DeFi Daily | Poly Network Attacker: Will not hand over the key for the time being this week

DeFi data

1. DeFi total market value: 116.906 billion US dollars

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Source of top ten currency ranking data by market value DeFibox

DeFi total market value data source: Coingecko

2. Transaction volume on decentralized exchanges in the past 24 hours: USD 5.48 billion

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Source of transaction volume data on decentralized exchanges in the past 24 hours: Debank

Top 10 DEX by trading volume Source: DeFibox

3. The total amount of loans lending platform DeFi: 281.9 Yi Meiyuan

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Data source of total borrowings on DeFi lending platform: Debank

Ranking of the top ten lending platforms in terms of lock-up volume. Source: DeFibox

4. Assets locked in DeFi 77.47 billion

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The top ten rankings of locked assets in DeFi projects and the amount of locked positions, data source: Debank

DeFi hotspot

1. Poly Network attacker: The key will not be handed over this week, the Poly team can focus on the process of repairing and restoring assets

At 20:46 on August 18th, the Poly Network attacker issued a message to the Poly team saying that it was great to see that you are moving in the right direction. The article you wrote is very convincing, but your behavior shows your distrust. This game is so interesting. You never even thought about unlocking my USDT account. I am not ready to send you the key this week. If you are worried about interest, I can sign the transaction of DAI tokens to the previous multi-signature wallet, and then you can deposit into Stables as I did last week. The situation is the same as it was a few days ago: if you believe me, then you can rest and focus on the repair and recovery process. You can always trust me: holding BTC and ETH is better than trading them.

2. SushiSwap CTO: White Hat shot to rescue BitDAO’s US$350 million assets in the MISO Dutch auction fund pool

Blockchain investment agency Paradigm research partner and white-hat hacker samczsun wrote an article to disclose that BitDAO’s smart contract for Dutch auctions on the SushiSwap MISO platform yesterday had a security vulnerability. Several white-hat hackers jointly rescued 109,000 ETH from the crowdfunding pool ( About 350 million U.S. dollars). Joseph Delong, CTO of SushiSwap, subsequently released a vulnerability analysis, confirming the vulnerability reported by samczsun and the white hat rescue operation. The $350 million worth of ETH in the ETH crowdfunding pool on the MISO platform is now safe. Samczsun said that this may be the biggest white hat rescue operation. This white hat rescue operation led to the early termination of the ETH fund pool in the Dutch auction conducted by BitDAO on the MISO platform. Participants can receive BIT tokens in advance and trade on SushiSwap. Paradigm research team members, Immunefi team members and SushiSwap development team participated in this action.

3.1inch integrated into Ethernet Square Layer main network expansion program Optimistic

The 1inch DEX aggregator is integrated into the Optimistic mainnet of the second-tier expansion plan of Ethereum. It is reported that this is the second project integrated on Optimistic after Uniswap. Before the launch of the quick withdrawal function, although the transfer of assets from the Ethereum mainnet to the Optimistic mainnet is instant, there will be a 7-day challenge period from Optimistic to Ethereum. In May of this year, 1inch also integrated into another expansion network Polygon, providing users with multiple sources of liquidity based on Polygon, including Aave V2, Cometh, Curve, SushiSwap, QuickSwap, etc. A 1inch spokesperson said that the agreement is also considering other blockchains, including Solana, Avalanche, Tron, Near, and Layer 2 solutions such as Arbitrum and zkSync.

4. The total lock-up value of the Solana chain protocol exceeded US$2 billion for the first time

According to data from DeFi Llama, the total locked-up value (TVL) of the agreement on the Solana blockchain exceeded US$2 billion for the first time, and the ranking rose to fifth place. The top four blockchains by TVL are: Ethereum, Binance Smart Chain, Terra , Polygon.

5. The DFINITY Developer Incentive Program has issued the first $1 million in funding to 60 development teams or companies

The DFINITY Developer Incentive Program has issued the first $1 million in funding to 60 development teams or companies that develop applications on InternetComputer. The DFINITY Foundation stated that in the first 10 weeks after InternetComputer was released, it attracted thousands of developers and 250,000 new DApp users, with decentralized versions of Reddit, WhatsApp, LinkedIn, Medium, Dropbox, Trello, and DeFi, NFT and The game projects are completely run on the chain.

6. O3 Labs: O3 Token’s cross-chain function is partially restored

O3 Labs tweeted that the cross-chain function of O3 Token has been partially restored, and users can now freely exchange O3 across ERC20/BEP20/HRC20. The Polygon chain will run within a few days, and other cross-chain pool services will soon resume.

7. The Cardano decentralized exchange OccamX will soon be completed

On August 18, it was reported that OccamX, a decentralized exchange built for the Cardano blockchain ecosystem, has overcome key technical obstacles, and the platform is nearly complete. OccamX will become one of the first decentralized exchanges to be launched on the Cardano blockchain. OccamX is supported by the native token OCX, through which users can participate in the governance of OccamX, including voting on exchange system parameters, project launches and Occam improvement suggestions. The token will also play a key role in the liquidity supply of the OccamX platform.

8. The community development team initiated a proposal and applied for $98,000 to Aave for the development of mobile applications

On August 18, the 2001 DeFi team initiated a $98,000 funding application proposal in the Aave Grant DAO, planning to develop a mobile application based on React Native technology for the Aave protocol, supporting iOS and Android systems. The team hopes to introduce more new users of the Aave protocol through the development of mobile apps, and to more easily access the Aave protocol to view community proposals and voting progress. The current support rate for the proposal is 100%, and voting ends on August 20.

NFT

1. NFTPad and Twin Apex Capital reached a cooperation

NFTPad, a cross-chain NFT platform, has reached a partnership with Twin Apex Capital. Twin Apex is a blockchain-centric private equity company that provides smart funds for emerging encrypted assets and digital currency-related projects.

2. North American e-sports organization NRG Esports announced that it has reached a cooperation with Guild of Guardians to develop NFT collections

North American e-sports organization NRG Esports announced a partnership with the blockchain mobile game Guild of Guardians to jointly develop NFT collections. Guild of Guardians is a NFT-based mobile RPG game currently under development and will be released on mobile platforms in early 2022. People in the e-sports industry said that e-sports organizations are ready to embark on the journey of NFT competition, and this has gradually become apparent. Unlike other partners, NFT integrates e-sports organization into the game, which is very unique.

3. The web version of the multi-chain revenue aggregator and NFT platform Roseon Finance has been released

Multi-chain revenue aggregator and NFT platform Roseon Finance announced the release of Roseon’s web version, which can be used on all devices.

4. Sad Frogs District, an avatar NFT project, was removed from OpenSea due to alleged infringement

The avatar NFT project Sad Frogs District has been removed from OpenSea. OpenSea stated that it received a removal request from the creator of Pepe Frog, Matt Furie. Sad Frogs District used his frog without permission from Matt Furie. Image.

5. Poly Network: Hope that white hat hackers will contribute to the security of the protocol as an important governor of Poly Network

Poly Network published “An Open Letter Written on the First Anniversary of the Poly Network Mainnet”, this letter is addressed to Poly Network attackers (white hat hackers). The letter mentioned: We very much hope that you can participate in the decentralization process of Poly Network and contribute to the security of the protocol as an important governor of Poly Network in the future.

 

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/defi-daily-poly-network-attacker-will-not-hand-over-the-key-for-the-time-being-this-week/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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