the number of USDT minted is higher than the asset management scale of Alameda Research at its peak. "Part of the reason is that Tether seems to be coordinating off-chain destruction. They don't have a deposit address, but just send the funds directly to the treasury department. If we assume that all USDT redemptions from FTX are from Alameda, then they redeemed $3.9 billion in USDT (most of which were in 2 days during the Luna implosion in May)."
In response to the unlocking of 100 million DOTs on October 23, the Polkadot community proposed adjusting the ideal staking rate to incentivize staking
According to PolkaWorld, on October 23, about 100 million DOTs locked in Polkadot's first Crowdloan will be unlocked. In response to this unlocking, and in order to better adapt to the future of Polkadot 2.0, the community launched the 166th governance referendum, proposing to slightly increase the ideal staking rate of the Polkadot network, from 52.5% to 60%, so that the network can accommodate the newly entered DOT staking system after unlocking without reducing the staking rewards. This proposal has been accelerated by the Fellowship and entered the public voting stage, with a current approval rate of 99.4%. If the vote is passed, it is expected that the adjustment will be implemented two days before the unlocking date.
Zhang Yimou's "Danghong Qitian" completed a C round of financing of hundreds of millions of yuan, becoming a landmark project of the "China Vision Valley" metaverse
According to China Fund News, Beijing Danghong Qitian International Culture and Technology Development Group Co., Ltd. (Danghong Qitian) recently completed a C round of financing worth hundreds of millions of yuan, with joint investment from China Control Fund, China Vision Valley Industry Fund, NetEase, BOE Technology, CITIC Centennial Assets, Jiahesheng Capital and Yecao Venture Capital. After this round of financing, Danghong Qitian's East China headquarters was officially settled in Hangzhou, becoming a landmark project of the "China Vision Valley" metaverse.
Data: Over 100 million USD worth of contracts were liquidated in the past 24 hours
According to Coinglass data, the cryptocurrency market had a total of $116 million in liquidation in the past 24 hours, of which more than $100 million was liquidated for long orders and only $12.09 million was liquidated for short orders. By currency type, ETH had a liquidation of about $32.6 million, accounting for the largest proportion, and BTC had a liquidation of about $19 million. The largest single liquidation occurred on Binance - ETHBUSD, worth $4.5341 million.
A Bitcoin whale address that has been dormant for more than 6 years has transferred all of its 2,995 BTC
On-chain data shows that a Bitcoin whale address that had been dormant for more than 6 years was activated, and all 2,995 BTC (about 82.27 million US dollars) in the address were transferred to two new addresses at 23:32:46 last night. The whale address initially received 3,200 bitcoins on May 7, 2016, and then transferred 204 bitcoins on September 3, 2017 and has been dormant ever since.
