The week of 07/11 in brief – Bitcoin and cryptocurrency news is constantly boiling. It can happen that crucial information gets lost in the daily flow of information and that important points are missed. This format is there to remedy that. Let’s go back tonews last week‘Weekly crypto to keep you informed on the current situation of cryptocurrencies.
Crypto news in brief
▶ The Federal Reserve is interested in the Lightning Network. Therefore, he commissioned a study on the second tier solution of Bitcoin.
▶ The protocol Aave announces its stablecoin GHO. This will take the form of an over-collateralized stablecoin, with an issuance mechanism similar to that of DAI.
▶ A phishing attack behind the Axie Infinity attack. One of the engineers allegedly downloaded a job posting containing malware. This gave the attacker access to the protocol’s “admin keys”.
▶ Sorare signs a partnership with Zinedine Zidane. The emblematic French player thus becomes an ambassador and effigy of the game.
▶ Rise of Twitter scams. Several new scams abound on Twitter, one must be wary of them and adopt best practices to avoid being deceived.
▶ ECB still at war with stablecoins. In its latest report, the ECB argues that stablecoins could have detrimental consequences on the financial system.
▶ Video presentation of the Cosmos blockchain and its ecosystem of applications.
The 5 metrics of the week
➤ 400,000this is the number of sETH fetched from Celsius after repaying one of his decentralized loans on Aave. In addition, the company has also repaid debts allowing them to be recovered USD 63 million on the Aave.
➤ $55.7 billionthis is the amount of reserves of the Circle company, originally from the USDC. There is $42.12 billion in short-term US Treasuries as well $13.58 billion Cash.
➤ $8 millionit concerns of the amount stolen in a phishing attack targeting Uniswap. In total, more than 7,000 ETH they were stolen by the attacker.
➤ 70 million dollarsthis is the amount lost by Vauld in the fall of the market. In practice, some of these funds were lost with the fall of the Terra Luna UST.
➤ 2023is the year foreseen by the Banque de France for the launch of the e-euro. Announcing that they will be “ready to supply central bank money as a settlement asset as early as 2023”.
Tweet of the week
the tweet of the week amounts to @Superphiz. This presents the roadmap and estimated dates for the implementation of The Merge on Ethereum. The merger could come in early September 2022.
Have a good week in the Journal du Coin! 🙂
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