Quick Take Crypto.com suffers a $34 million hack due to an exploit related to 2FA. Multichain urges users to revoke token approvals amid smart contract vulnerability. The Gas Station Network adds support for meta transactions on Optimism. Drips Network launches its protocol for streaming payments and NFT memberships.   Read more: https://ether.fm/144

Ethereum Daily - Crypto News Briefing

Hackers Siphon 600Ξ From Multichain Exploit

Quick Take Ethereum’s price falls by 15% amid a sell-off in tech stocks affecting global markets. Meta, Facebook's parent company, is reportedly working on its own NFT marketplace. Adidas Originals releases a new NFT collection in collaboration with Italian-luxury brand Prada. NFT lending protocol Themis has launched on mainnet   Read more: https://ether.fm/143

ETH Tumbles Amid Market Sell-Off

Quick Take Twitter rolls out verified NFT profile pictures for Twitter Blue subscribers. ENS releases a first version toolkit for offchain resolution of domain names. BitDAO opens a proposal for a $200 million zkSync development fund. NounsDAO gives Bud Light a beer-themed Noun in exchange for a Super Bowl commercial feature. Read more: https://ether.fm/142

Twitter Rolls Out Verified NFT PFPs

Quick Take OpenSea acquires crypto wallet Dharma Labs for an estimated $110 million. Coinbase NFT announces a partnership with Mastercard to support credit card purchases. Aave governance votes to deploy V3 on Arbitrum and Optimistic Ethereum. Optimism announces they are working on an additional 30% reduction on transaction fees.   Read more: https://ether.fm/141

OpenSea Acquires Dharma Labs

Quick Take OpenSea releases a list of 20 initial members for its NFT Security Group. Optimism-based dex ZipSwap raises 1100Ξ through an Initial Liquidity Offering (ILO). Snapshot announces release of Snapshot X, a voting framework built on StarkNet. Argent adds support for Aave to its zkSync wallet.   Read more: https://ether.fm/140

Optimism-Based DEX ZipSwap Raises 1100Ξ

Quick Take Adidas enters into web3 with a teased partnership with BAYC, PUNKS Comic, and Gmoney. ConstitutionDAO’s $PEOPLE token surges to a new ATH of $0.169 despite the DAO’s closure. Universe.xyz marks the first NFT marketplace to launch on Optimism. Zapper Finance surpasses 1 million MAUs and $10 billion in total transaction volume.   Read more: https://ether.fm/089

Adidas Partners With BAYC And Punks Comic

Quick Take Crypto Twitter debates over leading L1 solutions amid rising transaction fees. DeFrag launches a lending protocol for NFT loans backed by put options. Polygon submits a proposal to deploy Uniswap on the Polygon PoS network. Rarible launches a messaging feature that lets users communicate directly on the marketplace.   Read more: https://ether.fm/083

Crypto Twitter Debates Over L1 Blockchains

Quick Take ConstitutionDAO loses the auctioned U.S. Constitution to Citadel CEO Ken Griffin. TIME Magazine adds ETH to its balance sheets from a partnered deal with Galaxy Digital. Aave launches its institutional arm Aave Arc to provide a regulated sandbox for DeFi. Connext Network adds support for bridging to Optimism directly from other sidechains and L2s   Read more: https://ether.fm/079

ConstitutionDAO Loses Auction To Citadel CEO

Quick Take ConstitutionDAO raises over $40 million. StarkWare releases StarkNet Alpha 4 on the Gorli testnet. ConsenSys raises $200 million at $3.2 billion valuation. Polygon commits $1 million to Gitcoin grants.   Read more: https://ether.fm/078

ConstitutionDAO Raises $40 Million

Quick Take NFT aggregator Genie.xyz is now live for all users. Saddle Finance reveals the launch of its $SDL governance token and airdrop. OKEx, Houbi Global, and Blockchain.com will add support for direct fiat off and onramps to zkSync. Polygon reveals plans for Polygon Miden, a STARK-based EVM-compatible Rollup.   Read more: https://ether.fm/077

Polygon Reveals Miden ZK-Rollup Solution

Quick Take Paraswap launches $PSP token airdrop, but less than 2% of wallets on the exchange are eligible. MetaMask works with Ledger and releases fix for Chromium connectivity issues. Uniswap adds support for single basis point liquidity pools to help reduce slippage on stablecoins. Argent releases Argent X, its first StarkNet browser wallet.   Read more: https://ether.fm/076

ParaSwap Airdrop Only Reaches 20k Users

Quick Take Ethereum Name Service (ENS) launches its public token airdrop to more than 137k wallets. Matter Labs raises $50 million in Series B funding for its zK-Sync scaling solution. Coinbase releases a fully standalone Coinbase Wallet browser extension. Across Protocol launches an Arbitrum to L1 Ethereum fast bridge. Apple CEO Tim Cook admits he owns Bitcoin and Ethereum.   Read more: https://ether.fm/070

57k Wallets Claim $ENS Token Airdrop

Quick Take Axie Infinity launches “Katana” DEX built on the Ronin side chain. Loopring surges amid speculation of GameStop NFT marketplace partnership. Nethermind adds composability support to its Warp EVM to Cairo transpiler. Immutable partners with instant gaming company Playco to support NFTs across mobile games.   Read more: https://ether.fm/065

Axie Infinity Launches “Katana” DEX

Quick Take Ethereum Name Service (ENS) launches a DAO and governance token airdrop to .ETH domain holders. The Chicago Mercantile Exchange (CME) will offer Ethereum micro futures starting December 6th. MakerDAO releases the Dai Direct Deposit Module (D3M) on Aave. Coinbase has launched Bitcoin-backed loans of up to $1 million without a credit check.   Read more: https://ether.fm/062

CME Announces Ethereum Micro Futures

Quick Take Investors of dog-themed project AnubisDAO were rugged out of $60 million. Cream Finance was hacked for $130 million, marking the protocol’s third hack this year. Uniswap surpasses $500 billion in total trading volume. DevconVI is planned for Fall 2022 in Bogota, Colombia.   Read more: https://ether.fm/060

$60 Million Vanishes From AnubisDAO Liquidity Pool

A daily new briefing covering the latest in Ethereum. Tune in for updates about the world's second largest cryptocurrency, covering decentralized finance, blockchain technology, web3 infrastructure, NFTs, governance, and security. Subscribe to our newsletter: https://blog.ether.fm

hubhopper

Ethereum Daily - Crypto News Briefing

hubhopper