News

  • Ethereum Foundation Announces Deprecation of Ropsten, Rinkeby and Kiln

    On June 21, the Ethereum Foundation announced the deprecation of test networks such as Ropsten, Rinkeby and Kiln. The announcement states that users and developers have time to complete the migration before a complete shutdown. The main contents of the announcement are: • The Kiln Merge testnet, launched earlier this year, will shut down shortly after the Ethereum mainnet transitions to proof-of-stake. • Ropsten, Ethereum’s longest-lived proof-of-work testnet, has transitioned to proof-of-stake. It will close in the fourth quarter of 2022. • Rinkeby is a geth-based proof-of-authority testnet that will not transition…

    Ethereum News 2022-06-21
  • In addition to the attacked S2F PlanB, what other common analysis models are there?

    Recently, Twitter KOL PlanB exemplified several indicator models that are commonly used to assist decision-making in addition to the well-known S2F. In view of the current volatile market trend and the bottom-hunting sentiment after the plunge, we will introduce these indicator models for reference. required for use. Interestingly, Vitalik just issued a critique of S2F. The S2F model does not look good right now, he said. I know gloating and stuff like that is rude, but I think it’s harmful that financial models give people a false certainty and a sense that…

    2022-06-21 News
  • Nazi dog whistle? racism? How should BAYC respond to the storm of public opinion?

    BAYC caught in a storm of public opinion I believe that whether it is an OG who has been in the encryption circle for a long time, or a novice who has just entered the circle, the name BAYC will not be unfamiliar. Even in the cold winter of NFT, BAYC still has a market value of $1,716,537,043.03 (data from NFTGO) and a floor price of nearly 100 ETHs. At the same time, it has also derived a series of popular IPs such as MAYC and Otherside. As the leader of the…

    2022-06-21 News
  • Four major trends in the supervision of domestic digital collections

    Beginning in 2021, since NFT was introduced into China, its rapid outbreak and crazy growth have made compliance inevitable. Under the requirements of compliant development, digital collections came into being. At present, the legal level has not yet made a characterization of digital collections, and has not issued clear regulations. With the emergence of judgment cases related to digital collections, it is of practical and constructive significance to discuss digital collections under the existing laws and regulations. While preventing the financialization of digital collections, how to take into account and…

    2022-06-21 Metaverse & NFT News
  • Five Essential Skills for DAO Contributors

    Permissionless DAOs are the future of companies, but their new shape also places new demands on contributor skills. This article lists five skills that DAO contributors must possess: prioritization, self-direction, nonviolent communication, self-awareness, and team building. In addition to illustrating the importance of these skills to success within a DAO, the authors also provide ways to develop each skill. Upgrading your skills is like tending a garden. You need to turn the soil, sow, water, weed, and wait a while. Over time, you will see your efforts bear fruit. Most of the skills needed…

    2022-06-21 News
  • A quick overview of ZK Rollup order book DEX ZigZag airdrop and ID0 related information

    On June 21, 2022, ZK Rollup-based L2 order book DEX ZigZag announced that it will open ID0 on the ZigZag exchange at 23:00 on June 24. The total amount of ZigZag is 100 million, and the ID0 supply this time is 2 million, which only supports USDC payment. After ID0, the community uses tokens to vote on the empty investment criteria. The first public sale allows users to become part of the DAO at an early stage and have voting rights over token use cases, which will vote on empty investment eligibility…

    News 2022-06-21
  • DAO Leadership: From Unity to Modularity and Decentralization

    Why talk about leadership? If you’ve ever held an executive position, became an influential DAO member, or started a new organization, you’ve probably felt the burden of responsibility deep within you. There can be a lot of work, a lot of uncertainty, but there is an urgent need to make decisions that are big, complex, and often have long-term consequences. It’s uplifting, but it’s also exhausting and even neurotic. Conversely, being in a position of powerlessness can quickly become frustrating, if not irritating. And the difference is often touted as: leadership. We’re told that…

    News 2022-06-21
  • Indian Web3 “Great Leap Forward”

    Compared to Japan, India appears more likely to be the “dominant” of Web3, known as the next-generation Internet. This month, two “heavy players” in the capital market expressed their preference for India. On June 14, Sequoia launched a venture fund of about 2 billion US dollars in India, which immediately refreshed the record of Sequoia’s annual investment scale in India. It is reported that some of the funds will be used to expand investment in the Web3 field; On March 19), Binance executive Tigran, who has invested heavily in Web3, revealed…

    2022-06-21
  • Glassnode: Fallen Domino Miners, HODLERs, Exchanges Surrender

    This week, the Bitcoin market was affected by a massive deleveraging event, falling below its all-time high of $20,000 in 2017. As exchanges, lenders and hedge funds go bankrupt, illiquid or liquidate, both on-chain DeFi markets and off-chain entities are deleveraging. On June 18, Bitcoin fell below its 2017 all-time high of $20,000 on June 18, reaching an eye-catching low of $17,708. But bitcoin prices recovered to the $20,000 level on Sunday. With bitcoin and digital assets the only tradable instruments over the weekend, macro concerns and the need for US dollar…

    2022-06-21 News
  • Expansion Development from Layer 0, 1 and 2 of Blockchain

    The blockchain system has six layers, the data layer, the network layer, the consensus layer, the incentive layer, the contract layer and the application layer, which are inseparable in structure and jointly realize the functions of the blockchain.  The data layer and the network layer are the basic architecture of the blockchain and the bottom layer of the entire blockchain system. Above the basic structure, the consensus layer, incentive layer, contract layer and application layer together constitute the protocol part of the blockchain. The industry generally refers to the open system…

    News 2022-06-21
  • From VC to Ecological Fund, Inventory of African Web3 Investment and Financing

    Web3 is spreading across the African continent. A new wave of startups, entrepreneurs and developers is driving the next phase of Web3 innovation in Africa. On a global scale, the new web3 economy is bringing countless opportunities with a huge impact on the African continent. As the rate of technological progress in Africa accelerates, we expect more and more projects and individuals to focus on Web 3.0 in the coming years. There is a rapidly growing community of individuals across Africa who are excited about what blockchain and Web3 technology can do…

    2022-06-21
  • Forwarding reminder MetaMask Little Fox Wallet Security Announcement How to deal with potential private key leakage of the extension

    Halborn researchers have identified an issue where unencrypted user private keys could be found on the hard drive in rare cases , which has been fixed in the MetaMask browser extension wallet in version 10.11.3 and later background Halborn security researchers have disclosed an instance where, under certain conditions, mnemonics for web wallets such as MetaMask can be extracted from a compromised computer hard drive. The following content will not affect MetaMask mobile wallet users, but will affect a small number of MetaMask browser extension wallet users and other browser/plug-in wallet users. This puts…

    News 2022-06-21
  • Anatomy of a MetaMask wallet

    Since its launch in 2016, MetaMask (Little Fox Wallet) has gained 30 million monthly active users as of March 2022. It has a global user base with high engagement in the US, Philippines, Brazil, Germany and Nigeria. MetaMask is one of the indispensable applications in the Ethereum community. In the Web3 world, MetaMask is known to everyone, attracting people to start their crypto journey through MetaMask. As NFTs, games, and DAOs bring a lot of new users to web3, wallets remain a fundamental part of the ecosystem – they are the heart and…

    2022-06-21 News
  • The future of DAOs: building organizational primitives for web3

    Over the past 18 months, despite the ups and downs of the entire crypto space, the number of Decentralized Autonomous Organizations (DAOs) has increased, and these DAOs have also expanded their scope and desired goals. There are now more tools available to DAO participants, and blockchain technology continues to mature. All of this lays the groundwork for DAOs to go mainstream. Reorganizing the world with DAOs ‍The first thing to say is that many “DAOs” are not decentralized, autonomous, or monolithic. People have different definitions for it, so what is “DAO” is…

    News 2022-06-21
  • In- depth interpretation of the latest U.S. bipartisan encryption regulation bill

    On June 7, 2022, two U.S. senators jointly proposed a proposal for the Responsible Financial Innovation Act (Responsible Financial Innovation Act) in the field of encryption, which involves the operation of cryptocurrencies and encrypted assets, as well as the jurisdiction of the CFTC and SEC , stablecoin regulation, banking, tax treatment of digital assets, etc. The previous regulatory changes have had a great impact on the crypto industry, which is one of the reasons why you should pay attention to this bill. In addition to interpreting the bill, the last part of…

    News 2022-06-21
  • a16z: We are in the middle of the fourth crypto market

    To sum up, from the emergence of BTC to the present, cryptocurrency has developed for more than ten years. With the development and innovation of cryptocurrency and blockchain, the Internet Web3 era has begun to attract more and more people’s attention. The development of the Internet is currently divided into three stages, namely Web1, Web2, and Web3. Web1 happened circa 1990-2005 and was mostly about decentralization and community-governed open protocols, where most of the value was concentrated on users and builders. Web2 happened around 2005-2020 and was a closed, centralized era service…

    2022-06-21 News
  • How to put a bear market in perspective? What will happen next?

    You have realized that you are in a bear market. You may have lost more money in the past few weeks/months than you have been in a long time. As it turns out, not only is the loss figure going up, but if it sounds like a Ponzi scheme and tweets like a brash bastard, it might really be a Ponzi scheme. When a bear market happens, everyone wants to talk about something, and the crash day of cryptocurrencies sends everyone into a panic and out of the industry. The most important…

    Ethereum News 2022-06-21
  • Ethereum’s Upcoming Grey Glacier Upgrade

    A week ago, Tim Beiko of EF published an article on the EF Blog stating that the Ethereum network will undergo a scheduled network upgrade at block 15,050,000, which is expected to take place on June 29, 2022. But the exact date may change due to different block times and time zones. The teams involved with Ethereum nodes will need to upgrade their nodes by June 27, 2022. This upgrade is called Gray Glacier. Grey Glacier is the same upgrade as network upgrades like Byzantium, Constantinople, Muir Glacier, London and Arrow…

    2022-06-21
  • Talking about the Reflexivity of Blockchain: Industry Cycle and Market Risk Management

    Why are the bull and bear markets in the currency circle changing so frequently? Why is the average life cycle of a blockchain project so short? What exactly is a death spiral? These problems may all be explained by Soros’s theory of reflexivity. This article will firstly introduce the theory of reflexivity and its application in the stock market cycle; secondly, analyze the reflexivity in the blockchain industry by comparing the stock market and the currency circle, and explain the reasons for the bull and bear market cycle in the currency circle; finally, use…

    2022-06-21
  • Trends of investment institutions in the blockchain industry in the first half of June

    In June 2022, the largest amount of financing in the blockchain industry was the $113 million financing of Indonesian crypto exchange Pintu. The second is the $100 million financing of Nfinite, the main immersive e-commerce solution. The financing of the current encrypted trading platform also includes Mara. Congrats to Orderly Network, a decentralized trading protocol invested by Hoo Fund, which has completed a $20 million financing. In addition to Hoo, Three Arrows Capital, Sequoia China and Jump Crypto also participated in the investment. In this issue of the DeFi sector,…

    News 2022-06-21