Wu Jiezhuang, a member of the Legislative Council of the Hong Kong Particular Administrative Area, believes that turning the Hong Kong digital greenback (e-HKD) right into a stablecoin would supply advantages for the adoption of latest applied sciences like
DeFi
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Developed by Ralph Merkle in 1979, the Merkle tree technique is a means of proving {that a} sure piece of knowledge is included in a set of knowledge, with out revealing your complete set of Below the proof-of-reserves technique,…
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A number of Web3 use circumstances, together with DeFi, GameFi, SocialFi and nonfungible tokens (NFTs), emerged via the final bullish DeFi has been the biggest market cap exercise inside Web3, with a peak whole worth locked (TVL) of over…
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Lido’s TVL overtook that of MakerDAO (MKR) within the final 24 hours after rising by to In keeping with the info aggregator, this locations Lido’s dominance at of your complete DeFi TVL of the…
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In accordance with information from DeFiLlama, Lido’s liquid staking protocol now instructions billion in TVL, in comparison with MakerDAO’s billion and AAVE’s Lido now has the best TVL of any DeFi Patrick | Dynamo…
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Altcoin NewsNews
DeFi sees exploits and exit rip-off drama within the final week of 2022: Finance Redefined
by Jeremyby JeremyFor DeFi, the final week of 2022 noticed one other slew of exploits, insider job accusations and exit rip-off It began on Christmas, when Defrost Finance, a decentralized leveraged buying and selling platform on the Avalanche blockchain, was exploited…
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In an announcement, the corporate’s founder and CEO Iakov Levin often known as “Trevor” wrote that the transfer is partly as a result of the fund’s DeFi portfolio misplaced $50 million, which is 20% of its $250 million belongings beneath…