Welcome to Financial Refined, your weekly basic decentralized accounting (Defi) insight-this is a newsletter that provides you with key trends over the past week.
DEFI will become the focus of the first Technical Services Conference of the Commodity Futures Trading Federation (CFTC), where the last working group will "explore the difficult problems of decentralized finance".
Polygon is a two-tier telescopic agreement of Yitaifang. Nearly a year after the publication of the development and design, the real identity solution of zero-knowledge block chain technology has been put online to the community.
The digital currency fishing fraudsters behind some of the most high-profile and most valuable Web3 thefts claim that they are already full of shops, saying it is "time to move to something better".
In another design related to Defi vulnerability detection, Platypus Finance created a portal that allows users to find out how much the service owes them after the recent use of $9.1 million worth of vulnerability detection. French police have already arrested two suspects and seized a login password worth 210000 euros ($223000) related to the use of the platypus.
The Defi industry got off to a poor start in March, with prices plummeting on Thursday to most of the gains of the top 100 Defi tokens. With the exception of a few, most of the top 100 tokens on the weekly chart are at a loss.
Foreign commodity spot regulators will pay close attention to the scattered financial industry at the upcoming meeting of the Standards Committee, and management in the field of login passwords will be invited.
The Commodity Futures Trading Federation announced on March 1 that the agenda of its Technical Advisory Committee meeting on March 22 included a panel discussion on "exploring problems in the decentralized financial sector".
Keep reading.
The fraudster, who goes by the pseudonym Monkey Dainer, posted on their message channel on March 1 that they "will shut down immediately" and that all "documents, web servers and devices" related to the drain will be "destroyed immediately" and "it will not be easy to go back".
The fraudster even suggested that "young Internet criminals" in their infancy should not "indulge in the pursuit of making money at home". Only a very small number of "most dedicated" professionals should run a "large-scale online fraud" organization.
Keep reading.
Polygon ID service projects apply zero-knowledge certificates, which verify that users using encryption algorithms can verify their true identity online without having to communicate their private information to or most likely keep it in a third party.
Polygon Labs announced Polygon ID on March 1, and it has been nearly 12 months since the project was fully launched under closed source conditions. According to the Polygon elite team, Polygon ID is built to "deal with data trust issues".
Keep reading.
Police in France have arrested two suspects in connection with a $9.1 million vulnerability in the Platypus system and seized digital currency worth 210000 euros ($223000), according to the local government.
Platypus indicated that the investigation and analysis of the arrest was strongly supported by the ZachXBT account on the chain and the password trading center Binance. On February 16th, the same cyber attack undermined the decentralized agreement in three flash attacks.
According to the latest launch of the agreement, it launched a web page that asked viewers how much compensation they could get from the site. The page consists of three parts to give users a better understanding of how much we are owed after the use of system vulnerabilities. It mainly includes a brief introduction and the adjustment of fund net value before attack and after attack.
Keep reading.
Dissecting data show that Defi's total market capitalization has remained below $50 billion in the past week. Cointelegraph Markets Pro and TradingView statistics show that Defi's top 100 tokens by market capitalization have been in the doldrums this week, with most but a few traded in red.
We'll see you next week for a summary of the most influential Defi trends this week. Join us next Friday to get more short stories and opinion education in such a dynamic growth space.
Polkadot was launched in May 2020. In a market dominated by Bitcoin and Ethereum, it quickly established itself as the next generation blockchain. The scale and interoperability problems limit Bitcoin's ability to transfer value without the assistance of
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Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
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Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Tue, 18 Apr 2023