Golden DeFi Daily | The total amount of DeFi lending platform loans exceeded 2 billion US dollars

1. The total market value of DeFi: 12.596 billion US dollars

The rise and fall of the top ten currencies by market capitalization, charted by Jinse Finance, data source CoinGecko

2. Trading volume on decentralized exchanges in the last 24 hours: $769 million

Golden Morning News | BTC fell below the $5,000 mark, and the total market value of the cryptocurrency market fell below $170 billion: 1. BTC fell below the $5,000 mark;

2. The total market capitalization of the cryptocurrency market fell below $170 billion;

3. Yin Yong, Deputy Mayor of Beijing: Financial legislation is more important than regulation;

4. The Deputy Attorney General of the U.S. Department of Justice called for international cooperation in the investigation of cryptocurrency crimes;

5. Singapore authorities promote a new regulatory framework for payment services involving cryptocurrency payment services;

6. Sony releases new games, and the market system will be based on blockchain technology;

7. Governor of the Central Bank of Thailand: The central bank will not issue a digital currency in the next 3 to 5 years;

8. IBM and Columbia launched two accelerator programs for blockchain companies;

9. Tencent Games and the blockchain e-sports entertainment platform launched a live channel. [2018/11/20]

Top 10 DEX by trading volume Source: Debank

Golden Finance Exclusive Analysis Bitcoin payment still needs to solve the stability problem: From now on, Bitflyer provides Bitcoin payment service for SBC medical group, which operates the "Shonan Beauty Clinic". 74 clinics in Japan can use bitcoin payment services. According to the exclusive analysis of Jinse Finance, the price of Bitcoin has also continued to soar in 2017. In real life, there are indeed more and more consumption places that have begun to accept Bitcoin or virtual currency payments. For example, since 2014, the software giant Microsoft, this The software giant began allowing users to add bitcoin funds to their Microsoft accounts and use it to pay for software. American electronics retailer Newegg has expanded its bitcoin-integrated payments to its Canadian platform, allowing millions of Canadian customers to pay for products with bitcoin. Pick n Pay, the second largest supermarket chain in South Africa, also announced the opening of virtual currency payments. However, due to the large price fluctuations and high transaction fees, Bitcoin payment was once troubled. For example, Microsoft once suspended Bitcoin payment due to the fluctuation of Bitcoin price. Bitcoin payment has always been advertised as zero-fee, fast, and reliable. However, in recent years, with the increase in the fiery transaction volume of cryptocurrencies, the handling fee has become more and more expensive, and the arrival rate is not very ideal. In addition, in 2017 At the end of the year, the price of Bitcoin rose rapidly and experienced a sharp drop in the first quarter of 2018. Therefore, how Bitcoin can become a popular payment method still needs to be solved. [2018/4/9]

3. The total amount of loans on DeFi lending platforms: 2.01 billion US dollars

Golden Finance News: The Ethereum network will undergo a planned hard fork, and the fork time will be at the height of the 4.37 million block (Beijing is approximately 20:00-21:00 on October 16, 2017). The Ropsten test network has undergone a hard fork test on September 19 (the 170,000th block height). [2017/10/13]

DeFi lending platform borrowing ratio, Jinse Finance Mapping, data source: Debank

4. Assets locked in DeFi: $9.41 billion

Top 10 DeFi Projects Locked Assets Ranking and Locked Volume, Data Source: Defi Pulse

1. Yam

Yam Proposes Guardians on Yam Deployer

Yam Finance stated via Twitter: A proposal has been submitted to the chain to deploy the guardian of the manager Alpha to the Yam deployer. This proposal was made because one of the founders of YAM saw a potential economic exploitation. Guardians can cancel proposals deemed malicious by the community.

2. Lien

Lien, the DeFi stablecoin protocol, will release the LienApp V2 version

The DeFi stablecoin protocol Lien released an analysis report on the LienApp vulnerability disclosed on September 16. Lien pointed out that on the 16th, white hat hackers and Lien auditors discovered a BondMaker smart contract vulnerability in LienApp. Afterwards, in cooperation with white hat hackers and Lien auditors, Lien recovered the user's funds from the BondMaker program and transferred them safely.

3. Uniswap

A group of anonymous Uniswap users jointly launched the community token UNII to support the development of Uniswap

On September 22, a group of anonymous Uniswap users (mainly UNI token holders) jointly launched the community token UNII to support the development of Uniswap. The plan promises to use UNII to drive the growth of the Uniswap market and regain the liquidity robbed by forked projects such as SushiSwap. It is unclear who initiated and backed the initiative, but the initiative website states that UNII is supported by UNII.finance.

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