Here are some of the major developments from the world of crypto over the past few days
Sturdy Finance, a decentralised finance (DeFi) system, lost about $800,000 due to a security flaw. The바카라 웹사이트hacker took use of a flaw to manipulate a flawed price oracle, which ultimately allowed them to syphon바카라 웹사이트money from the protocol. 바카라 웹사이트
The lending platform responded by pausing all markets and assuring its community that no additional바카라 웹사이트funds were at risk.
Blockchain security company PeckShield informed Sturdy Finance of a transaction that appeared to be바카라 웹사이트connected to price manipulation on June 12, 2023. A little over an hour later, the DeFi protocol reported바카라 웹사이트being aware of the vulnerability. In response, it halted all markets and assured customers that no바카라 웹사이트additional cash were in danger.
Polygon 2.0 Introduces Upgrades To Tap Into ‘Value Layer’ Of Internet
Polygon 2.0 will enable users to create, exchange and program value on the Internet, Polygon Labs has바카라 웹사이트said. 바카라 웹사이트
The “Value Layer” of the Internet is one of the updates Polygon Labs unveiled on June 12, 2023 under the바카라 웹사이트name “Polygon 2.0,” which the business claims will enable users to “create, exchange, and programme바카라 웹사이트value.”
“Polygon 2.0 is a set of upgrades that will radically reimagine almost every aspect of Polygon, from바카라 웹사이트protocol architecture to tokenomics to governance,” the company said in a post on Twitter.
Polygon further said this would be a roadmap outlining how Polygon will use ZK [zero-knowledge]바카라 웹사이트technology to become the Value Layer, providing limitless scalability and universal liquidity. 바카라 웹사이트
“ZK technology, a cryptographic method that enables one party, known as the prover, to prove the바카라 웹사이트validity of a statement to another party, known as the verifier, without disclosing any additional바카라 웹사이트information beyond the statement's validity, is the foundation of Polygon 2.0, which aims to be a network바카라 웹사이트of interconnected chains,” Polygon said.
Phemex To Provide A ‘Trade-To-Own’ Feature
As the Web 3.0 space continues to evolve, crypto exchanges are finding new ways to engage their users바카라 웹사이트in their mission to success.
One of the first exchanges to publish a self-proving proof-of-reserves (PoR) audit was Phemex, a platform바카라 웹사이트that calls itself “semi-centralised”. 바카라 웹사이트
It also received a PoR certification from CoinGecko and CoinMarketCap in late 2022. Additionally, Phemex바카라 웹사이트has updated its PoR data, thus enabling any user to confirm the security of their assets at any moment on바카라 웹사이트the exchange or provide evidence that the platform has sufficient assets to pay its liabilities.
Additionally, Phemex is employing its Web 3.0 environment to foster community building by establishing바카라 웹사이트a decentralised autonomous organisation (DAO), including stakeholders in determining the platform라이브 바카라바카라 웹사이트course, and encouraging its growth in order to keep users’ trust. This effectively means that users can바카라 웹사이트control a portion of the exchange and steer it using the Phemex DAO. The growth, operations, financial바카라 웹사이트management, and external collaborations of the platform are all subject to vote by Phemex DAO바카라 웹사이트members.