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NEAR: The wallet no longer allows users to create an account using email or SMS to restore an account



Time:8/5/2022 12:03:56 PM

[NEAR: Wallet no longer allows users to use email or SMS to create accounts to restore accounts] On August 5th, NEAR officially tweeted that in order to ensure the highest level of security, NEAR Wallet no longer allows users to use email or SMS Create account to recover account. Previously, in order to improve the usability of the NEAR wallet, NEAR sent user telemetry data to a third-party service, and users could use SMS recovery or email to restore account usage. And in June, a bug was reported in the NEAR Wallet, a potential vulnerability in the security of wallets restored using email or text messages when the data is transferred to a third-party service.

Other news:

NEAR has released the test network of the first phase of sharding, and the main network is expected to be released next month: According to news on August 17, the test network of NEAR’s first phase of sharding has been released on Github, and the main network is expected to be released next month. [2022/8/17 12:31:39]

Near announced the launch of the stablecoin USN v2.0, which will anchor stable assets 1:1 at this stage: On July 1st, Near announced the launch of the stablecoin USNv2.0. The redesigned USN stablecoin transitions to a flexible model that backs major stablecoins 1:1 with sustainable native yields from NEAR staking rewards, before reintroducing non-stablecoin assets as collateral in the future.

USN v2.0 is planned to be implemented in two phases. In the bear market phase, USN will be supported 1:1 with USDT. Users can only use USDT to mint and exchange USN. In the bull market phase, NEAR will be reintroduced to mint USN and then pledge .

It is understood that due to a series of events such as the recent de-anchoring of UST, the Near stablecoin design team Decentral Bank conducted a more complex and more active-ethexc simulation of USN. In view of the uncertainty of the bear market and the selling pressure caused by the tightening of macro conditions, v1. 0 may bring the risk of USD undercollateralization caused by the continuous fluctuation of USD NEAR price. So the team redesigned the USN to adapt to the harshest market conditions possible. [2022/7/1 1:44:22]

Jubi launched NEAR-F/USDT today, with a maximum increase of 105.2% at the opening: According to official news, Jubi has opened the USDT trading pair of NEAR one-year futures at 17:00 (UTC+8) on October 15, 2020 -F/USDT. The opening price was 0.34USDT, the highest price was 0.698USDT, and the highest opening price rose by 105.2%.

NEAR-F is NEAR one-year futures. NEAR is a decentralized application platform built on the NEAR protocol. It is a revolutionary POS public chain that uses sharding to scale, and an innovative account model that makes applications compatible with today's networks. Apps are similar. [2020/10/15]

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