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Weekly Project Updates: Arbitrum Reboots Odyssey, Optimism Announces Third Airdrop, OpenSea Set to Launch Creator Studio, etc

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1. Arbitrum Announces Odyssey Reboot on September 26th link On September 20th, Arbitrum announced that it will relaunch Odyssey on September 26th. Arbitrum Odyssey, in collaboration with Galxe, will run for 7 weeks, covering 13 project communities and collecting custom badges created by Ratwell and frens. Arbitrum has emphasized that there will be no airdrops in the Odyssey event, only badges upon completion of tasks. In June of last year, due to the chase for Arbitrum airdrops, the heavy on-chain load led to higher than normal gas fees, forcing the termination of the Odyssey event. 2. Optimism’s Weekly Summary a. Optimism Completes 116 Million OP Private Token Sale link On September 21st, Optimism announced that it has conducted a private token sale of 116 million OP tokens, valued at $162 million, as part of their planned transactions. This private token sale involved 7 buyers and is intended for fund management purposes. The tokens will be locked for a period of 2 years, but during ...

WuBlockchain Weekly: PayPal Launches PYUSD, Dai Savings Rate Increased to 8%, US July CPI Annual Rate at 3.2% and Top10 News

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1. Summary of This Week’s CPI Data a. US CPI Unadjusted Annual Rate for July Stands at 3.2% link In the United States, the non-seasonally adjusted Consumer Price Index (CPI) for July registered an annualized rate of 3.2%, slightly below the anticipated 3.3%, with a previous value of 3%. Similarly, the core CPI for July, excluding volatile components, showed an annualized rate of 4.7%, just below the expected 4.8%, and matching the previous value of 4.8%, marking the lowest level since October 2021. According to data from CME, the likelihood of the Federal Reserve refraining from any interest rate hikes during the FOMC meeting on September 20th stands at an impressive 90.5%. b. China’s National Bureau of Statistics Reveals a -0.3% Annual Rate for July CPI link The Chinese National Bureau of Statistics has released the July Consumer Price Index (CPI) with a yearly change of -0.3%, slightly better than the expected -0.40%, and compared to the previous value of 0.00%. This decline is pr...

Weekly project updates: BNBChain proposes lower fees, Sei Foundation, THORChain halted globally, etc

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1. ETH’s weekly summary a. Ethereum Foundation announces Shapella network upgrade activation date link On March 28, the Ethereum Foundation officially released an announcement: The Shapella network upgrade will activate on the Ethereum network at epoch 194048, scheduled for 22:27:35 UTC on Apr. 12, 2023. b. Ethereum developer: Testing of Shapella upgrade is entering its final stages link Ethereum Developer Conference: Testing of Shapella upgrade is entering its final stages, with a last mainnet shadow fork scheduled next week and cross-client EVM fuzzing of the latest releases. The EVM Object Format (EOF) has been updated, but developers are skeptical whether it can be released in conjunction with the EIP-4844 in Cancun, or put into the next fork. c. MakerDAO community approves governance reforms with 76% support link On March 28, the MakerDAO community approved 14 governance proposals with a 76% majority vote. The proposals include changes to the MakerDAO charter, the Endgame MIP, and...

VC monthly report: In January, the number of financing increased significantly, but the amount of financing declined for the fourth consecutive month

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Author: WuBlockchain According to the statistics of Messari, there were 74 public investment projects of crypto VC in January, with a month-on-month increase of 48% (50 projects in December 2022) and a year-on-year decrease of 55% (166 projects in January 2022). Industry-level classification is as follows: Among the sectors of the crypto market in January, infrastructure projects accounted for the largest share of funding, accounting for about 30%. CeFi, DeFi, and NFT/GameFi accounted for about 4%, 14%, and 11%, respectively. Total financing in January was $570 million, down 13.7% month-over-month ($660 million total in December 2022) and down 90.4% year-over-year ($5.89 billion total in January 2022). The amount of funding declined for four consecutive months to the lowest in nearly two years, with rounds of more than $10 million (excluding CEfis, miners and other centralized institutions) as follows: Plai Labs, which is developing a decentralized SocialFi platform, was led by a16...