Finishing: Cookies, ChainCatcher
1. Bloomberg: Hashkey Group plans to raise $100 million to $200 million at a valuation of over $1 billion
According to Bloomberg, citing sources, Hashkey Group is in early-stage negotiations and plans to raise $100 million to $200 million at a valuation of more than $1 billion. Hashkey currently operates one of only two licensed digital currency exchanges in Hong Kong.
The source added that progress is being made on the deal, but terms such as size and valuation could change as they have not yet been finalized. (Source link)
2. Alliance DAO announces 16 Web3 accelerator projects, including Caldera, Wallchain, etc.
ChainCatcher reported that Techcrunch reported that Alliance DAO announced 16 projects selected for the Web3 accelerator and builder community (ALL10), including blockchain data ChatGPT platform Teablocks, Bitcoin wallet Xverse, ZK rollups as a service Snapchain, carbon credit manual labor proof protocol Glow, ZK-based AI project Modulus Labs, Web3 AI community management tool AwesomeQA, on-chain composable game Primodium, wallet management tool Fountain, perpetual synthetic options Itos, user research tool Dataleap, Layer2 development platform Caldera, anti-MEV solution Wallchain, application chain payment solution Singularity, dApp communication solution Hashmail, blockchain data platform Defined, Web3 fraud prevention plug-in Pocket Universe.
It is reported that Alliance DAO invites Web3 founders to participate in a three-month program twice a year. This time, there were a record 1,692 applications, an increase of 77.5% over the previous one. (Source link)
3. Scroll Co-founder: The first priority is to launch the mainnet as soon as possible, with over 4 million unique wallet addresses on the testnet
Scroll co-founders Ye Zhang and Sandy Peng shared Scroll's project progress and ecosystem development in the past year on Anna Rose's Zero Knowledge Podcast, as well as Scroll team building, the current Layer2 landscape, Scroll's achievements in hardware acceleration and future technology roadmap.
Ye Zhang said that Scroll’s top priority is to launch the mainnet as soon as possible. The team has sent the circuit to the auditing company. The next step will be to implement a decentralized prover and finally design a decentralized sorter.
Sandy said that the Scroll test network currently has more than 4 million unique wallet addresses, processes more than 500,000 transactions per day, and more than 100 projects have submitted information to the official. (Source link)
4. OpenAI CEO seeks nearly $100 million in financing for its crypto project Worldcoin, which is planned to be launched in the next few weeks
According to the Financial Times, citing people familiar with the matter, Worldcoin, a cryptocurrency company founded by OpenAI CEO Sam Altman, is in advanced talks to raise $100 million in new funds, ready to launch in the coming weeks and start trading in the next six weeks. Investors include Khosla Ventures and Andreessen Horowitz's crypto funds.
Founded in 2019 by Alex Blania and Altman, Worldcoin plans to use eye-scanning technology to create a global identification system that can be used to freely use its own global currency, Worldcoin. According to The Information, a $100 million token sale early last year valued the company's total token supply at $3 billion. (Source link)
5. Li Lin responded: I hope Huobi will provide evidence. If it is true, I will personally pay 10 times the HT
Justin Sun tweeted, "Li Lin's brother Li Wei has repeatedly obtained a large amount of zero-cost HT through abnormal means. He has sold it on the Huobi platform many times in history and made huge withdrawals. This has not only tarnished Li Lin's reputation accumulated over the years in China, but also harmed the interests of everyone in the HT community. The Huobi Global Advisory Committee and the HT DAO community have decided to recover and destroy the HT that Li Wei obtained at zero cost. The HT destruction will be announced in the HT community. Such behavior will not be tolerated."
Li Lin responded: "It is a pity to discuss Huobi again in this way about the so-called my brother Li Wei obtaining HT by abnormal means (including in history). I hope Huobi will provide evidence. If it is confirmed that the zero-cost HT was obtained through illegal means, I will personally pay 10 times the HT to Huobi. If it is not true, I hope Huobi will return the legal assets of users :) I believe this should be a misunderstanding. I hope Huobi will get better and better in the future." (Source link)
6. Optimism will unlock approximately 154 million OP tokens on May 31, worth approximately $278 million
According to Token Unlocks data, Optimism will unlock 154,618,822.65 OP tokens on May 31, equivalent to $278 million, accounting for 3.6% of the total supply. Among them, 81,604,379 OP tokens are unlocked by core contributors and 73,014,444 OP tokens are unlocked by investors.
Previously, Optimism tweeted that the circulation of OP will increase on May 31, and in the two weeks before that, users may notice a large number of on-chain transfers, which are planned transactions in preparation for distribution. (Source link)
7. Hong Kong Monetary Authority: Launches the "Digital Hong Kong Dollar" pilot program, with application scenarios including Web3 transactions and tokenized asset settlement
The Hong Kong Monetary Authority (HKMA) today announced the launch of the "Digital Hong Kong Dollar" pilot program. 16 selected companies from the financial, payment and technology sectors will conduct the first round of trials this year. In-depth research will be conducted on the potential use cases of the digital Hong Kong dollar in six areas, including comprehensive payments, programmable payments, offline payments, tokenized deposits, third-generation Internet (Web3) transaction settlements and tokenized asset settlements.
HKMA Chief Executive Eddie Yue said: "Although the HKMA has not decided whether or when to launch the digital Hong Kong dollar, we are pleased to launch the digital Hong Kong dollar pilot program. This is a good opportunity for the HKMA to work with the industry to explore innovative use cases and prepare for the possible launch of the digital Hong Kong dollar in the future." (Source link)
7. ParaSpace co-founder Jay and others apologized to the community and resigned from their positions
Jay, co-founder and advisor of NFT lending protocol ParaSpace, tweeted: “Earlier today, I resigned from my position at ParaSpace along with other team members. While we are still working on our solution, I want to take a moment to apologize to the community for our internal affairs that affected our users - this was never intended to be a public issue and it should have been resolved internally. I’m sorry that this was not the case. I sincerely hope that Yubo and ParaSpace move forward.”
Earlier, Yubo, the founder of ParaSpace, tweeted that he has been working closely with institutional partners to increase platform liquidity and reduce interest rates. In the future, he will form an international team and bring more transparency to the community.
It is reported that ParaSpace has successfully deployed the protocol on the Arbitrum network and will carry out more cooperation with the Arbitrum team. (Source link)
8. Tornado Cash suffered a governance attack, and the attacker has withdrawn and sold about 10,000 TORN
Paradigm researcher Samczsun tweeted that at 15:25 on May 20, 2023, Tornado Cash suffered a governance attack. The attacker granted himself 1.2 million voting rights through a malicious proposal, exceeding approximately 700,000 legitimate votes and gained governance control.
This means that an attacker can: withdraw all locked votes; drain all tokens from the governance contract; and disable the router. However, an attacker cannot drain individual pools.
It is reported that the attacker has withdrawn and sold about 10,000 TORN so far. (Source link)
9. Axie Infinity launches iOS version in Latin America and Asia, AXS rises by more than 17% in a short period of time
Axie Infinity: Origins is now available on the Apple App Store in select markets. While publisher Sky Mavis is planning a global iOS release, players in Latin American and Asian markets including Argentina, Colombia, Peru, Mexico, Venezuela, Indonesia, Malaysia, and Vietnam will be first to gain access.
According to market conditions, Axie Infinity token AXS has risen by more than 17% in a short period of time and is now trading at $7.95. (Source link)
10. Offchain Labs distributes approximately $700 million worth of ARB tokens to 34 addresses
According to Spot on Chain data, a total of approximately 602 million ARB (worth $698 million) has been distributed to 34 addresses (likely investors) in the past 12 days. Currently, there is no further transfer behavior from the addresses that received ARB. (Source link)