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SEC-affected #altcoins soared, but $SOL didn't change anything.
Stakeholders in Solana remained upbeat despite the termination of network #protocols.
The SEC action had a significant impact on the #cryptocurrency market. However, new information indicates that during the past few days, these cryptocurrencies' condition has improved.
Stakeholders in Solana remained upbeat despite the termination of network #protocols.
The SEC action had a significant impact on the #cryptocurrency market. However, new information indicates that during the past few days, these cryptocurrencies' condition has improved.
1. #Ethereum's DeFi ecosystem operates like interconnected blocks, and recent events like the Curve-Vyper exploit have raised concerns about the impact of token prices on protocol functionality.
2. Myles O'Neil, an associate at Reverie, questions the health of #protocols. where token prices influence functionality. He compares Curve's reliance on its CRV token to Robinhood's dependence on its shares, suggesting that such interdependence might not be healthy.
3. O'Neil highlights #Uniswap as an example of a successful protocol that doesn't rely on #tokens for its functionality. He and podcast host Mike Ippolito discuss the role of tokens in incentivizing protocols and the tension between token-based incentives and protocol success in the #crypto space.
$ETH $UNI
2. Myles O'Neil, an associate at Reverie, questions the health of #protocols. where token prices influence functionality. He compares Curve's reliance on its CRV token to Robinhood's dependence on its shares, suggesting that such interdependence might not be healthy.
3. O'Neil highlights #Uniswap as an example of a successful protocol that doesn't rely on #tokens for its functionality. He and podcast host Mike Ippolito discuss the role of tokens in incentivizing protocols and the tension between token-based incentives and protocol success in the #crypto space.
$ETH $UNI
1. **PeckShield's Alerting Concerns:** Cybersecurity firm #PeckShield has voiced apprehensions that notifying users about detected #hacker attacks might inadvertently attract attention to hackers and reveal vulnerabilities in affected #protocols. This could potentially lead to controversies.
2. **Community Vote for #Alert Strategy:** In response, PeckShield initiated a #community vote to gather advice on the best approach for issuing alerts when hacker attacks are identified. The voting options were 'Mark affected protocols +tx,' 'Alert TG seal 911 bot,' 'Publicize hacker +tx,' and 'Only Xeet anonymous hacker.'
3. **Voting Outcome:** The community vote concluded with 66.8% of users favoring the option 'Mark affected protocols +tx.' Meanwhile, 18.4% chose 'Alert TG seal 911 bot,' 9.9% opted for 'Publicize hacker +tx,' and 4.9% preferred 'Only Xeet anonymous hacker.' The outcome underscores the community's preference for a transparent approach to alerting users about hacker attacks.
$BTC $ETH $BNB
2. **Community Vote for #Alert Strategy:** In response, PeckShield initiated a #community vote to gather advice on the best approach for issuing alerts when hacker attacks are identified. The voting options were 'Mark affected protocols +tx,' 'Alert TG seal 911 bot,' 'Publicize hacker +tx,' and 'Only Xeet anonymous hacker.'
3. **Voting Outcome:** The community vote concluded with 66.8% of users favoring the option 'Mark affected protocols +tx.' Meanwhile, 18.4% chose 'Alert TG seal 911 bot,' 9.9% opted for 'Publicize hacker +tx,' and 4.9% preferred 'Only Xeet anonymous hacker.' The outcome underscores the community's preference for a transparent approach to alerting users about hacker attacks.
$BTC $ETH $BNB