Blockbuster Weekly: 2020 Hottest DeFi Project Inventory; Polkadot Ecological Survey
Keywords of this issue:
Keywords of this issue:
DeFi inventory, AMM detailed explanation, Polkadot ecological survey, Bitcoin giant whale, Bitcoin anchor currency, ETH2.0, Voice online, KuChain public beta, Layer2 detailed explanation, Vether attacked, Uniswap, Curve, Balancer.
1. Data: Compound’s capital scale exceeded 1 billion US dollars
According to the news on June 29, DeBank data shows that the capital scale (total mortgage amount + loan balance) of the cryptocurrency lending agreement Compound has exceeded 1 billion US dollars, and it is now 1002005342 US dollars. As of now, the total mortgage assets on the Compound platform are 629,586,807 US dollars, and the outstanding loan balance is 372,209,928 US dollars.
2. Altona v0.12, the Ethereum 2.0 testnet, starts running on the four major clients
On June 29, the official Twitter of Bitfly (the parent company of Ethermine mining pool) stated that the Ethereum 2.0 test network Altona v0.12 has been officially launched, and the four major clients of Prysm, Teku, Lighthouse and Nimbus have started to run the test network (Note: Sigma Prime mentioned in the Bitfly tweet is the development team of the Ethereum 2.0 client Lighthouse).
3. Vether was hacked and lost VETH worth $900,000
On July 1st, Coingecko research analyst Daryl Lau tweeted today that the cryptocurrency project Vether (VETH) was attacked, and the Uniswap fund pool was exhausted with 919,299 VETH, worth about $900,000, and the entire attack cost only There is 0.9 ETH, which is about $200.
4. The KuChain public beta officially started
On July 1, the KuCoin exchange reported that the KuChain team released the public beta version of the test network Kratos: KuChain Betanet on July 1, and officially launched a one-month public beta activity. KuChain is a public chain project that KuGroup provides solutions to the existing needs in the field of decentralized finance, and it is also the future main network of KuCoin platform currency KCS.
5. Voice officially announced that the App has been launched in the Apple App Store, and the Android version will be launched soon
On July 4th, Voice, a decentralized social media supported by Block.One, officially announced on Twitter that the App has been launched in the Apple App Store, and the Android version of the App will be launched soon. At 12 o'clock on July 4th, Voice began to open to users around the world.
In more than a year from 2019 to 2020, the Web3 Foundation has completed funding for 129 ecological projects in 6 batches, of which 18 are repeated funding projects. So which projects are crowding into the Polkadot ecosystem? From what aspects are you making changes to the community and ecology? When the Polkadot mainnet is about to come out, you have to understand the situation of these ecological builders.
Layer 2, as the most important expansion method before the completion of Ethereum 2.0, finally ushered in the year of landing in 2020. And it also ushered in an era of bayonet fighting, just like the public chains fighting for TPS and ecology 2 years ago. This article will try to use vernacular as much as possible to give readers a brief introduction to the current Layer2 directions and the various projects represented.
Since 2020, the amount of locked DeFi tokens and the number of active addresses have repeatedly broken new highs, and DeFi has become one of the top hotspots in the blockchain industry. Since the concept of DeFi came into being, there have been thousands of related blockchain projects, and the ecosystem has begun to take shape. So, what are the hottest DeFi projects worth paying attention to this year? Let's take stock one by one today.
The core value of automated market makers lies in: creating markets through algorithms. When it comes to automated market makers, there are three projects that cannot be bypassed: Curve, Balancer and Uniswap. DeFi is like a building, and these applications are an integral part of the infrastructure. This article will explain the infrastructure of the AMM platform for you through these three well-known automated market makers.
1. Bitcoin whales increased for the first time in four years. Where did they come from? (Recognize the QR code directly)
For the first time since 2016, the number of Bitcoin whales has increased. Where are these new Bitcoin whales coming from? Are they hoarding more Bitcoin than ever before? This article conducts a detailed investigation and analysis of the newly entered Bitcoin whales through various on-chain data.
2. Will BTC become the first "victim" of Ethereum's gravity well?
As Compound, Maker, and a few other DeFi apps start offering permissionless financial services using Bitcoin as collateral, people are choosing to migrate their native BTC to the Ethereum network to take advantage of whatever range of value capture is available on the network . So, will the number of BTCs on Ethereum eventually surpass the number of BTCs on the Bitcoin network?
3. The market outlook is bullish? Multi-angle analysis of BTC fundamentals
Since Bitcoin’s halving, while price action has remained relatively stable, there have been interesting developments on-chain and in market activity. By analyzing data from IntoTheBlock, we were able to get a holistic overview of the current state of Bitcoin. And better understand Bitcoin fundamentals in terms of network activity, ownership patterns, and correlations to broader markets, order book data, and derivatives markets.
1. Canadian listed mining company Hut 8 Mining completes equity financing of over US$8.3 million
On June 30, according to Lianwen News, Hut 8 Mining, a Canadian listed mining company, announced last week that it had completed an equity financing of more than US$8.3 million.
2. Encryption-friendly bank solarisBank completes USD 67.5 million in Series C financing, with a post-investment valuation of USD 360 million
On June 30, Lianwen News reported that solarisBank, a German fintech company and crypto-friendly bank, completed a $67.5 million Series C round of financing, with a post-investment valuation of $360 million. The round was led by blockchain venture capital fund HV Holtzbrinck Ventures, with other new investors including Vulcan Capital, Samsung Catalyst Fund and Storm Ventures.
solarisBank currently has no direct consumer products, and mainly provides API services for financial companies, including encryption startups Bison and Bitwala, trading application Trade Republic and other companies.
3. The blockchain data index project The Graph completed a $5 million token sale, with participation from Coinbase and Framework
On June 30th, Lianwen News, the blockchain data index project The Graph obtained US$5 million in financing through the sale of token SAFT, which was used to launch the decentralized network. Investors include Framework, ParaFi Capital, Coinbase Ventures and Digital Currency Group et al.
The Graph, an indexing protocol for organizing and accessing data in blockchains and storage networks, will launch later this year. Additionally, the protocol allows developers to build decentralized applications on Ethereum and IPFS using GraphQL APIs.
4. Banxa, a digital banking infrastructure provider, completed a $2 million pre-IPO round of financing
On July 1, according to Lianwen News, digital banking infrastructure provider Banxa announced the completion of a US$2 million pre-IPO round of financing, which was led by OK Group and listed on the Australian Stock Exchange (ASX). Company Thorney Investment Group Australia participated in the round.
5. Cryptocurrency institutional wallet developer Curv completes US$23 million in Series A financing, with Coinbase, DCG and others participating
On July 1, according to Lianwen News, Curv, a cryptocurrency institution-level wallet developer, announced the completion of a US$23 million Series A financing, which was participated by CommerzVentures, Coinbase Ventures, Digital Currency Group, Team8 and Digital Garage Lab.
Curv simultaneously provides the protection, instant liquidity, and total control that all institutions need to thrive in the digital asset economy. Curv drives traditional institutional and crypto-native demand for digital assets through its multi-party computation (MPC) security technology.
6. Paradigm, an institutional trading communication platform, has received strategic investment from Dragonfly and a number of exchanges, and will expand the Asian market and launch new products
On July 2, according to Lianwen News, Paradigm, an institutional-level trading and communication platform for cryptocurrencies, announced the completion of a round of strategic financing. Investors include Dragonfly Capital, Digital Currency Group, Ouke Group Investment Department, Bybit Fintech, Alameda Research, New York Digital Investment Group (NYDIG), CoinShares, and Yleana Venture Partners.
Paradigm said that prior to announcing the funding round, the platform's derivatives trading volume had topped $1.5 billion. Paradigm stated that the purpose of this round of financing is to add support for more exchanges and assets, add a suite of automated transaction execution tools, and expand the Asian market.
7. AVA Labs received strategic investment from IOSG Ventures, and IOSG will serve as the exclusive strategic cooperation consultant for Ava Labs in China
On July 3, according to Lianwen News, the blockchain investment institution IOSG Ventures announced that it has completed its investment in the decentralized service platform Avalanche. And AVA Labs has reached a strategic cooperation agreement with IOSG Ventures on the future development of the Chinese market. In the future, IOSG Ventures will serve as the exclusive strategic cooperation consultant of AVA Labs in China.
AVA Labs was co-founded by Cornell University professor Emin Gün Sirer, co-founder of IC3, computer scholar Kevin Sekniqi, and Ted Yin, first author of the Facebook Libra protocol HotStuff consensus. The AVA blockchain platform developed by AVA Labs is a digital payment and computing platform based on the revolutionary consensus algorithm - Avalanche (avalanche protocol).
8. Bittrex founder invests in cryptocurrency rebate platform StormX and joins its board of directors
On July 3, Cointelegraph reported that cryptocurrency exchange Bittrex founder and CEO Bill Shihara will join the board of directors of Seattle-based cryptocurrency rebate project StormX.
StormX's StormShop service, which provides customers with shopping rebates in the form of cryptocurrencies, said more than 200,000 users have signed up since March this year.
9. Collins Capital announced to lead the investment in the A-round financing of tens of millions of US dollars in the ASIC chip design company Xchuangyou
On July 5th, Lianwen News, Collin Capital announced that it will lead the investment of tens of millions of dollars and assist in the completion of Shenzhen-based ASIC chip design company Chuangyou. Collin Capital previously participated in the company's angel round investment. At the same time, the company said that the new generation of bitcoin mining chip has been successfully taped out.
According to the official website of Chuangyou, Chuangyou is committed to providing supercomputing chips, hardware and software products such as high-speed, low-power computing chips, high-power, high-density computing servers and large-scale parallel computing software.
Disclaimer: The Blockchain Institute is organized based on public information and does not represent the position of the Blockchain Institute (official account), nor does it constitute any investment opinion or suggestion.
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Disclaimer: The Blockchain Institute is organized based on public information and does not represent the position of the Blockchain Institute (official account), nor does it constitute any investment opinion or suggestion.
