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- The R Roundup: Base Is Optimistic About “Pessimism”🤞- Issue #107
The R Roundup: Base Is Optimistic About “Pessimism”🤞- Issue #107
Issue #107 : Web 3 News Headlines Of The Week
The R Roundup: Base Is Optimistic About “Pessimism”🤞- Issue #107
Base recently launched already has been in the headlines more times than we can count. They add to that record with Pessimism, a security monitoring system.

Pessimism aims to identify protocol threats and security vulnerabilities for networks designed with the OP Stack & other EVM-chains. This introduction from Base comes only months after launch.
Coinbase intends to expand Pessimism to bridge monitoring with added features like withdrawal safety.
U.K. Illicit Crypto Bill Creeps Closer 🇬🇧
Regulation in the UK has driven a number of organisations out of operations like ByBit but one set of regulation that COULD help the market, is one step closer to approval.

An “Economic Crime and Corporate Transparency Bill” is in the final stages of approval by the House of Lords. This bill sets out to give local authorities added power to freeze & confiscate crypto assets associated with crime.
Crypto used in money laundering, drug trafficking, cyber crime or facilitating terrorism offences will be frozen and confiscated if approval is granted later in 2023.
Previously assets associated with illicit activity could only be frozen but couldn’t be seized unless there was an arrest or conviction.
Balancer Frontend Attack⚖️
Another one bites the dust, as the crypto attacks continue, this time leading defi protocol Balancer was on the receiving end.

On the 19th of September, Balancer warned their community NOT to interact with the frontend.
The balancer frontend is under an attack. The issue is currently under investigation. Please do NOT interact with the balancer UI until further notice!
— Balancer (@Balancer)
11:49 PM • Sep 19, 2023
At the time of the attack, ZachXBT claimed that at least $238,000 had been stolen. Balancer added that since then, all issues have been resolved.
Regarding the recent DNS attack, we can confirm that the domain is now secure and back under the control of the Balancer DAO.
app.balancer.fi and other subdomains are SAFE to use.
[1/2]
— Balancer (@Balancer)
5:45 PM • Sep 20, 2023
Bubblemaps Raised $3,2m In Seed Round🫧
Fundraising for the past year has been dryer than a sand dune however, where value cannot be ignored, it gets funded.

Data innovation visualised through bubbles with Bubblemaps raised €3m to accelerate blockchain data innovation.
Investors include but are not limited to INCE Capital, Momentum 6, Avax & more.
Bubblemaps intends to use the funding to assist them in their mission to make blockchain data accessible for everyone from individual users to institution.
We've successfully raised €3M to accelerate blockchain data innovation!
Led by INCE Capital and joined by @Momentum_6, @StakeCapital, @LBankLabs, @v3nturesfund, @avax, @cronos_chain, @PowerHasheur, and more.
The future of on-chain data is now 🧵↓
— Bubblemaps (@bubblemaps)
1:00 PM • Sep 18, 2023
A Week At RR📆
Check out last weeks content published to stay up to date with the latest research trends & industry talking points👇
RR Files🗂️
Wondering what we are reading this week at RR?
Worry no further!
🚨 Some Major news from yesterday🚨
- Bybit to Suspend Services in the UK
- The SEC has agreed to review applications from ARK Invest and VanEck for spot Ether ETFs
- Mempool data shows that Bitcoin network is experiencing the longest block fullness with over 470k pending txns… twitter.com/i/web/status/1…
— 🐍Salazar.eth 🦇🔊 (@0xSalazar)
1:10 PM • Sep 22, 2023
MUST WATCH fireside chat with Brian Armstrong yesterday at Mainnet 2023.
We talk about:
a) Activating crypto voters
b) Supporting Super PACs that elect pro crypto leaders + unseat opponents
c) Playing to win, and fighting for the USA call to action!
— Ryan Selkis 🪳 (@twobitidiot)
6:05 PM • Sep 22, 2023
r/r of using FT is quite good.
It's an app that can potentially net you a double airdrop if $BASE ever happens.
Plus if you pick the right rooms you can get value + utility from the keys.
— Aylo (@alpha_pls)
2:08 PM • Sep 22, 2023
🚀 DeFi News and Catalysts for September 21, 2023 🚀
• Unibot enabled trading of Friend.tech keys without creating a Friend.tech account.
• Metis announced the Metis Journey, a $5 million DeFi Incentive Program for boosting DeFi applications on Metis.… twitter.com/i/web/status/1…
— Edgy - The DeFi Edge 🗡️ (@thedefiedge)
10:47 AM • Sep 21, 2023
I had accepted a management consulting job for after college then was interning at CMS fall of 2020 and after a month Dan asked sarcastically if I really wanted to be a consultant(no) so I gave back the signing bonus reneged on the job and joined CMS right before BTC broke $20k
— @intern (@intern)
7:45 PM • Sep 22, 2023
As a reminder, this is not a trading signal or investment advice; it is an opinion, and each trader/investor should know and understand the risks of trading cryptocurrencies.
This should not be regarded as financial advice; feel free to familiarise yourself with our NFA disclaimer.
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