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This week, the market is dominated by small fluctuations after the falls; BTC's market share this week hit a new high since April 21...

Luke is the Head of Product at Cobo Argus and a DeFi enthusiast. From the perspective of miners participating in DeFi mining, this article discusses how to reasonably use Cobo Argus to deal with the Curve crisis. The DeFi world has been in crisis for the past two days due to the latest attack on Curve. Since the attack on July 30, the price of CRV plummeted from 0.74 USDT to below 0.5 USDT. It rebounded slightly today and is currently stable above 0.6 USDT. Although it has been found that the attack was caused by a bug in the old version of the Ethereum programming language Vyper, the crisis facing Curve has not been eliminated. Since the founder of Curve will hold a large amount of CRV for mortgage loans on the chain, once the price falls further...

Author: Axia8 Ventures Source: medium Compilation: Jinse Finance, Shan Ouba On June 21, 2023, MakerDAO purchased another 700 million U.S. dollars in national debt, and its current holdings of U.S. national debt have exceeded 1.2 billion U.S. dollars. For a long time, the market capitalization of RWA was very small. Until October 2022, MakerDAO purchased US$500 million in treasury bonds, which officially opened the prelude to the rapid growth of the RWA market. At present, among MakerDAO's assets, RWA has surpassed stablecoins to become the largest asset category, with a scale of 1.929 billion, accounting for 41.2%. RWA can not only accelerate the growth of TVL, but also increase MakerDAO’s protocol revenue. The latest data shows that RWA contributed more than 52% of MakerDAO's revenue. At the same time, another Defi giant C...

Solv Protocol: Exploring the Staking Abstraction Layer and Liquidity Mechanism in the BTCFi Ecosystem Solv Protocol was established in 2020 with the aim of lowering the barriers to creating and using on-chain financial tools, bringing diverse asset classes and yield opportunities to the crypto space. The project focuses on minting and trading NFTs related to financial ownership certificates. With the continuous development of the BTCFi sector in 2024, Solv Protocol has shifted its focus to BTCFi, creating the all-chain yield Bitcoin asset SolvBTC, providing new opportunities for Bitcoin holders while establishing an efficient BTCFi ecosystem. Recently, Solv

The Rise of Bitcoin in the DeFi Space: An Analysis of the BTCFi Ecosystem Status Bitcoin is playing an increasingly important role in the DeFi space, evolving from its initial peer-to-peer transfer to now challenging Ethereum's dominance. By analyzing on-chain data, we can see that the combination of BTCFi( Bitcoin and DeFi) is not only a technical innovation but may also redefine the entire DeFi landscape. The Rise of BTCFi When Satoshi Nakamoto launched Bitcoin in 2008, the initial design was intended as a peer-to-peer electronic cash system. Although this was revolutionary in the field of crypto assets, it has limitations in supporting complex Decentralized Finance applications. The original design of Bitcoin and its limitations Core Design Elements and Limitations of Bitcoin: 1. UTXO model: lacks flexibility to support complex smart contracts 2. Limited scripting language: executable