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Rhythm Evening News | The former Munchables developer has chosen to return the funds; Base Network TVL exceeded US$2.8 billion and continued to hit a

Rhythm Evening News | The former Munchables developer has chosen to return the funds; Base Network TVL exceeded US$2.8 billion and continued to hit a

BlockBeats-Article2024/03/27 11:37
By:BlockBeats-Article

Selected news:

1. Affected by news of potential mergers, AGIX and other related tokens rose temporarily;

2. Blast founder: former Munchables developer has Choose to return the funds, hoping that Blast developers can learn from this;

3. Base network TVL exceeded 2.8 billion US dollars, continuing to hit a record high;

4. DAW briefly exceeded 0.014 US dollars , up more than 1,400% in the past 5 hours;

5. SUI hit a record high of $1.99, a 24-hour increase of 14%


Price Observe


SUI The rise hit a record high of $1.99, a 24-hour increase of 14%

On March 27, according to OKX market data, SUI rose to a record high of $1.99, and is now quoted at $1.986, 24 Hourly increase of 14%.


SLERF picks up Breaking through $0.9, a 24-hour increase of 32.9%

On March 27, according to market data, SLERF rebounded and exceeded $0.9, and is now quoted at $0.9217, with a 24-hour increase of 32.9%.


DAW short It broke through 0.014 US dollars at that time, rising more than 1400% in the past 5 hours

On March 27, according to market data, the Meme token DAW on Solana broke through 0.014 US dollars in a short time, and is now quoted at 0.0133 US dollars. It rose more than 1,400% in the past 5 hours.


Previously, Richard Dawkins, the creator of the word "meme" and a famous British evolutionary biologist, animal behaviorist and popular science writer, posted on social media that " Dawkoin" Meme token, related tweets received Musk's "laughing and crying" emoticon reply, and DAW began to rise after that.


BlockBeats Note: Meme token prices are highly volatile and highly risky. Users are advised to invest rationally.


Supported by Upbit Affected by the news of Upbit’s currency listing, MNT rose by more than 30% to $1.18 in a short period of time

On March 27, according to CoinGecko data, affected by the news of Upbit’s currency listing, MNT rose by more than 30% in a short period of time. % rose to $1.18.


POKT rises Breaking through US$0.4, the price of POKT rose by more than 110% after the announcement of the news of "Listing on Upbit"

On March 27, according to CoinGecko data, POKT rose above US$0.4 and is now quoted at US$0.4002. "Listing on Upbit" ” After the news was announced, the stock price rose by 112%.


ETHFI short It broke through US$6.4 at one time, rising by more than 29% in 24 hours

On March 27, according to Bitget data, ETHFI broke through US$6.4 in a short time, and is now quoted at US$6.3251, with a 24-hour increase of 29.03%.


Potentially Affected by the news of the merger, AGIX and other related tokens rose in the short term

On March 27, affected by the news of the potential merger, the related tokens rose in the short term. Among them:


SingularityNET (AGIX) is currently quoted at US$1.3, with a 24-hour increase of 7.2%;


Fetch.ai (FET) is currently quoted at US$3.27, with a 24-hour increase of 14.7%;


Ocean Protocol (OCEAN) is currently quoted at US$1.48, with a 24-hour increase The increase reached 22.5%.


Previous news, according to sources, three blockchain AI protocols, SingularityNET, Fetch.ai and Ocean Protocol, are discussing merging their tokens into ASI tokens , the token’s fully diluted value is approximately $7.5 billion.


Transaction Tracking


A newly created address withdrew 13,000 ETH from Binance in the past 19 hours and deposited it into Renzo, becoming Renzo's largest personal/institutional deposit address

On March 27, according to on-chain data analyst Ember’s monitoring, a newly created address withdrew 13,000 ETH (approximately US$46.7 million) from Binance in the past 19 hours, with an average price of US$3,592. Since then, this address has deposited all funds into the Ethereum liquidity re-pledge protocol Renzo Protocol, becoming Renzo’s largest personal/institutional deposit address.


Amber at Withdrawn 511,000 ETHFI from CEX 12 hours ago, and currently holds 7.68 million ETHFI

On March 27, according to Scopescan monitoring, the Amber Group address withdrawn from Binance and KuCoin 12 hours ago Withdraw 511,000 ETHFI (approximately $2.63 million). Currently, Amber holds 7.68 million ETHFI (approximately $47.78 million).


A new The address withdrew 86.12 million GMT from Binance in the past 3 days

On March 27, according to monitoring by The data nerd, a newly created address withdrew 86.12 million GMT (approximately US$29.56 million) from Binance in the past three days. The average purchase price was US$0.3256, and the unrealized profit was approximately US$151. million US dollars (approximately +5.4%).


4 Non-team/CEX currency-holding whale addresses withdrew 1.036 million ETHFI from CEX in the past 22 hours

On March 27, according to Spot on Chain monitoring, in the past 22 hours, 4 non-team The /CEX coin-holding whale address withdrew 1.036 million ETHFI from Binance and KuCoin at a price of $5.208 (approximately $5.4 million at the time). Currently, these 4 wallets hold a total of 12.2 million ETHFI (approximately $76.6 million), accounting for 10.6% of the circulating supply.


Some whale The address has withdrawn a total of US$44.06 million in GMT from Binance in the past 5 days, with an average withdrawal price of US$0.33

On March 27, according to @ai_9684xtpa monitoring, the 0xc7e address withdrew a value of 1,601 from Binance 5 minutes ago Ten thousand US dollars. In the past five days, this address has transferred a total of 133 million GMT from Binance, with a total value of US$44.06 million. The average transfer price was US$0.33, and the current profit is US$920,000.


Amber Group The relevant wallet withdrew RNDR worth US$1.1 million from Binance 6 hours ago

On March 27, according to Lookonchain monitoring, the wallet related to Amber Group withdrew RNDR worth US$1.1 million from Binance 6 hours ago. It is reported that the wallet withdrew 1.07 million RNDR from Binance when RNDR was $4.68, resulting in a profit of $6.82 million.


An entity will mine in 2010 The 2,000 BTC obtained from the mine were collected, worth nearly 140 million US dollars

On March 27, according to The Block, an unknown individual/entity obtained 2,000 BTC through mining in 2010. coins and centralize all rewards in one wallet. Developer mononautical said on X that the address transferred 40 sets of mining rewards (each set of 50 Bitcoins) to a wallet in the early morning of March 27. When these blocks were mined by this unknown entity, their Bitcoin rewards totaled around $600. Today, that amount of Bitcoin is worth nearly $140 million.


Project News


The official email address of the encrypted media Decrypt was stolen and emails containing phishing links were distributed to subscribers

March 27 , the encryption media Decrypt posted on social media that its email newsletter account has been compromised and phishing scam emails have been sent to all subscribers. Users please delete and do not open or click on any links. There is no DECRYPT airdrop and officials are working to regain access.


Aavegotchi Founder Person: Munchables attacker was hired for a short time and confirmed that the latter had appeared

On March 27, Aavegotchi founder CoderDan posted on social media: "Aavegotchi's development team Pixelcraft Studios is The Munchables attacker was hired for a short period in 2022 to do some game development work, his skills were rough and he really felt like a North Korean hacker and we fired him within a month. He also tried to get us to hire one of his friends , that person is probably also a hacker." CoderDan added that Pixelcraft Studios had some video calls with him at the time, but they were not recorded. It is not sure whether Google records all video calls internally, but the hacker did appear. Face it. Finally, CoderDan provided the Munchables team with the hacker’s usual address when he worked at Pixelcraft Studios, hoping to use these clues to help Munchables recover the funds.


ZachXBT: Hired by the Munchables Team Four developers have connections with the attackers, or play four roles for one person

On March 27, on-chain detective ZachXBT posted on social media that four developers employed by the Munchables team Different developers are all connected to the attacker, most likely the same person. They recommended each other to do this work. They regularly transferred payments to the same two trading platform deposit addresses. The wallets of the "four people" have mutual existence. Transfer behavior.


Munchables Development The developer has agreed to unconditionally share all Munchables fund keys

On March 27, Munchables officials posted on social media that Munchables developers have agreed to unconditionally share all Munchables fund keys. Earlier today, the Blast ecological project Munchables was attacked and 17,400 ETH (approximately $62.3 million) was stolen. According to an investigation by on-chain detective ZachXBT, the theft occurred because one of the developers of Munchables was a North Korean hacker. Upon further investigation, four different developers employed by their team were all linked to the attackers and were likely all the same person.


Munchables: The purpose of sharing private keys is to assist security personnel in recovering user funds

On March 27, Munchables further explained its previous "shared private key" announcement on social media, saying that sharing private keys The key is to assist security personnel in recovering user funds. Specifically, the private key containing $62,535,441.24 in crypto assets, the private key holding 73 WETH, and the owner’s private key containing the remaining funds.


Scopescan: The Binance deposit address of the Munchables hacker has been detected, and its deposit of GRT may be used for other attacks

On March 27, Scopescan posted on social media that it had detected the Binance deposit address of the Munchables hacker. The address was also used to deposit GRT, and the hacker may use it for other attacks.


Juice: All Juice wETH has been successfully rescued from Munchables developers and is being coordinated to be transferred back to Juice

On March 27, Blast ecological DeFi protocol Jucie issued a statement stating that all Juice wETH has been developed from Munchables Successfully rescued by Shang. We are coordinating with Pacman and Blast to transfer wETH back to Juice so users can withdraw.


Munchables: All user funds are safe, and Blast-related rewards will be distributed normally

On March 27, Munchables issued a document on the X platform stating that all user funds are safe and lockdrops will not be held. will be executed and all Blast-related rewards will be distributed. Officials will share the latest news in the coming days. Previously, Blast founder Pacman posted on the X platform that Blast core contributors have received $97 million in funding through multi-signatures. Kudos to the former Munchables developer for choosing to finally return all funds without any ransom.


Rhythm Evening News | The former Munchables developer has chosen to return the funds; Base Network TVL exceeded US$2.8 billion and continued to hit a image 0


Owlto Finance received Mantle grant incentives and will issue MNT tokens worth US$30,000 for cross-chain subsidies

On March 27, cross-chain interoperability protocol Owlto Finance received Mantle grant incentives. From now on, use Owlto to cross-chain ETH, MNT, USDC, and USDT from other 25+ networks to Mantle to enjoy free handling fees and double Owlto points. It is worth noting that the handling fee subsidies for this event all come from Mantle’s grant incentives, and the total prize pool is worth $30,000 in MNT tokens. This event started at 11:00 on March 27th.


AltLayer announces the launch of token staking

On March 27, according to The Block, the Rollup platform AltLayer announced the launch of token staking, so that ALT holders can contribute to the economic security of its ecosystem. It is reported that the launch of ALT token staking kicks off the multi-phase rollout of MACH Alpha, a rapid finalization service for Layer2 Rollup. The service will be used to secure and help scale Layer2 solutions.


Market News : SingularityNET, Fetch.ai and Ocean Protocol are discussing token merger matters

On March 27, according to sources, three blockchain AI protocols, SingularityNET, Fetch.ai and Ocean Protocol Discussions are underway to merge its token into the ASI token, which would be worth approximately $7.5 billion on a fully diluted basis.


Note: Currently, this information may be released by Tree News citing Bloomberg terminal information. BlockBeats will continue to follow up on this information and update the source.


Rhythm Evening News | The former Munchables developer has chosen to return the funds; Base Network TVL exceeded US$2.8 billion and continued to hit a image 1


CeFi Information


Hong Kong listed company Ying Universe The board of directors approved a budget of US$100 million for the purchase of cryptocurrency

On March 27, the interactive social platform Yinguniverse (03700.HK) announced yesterday that its board of directors had approved a budget of US$100 million. Budget for the Group to purchase cryptocurrencies on any regulated and licensed trading platform over the next five years, funded by its existing cash reserves. As of the time of the announcement, Yingyushu Group had not purchased any cryptocurrencies.


Data: Kucoin for the past 24 hours Net outflow of US$641 million

On March 27, according to data on the Nansen chain, Kucoin had a net outflow of US$649 million in tokens in the past seven days, and a net outflow of US$641 million in tokens in the past 24 hours. .


Kucoin had In 2023, it was considered to stop the business and sell it, and platforms such as Binance received the sale information

On March 27, Wu Shuo Blockchain cited three independent sources to confirm that in 2023 KuCoin had Consider ceasing operations and selling the exchange. Relevant personnel from multiple exchanges including Binance received information about the sale. In 2023, many KuCoin businesses will be spun off at an accelerated pace to reduce risks. KuCoin was launched into criminal investigation by the U.S. DOJ in 2023, and has also been subject to multiple investigations in China. KuCoin was previously the only major offshore exchange that did not ban US IP. Wu said that data research conducted in 2022 had pointed out that KuCoin may face extreme pressure from the United States. The DOJ pointed out that KuCoin had a passive attitude towards supervision and never submitted any required suspicious activity reports. In July 2023, when KuCoin was notified of the U.S. criminal investigation into its activities, KuCoin launched a KYC process for new customers.


Upbit will Launching MNT and POKT

On March 27, according to official news, Upbit announced that it will launch Mantle (MNT) and Pocket Network (POKT), including:


· MNT supports the KRW market, BTC market, and USDT market


· POKT supports the BTC market and USDT market


HSBC targets Hong Kong investors Launching tokenized gold investment services

On March 27, according to Coindesk, financial giant HSBC (HSBA) is providing tokenized gold investment services to Hong Kong investors. It is reported that HSBC Gold Tokens are minted on the bank’s Orion digital asset platform and can be accessed through HSBC Online Banking and the HSBC Hong Kong mobile app. In November, HSBC announced the launch of a tokenized gold product, planned as part of the bank’s new digital asset custody platform, which was created in partnership with Swiss cryptocurrency custody specialist Metaco. Maggie Ng, head of wealth and personal banking at HSBC Hong Kong, said: "HSBC Gold Token, powered by HSBC Orion, is Hong Kong's first product for retail investors based on distributed ledger technology and authorized by the Securities and Futures Commission."


Binance will GNS/BTC and XVG/TUSD spot trading pairs will be delisted on the 29th

On March 27, according to the official announcement, Binance decided to delist the GNS/BTC and XVG/TUSD spot trading pairs at 3:00 on March 29 based on the results of the recent review. (UTC) GNS/BTC and XVG/TUSD spot trading pairs are delisted.


Rhythm Evening News | The former Munchables developer has chosen to return the funds; Base Network TVL exceeded US$2.8 billion and continued to hit a image 2


Financing Express


Bitcoin Layer 2 Basics Facilities Bitlayer Labs completed a US$5 million seed round of financing, led by Framework Ventures and ABCDE Capital

On March 27, Bitcoin Layer 2 infrastructure Bitlayer announced the completion of a US$5 million seed round of financing. This round of financing was co-led by Framework Ventures and ABCDE Capital, and included StarkWare, OKX Ventures, Alliance DAO, UTXO Management, Asymmetric Capital, Kenetic Capital, Pivot Global, Web3Port, Mindfulness Capital, C6E Capital, PAKA, Comma3 Capital and Kronos Ventures. Ten institutions, as well as top Web3 entrepreneurs and angel investors such as famous Bitcoin OGKOL Dan Held, Messari CEO Ryan Selkis and Lianchuang Dan McArdle participated in the investment. Bitlayer is committed to becoming the computing layer of Bitcoin and is the first Bitcoin security equivalent Layer 2 based on the BitVM paradigm. Bitlayer plans to launch the first version of the mainnet on April 5 and launch the ecological incentive program Ready Player One.


Bitcoin Lightning Network Company Neutronpay Completed US$1.5 million in bridge financing, led by Axiom Capital

On March 27, Bitcoin Lightning Network company Neutronpay announced the completion of US$1.5 million in bridge financing, led by Axiom Capital. The funding is intended to help Neutronpay leverage Bitcoin to provide instant and cost-effective payment solutions in Southeast Asia’s digital economy. BlockBeats previously reported that in September 2022, Neutronpa completed a $2.25 million seed round of financing, led by Hivemind Ventures, with participation from Republic, Cavalry, Ride Wave, Studio, Iterative, Fulgur Ventures, Lightning Labs and individual investors Bill Crowley and Lisa Shields. cast.


Bitcoin Infrastructure platform OrdinalsBot completed a US$3 million seed round of financing, led by DACM

On March 27, Bitcoin infrastructure platform OrdinalsBot announced the completion of a US$3 million seed round of financing. This round of financing was led by DACM led the investment, with participation from Eden Block, Nural Capital, WWVentures, Lightning Ventures, Bitcoin Frontier Fund, Oak Grove Ventures, UTXO Management, Kenetic Capital, CMS Holdings, Kestrel0x1, Sora Ventures, London Real Ventures, Crypto Zombie and MDX.


The funding will be used to expand its infrastructure, including recruiting and launching the Ordinals inscription marketplace. In October last year, OrdinalsBot completed a US$1 million seed round of financing. Participants in this round of financing included Kestrel 0X1, Lightning Ventures, Bitcoin Magazine Ecosystem Fund, Bitcoin Frontier Fund, Angsana Investments, and Deep Ventures. Individual investors included Sebastien Borget, Howard Morgan, Micah Spruill, Ivan Brightly and Dillon Healy. OrdinalsBot has launched an SDK designed to help developers integrate Ordinals functionality into their projects.


DePIN Layer1 protocol Peaq completed 1500 US$10,000 in financing, led by Generative Ventures and Borderless Capital

On March 27, DePIN Layer1 protocol Peaq completed US$15 million in financing, led by Generative Ventures and Borderless Capital, led by Spartan Group, HV Capital , CMCC Global, Animoca Brands, Moonrock Capital, Fundamental Labs, TRGC, DWF Labs, Crit Ventures, Cogitent Ventures, NGC Ventures, Agnostic Fund, Altana Wealth, etc. participated in the investment.


The funds will be used to expand peq’s ecosystem, which consists of more than 20 DePINs involving multi-chain machine IDs, artificial intelligence agents and data Verification and other areas. The protocol is expected to undergo a public offering and token listing in the coming weeks, with its mainnet planned for launch in May. An incentive program is also planned to support the development and adoption of DePIN on Peaq, including gamified challenges that provide rewards for participants. BlockBeats previously reported that in June 2022, Peaq announced the completion of a $6 million seed round of financing. This round of financing was led by Fundamental Labs, HashKey Capital, GSR Markets, Delta VC, Mulana, Cypher Capital, GravityX, Waterdrip, Ceras and Master Ventures Waiting for participation.


Opinion data


US Bitcoin spot ETF had a net inflow of approximately US$418 million yesterday

On March 27, according to @HODL15Capital data , the US Bitcoin spot ETF had a net inflow of approximately US$418 million yesterday. Among them, BlackRock IBIT had a net inflow of US$162 million, Fidelity FBTC had a net inflow of US$279.1 million, and Grayscale GBTC had a net outflow of US$212.3 million.


Vitalik: Definition of the Metaverse Still vague, need to combine cryptocurrency, virtual reality and AI

On March 27, according to Coindesk, Ethereum co-founder Vitalik Buterin said at the BUIDL Asia Conference in Seoul: " The Metaverse is poorly defined and is often considered more of a category name than a product. It is envisioned as a virtual world that everyone can participate in and belongs to no one, and it is often associated with virtual reality, But the needs of virtual reality are simpler, like wanting a laptop without a laptop. In order to make this virtual world work, we need to combine all the different virtual world elements we already have in the right way, including encryption Currency, VR and some AI parts."


Blast founder: The former Munchables developer has chosen to return the funds, hoping that Blast developers can learn from it

On March 27, Blast founder Pacman Posting on social media, Blast core contributors have secured $97 million in funding through multi-signatures. Kudos to the former Munchables developer for choosing to finally return all funds without any ransom. Munchables and protocols integrated with it, such as Juice finance, were affected in this incident. It is important that all development teams, whether directly affected or not, learn from this and take preventive measures to more thoroughly secure themselves. Core contributors are always happy to help connect Blast builders with audit partners. In the meantime, we are working hard to support the Munchables team in safely distributing funds to users. More details will be shared later this week.


Base network TVL exceeded US$2.8 billion, continuing to hit a record high

On March 27, according to L2BEAT data, Base Network TVL exceeded US$2.8 billion and is now reported at US$2.83 billion, with a 7-day increase of 94.81%, continuing to hit a record high.


Analysis: It is expected that after the US stock market opens tonight, there will be a net inflow of approximately 6,018 BTC into the ETF custody address

On March 27, according to Ember Monitor, Ryder (IBIT) and Fidelity (FBTC) resumed trading last night In the strong inflow situation some time ago, the two companies received inflows of US$440 million. According to the report, the net inflow of ten BTC spot ETFs last night was US$417 million, which corresponds to a net inflow of approximately 6,018 BTC into the ETF custody address after the US stock market opens tonight. Outflows: Grayscale (GBTC) saw outflows of approximately 3,058 BTC; Inflows: the remaining nine ETFs saw approximately 9,076 BTC. The main movers were Fidelity (FBTC) and BlackRock (IBIT), which saw inflows of 6,354 BTC.


Regulatory News


Hong Kong asset management companies VSFG and Value Partners have applied to Hong Kong regulators for Bitcoin spot ETFs

March 27 According to CoinDesk, Hong Kong asset management company VSFG and Value Partners have applied to the Hong Kong Securities and Futures Commission (SFC) for a spot Bitcoin ETF.


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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