Today’s Highlights:
1. PEPE: Selling 16 trillion PEPE coins yesterday was due to the deletion of multi-signature permissions by 3 former members who stole tokens.
2. Not Larva Labs Founder: The “truth about selling coins” announced by PEPE is completely a lie.
3. FTX: Precautionary measures have been taken against the Kroll network security incident, and affected user accounts have been temporarily frozen.
- Hong Kong Securities and Futures Commission’s half-year review 35 events explore virtual assets, issuing new exchange licenses.
- Reviewing the Cryptocurrency Bull and Bear Cycles When Will the Next Bull Market Arrive?
- Base completely binds shared income with Optimism to open up a new paradigm in the industry.
4. WPS for Windows suspected to have a remote code execution vulnerability, multiple user private keys stolen.
5. Chainlink plans to launch Chainlink Staking v0.2 in the fourth quarter of this year.
6. Holesky public testnet genesis file has been generated and will be officially released on September 15th.
7. Hashdex applies to hold spot bitcoins in its Bitcoin Futures ETF.
NFT
Doodles and Crocs will collaborate to launch a limited edition of hole-filled shoes on August 29th.
According to official news, the limited edition hole-filled shoes jointly launched by Doodles and casual shoe brand Crocs will be released on August 29th, with a price of $120. The series will open a 24-hour pre-sale for OG holders at 0:00 on August 29th Beijing time, with a pre-sale price of $99. The public sale will open at 00:00 on August 30th Beijing time and last for 48 hours. Buyers have the right to receive a Crocs Box digital collectible, which can be unlocked by destroying it, and obtain two wearable Crocs devices and a Stoodio Beta LianGuaiss for use in Doodles 2.
Mercedes-Benz NFT series “Era of Luxury” will be open for minting on September 6th.
Mercedes-Benz’s subsidiary, Mercedes-Benz NXT, tweeted that the NFT series Mercedes-Benz NXT Icons’ first era, “Era of Luxury,” will be open for minting in a Dutch auction format at 0:00 on September 6th Beijing time. A total of 2,694 NFTs will be issued, with a starting price of 1 ETH and an auction duration of 90 minutes. If there are remaining NFTs after the auction, they will be sold at a fixed price of 0.1 ETH. The NFT will be revealed 24 hours after the end of the auction.
Project Updates
Hashdex applies to hold spot bitcoins in its Bitcoin Futures ETF.
James Seyffart, an ETF analyst at Bloomberg, tweeted that crypto asset management company Hashdex has applied to hold spot bitcoins in their Bitcoin Futures ETF. This application does not rely on Coinbase’s Supervised Shared Agreement (SSA). Hashdex hopes to use part of the futures contracts to exchange for equivalent spot bitcoin positions through the Exchange for Physical (EFP) mechanism of the CME Market, instead of directly purchasing bitcoin with cash from exchanges. According to previous news, Hashdex has issued a new Bitcoin Futures ETF, the Hashdex Bitcoin Futures ETF, after obtaining approval from the U.S. Securities and Exchange Commission (SEC), and it will be listed on NYSE Arca under the name DEFI on September 16th.
Binance P2P service no longer supports customers to transfer money through 5 sanctioned Russian banks
Binance P2P service no longer supports customers to transfer money through 5 sanctioned Russian banks. A spokesperson for Binance stated that the system will be regularly updated to ensure compliance with local and global regulatory standards. When vulnerabilities are identified, solutions and remedies will be sought as soon as possible. According to previous reports, the Binance P2P service website offered at least five sanctioned Russian banks (including Rosbank and Tinkoff Bank) as options for processing payments to Russian customers.
Chainlink plans to launch Chainlink Staking v0.2 in the fourth quarter of this year
According to official sources, Chainlink announced that its Chainlink Staking v0.2 is expected to be launched in the fourth quarter of this year, with an initial expansion pool size of 45 million LINK tokens. v0.2 provides greater flexibility for community and node operators who are stakers, while maintaining the secure non-custodial design of staking LINK tokens; enhances the security of the oracle services supported by Chainlink Stake; modular architecture allows for iterative support for future improvements and additions to Chainlink Stake, such as expanding to more services; dynamic reward mechanism that seamlessly supports future new sources of rewards, such as user fees.
Blockstream co-founder: Decided long ago not to issue tokens
Erik Svenson, co-founder and CFO of Blockstream, a blockchain infrastructure company, said, “Investment in cryptocurrencies peaked in early last year. The Bitcoin space itself has always been an area of capital shortage. We decided long ago not to issue our own tokens. We did not conduct an ICO like many projects, so we have always relied on more traditional venture capital.” Blockstream raised $125 million at the end of January, bringing its total funding to about $400 million. As of August 2022, the company has a post-investment valuation of $2.49 billion.
FTX: Precautionary measures taken for Kroll cybersecurity incident, temporarily freezing affected user accounts
FTX tweeted that, in response to the Kroll cybersecurity incident, FTX has taken precautionary measures and temporarily frozen the accounts of affected users in the customer claims portal. According to previous reports, Kroll, the bankruptcy claims agent for FTX, experienced a cybersecurity incident that resulted in the leakage of non-sensitive customer data for certain claimants in pending bankruptcy cases. Kroll is directly notifying the affected individuals to be vigilant against fraudulent emails, and FTX’s own systems are not affected by this incident.
Official announcement from PEPE: The sale of 16 trillion PEPE tokens yesterday was due to the theft of tokens by 3 former members who then deleted multisig permissions
PEPE published a long post on Twitter, revealing the truth behind the sale of 16 trillion PEPE tokens yesterday. PEPE stated that since its inception, the project has been plagued by internal conflicts, with most of the team members distancing themselves from the project after the first week of launch. These members have hindered the team’s progress in using multisig wallets for token donations or purchases due to the inability to sign, disagreements, and prolonged inability to contact them. Now the PEPE project has completely rid itself of this burden. Three former team members secretly returned yesterday, logged into the multisig and stole 60% of the tokens in the wallet, which were then sent to a trading platform for sale. They then removed themselves from the multisig to eliminate any association with PEPE, and also deleted all their social media accounts, leaving only one message: “The multisig has been updated, you now have full control”. Currently, the control of this Twitter account and the remaining 10 trillion tokens in the multisig wallet are secure, and the former team members no longer have access to them.
According to previous reports, the PEPE team’s multi-signature address transferred 160,000 trillion PEPE tokens (equivalent to $15.08 million) to four CEXs (centralized exchanges) yesterday. Among them, 85,000 trillion PEPE tokens (equivalent to $7.99 million) were transferred to OKX, 67,000 trillion PEPE tokens (equivalent to $6.29 million) were transferred to Binance, 44.51 billion PEPE tokens (equivalent to $410,000) were transferred to Bybit, and 40 billion PEPE tokens (equivalent to $370,000) were transferred to Kcoin.
The remaining over 10,000 trillion tokens in the PEPE multi-signature address have been transferred to a new address.
PEPE announced on Twitter that the remaining 10.6 trillion tokens in the PEPE multi-signature address have been transferred to a new address starting with 0x9f5E46.
Not Larva Labs founder: The “truth about selling tokens” announced by PEPE is completely false.
Jeremy Cahen, the founder of CryptoPhunks and Not Larva Labs (with the X account nickname LianGuaiULY), tweeted that the “truth about selling tokens” announced by PEPE is completely false, and he claimed that he and the community have been exploited by the PEPE team. LianGuaiULY had helped the PEPE team establish contacts with the listing team of Binance and members of the Sushi team. He previously disclosed that the founder of PEPE is American landscape photographer Zachary Testa, who has a record of violating laws in multiple wilderness areas, sacred indigenous areas, and other areas where drones are prohibited. Zachary used the PEPE income to purchase a purple Lamborghini worth $865,000, but his team did not pay any copyright fees to Pepe the Frog’s original creator, Matt_Furie.
PEPE: Telegram group has been taken over by hackers, all official messages will be published through the X (Twitter) account.
PEPE tweeted that the PEPE Telegram group is currently locked, and the old Telegram account of the group owner has been hacked and taken over by hackers. During the process of attempting to regain access or create new access, all official communications from PEPE will be simultaneously published through the X (Twitter) account. Any mention of airdrops, staking, minting, claims, etc. is a scam. Pepe is not involved in any new coins, and Pepe will never message you first. Do not connect wallets or sign content without carefully checking all links and account usernames.
According to previous reports, PEPE published a long post on Twitter, stating that the sale of 160,000 trillion PEPE tokens yesterday was due to three former members stealing the tokens and deleting the multi-signature permissions. However, Jeremy Cahen, the founder of Not Larva Labs (with the X account nickname LianGuaiULY), tweeted that the “truth about selling tokens” announced by PEPE is completely false and claimed that he and the community have been exploited by the PEPE team.
LianGuaiULY: The PEPE team holds PEPE tokens worth $16-17 million in at least 9 wallets.
Jeremy Cahen, the founder of Not Larva Labs (with the X account nickname LianGuaiULY), stated on the X platform that the official PEPE team holds PEPE tokens worth $16-17 million in at least 9 internal wallets.
According to previous reports, Jeremy Cahen, the founder of Not Larva Labs (with the X account nickname LianGuaiULY), tweeted that the “truth about selling tokens” announced by PEPE is completely false and claimed that he and the community have been exploited by the PEPE team.
Some versions of WPS for Windows are suspected to have remote code execution vulnerabilities, and multiple users’ private keys have been stolen.
Several members of the encryption community have reported that their private keys have been stolen, with speculation that it may be due to the use of the Bitkey Fingerprint Browser. In response to this, the official Bitkey Fingerprint Browser community stated that some versions of WPS for Windows have remote code execution vulnerabilities, allowing attackers to execute arbitrary code on the victim’s target host and control the host. The affected versions include WPS Office 2023 Personal Edition below 12.1.0.15120 (inclusive) and WPS Office institutional versions (such as Professional Edition, Professional Enhanced Edition) below 11.8.2.12055 (inclusive). Moreover, this vulnerability is relatively easy to trigger, so it may be exploited by hackers after clicking on unknown links. Even if the private key does not exist in WPS, it can still be compromised when using other methods. In addition, there is also a risk of theft when granting authorization keys to third parties.
At the same time, there are also voices saying that there are users who have not used WPS among those who have been stolen from. LianGuaiNews will continue to track the specific reasons for the theft.
The genesis file of the Holesky public test network has been generated and will be officially released on September 15th.
Barnabas Busa, an engineer at the Ethereum Foundation, tweeted that the genesis file of the Holesky public test network has been generated and merged into the main branch of the Holesky GitHub repository for Ethereum clients. The release date is 22:00 on September 15, 2023, Beijing time. The genesis block of the Holesky public test network will have 1.46 million validators, making it the largest public network to date. The Ethereum Foundation will distribute over 2 billion hETH during the genesis phase.
Important Data
Data: MakerDAO founder exchanged 200,000 DAI for 197.5 MKR yesterday
According to Spot On Chain monitoring, MakerDAO founder Rune Christensen exchanged 200,000 DAI for 197.5 MKR yesterday.
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