This week in web3 #1
Every Friday afternoon, we share with you the most important news of the week in the world of web3.
1️⃣ A major blockchain exploited and frozen
The Binance Smart Chain (BSC) was the victim of an attack and was put down for a few hours as a result. The attacker was apparently able to get away with approximately $100M! https://cointelegraph.com/news/bnb-chain-confirms-bsc-halt-due-to-potential-exploit
2️⃣ An embarrassing leak
Celsius, a bankrupt crypto lending company, has revealed the names and transactions of most of its customers in a court filing. It also shows that top execs withdrew a lot of money from the platform right before it went bust. https://decrypt.co/111451/bankrupt-crypto-lender-celsius-reveals-thousands-of-users-transaction-histories-in-court-filing
3️⃣ New features at OpenSea
OpenSea announced bulk listing and buying on the platform. It’s now possible to list and buy up to 30 items in a single flow on the marketplace. https://cointelegraph.com/news/opensea-to-allow-users-to-submit-bulk-nft-listings-and-purchases
4️⃣ Europe being Europe
The European Union doubled down on previous sanctions against Russia which limited bitcoin and cryptocurrency transactions resulting in an outright ban against all transactions. https://bitcoinmagazine.com/legal/eu-issues-bitcoin-crypto-ban-on-russia
5️⃣ A language of zero-knowledge proofs
Announced this week, Noir (by Aztec Network) is meant to make the zero-knowledge proofs cryptographic concept available to developers. It’s the easiest way to write zk apps compatible with any proving system. https://medium.com/aztec-protocol/introducing-noir-the-universal-language-of-zero-knowledge-ff43f38d86d9
6️⃣ A few very interesting NFT collections
❤️ HELIX Founder Pass Official: Your access to this promising metaverse. https://opensea.io/collection/helix-founder-pass-official
❤️ Kitaro World: No crazy utility but they look cool (in our humble opinion). https://opensea.io/collection/kitaroworldofficial
❤️ Probably A Label: A new type of record label aimed at redefining IP ownership in the music industry (using web3 tech, obviously). A partnership between Probably Nothing and Warner Records. https://opensea.io/collection/probablyalabel