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This week, the market is dominated by small fluctuations after the falls; BTC's market share this week hit a new high since April 21...

Luke is the Head of Product at Cobo Argus and a DeFi enthusiast. From the perspective of miners participating in DeFi mining, this article discusses how to reasonably use Cobo Argus to deal with the Curve crisis. The DeFi world has been in crisis for the past two days due to the latest attack on Curve. Since the attack on July 30, the price of CRV plummeted from 0.74 USDT to below 0.5 USDT. It rebounded slightly today and is currently stable above 0.6 USDT. Although it has been found that the attack was caused by a bug in the old version of the Ethereum programming language Vyper, the crisis facing Curve has not been eliminated. Since the founder of Curve will hold a large amount of CRV for mortgage loans on the chain, once the price falls further...

Author: Axia8 Ventures Source: medium Compilation: Jinse Finance, Shan Ouba On June 21, 2023, MakerDAO purchased another 700 million U.S. dollars in national debt, and its current holdings of U.S. national debt have exceeded 1.2 billion U.S. dollars. For a long time, the market capitalization of RWA was very small. Until October 2022, MakerDAO purchased US$500 million in treasury bonds, which officially opened the prelude to the rapid growth of the RWA market. At present, among MakerDAO's assets, RWA has surpassed stablecoins to become the largest asset category, with a scale of 1.929 billion, accounting for 41.2%. RWA can not only accelerate the growth of TVL, but also increase MakerDAO’s protocol revenue. The latest data shows that RWA contributed more than 52% of MakerDAO's revenue. At the same time, another Defi giant C...

The Solv Protocol aims to unlock the potential of Bitcoin in Decentralized Finance by enabling over $1 trillion of idle BTC to participate in high-yield DeFi activities through a liquidity consensus infrastructure. It supports users to stake Bitcoin, enjoy diverse yield opportunities, and enhance platform transparency and security.

Decentralized Finance Industry Biweekly Report: Bitcoin Hits New High of $90,000 1. Observations on the Decentralized Finance industry 1. The new president of the United States supports cryptocurrency policy On November 6, 2024, the newly elected US president expressed support for cryptocurrency policies, allowing donations in cryptocurrencies like Bitcoin and publicly opposing the previous administration's anti-crypto policies. The new president plans to strengthen support for Bitcoin and the crypto industry after taking office, ensuring that the US becomes a leading nation in crypto and Bitcoin, and announced that the US will retain all national-level Bitcoin reserves. 2. Bitcoin broke through $90,000 this week This week, Bitcoin performed strongly, briefly breaking through $90,000, setting a new historical high, and once again refreshing its market capitalization ranking. Bitcoin's market capitalization has surpassed Meta, solidifying its position as the ninth largest asset in the world. Analysts believe that the recent strong rebound of Bitcoin reflects an increase in market demand for crypto assets, the U.S. government...