imitation

SocialFi trading card game (TCG) fantasy.top announced that it will close at the end of June after two years of operation. The team stated that the long-term economics of the TCG model ultimately showed its limitations, and the trading volume was insufficient to sustainably support long-term operations.Over the past year, the team explored various social vertical products such as prediction markets, mind share tracking, and social graph betting, but none achieved lasting market fit. All investors will receive a full refund. The main Fantasy competition will continue until June 18, until all remaining rewards are distributed. Games such as prediction markets, prize pools, and arenas will close on May 21.

According to Tech in Asia, Elon Musk's artificial intelligence company xAI has officially launched the paid subscription plan SuperGrok for the Grok chatbot. Free and basic plan users will continue to use Grok 3, but will face stricter limits on query volume and features.The SuperGrok subscription system is divided into three tiers: the entry-level SuperGrok Lite is priced at $10 per month and allows access to Grok 3.5; the standard version SuperGrok is priced at $30 per month, which is higher than OpenAI's ChatGPT Plus and Anthropic's Claude Pro (both around $20 per month); and the SuperGrok Heavy, aimed at heavy users, is priced at $300 per month. In addition, xAI also offers a corporate plan at $30 per seat per month.

Blockchain security agency BlockSec monitored and discovered that the Base and the FOOMCASH contract on the Ethereum network encountered imitation attacks, using methods similar to the previous Veil Cash vulnerability. The attacker forged zkSNARK proofs due to incorrect verification key configuration, resulting in a total loss of approximately $2.26 million for the contract.Among them, a single attack transaction on Base caused a loss of about $427,000, while approximately $1.83 million in related transactions on Ethereum are suspected to be white hat rescue operations.

ChainCatcher news indicates that, according to analysis, multidimensional data shows that an early round of altcoin season may be unfolding. Excluding BTC/ETH, the total market cap of altcoins (TOTAL3) has stabilized relatively, market breadth is expanding, and the funding rates on the derivatives side are neutral with few passive liquidations, pointing to real demand in the spot market.SOL/ETH is rising without signs of a short squeeze, indicating genuine buying interest; the fundamentals of BTC and ETH are positive but with diminishing marginal momentum, and the premiums on ETH-related tokens (DAT) are thin, which may leave room for altcoins. The U.S. Department of Commerce has put GDP, PCE, and other data on-chain via Chainlink/Pyth, and Numerai has secured a $500 million commitment from JPMorgan Asset Management. Platform tokens OKB and CRO are strengthening in stages, while ETF fund inflows are cooling.Strategy recommendations prioritize pairing with news-driven events, with core positions being long SOL/short ETH and paying attention to new tokens, while satellite positions should be adjusted to capitalize on event-driven catalysts for altcoins.

ChainCatcher news, according to Decrypt, the Ledger hardware wallet has software limitations that prevent some Cardano users from participating in the Midnight Foundation's two-month "Glacier Drop" event, which distributes NIGHT tokens across eight blockchain ecosystems.The reason is that Ledger's implementation of the CIP - 8 protocol restricts messages to 31 bytes, while the airdrop message is 251 bytes, and the current firmware cannot support it. Cardano co-founder Charles Hoskinson stated that this is a Cardano-specific issue in Ledger's software, which was reported back in July, but Ledger has not provided an update on when it will be fixed. Fahmi Syed, chairman of the Midnight Foundation, confirmed this, stating that they are in communication with Ledger, and that XRP and Avalanche are experiencing similar issues, with a solution expected to be rolled out in the coming weeks.Although Ledger has not released a fix, Cardano developers are rolling out a workaround. According to Hoskinson, the system will use an empty transaction containing the "Glacier Drop" payload as metadata instead of a traditional message signature. This workaround will be integrated into the "Glacier Drop" protocol to allow affected users to claim their tokens.

ChainCatcher news, LD Capital founder Yi Lihua posted on platform X, stating that the altcoin season may have to wait until interest rate cuts are confirmed in August or September before the market truly experiences a liquidity overflow. Investors can currently focus on researching and tracking potential dark horse projects.

ChainCatcher news, according to TheBlock, Kraken's co-CEO Arjun Sethi stated that they will airdrop PUMP tokens to some users who were unable to complete orders due to "system limitations."According to Kraken staff, eligible users will soon receive email notifications, but some users have complained that they were never able to successfully place an order.

ChainCatcher news, Canary Capital CEO Steven McClurg stated that the company's recently submitted "innovative" cryptocurrency exchange-traded fund (ETF) application is a well-considered strategy aimed at positioning itself in assets with potential that the market demand has yet to satisfy.Steven McClurg said, "If you are a large institution like BlackRock, you can afford to take risks. But for smaller companies like us, we won't act recklessly unless we truly believe we can succeed. We are very cautious with both time and funds, ensuring that all decisions are feasible." He also believes that many proposals may be approved next year.

ChainCatcher message, according to an analysis by the Financial Times, over 700 types of imitation coins and junk coins have been sent to Trump's digital wallet, with the creators of these coins attempting to imply that their creations have Trump's endorsement. This move came just days after Trump and his wife Melania launched a meme coin that has no actual use and is entirely supported by speculative value, shortly after Trump returned to the White House last month.The Financial Times found that in the past three weeks, 736 different meme coins have been deposited into Trump's official wallet. Among them, nearly 200 coins, including "OFFICIAL TRUMP" and "OFFICIAL MELANIA," are named after Trump or his family members, but have no connection to the president.Trump and Melania's decision to launch their meme coins has faced fierce criticism, as these coins are more volatile than Bitcoin, attracting retail investors.

ChainCatcher message, Binance co-founder Zhao Changpeng posted on platform X: Imitation is the sincerest form of flattery.

ChainCatcher message, Delegate founder foobar posted on platform X stating that due to Solana's transaction size limitations, for large PENGU claimants, the claims will be split into multiple transactions. The displayed amount will not differ from the claimed amount; simply refreshing the page will show the amount already claimed and the amount still to be claimed.

ChainCatcher news, Cobo co-founder and CEO Shen Yu posted on X: "I was wrong, I didn't expect the altcoin season to come at the end of November."Previously, Shen Yu had stated, "There is no altcoin season in this cycle."

ChainCatcher news, Farcaster co-founder Dan Romero stated on social media that the types of businesses and customer groups that most fintech/cryptocurrency companies prohibit are determined by their upstream banking partners through their regulatory agencies. This is a shadow policy rather than a statutory regulation.

ChainCatcher news, during the "DeInsight 2024" annual summit held in Bangkok at Devcon, QuarkChain & EthStorage founder Qi Zhou delivered a speech themed "Building the World's Supercomputer for the Future of Web3."Qi Zhou shared that Ethereum is moving towards a scalability roadmap centered on rollups, characterized by: off-chain computation and on-chain verification; the introduction of DA (EIP-4844) significantly reduces L2 Tx costs; the absence of large-scale Web3 applications is mainly due to high entry costs, EVM performance limitations, limited storage space, centralized frontends, and high L1 verification costs.For more content from the conference, please check the following links:Video live link: https://www.youtube.com/live/tTVcUPumPysImage live link: https://www.pailixiang.com/album_ia7637038926.htmW