Daily Report | Unibot suffers nearly $600,000 in losses due to attack; Stelo Labs, a Web3 security company led by a16z, announces termination of services

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1 year ago

Compiled by: flowie, ChainCatcher


"What important events have occurred in the past 24 hours"

Compiled by: flowie, ChainCatcher


"What important events have occurred in the past 24 hours"

1. Unibot Under Attack, Vulnerability Issue Not Completely Resolved

ChainCatcher News Flash: This afternoon, according to snailnews, Unibot may have been under attack. Users are advised to be cautious about their security. On-chain data shows that it has currently lost nearly 200 ETH.

Subsequently, the official X account of Unibot responded, "We encountered a token approval vulnerability in our new router and have temporarily suspended our router to contain the issue. Any fund losses caused by our new router's mistake will be compensated. Your keys and wallets are safe. We will provide a detailed response after the investigation."

However, PeckShield Alert tweeted that the wallet 0xA6C9...90fB's Unibot was drained and more Unibot was purchased in the same vulnerable wallet and drained again. Please revoke authorization for the Unibot contract (0x126c9FbaB3A2FCA24eDfd17322E71a5e36E91865) as soon as possible.ChainCatcher News Flash: Satoshi Nakamoto published the Bitcoin white paper "Bitcoin: A Peer-to-Peer Electronic Cash System" on the P2P foundation website, marking the 15th anniversary of its release.

0008 US dollars. If calculated according to the historical high price of 68,789 US dollars, Bitcoin has risen more than 43 million times. As of the time of publication, the current price of Bitcoin is 34,356 US dollars. Nansen: In the past 3 days, FTX transferred 1.$5.6 billion in cryptocurrency assets.According to ChainCatcher, Nansen statistics show that in the past 3 days, funds continue to be transferred to FTX, including 695,000 PERP ($423,000), 767,000 BICO ($182,000), 833,000 KNC ($616,000), 108 million TRU ($420,000), 138,000 BAND ($221,000), 2.5 million GRT ($273,000), 845 MKR ($1.17 million), 7.16 million RNDR ($17.8 million), 10.5 million USDC, 23,000 MATIC ($15,000), 9.5 million REN ($500,000), 1.1 million ETH ($2 million). In addition, there are 1.6 million SOL ($57.6 million) that began the unstaking process yesterday. At the time of writing, these funds have not yet left the wallet, but if the transfer begins, the total amount of SOL transferred by FTX will be close to $90 million. If we include the unstaking of SOL and the new assets transferred from FTX to Coinbase and Binance, the total amount of new funds transferred by FTX now stands at $1.56 billion. [Source](https://twitter.com/nansen_ai/status/1719292072447049903)According to ChainCatcher, Nansen statistics show that in the past 3 days, funds continue to be transferred to FTX, including 695,000 PERP ($423,000), 767,000 BICO ($182,000), 833,000 KNC ($616,000), 108 million TRU ($420,000), 138,000 BAND ($221,000), 2.5 million GRT ($273,000), 845 MKR ($1.17 million), 7.16 million RNDR ($17.8 million), 10.5 million USDC, 23,000 MATIC ($15,000), 9.5 million REN ($500,000), 1.1 million ETH ($2 million). In addition, there are 1.6 million SOL ($57.6 million) that began the unstaking process yesterday. At the time of writing, these funds have not yet left the wallet, but if the transfer begins, the total amount of SOL transferred by FTX will be close to $90 million. If we include the unstaking of SOL and the new assets transferred from FTX to Coinbase and Binance, the total amount of new funds transferred by FTX now stands at $1.56 billion. [Source](https://twitter.com/nansen_ai/status/1719292072447049903) 4. Lightning Network Taproot Assets ecosystem Nostr Assets has distributed the first token airdrop.According to ChainCatcher, Nansen statistics show that in the past 3 days, funds continue to be transferred to FTX, including 695,000 PERP ($423,000), 767,000 BICO ($182,000), 833,000 KNC ($616,000), 108 million TRU ($420,000), 138,000 BAND ($221,000), 2.5 million GRT ($273,000), 845 MKR ($1.17 million), 7.16 million RNDR ($17.8 million), 10.5 million USDC, 23,000 MATIC ($15,000), 9.5 million REN ($500,000), 1.1 million ETH ($2 million). In addition, there are 1.6 million SOL ($57.6 million) that began the unstaking process yesterday. At the time of writing, these funds have not yet left the wallet, but if the transfer begins, the total amount of SOL transferred by FTX will be close to $90 million. If we include the unstaking of SOL and the new assets transferred from FTX to Coinbase and Binance, the total amount of new funds transferred by FTX now stands at $1.56 billion. [Source](https://twitter.com/nansen_ai/status/1719292072447049903) 4. Lightning Network Taproot Assets ecosystem Nostr Assets has distributed the first token airdrop.

ChainCatcher message, Lightning Network Taproot Assets ecosystem Nostr Assets announced the launch of Taproot Assets on the mainnet.

In addition, Nostr Assets announced the first Taproot Assets token airdrop in a Halloween style. If you have participated in Nostr's recent activities, you may have a qualifying Nostr address.

However, it should be emphasized that these tokens are only for testing, trial, or entertainment purposes and do not have intrinsic value and should not be considered as financial instruments or investments.

To prevent risky behavior, some restrictions have been put in place at this stage.

Nostr Assets is an open-source protocol that introduces Taproot assets and Satoshis (Bitcoin units) into the Nostr ecosystem. Once the assets are introduced, users can send and receive them at the Nostr protocol layer using Nostr's public and private keys. The settlement and security of the assets still rely on the Lightning Network, and the Nostr asset protocol itself does not issue assets, but rather introduces them into Nostr through the protocol. xyz和Stelo API。Stelo表示,当其开始研究Stelo时,“希望解决围绕安全性和可用性的硬技术和设计问题,不过,在构建Stelo产品套件一年后意识到,此前做出的许多假设最终被证明是不正确的,比如交易安全会产生数据网络效应”,“每个加密货币用户都会有一个独立的钱包”,“消费者加密货币的采用指日可待”。

Stelo Labs表示,将在接下来的几周内分享更多计划。据加密数据平台RootData显示,2023年2月份,Stelo Labs曾完成了600万美元种子轮融资,a16z领投。

Stelo Labs has announced that it will share more plans in the coming weeks. According to the cryptocurrency data platform RootData, in February 2023, Stelo Labs completed a $6 million seed round of financing, led by a16z.

(source link)

8. OPNX Co-Founder Offers to Acquire CoinFLEX Creditors: Offering 25% Equity and 1 Billion OX Tokens

(source link)

9. The Federal Reserve will announce its latest interest rate decision on November 2, with a 98.4% probability of maintaining the interest rate unchanged.

ChainCatcher news, according to CME FedWatch: The probability of the Fed maintaining the interest rate unchanged in the range of 5.25%-5.50% this week is 98.4%, and the probability of raising the interest rate by 25 basis points to the range of 5.50%-5.75% is 0.0%. The probability of maintaining the interest rate unchanged until December is 74.5%, the cumulative probability of a 25 basis point rate hike is 24.3%, and the cumulative probability of a 50 basis point rate hike is 0.0%. The Federal Reserve will announce the interest rate decision from November 1 to November 2 at 2:00 on November 2. (Source link) "Which wonderful articles are worth reading in the past 24 hours" 1. "Vitalik's latest long article: "Sorting out the differences of various L2". In his latest blog post, Vitalik discusses his understanding of various L2 solutions. He states that the ZK-EVM rollup ecosystem, represented by StarkNet, Arbitrum, Optimism, and Scroll, is progressing rapidly and continuously improving its security. Some teams are building sidechains and starting to build rollup solutions (such as Polygon), while some L1 projects are trying to move towards validity verification (such as Celo), and there are also new attempts (such as Linea, Zeth...). However, one of the inevitable results is that we see L2 projects tending to become more heterogeneous. In addition, he also emphasizes the complex trade-offs between rollup solutions, validiums, and other systems for specific applications. Which one is reasonable for them in these complex trade-offs? 2. "Article 2104850"com/article/2104850" data-mce-style="font-size: inherit; font-family: PingFang SC,Helvetica Neue,Helvetica,Arial,Hiragino Sans GB,Heiti SC,Microsoft YaHei,WenQuanYi Micro Hei,sans-serif;">Crypto Company Edition: Startups Should Start with Unscalable "Stupid" Things

Exactly 10 years ago, Paul Graham wrote an article titled "Do Things That Don’t Scale," which is the most important article launched by Y Combinator for the startup community.The core idea is that startups in the early stages must: 1) manually recruit users; 2) manually provide extraordinary experiences for users. These are things that almost no big company would do, and therefore are considered unscalable "stupid" things.

Since founding AllianceDAO 3 years ago, AllianceDAO has been considering whether these suggestions are applicable to crypto startups. After 3 years and the development of nearly 200 startups, AllianceDAO has enough data points to answer this question.


3、《How to Objectively Address the Technological Innovations and Challenges in the Bitcoin Ecosystem?

Recently, a batch of projects has emerged around technological innovations such as Ordinals, Lightning Network, Taproot Assets, RGB protocol, etc. Whether it's narrative overflow or technological breakthrough, explorers, speculators, and critics in the Bitcoin ecosystem have always coexisted. So, how should we objectively address the current situation and future of the Bitcoin ecosystem? Crypto columnist Haotian has provided a brief analysis in the article.

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