The Illuminati Weekend Reads📚
Another Weekend Indoors? Let’s Fill Our Bookworms Desires.
Russian DeFi
March 04, 2023
The Illuminati Weekend Reads📚
Another Weekend Indoors? Let’s Fill Our Bookworms Desires.
Key takeaways🍿:
Cross-chain transactions are supported through crypto bridges. 🌉
Global financial powers have a large influence on the global economy.🌏
BUSD minting has permanently ceased from Gauntlet Network.🚫
READS 📖:
Cross-chain transactions across blockchains are supported through crypto bridges. Below is a thorough explanation of how to utilize @Stargate, $RELAY,$SYN, etc. ⛓
ALPHA 🧠
The major global financial powers, the US, EU, China, and Japan account for a large percentage of the global economy and enact monetary policy that determines how loose or tight financial conditions are global. 🏦
ALPHA 🧠
Minting new BUSD permanently ceased from February 21, 2023. Gauntlet Network's advice to lending protocols with BUSD markets is to freeze them soon, increasing reserve factors to nearly 100%, reducing collateral factors to zero, and giving users time to adjust their BUSD use before further reductions. 🚫
ALPHA 🧠
This report aims to bring attention to the value & risks of available liquidity data, which is a scarce resource that requires more proactive management. 🎰
ALPHA 🧠
Chorus One has released a prototype for Solana-MEV. This series explores MEV within the Solana and Cosmos ecosystems.☀️
ALPHA 🧠
This Week's Onchain Newsletter highlights the competition in the NFT market, with new marketplace Blur taking market share from leader OpenSea.🌊
ALPHA 🧠
Solidity is substantially quicker to write than Vyper & Huff. The current landscape from DefiLlama shows that Solidity smart contracts secure 87% of TVL, while Vyper smart contracts secure 8%. 🦙
ALPHA 🧠
@6thManVentures is cautiously optimistic about its early insights and looks forward to gaining feedback from the token design community and continuing to expand the model's capabilities.6️⃣
ALPHA 🧠
Binance hopes that SEC would not bring an enforcement action based on the BUSD issue because it would harm the growth and innovation of the U.S. financial technology sector.👨⚖️
ALPHA 🧠
CZ is keen to make it happen. Binance Smart Chain BSC has become the most active blockchain among smart contract platforms with 3-4M daily transactions, 260M unique addresses, and daily verified contracts.🤝
ALPHA 🧠
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