LianGuaiWeb3.0 Daily | CZ Binance Leads the Way in Regulatory Compliance

CZ Binance Leads in Regulatory Compliance

DeFi Data

1. Total market value of DeFi tokens: $42.662 billion

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DeFi total market value and top ten tokens data source: Coingecko

2. Trading volume of decentralized exchanges in the past 24 hours: $3.4054 billion

Trading volume of decentralized exchanges in the past 24 hours data source: Coingecko

3. Locked assets in DeFi: $37.774 billion

Data source: Defillama

NFT Data

1. Total market value of NFT: $13.901 billion

Total market value of NFT and top ten projects by market value data source: Coinmarketcap

2. 24-hour NFT trading volume: $1.074 billion

24-hour NFT trading volume and top ten projects by trading volume data source: Coinmarketcap

3. Top ten NFT sold in the past 24 hours

Top ten NFT sold in the past 24 hours data source: NFTGO

Headlines

CZ: Binance Leads in Regulatory Compliance

LianGuai reported that CZ, the founder of Binance, believes that Binance is a stronger company today than it was two years ago. He added that Binance is leading in regulatory compliance.

NFT/Digital Collectibles Highlights

1. Global surf brand Hurley plans to release NFT series “HurleyX Digital Collectibles”

LianGuai reported that the global surf brand Hurley announced that it will mint NFT series “HurleyX Digital Collectibles” on the SKALE blockchain and will be listed on the Jump.trade platform. Hurley also disclosed plans to launch the game “Super Surfer™” and the metaverse virtual world “Hurleyverse™”, but NFT integration in the related games is not yet available and is expected to be completed by the end of September.

2. CryptoPunks#3028 sold for 68 ETH

LianGuai reported that data shows CryptoPunks#3028 was sold for 68 ETH approximately 9 hours ago.

3. EVM-compatible chain Cronos surpasses 10 million blocks and launches celebratory NFT

LianGuai reported that the EVM-compatible chain Cronos announced on its official social media that the number of blocks produced on the chain has exceeded 10 million. According to Cronoscan data, at the time of writing this article, it reached 10,044,146 blocks, with a market value of approximately $1.366 billion (26,248,907,733 CRO). In addition, Cronos announced the launch of a celebration NFT to incentivize users who contributed to this milestone. The deadline for claiming this NFT series is 8:00 AM on September 8th, Beijing time.

4. Huang Licheng has acquired the traits property 1/1 MAYC #9209 through OTC

On September 3rd, it was reported that Huang Licheng has acquired the Mutant Ape Yacht Club #9209 with traits property 1/1 from the user “player1.xyz” on OpenSea. The specific transaction price was not displayed on-chain. According to KOL @alexzhan, Huang Licheng may have purchased the NFT for 250 ETH through OTC.

DeFi Highlights

1. Lybra Finance launches Phase 1 of Lybra V2 mining program

LianGuai reported that the interest-bearing stablecoin protocol Lybra Finance announced the launch of Phase 1 of the Lybra V2 mining program. The specific allocation plan is as follows: Mint Pool (Mainnet): 75%; LBR/ETH LP (Mainnet): 15%; eUSD/3CRV LP (Mainnet): 5%; peUSD/USDC LP (Arbitrum): 5%. Additionally, users must meet the dLP threshold to qualify for V2 mining. V1 eUSD holders will be eligible for esLBR incentives in V2. V1 mining incentives will temporarily pause on September 5th and will resume in the eUSD Mint Pool on September 7th.

2. Starknet introduces a proposal for a simplified decentralized protocol

On September 4th, Starknet, an Ethereum Layer 2 scaling solution, launched a proposal for a simplified decentralized protocol called “Simple Decentralized Protocol Proposal.” The goal is to allow the community to initiate a simple and complete decentralized Starknet protocol candidate, enabling the maximum simplification of the protocol assuming that more than 2/3 of the stakers are honest. The simplified protocol will primarily consist of four key parts: 1) leader election based on proof of stake to determine the schedule of block proposers; 2) creation of a Tendermint-style consensus protocol for proposer networks to reach consensus on each block; 3) chain-based proof mechanism where each proposer must prove the previous block to ensure decentralized proof; 4) timed L1 state updates to periodically migrate L2 state to L1 while merging chain-based proofs.

3. Linea announces the release of important news tomorrow

On September 4th, Linea, an Ethereum Layer 2 network, stated on social media that important news will be released tomorrow. It is worth noting that the tweet contains the hashtags #ImportantNews and #NotRelatedToAirdrop.

4. Offchain Labs releases new tools to allow professional developers to create their own EVM

LianGuai reports that Offchain Labs has created a new tool that allows professional developers to create their own EVM. EVM (Ethereum Virtual Machine), the new tool aims to empower developers to create their own customized versions and then test and deploy them on the Arbitrum platform, making the EVM more secure and efficient. This move is expected to attract more developers to join the Ethereum ecosystem and increase the adoption of smart contracts.

5. DoS vulnerability discovered in the p2p protocol of Sui Network, the vulnerability has been fixed

LianGuai reports that according to BeosinAlert, the Beosin security team has discovered a DoS vulnerability in the p2p protocol of Sui Network, which could cause nodes in the Sui network to crash due to memory exhaustion. This denial-of-service vulnerability is caused by a “memory bomb”. The vulnerability has been fixed in Sui mainnet_v1.6.3 (August 1, 2023).

Game Highlights

1. Gala Games: Plans to fully migrate the Gala platform to Gala Chain by the end of the year

On September 4th, Gala Games tweeted that they plan to fully migrate the Gala platform to Gala Chain by the end of the year, and simplify the user experience and development tools to provide comprehensive self-service for external teams before the end of the year.

2. Korean 3A game studio NPIXEL, which collaborated with Aptos, has disbanded its Web3 department

On September 4th, it was reported that Korean 3A game studio NPIXEL has disbanded its Meta headquarters, which was responsible for developing and operating blockchain games and Web3 businesses in collaboration with Aptos. The department had created the Web3 platform Metapixel and was developing a Web3 game called “Gran Saga: Unlimited” based on NPIXEL IP, which was planned to be released in January next year, but is now facing difficulties in progress. The disbandment of the Meta headquarters was reportedly due to cost savings, internal conflicts among team members, and disagreements among management. An NPIXEL spokesperson stated, “The head of the department plans to resign for personal reasons, and the Meta headquarters also plans to reorganize. No specific decisions have been made yet.”

Disclaimer: LianGuai, as a blockchain information platform, publishes articles for information reference only and does not constitute actual investment advice. Please establish the correct investment concept and be sure to enhance risk awareness.

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