Morning Post - October 19

headlines

▌ Stephen Chow opened an ins account and released dynamic recruitment of Web3 talents

Stephen Chow opened his first social account on ins, and issued a talent recruitment order, "Looking for outstanding Web3 talents in the dark, to help me build a creative future." The specific requirements include familiarity with Web3, project management experience, brains and kindness . Zhou Xingchi also said that he would pick someone himself.

▌"Boring Ape" BAYC Lianchuang: It is not surprising that NFT has received the attention of the US SEC

Greg Solano, co-founder of Bored Ape Yacht Club, said: "Given everything that is going on, it is not surprising that NFT is getting the attention of the US Securities and Exchange Commission. Policymakers want to fully understand Web3, which is a piece of new and uncharted waters. Yuga Labs, we take our position as an industry leader, and we look forward to the opportunity to work with other industries and policymakers to help shape the ecosystem.” According to previous Bloomberg news, the US Securities and Exchange Commission is investigating the sale of Bored Ape NFT by BAYC’s parent company and ApeCoin tokens, the news sent APE down more than 10%, with some legal experts saying SEC Chairman Gary Gensler is apparently expanding his oversight to include NFTs.

policy

▌U.S. Senate Committee Negotiates SEC Signs Digital Commodity Definition

The U.S. Senate Agriculture Committee is continuing to work on a bill on regulation of the crypto market, but time is running out as the current Congress draws to a close. Among the items under discussion are the SEC’s sign-off before the CFTC defines the token as a digital commodity outside the jurisdiction of the securities regulator.

cryptocurrency

▌Aptos: Over 20.076 million APTs airdropped on the testnet will be distributed to over 110,000 community participants

The Aptos Foundation officially announced that it will announce a total of 20,076,150 APT Token airdrops to 110,235 testnet participants through [email protected]. This is the first time it has airdropped based on existing community data. It is reported that users who have completed the APTOS incentive testnet or minted "APTOS:ZERO testnet NFT" are eligible to claim APT Token (the original users who minted NFT are eligible to claim, not the current owner of NFT). Users who are eligible to claim APT Token will be notified by email within the next few hours.

▌DeFi lending agreement Moola Market was hacked and lost $8.4 million

Moola Market, a decentralized finance (DeFi) lending protocol based on the Celo network, has suspended operations following an $8.4 million hack. According to the analysis by The Block team, the exploiter used 243,000 CELO tokens from Binance, and then lent 60,000 CELOs to Moola, borrowing 1.8 million MOOs as collateral. Use the remaining CELO to drive up the price of MOO and continue to use the borrowed MOO to use it as collateral and borrow all other tokens. The attackers received 8.8 million CELOs (worth $6.5 million), 765,000 cEUR (worth $700,000), 1.8 million MOO (worth $600,000), and 644,000 cUSD (worth $600,000). Moola Market said its team is actively investigating the incident and all activity on the platform has been suspended. At the same time, Moola advises users not to trade related tokens.

▌Facebook parent company Meta joins non-profit organization focused on encryption privacy

Facebook parent company Meta (Meta) has joined the MPC Alliance, a non-profit organization focused on encryption privacy and security. The MPC consortium is made up of 59 members, including Alibaba Group, engineering firm Bosch, and a string of blockchain companies including Bolt Labs, Ciphermode Labs and Partisia Blockchain.