Alpha-Packed: Monday 11 Sep

☕️ On today's Top Picks:

  1. FTX files lawsuit against LayerZero to recover invested money. LayerZero CEO Bryan Pellegrino responds
  2. Coinbase CEO eyeing for potential venture investments.
  3. zkSync sybil with 20K+ wallets exposed.
  4. Vitalik's Twitter account temporarily hacked, over $700K siphoned.

Read time: 7 minutes

Alpha

zkLink Summer Tour Week 3 is live. zkLink is a zk-rollup trading infrastructure and previously raised $18.5 million with participation from Coinbase Ventures, Arrington Capital, Republic, and more.

Aleo Scavenger Hunt is today. Aleo is a Layer-1 blockchain that's zero-knowledge by design and previously raised $298 million led by a16z crypto, SoftBank Vision Fund, and Kora.

mint fun teasing announcement for this week. mint fun's parent company, Context; previously raised $19.5 million with participation from Variant, Sam Altman, and Dragonfly.

🪂 Airdrops

ICYMI: Scroll, Taiko, & Kakarot zkEVM's airdrop thread.

📰 TRADFI News

FTX files lawsuit against LayerZero to recover invested money.

Bryan Pellegrino, LayerZero's CEO, responds about what allegedly happened. States that FTX lawsuit is filled with unsubstantiated claims and that issues of the ownership of its shares with FTX's liquidators tried to be addressed, but were ignored.

SBF and the Justice Department contending what evidence can be brought to trial in October inlcuding FTX ads featuring Tom Brady and Larry David.

Ex-Algorand CEO, Steve Kokinos; proposed as CEO for the company buying Celsius.

India to decide its stance on cryptocurrencies in the coming months following G20 deliberations.

Coinbase clarifies that it remains inactive in India while its wallet services and tech hub remain active.

CFTC settles with Utah man, Jacob Orvidas; who will have to pay $2 million back to investors, $500,000 monetary penalty, and face 10-year trading ban over bitcoin commodity pool scheme.

France launches Responsible Influence Certificate in Financial Advertising program for financial influencers. Individuals within France who want to advertise any tokens and crypto services must complete and pass the program.

📰 DeFi News

Coinbase CEO, Brian Armstrong; eyeing flatcoins which are pegged to the cost of living rather than another currency for potential venture investments.

Taiko bi-weekly update. Updates include changes to the protocol, node, zkEVM, and website.

Arbitrum to have discussions with Unifra Network, BlockGames, Antimetal, CyberConnect, and Flood on X this week.

Binance NFT Marketplace removing support for Polygon Network by September 26th 0600 UTC. Users advised to withdraw Polygon Network NFT's by end of the year.

Aptos token unlock 2% of the supply worth ~$23 million today.

Sushi expanding to Aptos in its first non-EVM deployment beginning with v2 AMM.

LlamaNodes now supports Arbitrum One. LlamaNode Premium RPC's offer, "industry leading latency & costs savings for builders," and LlamaNode Public RPC's provide users with MEV protection, privacy, and more.

.bit upgrading brand and introducing new product lineup featuring .bit, Voty, SoulFrag, and d id.

🛡 Security and Exploits

Vitalik's X account temporarily hacked. Phishing link post has led to over $700K siphoned from victims.

zkSync sybil with 20K+ wallets exposed. Sybil funded all wallets with small amounts of Ethereum and bot-traded its own token on its DEX.

Revoke cash adds support for Horizen EON. Horizen EON is Horizen's EVM-compatible sidechain that is powered by Horizen's Sidechain Platform.

💰 Funding

Animoca Brands raises $20M to accelerate its project, Mocaverse.

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