Headlines

ZKsync Association to airdrop 3.675 billion ZK tokens to early users and contributors next week

ZKsync recently announced that it will airdrop 3.675 billion ZK tokens to early users and contributors next week, accounting for 17.5% of the total supply of 21 billion ZK tokens. This will be a one-time airdrop, and users will be able to claim tokens starting next week, ending on January 3, 2025. Early contributors will be able to claim from June 24. Another 49.1% of the token supply will be distributed through the ecosystem program, of which 17.2% will be allocated to investors and 16.1% will be allocated to the Matter Labs team. The ZKsync Association said in a statement: "The airdrop of more tokens to the community than to the Matter Labs team and investors is more than a symbolic decision. When the ZKsync governance system launches in the coming weeks, the community will have the largest supply of liquidity tokens to guide protocol governance upgrades." In addition, there are 695,232 wallets shortlisted for this airdrop. The eligibility and allocation of the airdrop are based on the ZKsync Era and ZKsync Lite activity snapshot taken at 0:00 UTC on March 24, 2024, which marks the first anniversary of the launch of the ZKsync Era mainnet. 17.5% of the ZK airdrop is allocated to two groups of community members-early users (89%) and early contributors (11%).

JPMorgan Chase: Market consensus is that Trump will return to the White House

JPMorgan said in a note to clients that the consensus is that former US President Donald Trump will win the White House, Republicans will win the Senate and Democrats will win the House of Representatives. Investors remain optimistic about the impact of the US election on the market, with JPMorgan adding that only 12% of JPMorgan survey respondents believe the US election is the biggest threat to the market.

Trump pledges support for cryptocurrency mining

Trump met with the CEO of Bitcoin Magazine and representatives of US Bitcoin mining companies and pledged support for cryptocurrency mining operations.

Industry News

Coinbase Pro Bitcoin wallet balance exceeds 890,000, ranking first among CEX

Coinglass data shows that the current Coinbase Pro Bitcoin wallet balance is 890,755.02, ranking first among CEX; 130.71 inflows in the past 24 hours, 2469.06 inflows in the past 7 days, and 24079.87 outflows in the past 30 days. The Bitcoin wallet balance of Binance is 583,221.88, with an inflow of 1540.11 in the past 24 hours, an inflow of 2853.88 in the past 7 days, and an outflow of 3372.23 in the past 30 days. The Bitcoin wallet balance of Bitfinex is 391,917.99, with an outflow of 245.74 in the past 24 hours, an outflow of 515.79 in the past 7 days, and an inflow of 7833.79 in the past 30 days. The balance of OKX Bitcoin wallet is 132,333.72 coins, with an outflow of 976.35 coins in the past 24 hours, 7457.21 coins in the past 7 days, and 5099.67 coins in the past 30 days.

BlackRock IBIT holdings exceed 305,000 Bitcoins

BlackRock officially updated the spot Bitcoin ETF data. As of June 10, the market value of IBIT reached 21,243,465,407.99 US dollars, and the holdings reached 305,067.8293304,976.7378 BTC, an increase of approximately 91 bitcoins from the previous trading day.

Circle CEO: USDC operates in compliance with the EU MiCA compliance framework

Circle co-founder and CEO Jeremy Allaire posted on the X platform that the EU MiCA regulations will take effect on June 30, the momentum of on-chain capital markets continues, and USDC can be used with tokenized on-chain bonds, all of which operate within a compliant framework.

Project News

ZKSync: Meeting the airdrop criteria does not mean you will receive an airdrop. All decisions are made at the sole discretion of the association.

According to the terms and conditions of the ZKSync airdrop claiming interface, meeting one or more of the above airdrop criteria does not constitute a legal right or claim to receive an airdrop, and all decisions related to airdrop allocations are at the sole discretion of the ZKSync Association. In addition, ZKSync stated that by participating in the airdrop, participants expressly acknowledge and assume all risks associated therewith, including (but not limited to) the following risks: In no event shall the ZKSync Association or any of its directors, executive employees, representatives, consultants or agents be liable for any claims, losses, damages or other liabilities, whether in contract tort or otherwise arising from the airdrop or the minting and claiming of any ZK tokens.

Sushi announces Sushi Labs and releases roadmap

According to official news, Sushi announced the launch of Sushi Labs, which will develop a multi-token product suite, execute Sushi's ecological strategy, and explore solutions to enhance Sushi's products. Sushi Labs also announced a roadmap, with key projects including Route Processor, a multi-token product suite, and Susa (ETH-based perpetual contract DEX).

LayerZero CEO: Airdrop qualification criteria focus on real, lasting users and fair, optimal distribution

LayerZero CEO Bryan Pellegrino posted on X Platform: "Here is how we are currently thinking about eligibility from a broad perspective. The focus is obviously on real users, and the most consistent, persistent users that are the fairest, most widely distributed. This is largely inspired by the results of the Sybil process, and any real final definition will come directly from LayerZero, not me. The initial wallets are 6 million, and 3 million wallets have less than 5 transactions, so these wallets are seriously considered. All transactions below $1.00 are downgraded by 80%, but still calculated at 1/5 of normal transactions, as are all 'valueless NFTs'. Transactions are then normalized based on protocol fees, and the minimum value of this item is the eligibility criteria, as is the maximum/cap, based on a multiplier for early use. In general: eliminate Sybils, eliminate junk transactions, semi-linear caps, reward early users, reward persistent users, reward all non-standard protocol interactions such as LPs through RFPs, and focus on the fairest and optimal distribution of the protocol."

Farcaster agreement revenue exceeds $1.7 million, total number of users exceeds 480,000

Dune data shows that the total revenue of the decentralized social protocol Farcaster has exceeded US$1.7 million, currently standing at US$1,714,414, with a total number of users reaching 480,814.

deBridge ARB Horizon plan is launched, and 1 million ARB will be distributed to its ecological users and DApps

deBridge posted on the X platform that deBridge ARB Horizon is now live and will distribute 1, 000, 000 ARB to the entire deBridge ecosystem users and DApps. ARB Horizon is a growth plan designed to drive users and builders to use Arbitrum. Within 12 weeks, deBridge will distribute 1 million ARB to users who use the deBridge application and teams that integrate the deBridge Widget, deBridge API or dePort.

Travala.com will stop supporting BNB Beacon Chain (BEP 2) starting June 14

Travala.com posted on the X platform that it will stop supporting BNB Beacon Chain (BEP 2). On June 14, 2024, according to the sunset plan of the BEP 2 network, all token deposits and withdrawals currently available in the BNB Beacon Chain (BEP 2) network account wallet will be stopped. Travala.com reminds that depositing any tokens into the BEP 2 network after this date may result in irreparable loss of user assets. Before submitting a transaction, be sure to carefully check the wallet address and select the network, and do not directly use the previously saved address.

Optimism: Proof of Fault is launched on OP Mainnet, and OP Stack reaches the first stage of decentralization

Optimism announced on X Platform that its open source, permissionless proof of failure has been launched on OP Mainnet, and OP Stack has reached the first stage of decentralization. Soon more OP Stack Chains will be upgraded to include this feature, with the first projects being Base, Metal, Mode and Zora. Fault proofs allow ETH and ERC-20 tokens to be withdrawn from OP Mainnet without the need for a trusted third party, enabling users to challenge and delete invalid withdrawals, contributing to the security of the Superchain. In the coming months, more proof systems will be launched on the testnet, including Asterisc and Kona. Proving the reliability and robustness of these redundant proof schemes will help Superchain reach the second stage of decentralization, managed only by smart contracts.

Security Risk

YOLO Games: YOLO LBP was terminated early due to a vulnerability in the Bazaar LBP smart contract, and refunds will be given to affected users

Blast ecosystem game platform YOLO Games posted on X platform at around 4 am today that the YOLO LBP sale ended early due to a security vulnerability reported in the Bazaar LBP smart contract. Users will no longer be able to participate in LBP. Anyone who purchased and held rYOLO during the sale will receive an ETH refund based on the amount spent, and the incident will be sorted out in the next few days. YOLO Games will investigate the issue with the Bazaar and Blast teams and will provide further updates later.

UniSat: Rune indexing issues fixed, Transfer functionality restored to normal

UniSat posted on the X platform that the rune index problem has been fixed and the Transfer function has returned to normal. Half an hour ago, UniSat issued an announcement that the rune index had a problem (issue) and the Transfer function would be suspended. It is expected to be fixed within two hours.