Transparency

On March 25th, NFEX founder nfex dragon said on Twitter that a new address 9082D2 (0x90… fba9), which had been created for only six days, quickly ranked fifth on the Blur scorebo

It is reported that the blockchain real estate technology startup HousAfrica has announced the completion of a $400000 financing. Its supporters include Future Africa, SSE Angel Ne

On March 25th, according to on-chain data, BTC assets from the closed BTC-e trading platform have been moving on the chain for the past two weeks. Initially, an anonymous wallet ad

On March 22, it was reported that the audit DAO Code4rena had sold 150 million ARENA Tokens (accounting for 15% of the total) to Paradigm for $6 million, which had been voted through. Previously, it was reported that Paradigm was seeking to acquire 150 million ARENA Tokens (accounting for 15% of the total) from the audit DAO Code4rena for $6 million. Interpretation of this information: The recent news about the sale of 150 million ARENA Tokens, which account for 15% of the total token supply, by the audit DAO Code4rena…

On March 21, DefiLlama tweeted that there were no plans to issue LLAMA tokens at present, and any air drops would be discussed with the community. The DeFi Llama team would like to apologize for the incident that occurred yesterday, which was caused by poor communication and misunderstanding within the team. The team will take steps to operate in a more transparent manner to ensure that this does not happen again. According to previous news, the DefiLlama team has split over whether to issue tokens. Founder 0xngmi has launched a…

According to reports, the All LSD Super Liquidity Agreement LSDx Finance tweeted a response to clarify the community’s red flag query, announcing the address of the fund pool, indicating that changes will be made to increase transparency and optimize management, including destroying foundry and administrator permissions in the proxy, and adopting multi-signature management for future treasury addresses. Interpretation of this information: The message is about the All LSD Super Liquidity Agreement LSDx Finance’s response to an issue raised by the community regarding their fund pool. In response to the issue,…

According to reports, a recent study by economists identified 186 banks at risk. These banks face similar problems to those that led to the collapse of banks in Silicon Valley. In the process of the Federal Reserve’s rapid interest rate hike, economists evaluated individual banks in the United States. They assessed asset books and market value losses. The value of assets such as Treasury bills and mortgages may decline. This happens when new bonds offer higher interest rates. Their findings indicate potential problems. If half of these uninsured depositors were…

On March 18, a blockchain analysis company, Nansen, released the on-chain contract log and intraentity transaction share data since the establishment of Arbitrum One. It was shown that GMX accounted for approximately 22% of the total transactions, ranking the first, with Treature (19%), SushiSwap (9%), Uniswap (6%), and Hop Protocol (5%) ranking the second to fifth. Nansen clarified that regarding ARB airdrops allocated to the community, the on-chain contract log and intra-entity transaction share are only one of many indicators related to the activities of DAO on the Arbitrum chain,…

According to reports, Tesla CEO Musk tweeted that Twitter will open source all the code used for tweeting recommendations on March 31. Our “algorithm” is too complex and not fully understood internally. “People will find many stupid things, but we will fix them as soon as we find them.”. We are developing a simplified method to provide more attractive tweets, but this work is still ongoing and will also be open source. Providing code transparency can be embarrassing at first, but it should quickly improve the quality of recommendations. Most…

According to reports, a class action lawsuit filed against multiple crypto KOLs, claiming that they “actively promoted FTX to millions of fans, but did not disclose their funding.” The defendant list includes Erika Kullberg, Ben Armstrong, Kevin Paffrath, and Meet Kevin. The lawsuit adds that some creators have now removed all video clips that support FTX and praise SBF from social media. （The Block） Interpretation of this information: The crypto industry has been under scrutiny due to a class action lawsuit filed against several crypto Key Opinion Leaders (KOLs) who…

According to reports, British Finance Minister Jeremy Hunt announced his new measures at the annual budget meeting on Wednesday, saying that officials are revising their self-assessment tax returns to require a separate determination of the amount related to encrypted assets. The move is expected to raise an additional £ 10 million ($12 million) in tax revenue annually. At the same time, officials say they will maximize the potential of the metauniverse and manage downside risks in terms of privacy, security, and harm. Interpretation of this information: The British government is…

According to reports, PeckShield monitoring showed that # 9925 of NFT series “Checks-VV Edition” was stolen on OpenSea by the address beginning with 0xc729. Interpretation of this information: The recent news regarding the theft of NFT series “Checks-VV Edition” on OpenSea has created a stir in the crypto community. Reports from PeckShield monitoring indicate that the stolen NFT belongs to # 9925 of the series and was taken by an unknown address starting with 0xc729. This highlights the missing security features that continue to pose a threat to the integrity…

According to the report, Idle Finance of the DeFi agreement tweeted that after investigation, the exposure of Euler Finance event to the agreement’s Yield Tranches strategy involved about US $5.35 million in stable currency and 320 ETHs, and the exposure of Best Yield strategy involved US $4.8 million in stable currency and 313 ETHs. Interpretation of this information: The recent report by Idle Finance on the DeFi agreement has revealed some concerning news regarding the Euler Finance event. The investigation found that the exposure of the agreement’s Yield Tranches strategy…

On March 13, the loan agreement Euler Finance tweeted: “Our team is currently working with security professionals and law enforcement departments. We will release it immediately after receiving further information.” Interpretation of this information: The tweet from Euler Finance posted on March 13 is a brief statement that indicates that their team is currently collaborating with security professionals and law enforcement departments. The purpose of this collaboration is not disclosed in the tweet. However, it is stated that Euler Finance will release information immediately after more information is gathered. The…

It is reported that Zhao Changpeng, the founder of Coin Security, tweeted that since banks are audited, a bold idea is that perhaps banks should use merkle tree to prove reserves? Some, even if not 100%, we should know some, right? Interpretation of this information: The message implies that Zhao Changpeng, the founder of Coin Security, has suggested that banks should use merkle tree to prove their reserves. The basis of this idea is that banks are audited, and using merkle trees could potentially provide more transparency for the public….

It is reported that, according to Twitter user Bit ember monitoring, 8 hours ago, a Uniswap team member/investor/consultant address transferred 1 million UNI (about US $6.09 million) to Coinbase. Interpretation of this information: The recent news of a Uniswap team member transferring 1 million UNI tokens to Coinbase has caused quite a stir in the cryptocurrency community. It is reported that the transfer was made 8 hours ago and is worth approximately US $6.09 million. The identity of the team member remains unknown, but some speculate that this could mean…

According to reports, Gary Gensler, chairman of the Securities and Exchange Commission (SEC), said that since ancient times, the financial world has been based on trust and the rule of law. In addition, from banks to stock exchanges, finance has tended to be centralized and interconnected. The encryption market is no exception. First of all, intermediaries and tokens should comply appropriately by themselves. The business structure of cryptocurrency intermediaries should comply with our laws governing stock exchanges, broker-dealers and clearinghouses; They can develop rulebooks to prevent fraud and manipulation. The…

According to the report, Covent tweeted that it had cooperated with Polygon zkEVM. From March 27, users can access Polygon zkEVM data through Covent. This cooperation further strengthens the role of Covalent as the first Web3 data aggregator and provides complete data transparency for zkEVM blockchain. Interpretation of this information: The message states that Covalent has partnered with Polygon zkEVM, and as of March 27th, users can now access Polygon zkEVM data through Covalent. This collaboration aims to enhance the role of Covalent as the leading web3 data aggregator, thereby…

It is reported that Ryan Selkis, CEO of Messari, said on social media that if the future of finance is tokenized, and most open agreements use tokens for management/incentive adjustment, Interpretation of this information: then the future of work is also tokenized. Selkis believes that the decentralized tokenized economy is evolving at a rapid pace, and it is only a matter of time before tokenization becomes the mainstay of the global economy. He says that tokenization brings transparency and accountability to every transaction, making it efficient, secure, and reliable. Selkis…

On March 8, US Senator Ed Markey presided over the meeting of the Committee on Environment and Public Works yesterday, focusing on the energy use of Bitcoin Mining. Markey is the sponsor of a bill that requires miners to improve their transparency of environmental impacts. Interpretation of this information: The recent meeting chaired by US Senator Ed Markey on the energy use of Bitcoin Mining shed light on the environmental concerns surrounding cryptocurrency mining. The discussion focused on how the mining of digital currencies like Bitcoin impacts the environment and…