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  • 02:32
    Web3 smartphone manufacturer Nothing completes $200 million Series C financing, led by Tiger Global
    BlockBeats News, on September 17, according to official sources, Web3 smartphone manufacturer Nothing announced the completion of a $200 million Series C financing round at a valuation of $1.3 billion. This round was led by Tiger Global, with existing investors such as GV, Highland Europe, EQT, Latitude, I2BF, and Tapestry also participating. With this new round, Nothing's total financing has exceeded $450 million. The company plans to launch its first AI-native devices next year. As previously reported by BlockBeats, in July 2023, Polygon partnered with tech startup Nothing to integrate Polygon's technology into the company's smartphone, Nothing Phone (1).
  • 02:32
    A dormant Bitcoin whale address awakens after nearly 12 years, containing 1,000 bitcoins.
    BlockBeats News, on September 17, according to OnchainLens monitoring, a whale wallet address that had been dormant for nearly 12 years transferred 1,000 bitcoin, worth approximately $115.95 million, with the funds dispersed to four new addresses. Address: 1NzHXRDizgEGaJZfBG46k66QXpRzDrtpZo
  • 02:32
    Yala will destroy all illegally minted YU on September 23 and restore 1:1 redemption for USDC.
    BlockBeats News, on September 17, the stablecoin protocol Yala disclosed in its latest post-attack incident report that on September 13, hackers exploited the deployment of a temporary key to establish a fake cross-chain bridge, over-minting 30 million YU and cashing out approximately 7.64 million USDC (1,636 ETH). Part of the funds has already flowed into Tornado Cash. The incident did not involve Bitcoin reserves. The hacker has returned about 22.28 million YU. Yala announced that all illegally minted YU will be destroyed on September 23, the 1:1 redemption with USDC will be restored, and the liquidation compensation application process will be launched. At the same time, cross-chain security audits and multi-party control mechanisms will be strengthened.
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