Week 11/21 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.
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Crypto news in brief
▶ Consensys is at the center of turmoil after amending its privacy policy. Thus, the MetaMask wallet will collect the IP address of users using Infura’s RPC.
While it is time for transparency, Grayscale does not wish to reveal its evidence of reserves. The company justified its choice by highlighting reasons related to security.
▶ Sui Network has just published its test network. Thus, the next-generation Layer 1 blockchain can be tested by users before its mainnet is launched.
▶ Curve Finance Protocol unveils stablecoin crvUSD. This deviates from other stablecoins by introducing a new, less restrictive liquidation model.
▶ The downfall of FTX reveals chaotic management of the company. As revelations fall, light is shed on the disastrous management of the platform, which SBF and its partners are hiding.
▶ As usual, Sam held a live broadcast to evaluate cryptocurrency news, including the case of FTX.
5 metrics a week
➤ 50,000 ETHRelatedShadow tokens converted by the hacker from FTX to BTC. Since then, he has vowed to pass the returned BTC into Bitcoin through a mixer to hide their identity.
➤ 3h15he is The time it would take for a transaction associated with Tornado Cash to be validated if 99% of the blocks are OFAC compliant on Ethereum. Relatively positive news for the ecosystem, which shows that the censorship that the network faces is not inevitable.
➤ $1.3 millionit comes to b Bad debt record by Aave protocol. This was generated by an attack led by the Mango Markets hacker, who attempted to short-press the CRV token.
➤ $42 millionit comes to b It was lost by an employee of the Fenbushi Capital investment fund. This money came from the personal wallet of the employee, who was the victim of a private key hack.
➤ $1 billionit’s the The amount announced by Binance to create its cryptocurrency recovery fund. The amount that can be adjusted upwards “if that is not enough”.
Tweet of the week
The tweet from week to Hasso FlashBots and ads sweet. In short, SUAVE is a new project by FlashBots that aims to decentralize block production and reduce censorship on Ethereum.
Have a nice week at Journal du Coin! 🙂
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