The week of 16/01 In short – 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
▶ Sushiswap plans its relaunch. Jared Gray offered to complete review of the protocolincluding a reduction in expenses, a revision of the tokenomic to support the project in the long term.
▶ Shiba unveils its Ethereum rollup. Authorized, shibariumthe project does not aim to increase the price of the token, but to create an ecosystem around the Shiba Inu.
▶ Polygon has seen a hard fork which has brought about many improvements. The main goal is to reduce transaction costs during periods of high activity by increasing the base rate and leveling the rate of increase of the latter.
▶ The Former executives of defunct investment fund 3AC have announced plans to create a new cryptocurrency exchange, titled GTX. Victims of the 2022 serial crashes could partially liquidate their claims in exchange for a “new” token.
▶ Solana sticks her head out of the water thanks to BONK. The blockchain managed to find the fur of the beast thanks to a dog-headed token called BONK. At the same time, she brought Solana (SOL) price up with her when it launched.
▶ Having trouble understanding how NFTs work or why? Don’t worry, a video dedicated to NFTs has been released.
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The 5 metrics of the week
➤ 65 billion dollarsthis is the amount of “secret credit line” thatResearch Alameda could have borrowed through a backdoor created on the orders of Sam Bankman-Fried, founder of FTX. This revelation was made during a Delaware bankruptcy court hearing by FTX attorney Andrew Dietderich.
➤ $7 millionis the amount that the General Society has loaned in DAI on the protocol MakerDAO. This integration allows the French bank to borrow up to 30 million DAI collateralized by OFH tokens, which SG Forge can deposit in the new RWA – real world assets – asset vault created by MakerDAO.
➤ 20%it’s here share of Coinbase employees that they have been fired to reduce operating expenses. This move is tied to the cryptocurrency winter in 2022 and the broader economic downturn.
➤ $2.5 millionis the quantity of one scam exit reported by the blockchain security company Certificate. The founders of two contracts, CirculateBUSD and CirculateWBNB, have hollowed them out and are now trying to launder funds. Certik also discovered a backdoor in the “Start Trading” feature, which was allegedly used to carry out this scam.
➤ 64 million dollarsand the amount in ETH moved by the group of hackers Lazarus. These funds had been obtained following the hack of the Harmony cross-chain bridge protocol.
Have a good week in the Journal du Coin! 🙂
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