Though there’s much still unknown, what may be most striking about the scheme is that it’s not clear its goal was theft. The Macalinao brothers do not appear, for instance, to have used their swarm of false identities as a shield while mishandling user funds, as is all too common in such scenarios (though, again, this story is still developing). Source
Tag: DeFi
Ethereum (ETH) – Análise de hoje, 07/07/2022 #ETH #Ethereum #BTC #bitcoin #XRP #vitalik #ETH #BNB
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io COMPRE: Sala ORO de Sinais Binance para aumento de posição em BTC (R$ 300/mês): COMPRE ‘Curso RENATO ULIANOV Análise Técnica’ por R$ 350,00: (Dá acesso ao grupo exclusivo Telegram) Opere alavancado através do link de cadastro na OKEX com desconto: #BTC #bitcoin #BTT #BitTorrent #TRX #Tron #LTC #Litecoin #Chiliz #BTC #bitcoin #ETH #Ethereum #VET #VeChain #XLM #Stellar #BNB #binance #XRP #ripple #BTC #Binance #BNB #WAN #crypto #DeFi #DescentralizedFinance #blockchain #ETH #coin #btc #altcoins #altseason #wanchain #BTT #bittorrent #Litecoin #LTC #BTT #BTC #Bitcoin…
Master of Anons: How a Crypto Developer Faked a DeFi Ecosystem
The Macalinao brothers used a web of bogus identities to create the illusion of a dev community, juicing value on the Saber protocol and Solana blockchain. Now they’re moving to Aptos. Source
Advisors Should Look Before Clients Leap Into DeFi
“In DeFi, in some cases, it’s just unsustainable, it’s not going to work out,” Rosmer said. “What’s totally fair is that these yields are not going to last. The super-high yields are short-term yields and things normalize as more participants become involved.” Source
Nansen admits neglecting DeFi plans during the NFT craze
Despite the general downturn in the cryptocurrency markets throughout the year, Ethereum (ETH) blockchain analytics platform Nansen has continued to report impressive growth numbers. CEO and co-founder Alex Svanevik recently spoke about Nansen’s growth, highlighting that the company has registered over 130 million addresses and has grown 30% despite the crypto downturn. Svanevik credited much of his success to the value of blockchain platforms, notably those based on Ethereum. Cointelegraph reached out to Nansen’s Andrew Thurman for more insight into the company’s success. Thurman, a Simian psychometric enhancement technician, explained…
I’m Buying THESE 5 Altcoins! BIG Cardano Update! Bitcoin & Ethereum Market Analysis & Crypto News!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io DAILY News, Opinion, Perspective 👍 Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the WHOLE Video) 0:18 – Bitcoin Looking Bullish? (Market Check-In) 0:39 – Strong rebound from Ethereum (following a successful retest) 1:38 – Mercedes-Benz Taps Polygon To Develop A Platform For Data Exchange 3:16 – Miami Collabs With TIME, Mastercard, Salesforce to Sell 5K NFTs 5:12 – Cardano Delays Vasil Hardfork…
Dubai crypto and India wants to ban!? #shorts #crypto #blockchain #cryptocurrency
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Dubai launched its metaverse strategy and is aiming to produce 40,000 jobs related to blockchain and metaverse in the next 5 years! While India is looking to ban cryptocurrency as per the latest RBI statement. Do you think India is making a big mistake by discouraging the blockchain technology? Let me know in the comments. — Subscribe for more #metaverse #nft #crypto #nfts #ethereum #nftart #meta #cryptocurrency #nftcommunity #bitcoin #blockchain #digitalart #art #nftcollector #eth #opensea #btc #nftartist #virtualreality #cryptoart #vr #d #web…
Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater – Defi Bitcoin News
During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this week. Today, the value locked across the defi ecosystem is $86.22 billion as the TVL has lost 3.34% during the past 24 hours. Value Locked in Decentralized Finance Falls Short From Tapping $100 Billion On August 2, 2022, the value locked in decentralized finance (defi) protocols is around $86.22 billion, according to defillama.com metrics. Makerdao dominates the pack by 9.67%…
Waves community backs DeFi revival plan for Vires.Finance
The Waves (WAVES) community has supported a governance proposal to revive the decentralized finance (DeFi) lending protocol Vires.Finance after its liquidity crisis. The vote aims to stabilize the project and compensate the users who were affected. In April, Neutrino (USDN), a stablecoin running on the Waves platform, depegged from the dollar. This led to a series of user withdrawals within the platform, eventually ending in a liquidity shortage where users became unable to withdraw their funds from the platform. During the event, Waves founder Sasha Ivanov stepped in, accumulating $500…
Why DeFi Giants Aave, Curve May Want Their Own Stablecoins
Stablecoins are also unmistakably one of crypto’s most important innovations and historically one of its fastest growing sub-economies. Today, there’s over $150 billion worth of stablecoins in circulation, according to data provider CoinGecko. Two dollar-pegged assets from competing centralized companies/consortia, tether and USDC, account for over two-thirds of that market. Source