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. Let’s go back tonews last week‘Crypto Weekly to keep you informed about the current situation of cryptocurrencies.
Cryptocurrency News in Brief
▶ The Federal Reserve is interested in the Lightning Network. Therefore, he commissioned a study on Bitcoin’s second-tier solution.
▶ The protocol Aave announces GHO its stablecoin. 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 hack. One of the engineers allegedly downloaded a job offer containing malware. This allowed the attacker to access the “admin keys” of the protocol.
▶ Sorare signs a partnership with Zinedine Zidane. The emblematic French player thus becomes the ambassador and effigy of the game.
▶ Rise in Twitter scams. Several new scams abound on Twitter, you have to be wary of them and adopt good practices to avoid getting fooled.
▶ ECB still at war with stablecoins. In its latest report, the ECB argues that stablecoins could have detrimental consequences on the financial system.
▶ Presentation video of the Cosmos blockchain and its ecosystem of applications.
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The 5 metrics of the week
➤ 400,000this is the number of sETHs recovered from Celsius after repaying one of his decentralized loans on Aave. In addition, the company also repaid the debts allowing it to recover 63 million dollars on Ave.
➤ $ 55.7 billionthis is the amount of the reserves of the company Circle, a native of the USDC. There are $ 42.12 billion in short-term and even US Treasury bills 13.58 billion dollars Cash.
➤ $ 8 millionit concerns of the amount stolen in a phishing attack against Uniswap. In total, more than 7,000 ETH 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 in the fall of the Terra Luna MTS.
➤ 2023is the year targeted by the Banque de France for the launch of the e-euro. By announcing that they will be “ready to provide 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 implementing 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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