- Ora releases a search engine for Dune dashboards.
- 1inch unveils its own hardware wallet.
- Flashbots looks to raise $50 million.
- Core developers agree on EL withdrawal format changes.
Get the original hardware wallet (affiliate link).
Ora Search Engine For Dune Analytics
Web3 search engine platform Ora released a search browser for Dune Analytics dashboards. Users can now search for dashboards using phrases instead of exact keyword matches. Currently, Dune’s native search feature requires 1:1 keyword matching. The browser also includes dark mode and filters by user or star rating.
Ora uses Large Language Models (LLMs) to contextualize and then rank Dune dashboards relative to a query based on semantic similarity. LLMs are AI tools that process large volumes of training data to help machines understand natural human language. Ora also plans to incorporate tags and underlying dashboard SQL data into its engine.
1inch Unveils Hardware Wallet
1inch Network introduced its 1inch Hardware Wallet, a compact, wireless, button-free, and battery-powered crypto wallet. The 1inch Hardware Wallet is a Hierarchical Deterministic (HD) wallet and uses the BIP44 derivation path, which enables multiple sets of wallets with different seed phrases.
The wallet features a 2.7” E-Ink touch-screen display, wireless charging, and NFC support. The wallet is designed to remain offline and uses QR codes for transaction signing. It is also air-gapped and waterproof, according to 1inch. The wallet is still in its final stages of development with a release date to be determined.
Flashbots Seeks To Raise $50 Million
According to The Block, MEV infrastructure organization Flashbots is in the process of raising between $30 million and $50 million at a $1 billion valuation. The round is reportedly being led by Paradigm, which was previously a seed investor in Flashbots. The Block also revealed that the project is running a reverse pitching process.
Instead of pitching to investors, Flashbots has invited investors to pitch for a chance to be part of the round. Flashbots is the leading provider of MEV software, which maximizes revenue by selling block space. MEV-Boost is a free-to-use relay for validators. Over 60% of Ethereum blocks are currently produced by MEV-Boost relays.
Execution Layer Withdrawal Format Changes
Ethereum core developers agreed to change the ether unit format from wei to gwei in both the Engine API and in Ethereum’s Execution Layer (EL). Currently, the Execution Layer encodes ether values in wei while the Consensus Layer uses gwei. The change harmonizes the unit format when a withdrawal is made from the CL to the EL.
Developers also decided to hold off on updating the serialization method on the Execution Layer. Currently, the Execution Layer uses Recursive-Length Prefix (RLP) serialization while the Beacon Chain uses Simple Serialize (SSZ), which is designed to merkleize more efficiently. The change to SSZ will be considered for a future upgrade.
Blur Airdrop Confirmed For February 14th
Zero-fee NFT marketplace Blur confirmed that it will launch its $BLUR governance token on February 14th. The drop was originally planned for late January. Blur said its Airdrop 3 campaign will continue until the launch date. Blur first launched in October 2022 as an NFT marketplace designed for pro traders. The marketplace is backed by Paradigm and a handful of angel investors including DeezeFi and Zeneca.