Issue #107

Regulation

1. Binance founder CZ's sentencing delayed to April '24

-- Pled guilty to violating the Bank Secrecy Act

Infrastructure

1. Polygon introduces type 1 prover for zk proofs

-- Allows any EVM-compatible chain to transition to a zk L2 (Validium)

2. Starknet faces criticism for token distribution plan

-- Although 7.3% of the total token supply will be airdropped to the community, facing criticism because core contributors and investors will have 2x as many tokens unlocked in ~2 months after trading begins

3. Chinese crypto miners are increasingly investing in Ethiopia for mining operations due to the country's cheap hydropower

4. Solana staking project Jito reveals members of its initial governance cohort

-- Includes representation from Coinbase Cloud, Solana Foundation, Gauntlet, Jito, among others

-- The governance delegates will be delegated 12M JTO tokens (~10% of the circulating supply) and guide the project's future direction

5. Nym exploring the integration of its mixnet technology into the Zcash network

-- Would strengthen metadata protection on Zcash since Nym encrypts user-generated data and routes it through a network of mix nodes, making the identification of metadata patterns difficult

6. Aptos implements passwordless transaction signing

-- Enables wallet authentication using device-based passkeys

-- For more information on passkeys, check this out

7. Spanish telecom giant Telefonica partners with Chainlink

-- Partnership brings access to the telco industry's SIM swap API to smart contracts

8. Food company Mondelēz joins Hedera Council to develop DLT solutions on Hedera Hashgraph

-- Use of DLT to track supply chains and offer digital payment-based promotions

Finance

1. Liquid restaking protocol Puffer Finance hits $850M in TVL

-- Second only to ether(.fi) ($1.25B TVL) in the liquid restaking category now

2. Sushi plans to launch a decentralized derivatives exchange on Layer N

3. Citi Bank experiments with the tokenization of private equity funds on Avalanche

Consumer

1. Aptos partners with Jambo to introduce a web3-native mobile phone in emerging economies

-- Priced at $99 and includes pre-installed apps from the Aptos network

2. Yuga Labs acquires PROOF (known for Moonbirds NFT collection)

Security

1. Web3 gaming platform PlayDapp loses $290M

-- The hacker was able to permissionlessly mint the project's token

2. White hat hacker Samczsun of Paradigm creates the Security Alliance

-- Provides crypto users affected by hacks or security incidents with a 24/7 emergency hotline

-- Offers legal protection to white hat hackers rescuing funds under active exploit

-- Provides free red team exercises for web3 developers

-- Donors and partners for the Security Alliance include the Ethereum Foundation, a16z crypto, Paradigm, and others

3. North Korean Lazarus Group has shifted from using Tornado Cash and Sinbad mixer to a new mixer called YoMix

Research

1. Executing a reconstruction attack on decentralized learning networks (source)

-- Decentralized learning ideally enables the development of privacy-preserving collaborative learning models

-- The attack presented in this paper can compromise the privacy of data contributors

2. A tool that improves the precision of reentrancy vulnerability attack detection (source)

3. Proof of diligence for optimistic rollups (source)

-- Use of a decentralized network of nodes to ensure fraud proof publishers are doing their jobs diligently

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