Top10 News

1、Bellatrix upgrade of the Ethereum mainnet has been activated, and the "missed block rate" has increased

The Bellatrix upgrade to the Ethereum mainnet was activated this week, but there are still some nodes that have not yet upgraded their clients, resulting in an increase in the network's "missed block rate" (the frequency with which the network is unable to verify the transaction block to be verified). At present, the forecast of the mainnet merge time will be September 15~16, specific attention https://bordel.wtf/.

2、The European Central Bank raises interest rates by 75 basis points and the probability of the Fed raising rates by 75 basis points in September is 86% link

The European Central Bank raised interest rates by 75 basis points on Thursday, its biggest single increase since it began setting monetary policy in 1999. Currently, according to CME's FedWatch, there's a 14% chance the Fed will raise rates by 50 basis points by September, and an 86% chance it will raise rates by 75 basis points. Powell held today at the cato institute, chairman of the federal reserve said on a conference on monetary policy, the new crown flu pandemic lead to tight supply and high inflation, the fed's job is to ensure that the expectations of inflation are anchored, designed to anchor inflation expectations at 2%, history tells us not to prematurely to loosen policy, prepared according to the need to adjust the table size.

3、Binance launched the BAB Token

Binance has launched Binance Account Binding (BAB) Tokens, which enable users to mint BAB tokens on the BNB Chain as identity credentials and receive rewards for participating in building multiple projects. Fourteen Web3 projects in the BNB Chain (ApeSwap, Ultiverse, etc.) will be incentivized for Binance's newly released BAB Token users.

4、Binance to Auto-Convert USDC, USDP, TUSD to BUSD (Binance USD) link

5、Sudoswap publishing protocol governance Token SUDO distribute information, day live users appeared a downward trend

This week Sudoswap issued Token protocol governance SUDO to distribute information, However, perhaps due to the community controversy over the high proportion of tokens allocated to $XMON holders and Oxmons NFT holders, there has been a significant decline in daily active users recently.

6、Poolin wallet withdraw problems and solutions
For this period of time poolin withdraw problem, poolin founder said mainly is the lack of liquidity problems, current assets and enterprise are normal. In addition, Poolin Pool and Poolin Wallet belong to the same brand, but operate independently. Poolin Wallet said it would suspend all withdrawals, flash withdrawals and internal transfers from 10pm on Sept 5. It would continue to explore strategic alternatives with all parties and hoped to provide more detailed information and viable solutions within a week.

7、Merge-related ETH Option positions are still open, but little evidence of exuberant additions.  link

8、Semi-fungible Token Standard ERC-3525 Proposed by Solv Protocol Gets Approved link
Solv Protocol, a platform for minting, trading and managing financial NFTs, announced that the proposal it raised, EIP-3525, which proposed creating a standard for semi-fungible tokens, was approved, and ERC-3525 has officially become a final standard for Ethereum. Semi-fungible tokens will have the quantitative features of ERC-20 and qualitative attributes of ERC-721, and aim to be used to define and implement customizable financial instruments.

9、Frax Finance launches Fraxlend, its own borrowing and lending market link
Frax Finance, the largest fractional algorithmic stablecoin protocol, is launching Fraxlend, a permissionless lending market that allows anyone to lend or borrow assets with any token that is a part of a Chainlink data feed.

10、StarkWare & MakerDao announced that it will support the upgraded Ethereum PoS chain following The Merge, and will exclusively support it going forward.

Fundraising

• Crypto firm 21.co raises $25 million to value it at $2 billion  link

• DeFi investing platform Credix raises $11 million in Series A round  link

• Fuel Labs raises $80 million for modular execution layer, touting superior speed  link

• Gaming firm Gameplay Galaxy raises $12.8 million in seed funding to build decentralized  link

• Web3 data platform Spice AI closes $13.5 million seed round  link

• Mysten Labs, creator of the Sui blockchain, closes $300 million raise led by FTX Ventures   link

• Crypto regtech firm VerifyVASP raises funds at $100 million valuation  link

• Animoca Brands confirms $110 million funding deal with Temasek, Boyu and CGV link

Learn more, check out  crypto-fundraising.info.

Insights

• GOO (Gradual Ownership Optimization)  link

• The Case for Parallel Processing Chains  link

• Playlist V6  link

• Protecting Retail Capital in DeFi - The Promise of Single-Sided Liquidity  link

• The "Free to Own" (F2O) Business Model for Games  link

• CoinMarketCap and Spartan Labs: State of the DeFi Industry Report  link

• The Future Of On-Chain Gaming  link

• Top 5 Ways to Earn OP on Optimism link

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