Compiled by: flowie, ChainCatcher
“What important events have occurred in the past 24 hours?”
1. Unibot was attacked, and the vulnerability issue has not been completely resolved
According to ChainCatcher, this afternoon, snailnews reported that Unibot may have been attacked, and users are advised to pay attention to safety. On-chain data shows that it has currently lost nearly 200 ETH.
Afterwards, Unibot's official X account responded: "We encountered a token approval vulnerability in our new router and have suspended our router to contain the problem. Any financial losses caused by the error in our new router will be compensated. Your keys and wallets are safe. We will issue a detailed response after the investigation is completed."
But then, PeckShield Alert tweeted that the Unibot in wallet 0xA6C9...90fB was depleted, more Unibot was purchased in the same vulnerable wallet and depleted again. Please revoke the authorization for the Unibot contract (0x126c9FbaB3A2FCA24eDfd17322E71a5e36E91865) as soon as possible. (Source link)
2. It has been 15 years since the release of the Bitcoin white paper, and the largest increase since then has exceeded 43 million times
According to ChainCatcher, it has been 15 years since Satoshi Nakamoto published the Bitcoin white paper "Bitcoin: A Peer-to-Peer Electronic Cash System" on the P2P foundation website. At 6:15 pm on January 3, 2009, the Bitcoin Genesis Block was generated in a small server in Helsinki, the Netherlands, marking the official birth of Bitcoin. The early trading price of Bitcoin was $0.0008. If calculated based on the historical highest price of $68,789, Bitcoin has risen more than 43 million times since then. As of press time, the current price of Bitcoin is $34,356.
3. Nansen: FTX transferred $156 million in crypto assets in the past three days
According to ChainCatcher, according to Nansen statistics, in the past three days, FTX funds continued to be transferred to the exchange, including 695,000 PERP (423,000 US dollars), 767,000 BICO (182,000 US dollars), 833,000 KNC (616,000 US dollars), 108 million TRU (420,000 US dollars), 138,000 BAND (221,000 US dollars), 2.5 million GRT (273,000 US dollars), 845 MKR (1.17 million US dollars), 7.16 million RNDR (17.8 million US dollars), 10.5 million USDC, 23,000 MATIC (15,000 US dollars), 9.5 million REN (500,000 US dollars), and 1.1 million ETH (2 million US dollars). Additionally, an additional 1.6 million SOL ($57.6 million) began the unstaking process yesterday. At the time of writing, these funds have not yet left the wallet, but if the transfer begins, the total amount of SOL transferred by FTX will be close to $90 million.
Including SOL unstacking and new assets transferred by FTX to Coinbase and Binance, the total amount of new funds transferred by FTX is now $156 million. (Source link)
4. Lightning Network Taproot Assets Ecosystem Nostr Assets has issued its first token airdrop
According to ChainCatcher, the Lightning Network Taproot Assets ecosystem Nostr Assets tweeted that the Taproot Assets mainnet has been launched on Nostr Asset.
Additionally, Nostr Assets announced that it will be conducting its first airdrop of Taproot Assets tokens in the style of Halloween. If you have participated in Nostr’s recent activity, you may have an eligible Nostr address.
However, it is important to emphasize that these tokens are intended for non-financial purposes such as testing, trials or entertainment only, have no intrinsic value, and should not be considered a financial instrument or investment.
In order to prevent risky behavior, some restrictions have been put in place at this stage.
It is reported that Nostr Assets is an open source protocol that introduces Taproot assets and Satoshis (bitcoin units) into the Nostr ecosystem. Once the assets are introduced, users can send and receive them at the Nostr protocol layer using Nostr's public and private keys. The settlement and security of assets still rely on the Lightning Network, and the Nostr Asset Protocol itself does not issue assets, but only introduces assets into Nostr through the protocol. (Source link)
5. Gitcoin's 19th round of donations is now open for application
According to ChainCatcher, the application for Gitcoin Grants 19, the 19th round of Gitcoin donations, has officially opened today and will end on November 8. (Source link)
6. The SSV Network community’s “Mainnet Incentive Plan” proposal has been put up for voting and will end on November 7
According to ChainCatcher, the SSV Network community's "Mainnet Incentive Plan" proposal has been put up for voting, with a current support rate of 100%, and will end on November 7. The proposal aims to create an incentive layer for the running SSV mainnet, stimulating DVT adoption and the growth of the SSV network by rewarding participants running on the SSV network in the coming year.
The program will run for 1 to 12 months starting from epoch 232538 (approximately 12:03 am UTC on October 1, 2023) until epoch 314887 (approximately 11:57 am UTC on September 30, 2024). Each validator on the mainnet will be rewarded with SSV tokens according to the tiered reward system (as shown below), and the rewarded SSV tokens will be minted by the DAO. (Source link)
7. Stelo Labs, a Web3 security company once led by a16z, announced the termination of all product services
According to ChainCatcher, Web3 security company Stelo Labs announced that it will terminate all Stelo product services, including the Stelo plugin, stelo.com, approvals.xyz, and Stelo API, on October 31, 2023. Stelo said that when it started researching Stelo, "it hoped to solve hard technical and design problems around security and usability. However, after a year of building the Stelo product suite, it realized that many of the assumptions made before were ultimately proven to be incorrect, such as transaction security will produce data network effects", "each cryptocurrency user will have a separate wallet", and "consumer cryptocurrency adoption is just around the corner."
Stelo Labs said it will share more plans in the coming weeks. According to the encryption data platform RootData, in February 2023, Stelo Labs completed a $6 million seed round of financing, led by a16z. (Source link)
8. OPNX Lianchuang made a takeover offer to CoinFLEX creditors: offering 25% equity and 1 billion OX
According to ChainCatcher, Mark Lamb, co-founder of Open Exchange (OPNX), issued an open letter to make a takeover offer to CoinFLEX creditors. Creditors who accept the offer will jointly obtain 25% of OPNX's equity, which will be distributed proportionally according to the size of the debt.
In addition, CoinFLEX creditors who accept this offer will collectively receive 1 billion OX in a trustless manner through their OPNX accounts or through automated DeFi platforms such as LlamaPay, based on their collective preferences, and exercise their rights within 10 years. The first 50% of creditors who accept the offer will receive 2/3 of the OX allocation, which will be distributed proportionally according to the size of their claims, and the last 50% of creditors who sign the contract will receive 1/3 of the allocation, which will be distributed proportionally according to the size of their claims. (Source link)
9. The Federal Reserve will announce its latest interest rate decision on November 2, with a 98.4% chance of keeping the interest rate unchanged.
According to ChainCatcher, according to CME Federal Reserve Observation: The probability of the Federal Reserve maintaining interest rates in the range of 5.25%-5.50% this week is 98.4%, and the probability of raising interest rates by 25 basis points to the range of 5.50%-5.75% is 0.0%. The probability of maintaining interest rates unchanged by December is 74.5%, the probability of cumulative interest rate increases of 25 basis points is 24.3%, and the probability of cumulative interest rate increases of 50 basis points is 0.0%.
The Federal Reserve will announce the U.S. Federal Reserve interest rate decision for November 1 at 2:00 on November 2. (Source link)
"What are the interesting articles worth reading in the past 24 hours?"
1. "Vitalik's latest long article: Sorting out the differences between various types of L2"
In his latest blog post, Vitalik discussed his understanding of various types of L2. He said that the ZK-EVM rollup ecosystem represented by StarkNet, Arbitrum, Optimism, and Scroll is progressing rapidly and continuously improving its security. Some teams are also building side chains and starting to build rollup solutions (such as Polygon). Some L1 projects are trying to move towards validity verification (such as Celo), and there are brand new attempts (such as Linea, Zeth...). But one of the inevitable results is that we see L2 projects tend to be more heterogeneous (that is, "heterogeneous").
He also highlights which of these complex trade-offs between rollups, validiums, and other systems is reasonable for a particular application.
2. "Crypto Company Edition: Entrepreneurship should start with "stupid" things that cannot be scaled"
Exactly 10 years ago, Paul Graham wrote an article titled "Do Things That Don't Scale", which is the most important article Y Combinator has launched for the startup community. The core idea is that startups in the early stages must: 1) manually recruit users; 2) manually provide users with an extraordinary experience. These things are almost never done by large companies, so they are considered "dumb" things that cannot be expanded or scaled.
Since starting AllianceDAO 3 years ago, we have been wondering if these recommendations apply to crypto startups. After 3 years and nearly 200 startups, we have enough data points to answer this question.
3. "How to objectively treat the technological innovation and challenges of the Bitcoin ecosystem?"
Recently, a number of projects have emerged around technical innovations such as Ordinals, Lightning network, Taproot Assets, and RGB protocol. Whether it is narrative overflow or technological breakthrough, explorers, speculators, and critics around the Bitcoin ecosystem have always coexisted and co-existed. So, how should we objectively treat the current status and future of the Bitcoin ecosystem? Crypto kol Haotian published a brief analysis.
