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Cointime June 22th News Express

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  • Infiltrating Cosmos

    In crypto, your private keys might be safe, but what about the hands that built your digital vault? Welcome to the Cosmos Hub, where alleged North Korean agents didn't need to hack the system - they may have helped build it.
  • Cross border payments: Citi spotlights DLT. FSB reports on G20 progress

    During the past week Citi and the Financial Stability Board (FSB) have published separate reports on cross border payments. Both papers explore G20 targets for improving cross border payments. Unfortunately, 2024 speed figures were worse than 2023 for wholesale, retail and remittance payments, largely reflecting more accurate data. Citi’s report highlights that fintechs expect to gain 10% in market share from banks in the next two to five years. Its survey shows that DLT is one tool to address the pain points, but more in the medium term.
  • Chainlink Expands to Bitcoin as Botanix Labs Joins Chainlink Scale and Is Integrating CCIP

    Chainlink CCIP will be integrated into the Spiderchain as its canonical cross-chain infrastructure.
  • JUP breaks through $1

    Golden Finance reported that according to market data, JUP has broken through $1 and is currently trading at $1.01, with a 24-hour increase of 3.06%. The market is volatile, so please be prepared for risk control.
  • Shenyu: The widespread existence of blind signature issues provides hackers with opportunities to take advantage of, and the problem must be solved

    Bitfish (@bitfish1) posted on X platform, stating that when there are security risks on the front end, hardware wallets should ensure asset security as the last line of defense. However, at present, blind signature issues are prevalent, which provides hackers with opportunities. This problem must be solved.
  • On-Device Proofs Solve DePIN Verification Challenges

    Zero-knowledge proofs generated on DePIN devices are the best way to provide robust verification for service, performance, and location data while maintaining decentralization and privacy, argue NovaNet cofounders Wyatt Benno and Houman Shadab.
  • Cointime July 20th News Express

    1. BlackRock IBIT saw a total net inflow of $705 million this week
  • Sun Yuchen's two addresses received a total of 19,566 ETHFI 15 minutes ago

    According to ai_9684xtpa monitoring, 15 minutes ago, Sun Yuchen's two addresses received a total of 19,566 ETHFI (Season 2 airdrop), worth $47,000. Previously on June 17th, Sun deposited 3.45 million ETHFI airdrop tokens, worth $12.25 million, into the exchange after unlocking them linearly for three months. Currently, these two addresses are still staking 63,889 ETH, worth $223 million, in ether.fi.
  • Cointime July 14th News Express

    1. Biden-related Meme Coin BODEN has dropped 6.5% in the past 24 hours
  • Sun Yuchen's Ethereum holdings are about to exceed 700,000

    As of December 26, 2023, Sun Yuchen's associated addresses have bought approximately 421,800 ETH (equivalent to $1.267 billion) through 5 different addresses in this bull market, with an average price of about $3,006.In addition to his previous holdings, Sun Yuchen's total ETH holdings through multiple addresses have reached 698,700 (equivalent to $2.215 billion). Most of them (646,900) are deposited in major staking/re-staking platforms to earn income.These 646,900 ETH earned through staking/re-staking platforms could earn interest income as high as $180,000 (56.7 ETH) per day, even calculated at the current ETH PoS staking rate of 3.2% annualized.