Evening News | A hacker exploited the Wintermute vulnerability to steal 20 million OP tokens; Hop token airdrop will open for claims tomorrow
The author of "Snow Crash," Neal Stephenson, has jointly launched the metaverse blockchain Lamina1.Organizer: Nianqing, Chain Catcher
"What important events have occurred in the past 24 hours?"
1. Alibaba Cloud launches NFT solution, providing support for web hosting, digital marketing, and content delivery
Alibaba Cloud has launched its NFT solution "Alibaba Cloud for NFT," which includes web hosting, digital marketing, and content distribution features, aimed at helping users build NFT marketplaces. (Source link)
2. OpenSea updates NFT copyright protection plan, releasing 4 specific measures
OpenSea stated in its official blog that it will make efforts in the second half of the year to protect OpenSea users and NFT copyrights in technical areas, with specific content as follows:
- Theft and fraud issues: OpenSea will automatically hide suspicious NFT transactions to reduce their visibility.
- Internet intellectual property infringement issues: Plans to build proactive solutions in the next quarter, such as creating stronger protection features around trading NFTs, reducing spam, and collaborating with third parties and creators. Additionally, there will be significant expansion in the future for automatic deletion of constructed image detection models.
- Scalable review and management issues: OpenSea has established a dedicated review team and is adding key automated detection methods for copyright issues and other fraudulent media.
- Shortening critical response times: Investing more funds in key areas of user issues, reducing the average response time to less than 24 hours. (Source link)
3. A hacker exploits Wintermute's technical error to steal 20 million OP tokens
A hacker exploited a technical error from cryptocurrency market maker Wintermute to steal 20 million OP tokens, with Wintermute taking responsibility for the incident.
It is reported that to prepare for the launch of OP tokens, the Optimism Foundation invited the cryptocurrency market maker Wintermute to provide liquidity supply services. The Optimism Foundation allocated 20 million OP tokens to Wintermute, but Wintermute later discovered that the wallet address used to receive the loan was inaccessible because it relied on Ethereum L1 multi-signature technology, which had not yet been deployed to Optimism operating as L2. Subsequently, Wintermute began to restore operations, aiming to deploy the L1 multi-signature contract to the same address on L2. An attacker deployed a multi-signature with different initialization parameters on L2 before Wintermute completed the restoration and controlled the 20 million OP tokens. (Blockworks)
4. Proposal initiated by the ApeCoin community to "keep APE in the Ethereum ecosystem" passes with 53.59% support
The proposal initiated by the ApeCoin community to "keep APE in the Ethereum ecosystem" ultimately received 53.59% of the votes in favor, with ApeCoin participants advocating to remain in Ethereum for the foreseeable future. It is reported that this proposal totaled 7.1 million votes, including 3.8 million in favor and 3.3 million against. Additionally, this result is not final, as the community can submit new proposals for further review within a three-month grace period. Previously, the ApeCoin community initiated proposal AIP-41, hoping to keep APE in the Ethereum ecosystem. (Cointelegraph)
5. HopProtocol announces Hop token airdrop will open for claims tomorrow
According to an official Twitter announcement, HopProtocol has announced that the Hop token airdrop will open for claims tomorrow. (Source link)
6. "Snow Crash" author Neal Stephenson and others jointly launch metaverse blockchain Lamina1
Neal Stephenson, author of "Snow Crash," and cryptocurrency pioneer Peter Vessenes announced the launch of the Lamina1 blockchain designed for the metaverse, with both serving as chairman and CEO, respectively. The Lamina1 testnet is planned to launch later this year, with the ultimate goal of creating an immersive 3D virtual world inspired by the novel itself. (Source link)
7. Decentralized hosting solution Entropy completes $25 million financing, led by a16z
Decentralized hosting solution Entropy announced the completion of $25 million in financing, led by a16z, with participation from Coinbase Ventures, Robot Ventures, Dragonfly Capital, Ethereal Ventures, Variant, and Inflection. It is reported that Entropy aims to disrupt the way digital assets are held through its decentralized self-hosting solution. (Techcrunch)
"What are some great articles worth reading in the past 24 hours?"
1. “The story of the 20 million OP tokens lost: An annual confusing operation”
Early this morning, Optimism and market maker Wintermute both released announcements to the community disclosing an incident of 20 million OP tokens being accidentally "stolen." How did this happen? What impact will it have?
2. “The dilemma of white hat rescues: Just notify the project or directly transfer assets?”
Due to the openness and transparency of blockchain, hacker incidents are becoming more rampant. However, a special profession known as "white hat hackers" has emerged. The emergence of white hat hackers can be traced back to the early days of the internet, initially stemming from the Western movie trope of "good guys wear white hats, bad guys wear black hats." In the world of cybersecurity, white hat hackers are recognized as the good hackers. However, in the world of cryptocurrency, the lines between white and black are not so clear. Some hackers exploit vulnerabilities to steal funds and then publicly claim that they will return the funds if rewarded. Through this article, we can glimpse the real stories and dilemmas of this special group.
3. “A comprehensive interpretation of the current state of the NFT market: Who will be the next OpenSea?”
In recent years, NFTs have rapidly swept across various circles as a unique, scarce, and interesting asset class. As of June 1, according to the "On-chain Master NFT Special List Data" from OKLink, the total market value of the NFT market is $16.972 billion, a 533-fold increase compared to $31.7781 million on the same day two years ago.
NFT trading platforms have emerged like mushrooms after rain. By 2022, with the increasing maturity of multi-chain ecosystems, supporting multiple mainstream public chains has become a development goal for many NFT platforms, such as OpenSea beginning to introduce projects on the Solana chain. Based on this, this article investigates, summarizes, and organizes six major blockchains: Ethereum, Solana, Flow, Tezos, Ronin, and Polygon, along with 30 trading platforms.
