Week 10/31 Briefly News about bitcoin and cryptocurrency is boiling. Important information can get lost in the daily information flow and miss important points. This format is there to remedy that. come back toLast week’s news“Weekly coding To keep you updated on the current status of cryptocurrencies.
Crypto news in brief
▶ Christine Lagarde says inflation came out of nowhere. A surprising statement to say the least in light of the monetary policy pursued by the European Central Bank.
▶ The Lightning Network victim of a fatal flaw. Thus, an error was detected in the LND client. Fortunately, this error can be corrected before a hacker can exploit it.
▶ MakerDAO is at the center of discussions about the End Game update. Indeed, although approved by the government, the decentralization of voting is in question.
▶ Elrond Network becomes MultiversX. And so, on the occasion of the X Day conference, the Elrond Project announced its rebranding.
▶ The NFT Art Globbers project is igniting the NFT ecosystem. Thus, the project, which was co-founded by one of the creators of Rick & Morty, scored huge volumes upon its release. However, the project is already facing great uncertainty.
▶ Huobi Global is giving up on NFT. In fact, the central exchange announced the abandonment of the HUSD NFT project. Big victory for its rivals USDT and USDC.
▶ Binance wants to play in the big leagues. Thus, Changpeng Zhao revealed its ambition for a traditional bank to obtain the licenses that match it.
▶ Cryptocurrency markets have seen renewed dynamism this week. Back to the different movements with currency trading.
5 metrics a week
➤ 99.9%it comes to b Decline in consumption recorded by Ethereum. In fact, this decrease is the result of the transition from Proof of work to me Proof of stake.
➤ $190 millionhe is The amount Hodlnaut lost after the fall of Terra Luna. A disaster from which the company is struggling to recover.
➤ 98%it comes to b DogeCoin increased in 7 days. The rise comes on the heels of a Twitter takeover by Elon Musk, who is known to be a solid defender in the same corner.
➤ $7 millionover here The amount was returned by the Team Finance hacker. After negotiating with the protocol teams, the latter returned the stolen money. However, he kept 10% of the stolen money as a reward.
➤ 3 million dollarsit comes to b The amount stolen from the DeFi Skyward Finance platform. The attacker was able to find a validation vulnerability in one of them Smart contracts from the protocol.
Tweet of the week
Tweet of the week goes to Heat 9 Project And alert him about the fake OlympioCrypto account, known for sharing good airdrop schemes.
Have a nice week at Journal du Coin! 🙂
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