DeFi Telegraph (eng) ( ICO reviews)

2022-02-05 21:13:01 Developers introduced Ripple Xumm 2.2.8

Developers have introduced a new version of Ripple Xumm - 2.2.8. Ripple Xumm 2.2.8 contains several fixes to the previously released version 2.2.6.

For example, the currency selection tool (token list) when sending a token (send stream) now offers a more spacious view, allowing you to filter and select tokens. When Ripple Xumm fails to load the encrypted data store (e.g. due to a sync error on some older Android smartphones), an error will now be displayed instead of resetting the data store.

Also, fixed a bug for OfferCreate transactions using Tickets. Fixed a bug that caused NFTokenMint transactions to display the same TokenID for all transactions associated with the token. Fixed a bug that caused Ripple Xumm to crash accidentally when running on a small number of Android devices. Open / Comment

2022-02-05 19:01:01 DAO created to free Julian Assange has raised $7.5 million in Ethereum

A Decentralized Autonomous Organization (DAO) was created to help Julian Assange gain his freedom. Assange is a well-known journalist and activist who founded the Wikileaks website, and he was investigated by the U.S. government for publishing a series of 2010 Army Intelligence leaks. The United States would like Assange to be extradited to the United States.

Assange is currently in London's maximum security Belmarsh prison, and the whistleblower has been in prison since 2019. Assangedao wants to shed light on the corruption involved in the Assange case and help free the activist from prison.

So far, the Assange-focused DAO has raised 2,533.91 airwaves, or about $7.5 million. Open / Comment

2022-02-04 19:27:01 Jump Crypto made up for $320 million stolen from Wormhole Bridge

Jump Crypto, the cryptocurrency venture capital firm that owns Certus One, the developer of the Wormhole token bridge, announced Thursday that it invested 120,000 ETH in the Solana-Ethereum bridge, which suffered a devastating exploit. The venture capital firm has turned its own pockets to restore trust in the Wormhole ecosystem.

But there also remains the glaring problem of where the "hacked funds" are located and whether the attacker who took them will face the consequences of preventing similar decentralized finance scams in the future. Since these tokens were created fraudulently and still exist in the ecosystem, this raises concerns about the interchangeability of "hacked" ETH tokens as they are laundered into "pure" ETH. Open / Comment

2022-02-04 18:22:00 TrueFi, backed by a16z, launches DeFi lending marketplace

Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized financial products, increasing the potential for broader adoption of DeFi solutions.

The new lending marketplace offered through TrueFi's unsecured lending protocol (TRU) gives independent financial institutions the ability to develop, launch and fund new investment products. Asset managers also have access to TrueFi's pool of lenders and borrowers, as well as TrustToken's institutional offerings.

TrueFi is described as a "lending app store," but instead of developers launching apps, the protocol allows asset managers to launch new financial portfolios directly online. Open / Comment

2022-02-04 17:10:07 Panther Protocol launches its own ZKP token

The Token Generation Event for Panther Protocol, a comprehensive DeFi and Web3 privacy solution, took place on January 31, 2022.

"After raising more than $30 million in private and public sales, TGE Panther represents a milestone for both its growth and its mission to restore financial privacy in blockchain with interoperable zero-disclosure assets," the announcement reads.

Ahead of this event, the Panther protocol successfully created LaunchDAO: a decentralized, privacy-preserving voting mechanism.

Anish Mohammed, Panther Protocol's chief technology officer, said:

"LaunchDAO recreates the privacy of voting that exists in the traditional world. Panther Protocol allows blockchain participants to comply by participating in a decentralized governance process." Open / Comment

2022-02-04 16:17:01 Aave has adopted the first crosschain management offering

The first crosschain governance offering has been adopted by the Aave (AAVE) platform, which is a decentralized finance or DeFi protocol for borrowing and lending.

"This is an important step forward in multichain governance systems," Aave said.

According to DeFi Llama, the total value locked in to Aave is about $12 billion. According to its developers, an offer executed on Aave, built on the Ethereum (ETH) network, was also sent to FxPortal on the Polygon network (MATIC). The engine then read the Ethereum data and passed it to Polygon's network for verification.

"The Aave cross-network bridge is built on a general principle so that it can be easily adapted to work with any blockchain that supports EVM and cross-network messaging," the Aave development team wrote. Open / Comment

2022-01-31 19:15:00 Ethereum addresses set a new record high

According to analytics service glassnode, the number of addresses in the Ethereum blockchain with more than 0.1 ETH in their balance recently updated an all-time high. That number now stands at approximately 6.823 million.

The Ethereum network has experienced explosive growth over the past few years. This was primarily due to the rise of the DeFi decentralized finance and NFT non-interchangeable tokens segments, which were originally based on the Ethereum blockchain.

This trend has caused the number of addresses with a balance of more than 0.1 ETH to jump to 6 million in 2021 from 3.5 million a year earlier.

The hash rate on the Ethereum network also renewed a few days ago and reached a record high of 1.1 PH/s. This news came on the backdrop of the network's ongoing gradual transition to the proof-of-stake system. Open / Comment

2022-01-31 17:44:00 Wonderland co-founder ready to shut the project down

Wonderland co-founder Daniele Sestagalli tweeted that the Avalanche-based reserve currency experiment (AVAX) is coming to an end. "A split in the community means we have failed."

The vote to keep or wind down the project came after Sestagalli asked former Wonderland Treasury chief Michael Patrin ("0xSifu") to resign.

Patrin sensationally announced Jan. 27 as co-founder of the now-defunct QuadrigaCX exchange. He had been tried for credit card fraud and pleaded guilty to several related crimes.

There have been several active votes on the Wonderland management forum, but at the time of writing, 55 percent voted to shut down the project and return the contents of the coffers to depositors, while 45 percent voted to disband. Sestagalli said the split led to a unified decision. Open / Comment

2022-01-29 18:02:01 DeFi Users Fear All Stablecoins Falling

The scandal has undermined investors' faith in the stablecoin pair, MIM and UST, with users now rushing to sell their tokens, and the uproar may result in the unpegging of the coin from the dollar.

Investors are concerned that the loss of one stable coin could lead to a "contagion effect," dropping the value of several Stablecoins at once.

Popular network analyst zachXBT said on Twitter that the creator of Wonderland (TIME), DeFi's reserve currency, is actually Michael Patrin, co-founder of the infamous and fraudulent Canadian crypto exchange QuadrigaCX.

This so-called "discovery" caused Wonderland's price to drop by 40%.

The stable MIM coin from the creator of Abracadabra is one of the victims of the crisis of confidence. The ensuing low liquidity briefly pushed MIM away from pegging to the dollar on the curve during the day.

This, in turn, drove Terra's stable UST coin. Open / Comment

2022-01-29 16:39:01 Meta (Facebook) has applied for a trademark registration with the word "bitcoin"

Meta Corporation, formerly known as Facebook, has filed a trademark application in Brazil that mentions bitcoin.

The application is filed in December 2021 and refers to the design, development and implementation of software for third-party digital currency transaction verification services, including bitcoin.

In addition, the document specifies the creation of a virtual online environment for selling and buying digital currencies, virtual currencies, cryptocurrencies, digital and blockchain assets, digital securities, tokenized securities and utility tokens.

The company abandoned the Diem project, i.e. the creation of its own steblecoin based on a distributed ledger. Along with this, the company intends to create its own meta-universe, and it is logical to assume that cryptoservices will be represented within it. Open / Comment