Arbitrum tweeted that the Arbitrum One sequencer was temporarily interrupted at 23:29 Beijing time last night, and then resumed operation at 0:57 this morning. The team is actively investigating, but can confirm that the continued surge in inscriptions triggered the sequencer to stop forwarding transactions correctly. The team has fixed the issue, but the gas price has increased due to the transaction backlog. It should normalize soon. The team will work as soon as possible. Provides complete post-mortem analysis.

Venom Ventures, the Abu Dhabi-based cryptocurrency fund based on the Venom Foundation and Iceberg Capital, has so far had a lackluster performance since it was announced in January despite claiming to have $1 billion to invest in Web3 startups.

Scope Protocol Lianchuang 0xSentry said on the

Decentralized Physical Infrastructure Network (DePIN) Hivello announced the completion of a $1 million Pre-Seed round of financing from NGC, Blockchain Founders Fund, Side Door Ventures, IDG, Bing Ventures, MEXC Exchange, XT.com Exchange, Genesis Block and NxGen, etc. Participate in investment.

Coinbase Assets tweeted that Coinbase will add support for Bonk (BONK) on the Solana network (SPL token) and the platform will mark the asset as "experimental." Do not send this asset over other networks or you may risk losing your funds. If liquidity conditions are met, trading will begin at 1:00 on December 15, Beijing time. Once there is sufficient supply of the asset, trading on the BONK-USD trading pair will begin in phases.

Web3 learning and earning platform Intract announced the completion of US$3 million in financing, led by Alpha Wave Global, BITKRAFT Ventures and Gumi Cryptos, with participation from Polygon Ventures, Tokentus, MoonPay, Web3 Studios, etc. The funds will be used to double the size of the team , and expand the platform to one billion users.

Binance published an article "U.S. Regulators Comment on Binance's Compliance Improvements". Binance stated: When Binance first launched, there were not enough compliance controls in place to meet the needs of its rapidly growing company. Binance said: We accept full responsibility for our past actions and are currently cooperating with U.S. agencies, including receiving strong oversight of our compliance and sanctions control programs, and will continue to take proactive steps to correct historical issues. The U.S. agency’s investigation was prompted by past actions, and Binance’s measures regarding cooperation and AML, CFT, and KYC were described in statements from U.S. regulators OFAC, the Department of Justice, and FinCEN. But it helped develop the comprehensive compliance program seen at Binance today.

The Cardano Foundation announced the launch of Identity Wallet, a W3C-compliant open source wallet. The Cardano Foundation stated that the wallet supports multiple identity and credential standards, can securely manage digital assets, can seamlessly interact with DApps on Cardano, lower the entry barrier for new users, has cross-ecosystem interoperability, and integrates key events. Reception infrastructure (KERI) to enhance interoperability.

Yu Xian, the founder of Slow Mist, said on the I don’t pay much attention to this thing...but maybe people involved in the Bitcoin ecosystem will value this. After all, the CVE number is one of the most well-known vulnerability proofs in the security industry.”