bidding

ChainCatcher news, according to analyst @mlmabc, digital asset service provider Flowdesk won the "FLOW" code in the latest Hyperliquid ticker auction with a bid of 779.87 HYPE.On the 29th, Flowdesk also spent 9999 HYPE to purchase Hypurr #21 NFT.

ChainCatcher news, according to market news, the validator community of Hyperliquid has selected Native Markets to receive the long-term reserved USDH trading code. This week-long competition attracted many giants in the stablecoin and cryptocurrency infrastructure sectors to participate in the bidding, and it has now come to a close.In the post announcing the results, Native Markets stated that it will immediately launch a phased rollout plan, starting with a small-scale minting and redemption testing phase, followed by the opening of the USDH/USDC spot trading pair, and finally lifting the limits. The team views the limits as a safety check before the full launch and indicated that the related activities should "start within a few days."According to the proposal, Native Markets' USDH will be natively issued on Hyperliquid's HyperEVM network, with reserves managed by both off-chain and on-chain assets, and it is explicitly planned to allocate reserve earnings to the HYPE buyback and the expansion of USDH circulation.The stablecoin will be "initially fully backed by off-chain reserves managed by BlackRock and on-chain reserves managed by Superstate through Bridge, with cash and U.S. Treasury equivalents."

ChainCatcher news, according to usdhtracker data, Hyperliquid stablecoin USDH currently has 70.55% of the staking share support in the bidding for Native Markets, with 10 out of 18 node validators indicating they will support Native Markets.

ChainCatcher news, Paxos Labs co-founder bhau posted on the X platform, seemingly acknowledging the failure of the USDH bidding and thanking the community for their support. He stated that the initial purpose of proposing USDH was to directly engage and understand the Hyperliquid community's demand for ecological stablecoins. In just the past week, he has deepened his understanding of what truly matters. Although the proposal is currently locked, this is just the beginning of ongoing dialogue, and Paxos will continue to be a contributor to the ecosystem, with the goal not only to win governance votes but also to grow the ecosystem.Paxos's official Twitter account posted on the X platform, stating that the validator voting for the USDH proposal may have already ended, and re-staking will be open until this Sunday. According to the latest USDH bidding data, Native Markets currently holds 70.31% of the staked share support, while Paxos Labs ranks second with 16.79% of the staked share support.

The founder of Ethena announced today the withdrawal from the Hyperliquid USDH stablecoin issuance bid, giving the opportunity to the Native Markets team. After direct communication with the community and validators, Ethena accepted criticism regarding its "non-Hyperliquid native team" and other aspects.Despite withdrawing from the bid, Ethena stated that it will continue to develop all originally planned products, including the hUSDe native synthetic dollar, USDe-supported savings and card payment products, hedging liquidity on Hyperliquid, and innovative solutions based on the HIP-3 market.

ChainCatcher news, stablecoin issuers Paxos, Frax Finance, Agora, and others are competing for the issuance rights of the upcoming USDH stablecoin from Hyperliquid. Hyperliquid announced this plan last Friday, stating that the goal is to launch a "USD stablecoin that prioritizes Hyperliquid, aligns with Hyperliquid's philosophy, and is compliant," and has reserved the USDH token code for this purpose.Hyperliquid invites teams to submit proposals, with the winner to be selected through validator voting, gaining the right to purchase the token code and issue the token. Paxos submitted a USDH bidding proposal yesterday, promising to provide compliance with the MiCA and GENIUS acts, support for native deployment on HyperEVM and HyperCore, and to allocate 95% of interest income for HYPE token buybacks, redistributing the repurchased tokens to "ecosystem programs, partners, and users."Frax proposed a "community-first" proposal, planning to peg USDH to frxUSD at a 1:1 ratio, with frxUSD backed by BlackRock's yield-generating on-chain treasury fund. Frax stated, "100% of the underlying treasury yield will be directly distributed to Hyperliquid users through on-chain programmatic means, with Frax charging no fees."Hyperliquid's current stablecoin deposits can generate an annualized yield of $220 million. Agora has also formed a joint bidding team for USDH, committing that "100% of net income" from USDH will be allocated to Hyperliquid for platform assistance funds or HYPE token buybacks. Ethena Labs has also hinted at possibly submitting a USDH proposal on the X platform.Hyperliquid requires companies to submit proposals by September 10 (Wednesday), with voting taking place on September 14 (Sunday). The Hyperliquid Foundation stated it will "effectively abstain" from participating in the vote.

ChainCatcher news, at the recent Consensus conference held in Toronto, Canada, Bitget's Chief Operating Officer Vugar was interviewed by Cointelegraph, sharing his observations on the changing behavior of retail investors in the current crypto market. He pointed out that due to the impact of the last market cycle, stock market volatility, and global macro uncertainties, retail investors' risk appetite has significantly decreased, and investment strategies are shifting from high-risk speculation to more rational and sustainable paths. To adapt to this trend, Bitget is accelerating the expansion of payment and application services, including stablecoin solutions and products like Bitget Pay, aiming to meet users' diverse needs in daily consumption and asset allocation.Vugar also stated that the crypto market is gradually moving away from the traditional "bull-bear cycle" model, transitioning to a structured development composed of multiple "phased markets." "In the future, we may no longer experience distinctly defined bull or bear markets, but rather a more fragmented and dynamic market rhythm."He also emphasized the rapid rise of the decentralized exchange (DEX) ecosystem, which has become an important entry point for many users eager to participate in new asset trading at the first opportunity. The Bitget Onchain module relies on AI algorithms to analyze vast amounts of on-chain data and user behavior models, intelligently filtering potential tokens to help users more efficiently discover quality assets and enhance trading decision-making efficiency.Finally, Vugar concluded, "We believe that future crypto platforms must achieve a balance between security, compliance, and flexibility, which is the core competitiveness that Bitget is striving to build."

ChainCatcher message, CertiK issued an alert that it detected an exploit incident involving flash loans and the NFT market. The suspicious transaction contains complex logical operations on a certain protocol. CertiK stated that the impact of this incident is the exploitation of NFT market logic, but it will not directly deplete funds. Projects with delegated quoting logic should remain vigilant and check access permissions and validation checks.

ChainCatcher news, according to The Block, Reddit co-founder Alexis Ohanian is seeking to acquire TikTok to "put the social media app on-chain." The app plans to integrate the Frequency blockchain, which is a "decentralized social media protocol" aimed at giving users control over their network content.Ohanian posted on X: "This is an exciting announcement for the digital world. I am now officially one of those trying to acquire TikTok's U.S. operations and put it on-chain. TikTok is a game changer for creators, and its future should be shaped by them. Users should own their data. Creators should own their audience."Ohanian has joined the bidding team Project Liberty, previously announced by former Los Angeles Dodgers owner Frank McCourt, which is focused on acquiring TikTok's U.S. operations and will serve as a strategic advisor concentrating on social media.

ChainCatcher news, according to CoinDesk, Emile Dubie, CEO and founder of the multi-chain self-custody wallet solution Ctrl Wallet, stated in an interview that the company is seeking to be acquired. This sale process was initiated after the company received two acquisition proposals at the end of last year.The wallet provider, formerly known as XDEFI, received an acquisition offer from a crypto protocol, as well as a proposal to merge with a large decentralized exchange (DEX). Dubie added that the company subsequently hired investment bankers to organize the sale process, with consulting provided by Imperii Partners. The auction process is currently underway, with the bidding deadline set for January 28, and the winner is expected to be announced on January 31.Dubie stated that Ctrl Wallet currently has 650,000 users, with a goal of surpassing 2 million users by the end of the year.

ChainCatcher news, a spokesperson for Sotheby's stated in a statement that as part of its broader NBA memorabilia sale, the auction house is auctioning eight NBA Top Shot NFTs, each valued between $500 and $3,000. The bidding deadline is January 21.This auction includes digital collectibles of several well-known basketball players, including Jalen Wells, Bob Carrington, Pakom Dadit, and Keshawn George. Each item features highlight clips from the respective player's first NBA game.

ChainCatcher news, according to official sources, the Bitcoin NFT series on Magic Eden has supported bidding functionality. The first batch of Bitcoin NFTs to support this feature includes nodemonkes, Quantum Cats, Puppets, Runestone, RSIC, INK, 0N1, natcats, Frogs, Rune Guardians & Rune Pups.

ChainCatcher message, the DOT lock-up for the first round of Polkadot slot auctions will be unlocked on October 24, 2023. OKX will support the unlocking and redemption of DOT in two phases.Phase 1: The OKDOT1/DOT trading pair will be delisted on October 26, 2023, at 16:00 (HKT)Phase 2: From October 26, 2023, to November 10, 2023 (HKT), the settlement of the locked DOT from the first round of Polkadot slot auctions will be completed (OKDOT1:DOT=1:1). After the settlement is completed, it will be credited to the users' funding accounts.According to OKX, after the delisting of the OKDOT1/DOT trading pair, there will be no channels available to exchange OKDOT1 for DOT until the settlement of the first round of Polkadot slot auctions is completed. Additionally, due to certain uncertainties involved in on-chain operations, please refer to the official announcements from OKX for the specific completion time of the settlement.

According to ChainCatcher, citing sources familiar with the matter, Block.one's cryptocurrency exchange Bullish is one of the parties bidding for the bankrupt trading platform FTX. In addition to Bullish, Tribe Capital has also made its own acquisition offer, with its venture capital portfolio including FTX. Currently, there are 75 bidders for FTX. The deadline for new bids is September 24.

ChainCatcher news, according to CoinDesk, auction house Christie's has collaborated with luxury brand Gucci to launch an NFT series titled "Future Frequencies: Explorations in Generative Art and Fashion," which includes 21 NFTs created by AI artist Claire Silver, generative artist Emily Xie, decentralized autonomous artist Botto, and others.It is reported that the auction will begin bidding on July 18 on Christie's digital art platform Christie's 3.0 and will end on July 25. (source link)

ChainCatcher news, according to official sources, the NFT trading market Blur has announced the launch of version V2. The V2 version of Blur has optimized Gas, reducing transaction costs by 50%. The previous V1 version's bidding will become invalid, and users will need to bid again.Blur V2 also introduces "Trait bidding" for NFTs, where "Trait bidding" for a total of 12 NFTs including Punks, Degods, and Milady will earn more points. Blur also stated that there are three yet-to-be-announced developments still in progress. (source link)

ChainCatcher news, Blur's official tweet states that there will be two important changes this week: 1. Bidders must cancel their bids before accepting a lower bid. This will take effect starting tomorrow. 2. The first phase of the filter against bidding fraudsters will be launched later this week.Currently, when accepting bids, the seller's own bid is skipped. This prevents self-trading, but it makes it difficult for other traders to determine what the "true" highest bid is. Bid acceptance will no longer skip the seller's own bid. Sellers must cancel their bids in order to sell at a lower bid. (Source link)