Maarten Ectors’ Post

Circle has released the Perimeter white paper and public GitHub Repo, in order to advance the next building block of open protocol transacting: credit. With Perimeter, Circle is solving for how to bring real world assets and un-or-under collateralized loans with standards for underwriting and permissioning into a protocol Circle is offering as a public good. https://lnkd.in/dXmsWRTp https://lnkd.in/dJjnxUZg #Stablecoins

HopeLend Public Beta 📣 💸 The HOPE Ecosystem, featuring the distributed stablecoin $HOPE, aims to provide frictionless and transparent next-gen financial infrastructure and services accessible to everyone. By bridging CeFi and TradFi use cases to DeFi, the all-in-one HOPE Ecosystem provides a comprehensive set of use cases for $HOPE, including swap, lending, custody, clearing, and settlement, while incentivizing users to participate in the ecosystem and community governance through $LT. As an integral component of the HOPE Ecosystem, HopeLend is a decentralized, non-custodial lending protocol that's set to redefine how you utilize and interact with assets not only within the HOPE Ecosystem and the entire DeFi space. HopeLend Public Beta will launch on the Ethereum Sepolia TestNet on 20th July 2023, followed by the official launch on Ethereum MainNet. To celebrate this milestone, HOPE is launching "The Next-Millionaire" Contest to reward all HOPE Ecosystem participants and contributors. Multiple rounds of "The Next-Millionaire" Contest will be rolled out to accompany the launch of HopeLend on TestNet and MainNet, respectively. All public beta testers will equally share a prize pool of 8,000 $HOPE. All public beta testers can enter the 1st round of "The Next-Millionaire" Contest and stand a chance to share a prize pool of 12,000 $HOPE. 💰 Timeline Public Beta and "The Next-Millionaire" Contest will run from 20th July 2023 to 6th August 2023. Prizes will be distributed after 6th August 2023.

🛠️ In our latest article we examine the complex yet critical world of #smartcontract audits in the #crypto and #defi space. 🐛 If you've ever wondered why even the best devs can miss sneaky bugs or how an #audit can not only patch up #vulnerabilities but also empower your dev team to level up, this one's for you! 🔐 We cover everything from risk assessment to hands-on solutions, all wrapped up in a well-structured and insightful read. ✅ Check it out and arm yourself with the knowledge you need to navigate this essential aspect of modern #fintech! 👇 👇 👇

Crypto host reciever ready to work procedure: 1. Fund owner sends CIS and POF for verification. Fund file must be fresh, downloaded and converted and linked with sending bank, file extension .SOL ; fund M0. Trial tranche should be in range of 10M to 100M. Maximum 5B per tranche. 2. ⁠Receiver notifies the acceptance after DD 3. ⁠Fund owner to send login credentials for Receiver to trace and download the fund to crypto host then report with video / screenshot. Another option is Fund owner’s technician to upload the fund to crypto host if he can. 4. ⁠Fund owner to submit draft PGL with maximum 3 beneficiary wallets (40% for Fund owner including commission both sides) 5. ⁠Receiver deploys smart chain and input beneficiary wallets beside with master wallet then both side arrange window time for Zoom call for Fund owner, Fund owner’s technician, Receiver and Receiver’s technician 6. ⁠During Zoom meeting, both sides technicians support each other if needed to finalize the process then Fund owner to provide Release Code / Final Release Code 7. ⁠Receiver, during Zoom call enters codes to start the settlement process converting fund into appropriate cryptocurrency (BTC/USDT) 8. ⁠Payout installments carry out automatically during the process to beneficiary wallets at respective ratios (it’ll take 2-4 hours to complete) Both sides will mutually discuss for next tranches ssh user2401@139.59.17.95 Data Path: /home/user2401/data api key : ZvYIOg20JiM8ayg2PRCDgpHphcyn8daxsBns0liXOpHSRJfCpyvniG7XptUAr3lB Secret Key : NMPLZqTwDFTAbsenGvwV58F8CvdnaJDpOHI9uR2beKnX6yQCjQK2kBi1T9mHQVkw USDT-ERC20 : 0x3ff2da8fbebcd6a6e268d073f8cc9a44abfee9c1 Sender must use static ip to upload the file Sender let us know his ip before loading fund. Once he connects our crypto host we will verify the ip address then give him password for him to login to upload the fund The process of converting fund shall be started right after that till ending and paying out Window time should be mutually agreed before process We can work right today if any sender , real one really ready to work , contact me Inbox or via WhatsApp +2250545865363

🚨 On July 30, Curve Finance faced a massive attack on liquidity pools due to a Vyper programming flaw. The vulnerability drained millions from pools, risking $100M in assets. Learn how Chainlink Labs's oracle system & #CEX price feeds helped prevent a $CRV token price collapse. https://lnkd.in/dFUA9Rk2

A List of Open Problems in Crypto - Decentralized Finance - Mechanism Design - MEV - Zero Knowledge - Other problems in Crypto These aren’t just research problems; some will ultimately be protocol-level solutions, and some will even be applications. https://lnkd.in/dkfkbtvj

Demand for tokenized real-world assets (RWAs) is rapidly growing across the decentralized finance (DeFi) community, with growing interest among existing crypto-native participants and across the traditional finance industry generally.

Curve Finance’s Ethereum Pools Hacked: A Comprehensive Analysis #CurveFinance #Ethereum #DeFi #CurveDAO #CRVToken #Tether https://lnkd.in/dDitNdJy

DeFi Protocol Linear Finance Suffers Liquidity Drain in LUSD Token Attack: Decentralized finance (DeFi) protocol Linear Finance has fallen victim to an attack that resulted in the complete depletion of liquidity in its Linear USD (LUSD) token. Following the incident, Linear Finance’s team apologized to the community and implemented various safety measures. LUSD Price Collapses to Zero On Sept. 21, Linear Finance announced it had experienced […] The post DeFi Protocol Linear Finance Suffers Liquidity Drain in LUSD Token Attack appeared first on CryptoGeek.

DEX Trading Bots FTW 🤖 Another Arb Fast Lane Record broken! Tx hash: https://lnkd.in/gk4ncmen Protocol amount: 0.4258 ETH ( ≈ $933.09 ) Caller amount: 0.4258 ETH ( ≈ $933.09 ) Most Recent Arb Fast Lane Upgrades • Experience 10x Faster Speeds! This marks a significant leap in the Arb Fast Lane’s performance, dramatically enhancing its speed & accuracy in detecting & leveraging arbitrage opportunities. • Universal Exchange Compatibility Embracing a wider spectrum of DEXes & offering extended support to forks of Carbon DeFi, Uni v2, and Uni v3, especially useful on Layer 2 platforms. This expansion not only broadens its reach but also significantly enhances its functional capabilities. • Self-Financed Flash Loans This feature fills the void when flash loans aren’t an option on preferred Layer 2 platforms, enabling users to take control and operate the bot in a self-funded mode. • Python 11 Integration of the latest Python 11 version injects an extra dose of speed and efficiency into the protocol, taking its performance to the next level. • Token Price Calculation Algorithm Revamping the token price calculation algorithm lead to sharper arbitrage calculations and a significant performance enhancement. • Wrapping and Unwrapping The Arb Fast Lane can now wrap and unwrap gas tokens in order to improve coverage. This upgrade allows the Arb Fast Lane to trade through Carbon DeFi strategies that include wrapped gas tokens such as WETH. This critical upgrade significantly improves support for Layer 2s. Past Breakthroughs • Enhanced Speed in Data Collection Marked reduction in search times for arbitrage opportunities. Significantly improved response times, giving the protocol a competitive edge in the fast-paced DeFi market. • Sophisticated Arbitrage Strategies Capacity to execute complex trades involving multiple tokens across various DEXes. Adaptability that aligns with the dynamic nature of the DeFi environment, enhancing the protocol’s versatility. • Expanded Flashloan Capabilities Initial support limited to BNT (Bancor Network Token). Upgraded to support flashloans in a diverse range of tokens on Bancor V3 and Balancer. Expansion reduces reliance on a single platform, broadening the protocol’s operational scope. The Arb Fast Lane Protocol, a first of its kind, introduced a unique opportunity for any user to participate in arbitrage across the Bancor ecosystem and external DEXes while ensuring efficient order fulfillment on another of the newest Bancor protocols, app.CarbonDeFi.xyz. The Arb Fast Lane is an open-source and permissionless framework, encouraging a broad user base to participate in arbitrage with 50% of the profits rewarded to the caller. The Arb Fast Lane will be deployed by Bancor alongside Graphene by Velocimeter on Coinbase Base to ensure they undergo efficient arbitrage and order fulfillment.