Here's a quick summary of the updates that happened over the past week on #Ethereum.

#CryptoNews #Cryptocurrency #Blockchain
1A/ #Metamask is collecting users’ IP & #Ethereum wallet address.

@ConsenSys, the developer of @MetaMask, announced its private policy update which includes changes to data collection related to user identification.
1B/ When using Infura as the default RPC provider in @MetaMask, #Infura will collect your IP address & #Ethereum wallet address for transactions.
1C/ On 25th Nov, @ConsenSys published a statement clarifying that MetaMask does not collect users’ IP addresses but instead routes information to facilitate the processing of transaction run by an RPC provider.
2/ @AcrossProtocol raises 10M at $200M valuation.

Lead investors include @hack_vc, @placeholdervc, & @blockchaincap.

Across is a cross-chain bridge allowing users to send assets from L2 to L1 using UMA’s Optimistic Oracle & tested smart contracts.
3/ @numbersprotocol was exploited for $1.4M.

The attack occurred on a wallet that granted unlimited permissions to @MultichainOrg.

Users who approved #WETH #PERI #OMT #WBNB #MATIC #AVAX on #Multichain bridging Router should remove all of their approvals.
4/ Recent events reveal misalignment in the @AaveAave community regarding risk.

The #Aave community proposed parameter changes on Aave V2 #ETH. The ARC proposal suggests temporarily freezing select assets to derisk Aave V2 & promote later migration to V3.
governance.aave.com/t/arc-risk-par…

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More from @WinterSoldierxz

Nov 29
1/ @fraxfinance’s staked $ETH performance has been nothing short of spectacular in the past 30 days.

~500% TVL growth. 9.3% APR (vs 3% on @LidoFinance). All this during one of the worst months in crypto history.

Here’s how they did it.

#FraxFinance #LiquidStaking #Ethereum
2/ @fraxfinance launched its $ETH liquid staking protocol in Oct 2022.

To understand the basics of its mechanism, check out my tweet below ⬇️
3/ In the liquid staking landscape, two token models are predominantly adopted.

- Single token design with either a rebase model to represent value accrual or value appreciation

- Dual token mechanism separating the ether-pegged derivative asset & the interest-bearing token Image
Read 24 tweets
Nov 22
1/ The world's largest crypto lender is collapsing.

Genesis, under DCG, is ironically the latest victim of the FTX contagion after publishing Alameda Research's balance sheet via Coindesk (DCG's subsidiary).

The contagion has come full circle. Here's what you need to know ⬇️
2/ The parent company of @Grayscale & @GenesisTrading, @DCGco, is having liquidity issues & seeking a $1B emergency loan.

Before we dive into the details & ramifications, we must understand who’s involved & what their roles are.
3/ Three parties plagued by the contagion concern this time:

@DCGco
@GenesisTrading
@Grayscale
Read 20 tweets
Nov 21
Another week, another ecosystem update

This week - #Cosmos, #Avalanche, #BSC & #Polygon

#Blockchain #Crypto #Cryptocurrency
1/ @cosmos presented an updated roadmap for their #ATOM 2.0 proposal & was rejected by 37.4% NoWithVeto votes.

A thread by @TheDeFinvestor on what’s next following this major event in @cosmos history.
2/ @dualityxyz debuts #Duality, a #DEX optimized for capital efficiency & composability on @cosmos.

Duality's novel product design & incentives system allow LPs & protocols to have control over liquidity parameters & distribution.

Mainnet launch in Q1 2023
Read 7 tweets
Nov 19
@zksync ecosystem weekly recap

Let’s dive into all things zkSync 🧵

#zkSync #layer2 #Ethereum #DeFi #Crypto #Blockchain #Web3
1/ @zksync raised 200M in Series C, co-led by @blockchaincap & @dragonfly_xyz with the participation of @lightspeedvp, @variantfund & @a16z.

Funds will be used to fund third-party projects, develop education centre & expand the team.
2/ Winning projects of #ETH Lisbon #hackathon were announced, one of which was a web wallet compatible with zkSync.

Expect new decentralized wallet with user-friendly UI/UX to be launched.
Read 5 tweets
Nov 18
Latest news in the #StarkNet ecosystem

Here’s what you need to know🧵

#Crypto #Blockchain #Web3 #NFTCommunity
1/ #StarkNet token $STRK has been deployed on @ethereum.

Beware of scams - the tokens are not yet available for sale.

Check out the @DuneAnalytics dashboard by @SixdegreeLab 🔽
2/ @Starknet_id, the all-in-one naming service on #StarkNet, debuts "Stark Club", an association for .stark domain holders.

Early #StarkNet projects are working on their subdomain clubs to reward #OGs & early participants.
Read 6 tweets
Nov 18
1/ Want top-tier insight minus the top-tier effort?

These analytics tools will tell you about #cryptos in macro perspective, DeFi protocols & asset management🧵

#Web3 #DeFi #Blockchain #Crypto Image
1/ @nansen_ai

As the leading #blockchain analytics platform, Nansen enriches on-chain data with wallet labels.

Key tools include portfolio tracking, smart money dashboard, institutional money transfer, smart alerts & more in the field of blockchains, DeFi, #stablecoins & #NFTs.
Check out the thread by @blocksaurus1152 to learn about the features of Nansen.
Read 11 tweets

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