Daily Notes 16-01-2023
Developments
Socket/Bungee Exploited for $3 Million, Routes Now Paused
Socket/Bungee was exploited for $3 million. Socket has since paused the routes being exploited.
Jito’s TVL Sees Significant Growth in 2023
Jito’s TVL grew by 179-fold in USD value in 2023.
TUSD Depegs from $1, Trading at 0.98
TUSD has depegged is currently trading at 0.98. It has been depegged for over 24 hours.
Cantor Fitzgerald CEO Affirms Tether's Financial Stability
Cantor Fitzgerald, who “manage many, many of their [Tether] assets” CEO has said that “From what we've seen, and we did a lot of work, they have the money”, in an interview with Bloomberg at the WEF.
UNODC Highlights Use of USDT in Criminal Activities in Southeast Asia and the Pacific
The Southeast Asia and the Pacific division of the United Nations Office on Drugs and Crime has highlighted the use of USDT in criminal activities in the region.
Maker Urges DAI Users on Starknet to Migrate Before Regenesis Deployment
Although no funds are at risk during this process, Maker is strongly encouraging all DAI users on Starknet to transfer or migrate their DAI before the Starknet Regenesis deployment.
Digital Infrastructure Inc Raises $11.5 Million for Decentralised Car Data Protocol
Digital Infrastructure Inc, who are building Dimo Network (a decentralised car data protocol), raised $11.5 million in a Series A funding round led by Coinfund.
Tether and Rhino Finance Partner to Enhance USDT Bridging
Tether partners with Rhino Finance to enhance USDT bridging between L1s and L2s.
Hedera Integrates with MetaMask Through Tuum Technologies' Snap
Hedera has integrated into MetaMask via a MetaMask Snap developed by Tuum Technologies.
Ondo Foundation Sets Date to Unlock ONDO Tokens
The Ondo Foundation has selected to unlock ONDO tokens on January 18th.
Lido's wstETH Goes Live on zkSync in Collaboration with Matter Labs and zkSync
Lido’s wstETH is now live on zkSync.
Metis Launches Decentralised Sequencer on Sepolia Testnet
Metis’ launches their proof of stake decentralised Sequencer on Sepolia testnet for community testing.
Chainlink to Integrate Circle's CCTP into Their CCIP
Chainlink will be integrating Circle’s CCTP (Cross-Chain Transfer Protocol) into their CCIP (Cross-Chain Interoperability Protocol).
Solana Mobile Unveils Second Phone Model Priced at $450
Solana mobile showcases their second upcoming phone, which is currently priced at $450.
dYdx Chain Volume Surpasses dYdx v3 as Trading and LP Rewards Cease
dYdx chain volume exceeds dYdx v3 volume. This comes as dYdX v3 trading and LP rewards move to 0.
Trending Assets
Below $100M MC by performance, on chain
HAY, the first token launched on Uniswap, is up 101.14%. XPET, a Twitter-based Tamagotchi-style game, is up 26.57%.
Above $100M MC by performance, on chain
MAV, up 32.35%, and PENDLE, up 19.74%, were top performers for tokens above $100M MC today.
Above $1B MC by performance, on chain
RNDR, up 4.89%, and BEAM, up 4.52%, performed well today.
Trading Volumes
LINK, crvUSD, MUBI, AAVE and RBN dominated on-chain volumes.
TVL Above $10M
Over the past day:
Sonic, a DEX on ICP, TVL grew by 263.94%.
OpenEden T-Bills, RWA on Ethereum, TVL grew by 122.71%.
Liquis, a liquid governance wrapper for Bunni Pro, TVL grew by 81.83%.
Fees
Sushiswap fees up are 212.85% to $159,191, Tron fees earned are up 44.54% to $1.47 million and Opensea fees earned are up 73.15% to $268,473.
Disclaimer:
The information and services above are not intended to and shall not be used as investment advice.
You should consult with financial advisors before acting on any of the information and services. ASXN and ASXN staff are not investment advisors, do not represent or advise clients in any matter and are not bound by the professional responsibilities and duties of a financial advisor.
Nothing in the information and service, nor any receipt or use of such information or services, shall be construed or relied on as advertising or soliciting to provide any financial services.