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According to on-chain detective ZachXBT, a Bored Ape Yacht Club owner lost 3 NFTs worth 54.8 ETH (164,000 USD) to a scammer in a phishing attack.

** **User lost 3 "rare" Bored Ape NFTs due to phishing scam

As first reported by on-chain investigator ZachXBT, an NFT investor lost 3 Bored Ape Yacht Club (BAYC) due to a phishing attack. The blockchain detective also noted that the attacker's wallet is linked to BAYC NFT transactions that have been used in previous scams. It is still unclear exactly how this scam occurred

Phishing or spoofing attack is a form of online attack in which a hacker will impersonate a reputable organization or individual to steal user information such as private keys, login names, passwords and many other data. other important documents to carry out illegal transactions or profiteering.

The Bored Ape NFTs being scammed are BAYC #7531, BAYC #6736, and BAYC #2100, valued at 21 ETH ($62,960), 15.8505 WETH ($47,500), and 18 ETH ($54,000), respectively, according to data from NFT exchange OpenSea

Despite the high value of these lost Bored Ape NFTs, the floor price of NFTs in the BAYC collection has largely decreased in recent months. The once famous collection has seen its floor price hit rock bottom in the last 3 years. The floor price of Bored Ape Yacht Club has dropped to 15.09 ETH as of May 8, according to data from The Block. The collection's trading volume ranged from $13.3 million between April 28 and May 5.

As Coin68 previously reported, crypto phishing attacks in 2023 caused losses of about $295 million, affecting a total of 324,000 victims. The highest amount of fraud from a single user last year was $24 million.

In the crypto industry, common tricks used by scammers include compromising a project's website or social media accounts to send traffic to their malicious site, pushing fake token airdrops. go to the website, then comment containing malicious links on social network posts

Coin68 synthesis

The Holy Cat NFT is a collection of 1000 limited edition PFP (Profile Pictures) works of cat spirit animals with cute chibi drawings. The Holy Cat NFT is considered the key to entering Eternals - an "open world" built by the Ninety Eight team over the past 2 years. Let's learn about The Holy Cat NFT with Coin68 through the article below!

** **What is The Holy Cat NFT? The flagship PFP NFT collection in the Eternals ecosystem

Overview of The Holy Cat NFT

What is The Holy Cat NFT?

The Holy Cat NFT is an NFT collection including 1000 limited edition PFP (Profile Pictures) works of cat spirit beast images with cute chibi drawings. The Holy Cat is developed on the Viction network and is the key to entering Eternals - an "open world" built by the Ninety Eight team over the past 2 years.

What is The Holy Cat NFT?

Popular Web2 messaging platforms such as Telegram and WhatsApp often store data on centralized servers, creating security risks for users. In contrast, Web3 messaging software helps mitigate these risks by dispersing data storage and using smart contracts. To support Web3 messaging platforms, SendingNetwork was developed. So what is special about the SendingNetwork project? Let's learn about the infrastructure for Web3 chat software with Coin68 through the article below!

** **What is SendingNetwork (SEND)? Infrastructure development project for Web3 chat software

What is SendingNetwork?

SendingNetwork is a decentralized Web3 infrastructure (DePIN) development project, focused on building a decentralized physical network communication system. SendingNetwork's goal is to create an open and secure Web3 interactive environment, allowing users to chat, transact, and connect to networks smoothly and securely between applications.

Home page of SendingNetwork

SendingNetwork's ethos includes providing customized and easy-to-install chat solutions for Web3 Gaming, wallet and general Dapp developers, as well as providing a comprehensive decentralized chat experience, including including P2P chat network, integrated DID system and decentralized data storage.

Lagrange's latest funding round was led by Founders Fund with participation from 1kx, Maven11, Fenbushi Capital, Mantle Eco Fund.

Lagrange cryptographic protocol completes raising $13.2 million in Seed round

Lagrange Labs, a startup building the Lagrange cryptographic protocol, has raised $13.2 million in a Seed round, led by Peter Thiel's venture capital fund Founders Fund, with participation from Archetype Ventures. , 1kx, Maven11, Fenbushi Capital, Volt Capital, CMT Digital and Mantle Eco Fund (Mantle's Ecosystem Fund).

Besides, there are also some prominent angel investors such as Nikil Viswanathan (co-founder and CEO of Alchemy), Joe Lau (CTO of Alchemy), Sam Blond (partner of Founders Fund), Amrit Kumar (COO of AltLayer ).

The company plans to use this funding to build Zero-Knowledge (ZK) Coprocessor - a form of blockchain technology that expands computing capabilities and data sets for decentralized application (dApps) developers. , will launch on mainnet in 2024.

In the press release, Lagrange Labs said its protocol pioneered one of blockchain's most pressing challenges: increasing the scale of computation that can be performed by on-chain applications, and ZK Coprocessor is the solution to this problem.

ZK Coprocessor is an off-chain network operating with a Parallel solution, consisting of specialized nodes that perform intensive calculations and generate ZK proofs of the results. The network can then send calculation results and proofs back to the on-chain contract, allowing dApps to verify the integrity of the results.

The above process means dApps can access verified calculations, reduce the load on on-chain calculations, and are not dependent on off-chain provers. Prover will be responsible for implementing cryptographic proofs, to condense transaction data and improve scalability.

According to the company's statement, use cases for ZK Coprocessor include on-chain liquidity, running artificial intelligence (AI) or Machine learning (ML) models.

The funding announcement follows several recent milestones for Lagrange, including partnerships with EigenLayer, Base, Frax Finance, Mantle Network, Omni Network and AltLayer, as well as the launch of the first ZK Coprocessor testnet, "Euclidean".

Lagrange was also one of the first AVS to launch on the EigenLayer Mainnet with over $5 billion in ETH retaken in the first 2 weeks, and an additional $2.5 billion in committed restaking from other liquid restaking protocols including ether.fi, Renzo, Swell, Puffer Finance and Kelp DAO.

Coin68 synthesis

The two new platforms fantasy.top and pump.fun continue to hold the attention of the crypto community after their official launch on the Blast mainnet in early May.

fantasy.top - a decentralized exchange (DEX) for trading cards of crypto celebrities - along with pump.fun - a platform that allows users to create and trade memecoin - is currently in the top 10 protocol encryption in terms of transaction fees and revenue generated.

According to data from DeFiLlama, fantasy.top currently holds the No. 7 spot, generating more than 924,000 USD fees in the last 24 hours and over $9.3 million in fees in the past month. Although fantasy.top's parameters are behind the Tron network (TRX), they "surpass" the top DEX on BNB Chain, PancakeSwap.

Meanwhile, pump.fun currently occupies the No. 9 spot, attracting 752,718 USD in transaction fees in just the last 24 hours — the protocol's all-time high — higher than Maker (MKR), the project behind the crypto market's oldest decentralized stablecoin, Dai (DAI).

Notably, both protocol have only been operating for a few months but have quickly attracted a large number of users, leading to a "huge" trading volume in a short time.

fantasy.top built on Blast by anonymous creator Travis Bickle. Initially only launched on the Blast Sepolia testnet, until May 1, 2024, it will be officially deployed on the Blast mainnet.

New users can register if they have an invitation code, then will receive 5 cards of random rarity from common, rare, epic and legendary to start playing. Similar to traditional card collecting, players trade cards with each other, balancing so that they can build a team of the most valuable cards.

pump.fun allows anyone to quickly initialize a memecoin** by providing the token's name, ticker and JPG format image for less than 2 USD**, and the user does not need to provide any seed liquidity. pump.fun also tries to prevent rug pulls as every token launched on the protocol does not have a pre-sale or token allocation to any team member.

Card trading on protocol fantasy.top has gained traction of the crypto community on social network X since the early days of the testnet in April, thanks to "promotional" posts by major influencers (KOLs) in the field such as cryptocurrency trader Ansem.

The explosion of fantasy.top and pump.fun is reminiscent of the early friend.tech platform with encouraging KOLs to use and promote the application, in order to promote the fomo of KOL keys, thereby bringing great success to the project.

As of the time of writing, 339,500 NFT have been minted with about 32,000 active users. On average, 3 new people join the fantasy.top every 1 minute

Coin68 Synthesis***

Arbelos Markets aims to overcome the consequences of the 2022 liquidity crisis from Genesis/FTX and improve user confidence through new trading tools.

Two former members of Genesis and LedgerPrime raised $28 million for Arbelos Markets

Arbelos Markets, a cryptocurrency margin trading company founded by digital asset derivatives market veterans Joshua Lim and Shiliang Tang, has successfully raised $28 million beyond initial expectations .

The funding round includes Seed equity and debt financing led by crypto venture capital firm Dragonfly Capital. There is also participation from various investors: Room40 Ventures, Selini Capital, Breed VC, corporate partners FalconX, Circle Ventures, Paxos, P2 Ventures (formerly Polygon Ventures), Deribit, Chorus One , StarkWare, Immutable, and angel investors in Aevo, Cega, Talos, Amberdata, Framework.

This capital will be used by Arbelos Markets to strengthen its staff, expand operations into new markets and provide products with more features. Currently, the project has 12 employees, mostly technical and experienced in the field of quantitative trading.

Arbelos Markets was founded in the British Virgin Islands, by two former core members of Genesis and LedgerPrime, Joshua Lim - Shiliang Tang, with the aim of filling the gap caused by the liquidity crisis in the cryptocurrency industry. 2022, and improve trust by providing customers with ways to hedge risks through crypto derivatives and options.

Before founding Arbelos at the end of 2023, Shiliang Tang served as Chief Investment Officer and Managing Partner at digital asset investment firm LedgerPrime - a subsidiary of the established exchange. bankruptcy of FTX. Joshua Lim is Director of Trading Strategy at Galaxy Digital and Head of Derivatives at now-defunct cryptocurrency lender Genesis Global Trading - part of the Digital Currency empire Barry Silbert's Group (DCG) - also suffered in the 2022 liquidity crisis.

Both are deeply involved in the OTC trading space and have witnessed firsthand the severe failures in the previous crypto cycle, which were caused by a lack of transparency leading to industry-wide concentration of risk. Many traders use The same partners as Three Arrows Capital (3AC) and Alameda Research were then involved in the same transactions, so a single failure could cause a "domino" crisis.

Arbelos Markets aims to solve this problem with a "transparency engine", allowing clients to independently verify Arbelos' risk profile, balance sheet and potential counterparties in real time, simulated similarly to popular on-chain tools in the crypto field.

"Crypto needs to develop a few more levels to have a stable position in the investment portfolios of macro investment organizations. To achieve that, there must be an effective risk transfer mechanism between participants." Market participants are trading crypto at the moment.

Our core principle at Arbelos Markets is to find solutions and ways to prevent what happened in the previous cycle."

Arbelos Markets will focus on popular derivatives products such as options, futures and OTC trading to provide liquidity for institutional crypto transactions such as hedge funds, public companies, etc. venture capital company. This makes them a competitor to "senior" cryptocurrency traders such as Cumberland (a subsidiary of DRW), and also to traditional companies participating in this crypto market such as Jane Street - where Sam Bankman-Fried used to work.

Although Arbelos Markets completed its funding round in mid-2023, since then it has largely operated behind closed doors, with the majority of capital raised in the form of debt to facilitate trading capabilities. According to a report by Arbelos Markets, since its launch in the third quarter of last year, the company has generated approximately $25 billion in derivatives trading volume, becoming one of the leading liquidity providers (LPs) in the industry. cryptocurrency sector.

Coin68 synthesis

After the Bitcoin halving event in April, we have seen that BTC prices no longer go up as before, even with strong "crashes"

However, hot hit names of memecoin trends such as WIF, BOME, PEPE or BONK are still helping ecosystems attract a certain amount of cash flow, along with the growth of the number of new wallets and users. From TON, Base to Blast,... are all blockchains that are fiercely competing for memecoin "piece of cake". So will memecoin wave still be attractive? 👀

In today's video, Coin68 TV will share with you a memecoin that has the potential to explode on the new ecosystem called Ancient8, which is Hairy The Bene (HAIRY).

According to Axios, former US President Donald Trump is planning to spend the trial break having dinner with fans who bought his "Mugshot Edition" NFT

Trump flew back to Palm Beach, Florida, on May 7, 2024, to meet with his supporters for a dinner at Mar-a-Lago the following evening. Those invited to the dinner bought more than 47 NFT separately for USD 99 a NFT, citing copies of dinner invitations.

On May 7, the presidential candidate reportedly complained outside court that he wanted to campaign rather than attend a trial he described as a "hoax." Trump is currently in his first criminal trial in New York on 34 felony charges related to falsifying business records in order to conceal a gag money payment to adult film actor Stormy Daniels during the 2016 campaign

The Mugshot collection commemorates a pivotal moment in history for the former President — he was formally arrested in Fulton County, Georgia, U.S. on Aug. 24, 2023. "Mugshot" NFT use his mugshots from the 2023 arrest

At the time, he was accused of conspiring to overturn the results of the 2020 U.S. election, which has yet to go to trial. The company behind previous NFT has claimed no direct involvement with Trump's campaign.

In December 2023, Donald Trump adds a limited edition to the collection, which includes the privilege of owning NFT "prison photos" as his suit.

As Coin68 reported in April 2023, former US president Donald Trump continues to roll out his second NFT collection, despite criminal indictments. According to data from OpenSea, his first NFT collection was an unexpected success with 45,000 "sold out" NFT just a few hours after its launch on December 16, 2022. The former president later issuance the NFT on the Ordinals.

From his fierce anti-crypto stance during his time in the White House, Trump in the period of 2023 - 2024 has changed his attitude to praising Bitcoin as a "useful form of currency", as well as opposing the US administration's plan to issuance CBDC digital currency.

Coin68 Synthesis***

Indonesia's Commodity Futures Trading Authority has established the Crypto Assets Committee in the context of cryptocurrencies being considered a commodity in Indonesia.

Indonesia establishes Crypto Assets Committee

Indonesia's Commodity Futures Trading Authority, also known as Bappebti, has established a separate committee dedicated to monitoring the development of the crypto market, according to an announcement on May 4. .

Because it is considered a commodity in Indonesia, crypto falls under the scope of Bappebti's management. Under regulations issued in January, the Crypto Assets Commission was established

The Crypto Assets Committee includes representatives from Bappebti, government ministries, crypto exchanges, payment institutions, associations, academia and relevant experts. This committee will analyze market reports, manage the central database, evaluate the risks of Crypto Assets and have the right to propose adding or removing Assets from the list.

Ms. Olvy Andrianita, Bappebti Secretary, said that the Crypto Assets Committee is an integral part of the Crypto Assets ecosystem in Indonesia, adding:

“Bappebti has been and continues to make many efforts to develop the Digital Asset market in Indonesia, including the establishment of this Crypto Asset Committee. The general principle is that all activities are carried out aims to provide maximum protection for consumers and ensure business certainty for businesses,”

Mr. Kasan, head of Bappebti, spoke at the opening ceremony of the BLK 2024 event in Jakarta:

“This committee will be the vanguard, ensuring the crypto industry operates smoothly and complies with the current regulatory framework. Therefore, optimizing the role of the Crypto Commission needs to be focused to effectively monitor and develop the current Crypto Asset ecosystem in Indonesia."

BLK 2024 is an event organized to raise awareness about digital currencies and promote the development of the Digital Asset market in Indonesia

Indonesia is indeed showing strong support and determination in developing the crypto market in its country. This is demonstrated through Indonesia's national crypto exchange that went into operation in July 2023 and gave the "green light" to 501 crypto coins.

Coin68 synthesis