gm, readers.
At Automata we work on protecting privacy and fairness. And in this newsletter, we find more reasons to talk about it. Explore headlines and catch up on the biggest crypto news in Web3 privacy.
This week:
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Solana-based MEV bot earns $1.8 million after back-running memecoin trader in seconds
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Cross-chain protocol Socket has been exploited with $3.3 million drained in token approval exploit
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Firo launches privacy protocol Lelantus Spark on Mainnet
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Brave releases new AI-powered CodeLLM for enhanced user privacy
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Oasis partners with PancakeSwap and Celer Network to extend Smart Privacy to more communities in Web3
Op-Ed:
- Singapore bill would expand control over crypto financial products
Zooming into ZK:
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Aleph Zero launches MOST bridge between Ethereum and Aleph Zero
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Manta introduces zkApp Accelerator to empower scalable, real-world dApps on Manta Pacific
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Libre chain, powered by Polygon CDK, launches as an institutional Web3 chain for alternative assets
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Taiko launches Katla testnet
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RAILGUN unveils roadmap, aiming to achieve generalized privacy solution by end of 2024
Conversations you missed:
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Zano, Secret and Beam delve into financial privacy in an episode of “Privacy-Preserving Blockchains - The Future for Africa”
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Firo explores the role of Spark Addresses and Dandelion++ in safeguarding financial transactions, and emphasizes the significance of financial privacy in their privacy series.
We dive into the details, so you don’t have to:
Brave has introduced a new feature called CodeLLM, enhancing the search experience for programming-related queries. CodeLLM utilizes AI to offer users code snippets accompanied by step-by-step explanations and citations. This tool is seamlessly integrated into Brave Search, ensuring users can access it on both desktop and mobile platforms without compromising privacy. Users can initiate their programming queries directly from the browser's URL bar or at http://search.brave.com, maintaining a focus on privacy while benefiting from this new, free feature.
https://twitter.com/TechCrunch/status/1745190389445730632
Oasis Network has extended cross-chain interoperability by introducing wROSE to Pancake Swap through Celer Network's cBridge. This collaboration establishes BNB as the first network supporting both ROSE (Oasis Network's native token) and wROSE (its wrapped version). With this, direct asset transfers from BNB Chain to Oasis Sapphire, the only confidential EVM in production, are now possible. The partnership aims to promote the reach of the Oasis Network's Smart Privacy across Web3.
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This newsletter is for informational purposes only. It is not intended to be a substitute for professional financial advice or interpreted as investment advice. Cryptocurrencies are volatile assets and you should always do your own research before making any informed decisions when investing or trading.