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CryptoCurrencies and their lifespan.
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tldr; Munchables, an NFT game on the Ethereum layer-2 blockchain Blast, was exploited for $62 million. The exploit was announced on March 26, with the team tracking the exploiter's movements. Blockchain analyst ZachXBT identified the wallet of the attacker, which had a balance of $62.45 million in Ether. The exploit involved the attacker assigning themselves a deposited balance of 1,000,000 Ether due to a contract upgrade manipulation. The game involves staking Blast ETH and USDB to farm points and unlock perks. There are calls for Blast to intervene by rolling back the chain to before the exploit. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Introducing: USDB USD BLACKROCK :D
>Using USDB vs SD would eliminate the air gap, correct? Right. >How big of a deal is it to not air gap? It seems like CC is very secure even without the air gap. Still secure, it's the model that many other hardware wallets use. It's also very, very easy to transfer files with an SD card to maintain the air gap though.
Using USDB vs SD would eliminate the air gap, correct? How big of a deal is it to not air gap? It seems like CC is very secure even without the air gap.
USDB market cap is down to a 2 year low now.
I issue 1 USDB for every $1 burned.
Next we're going to hear that the proper binance one is USDB
No one will ever attempt keeping all his earnings in BTC, it's never a good idea, although the future is bright, but diversification is necessary, only 20% of my worth are on BTC, 30% on Alts like EVMOS, TAKE, & GMX, 30% on real estate, and 10% on stable coins should in case of emergency, and I'm staking the stable (USDB) on Takepile for a whopping 30% APY.
I basically don't need CBDC, all I need rn is USDB to increase my yield earnings on Takepile perpdex where I'm getting over 30% APR
Yeah. There’s a Take staking system and also one for DAI and new vault for USDB which allows users to Deposit stablecoin for an equivalent PiltToken that can be staked to earn Yield reward.
Why couldn't they call it USDB? Is it deliberately supposed to sound naughty?
USDB on the fantom network. Works in coordination with FHM (fantohm) similar to ust/luna. Currently paying out 32.5% APR if you stake on USDBALANCE. I also hold FHM.
I just put my spare cash into FHM (fantohm) stake it and watch the autocompounding. Get the best of both worlds. Staking helps you hold, and you can skim off some of the rewards from time to time. Price has been stable lately as I think it has hit the floor. Excellent early entry opportunity with their new stable coin USDB that has similarities to the LUNA/UST relationship, but pays out 30%+ APR. Awesome team.
I converted everything into USDB earlier this morning. Once everything clears I'll start a new portfolio with less alts. Learned my lesson.
I know exactly what they are doing - allocating 1 USD "token" for every 1 USD/USDC/USDB/... deposited and swapping USD and stablecoins amongst each other externally when need arises (ex. more USDC is withdrawn than deposited) or is beneficial for the exchange (I assume). That's all.
Usdt is backed by USDC which is backed by USDB which is backed by BUSD which is backed by SHIB.