Good morning, Incrypted!
today in the digest
QiDAO, a DeFi protocol based on Polygon, was the victim of an exploit resulting in losses of approximately $22 million
The team reported that the vesting contract was exploited through a vulnerability in Superfluid, an Ethereum smart contract framework that allows users to transfer assets on the network rather than in QiDAO itself.
Users were also called “
pr exercise caution and avoid interacting with Superfluid smart contracts until the circumstances are clarified“.
Signed initiative: a blockchain academy will appear in the Middle East
The priority of the academy is to provide special education and upgrade digital skills
First blockchain school in the territory Middle East will appear with the assistance of the Swiss blockchain association BSV. The venue for this historic event will be Saudi Arabia, namely its capital Riyadh.
BSV and the Saudi Blockchain Academy (SDA) will collaborate to educate experts on the latest technologies, most contributing to the successful implementation of the Saudi Vision, planned for 2000.
Another debut in NFT- world: Alibaba commemorates the Olympics with this gesture
Alibaba releases an NFT kit, but due to censorship avoids such an abbreviation
Thanks to Alibaba, modern trends have not bypassed the Olympic Games 2022. The largest trading platform has released a debut collection of non-fungible tokens in honor of key sports, without which the Winter Olympics would be unthinkable. Among them are speed skating, freestyle, slopestyle and figure skating.
«Digital collectibles” took the form of virtual badges, on which the beautiful four flaunts. And, of course, everything is done according to the artistic style traditionally used in China.
Japanese bank Mitsubishi UFJ Trust will issue a stablecoin for instant securities settlement
Mitsubishi UFJ Trust plans to use a new tool to speed up payments for transactions with shares, bonds and other securities.
Within the framework of the project, a blockchain for trading operations and a stablecoin for payments will be created.
Currently, fiat-based securities transactions take several days to settle and cost Japan tens of millions of dollars in losses every year. Mitsubishi UFJ Trust believes that the new financial instrument will be in demand as a way to effectively save money and time when settling for securities. SBI and Daiwa Securities banks.
New Priority: US FDIC Focus in 2022 year there will be an assessment of the risks of cryptocurrencies
All the declared passages will be in focus all 1280th
In the short list of priorities of the Federal Deposit Insurance Corporation (FDIC) for the current year was an assessment of pitfalls cryptoassets.
As Incrypted found out, among other things that the regulator will focus on in the announced period, the following:
Strengthening the positions of the Law on Reinvestment;
liquid Identification of financial risks caused by the transformation of the environment;
A trader developed a bitcoin bot for “buying on a drawdown”, which eclipsed DCA
The creator of this solution is a savvy trader from the Reddit community
Samjhill is the name of a smart trader on Reddit who came up with a trading solution that ended up in times better than dollar cost averaging (DCA), a technique for buying bitcoins profitably. . This scheme works in contrast to the one when traders maneuver in every possible way to get the lowest entry, predicting the fall in detail.
Credefi announced a partnership with Alpha Sigma Capital
Decentralized lending platform Credefi announced a partnership with Alpha Sigma Capital, a pioneering digital asset fund focused on the blockchain economy and the transition to Web3 decentralized infrastructure .
The Fund invests in companies and decentralized projects that use blockchain technology to bring visible change and efficiency to the financial services industry.
Recall that at the end of January we had an AMA with the Credefi team, text you You can read Zhimka on the website.
Kazakhstan will increase mining tax
At a government meeting, the President of Kazakhstan instructed to increase cryptocurrency mining tax and find all mining farms. He believes that the “socio-economic effect” of mining is minimal, and the load on the power grid is very noticeable. erov equals 1 tenge per 1 kWh, it is planned to increase it five times. Also, Kassym-Zhomart Tokayev stressed that he is not against licensed miners working at established rates.
Circle, Anchorage Digital, Coinbase and Huobi Global Form Coalition
Message: recognize that fraud is possible in the cryptosphere and, based on this, take active measures
“Coalition for the Integrity of the Cryptocurrency Market” – (this is the name given to the newly minted movement) includes a number of major players in the world of cryptocurrencies. Among them, stablecoin provider Circle, Anchorage Digital, Coinbase and Huobi Global crypto exchange. The initiator of such a community was Solidus Labs, which is working on risk monitoring.
As Incrypted found out, the stated mission of the CMIC coalition is to combat the manipulation of the cryptocurrency market. The coalition calls on crypto firms to sign a commitment to the indivisibility of the market. The point of this action is to acknowledge the potential for scams in the cryptosphere, thus signaling the need for clients to be carefully protected.
Alchemy raised $105 mln
During the funding round, Alchemy, blockchain infrastructure provider , attracted $105 million. At the time of the round, the estimated value was $.2 billion. Investors in the project were Lightspeed and Silver Lake.
Alchemy also mentioned in announcing the funding news that the number of customers using their services and has tripled since October. Also, the volume of transactions in the network has increased from 13 before 45 billion dollars.
Aurora will always help its users!
For those who don’t have ETH on Aurora and want to get some ETH to pay fees, Aurora has opened an official faucet.
The crane is available at the link
Have a good day!