Une première baleine du Bitcoin et de l’Ethereum se dit optimiste sur cet obscur Altcoin

Un investisseur de longue date en bitcoin et en ethereum partage sa stratégie pour trouver de nouveaux projets prometteurs tout en braquant les projecteurs sur un actif qui répond à ses normes rigoureuses.

Une petite partie de son portefeuille de crypto

Le pseudo-trader, connu dans le secteur sous le nom de Tetranode, affirme que le projet de petite capitalisation Olympus Finance (OHM) a coché toutes ses cases et a capturé une petite partie de son portefeuille de crypto.

Dans une interview avec UpOnly, la baleine de la crypto explique pourquoi il est si haussier sur la plateforme et ajoute qu’il conseille également l’équipe d’Olympus pour les aider à éviter les exploits et à améliorer leur tokenomics.

„Olympus Finance, c’est la nouvelle expérience dans les algo stablecoins 2.0, donc contrairement au protocole Fei (FEI), je ne crois pas qu’il va pour la collatéralisation partielle… Il va pour une réserve entièrement soutenue. Ainsi, chaque OHM est soutenu par au moins un Dai, il y a donc un plancher sur lequel vous pouvez compter.

Le jeton OHM est censé être une sorte de pièce flottante/quote unquote stable où vous pouvez compter sur une valeur relativement stable par rapport à ETH. J’ai donc un petit investissement là-dedans afin de donner au fondateur un certain nombre d’informations sur certaines choses comme leur tokenomics et certains exploits auxquels ils pourraient être vulnérables.“

Actuellement, OHM détient une capitalisation boursière d’environ 53 millions de dollars et s’échange à environ 668 dollars. Si le projet est couronné de succès, les détenteurs qui participent et fournissent des liquidités pour le jeton pourraient en récolter les fruits.

Le trader chevronné affirme que pour acquérir

Tetranode note que lorsqu’il évalue de nouveaux projets, il se tient à l’écart de ceux qui impliquent de grands capital-risqueurs et recherche les projets qui ont un solide réseau de supporters.

„Je dirais que la première chose [que je recherche dans un projet], c’est la participation de la base au départ. Il suffit d’entretenir des relations relativement bonnes avec la communauté et d’avoir la capacité d’écouter et d’évoluer. C’est difficile à quantifier, mais je le sais quand je le vois parce que j’ai une base solide sur le fonctionnement de l’ensemble du [processus], jusqu’aux hypothèses de consensus sur la blockchain. Il est donc très facile pour moi de passer outre le marketing et d’aller au cœur du sujet.“

Le trader chevronné affirme que pour acquérir une compréhension large et approfondie de chaque projet, il étudie son cas d’utilisation et, à partir de là, décompose le fonctionnement de la technologie au niveau moléculaire. Tetranode utilise ce processus minutieux afin de déterminer comment il participera à divers projets, du bitcoin à des projets plus novateurs comme Olympus.

„Il faut toujours aborder les choses à partir du principe. Toujours l’aborder à partir du niveau atomique, le comprendre à partir des bases. Donc vous y allez et vous demandez : “ Qu’est-ce que le bitcoin ? „. Le bitcoin est une monnaie internet qui ne peut pas être changée et ne peut pas être inversée. Vous devez donc vous demander : „Comment ne peut-il pas être inversé ? Il ne peut pas être inversé parce qu’il y a un système de consensus qui fonctionne. Comment est-il irréversible… et donc vous continuez à plonger jusqu’à ce que vous saisissiez comme le premier principe et alors vous pouvez tout voir avec un œil très clair et c’est ainsi que vous prenez des décisions solides comme le roc sans aucun doute dans votre esprit.“

Un criptoinfluenciador advierte que las tarifas

Un criptoinfluenciador advierte que las tarifas de Ethereum alejarán a los usuarios

El cripto YouTuber Lark Davis está instando a Ethereum a lanzar ETH 2.0 rápidamente, advirtiendo que sus desarrolladores deben actuar pronto para evitar que las redes rivales se hagan cargo en medio de las altas tarifas de gas.

La prominente criptoinfluenciadora Lark Davis, o „The Crypto Lark“, ha advertido que los competidores de Ethereum continuarán sifoneando a los usuarios en caso de que Eth2 no se lance pronto en medio de las crecientes tarifas de gas.

A pesar de predecir precios de Ether de cinco cifras en 2021, el vídeo de Davis del 19 de febrero, Davis afirma que el aumento vertiginoso de las tarifas de Ethereum ha Bitcoin Trader hecho que sólo los „inversores ricos“ puedan permitirse la red, lo que ha provocado que los usuarios más pequeños se pasen a competidores como Binance Smart Chain (BSC).

Davis señaló que BSC está disfrutando actualmente de un aumento de la popularidad, con volúmenes para DApps basados en BSC alcanzando a sus rivales basados en Ethereum.

Describiendo los actuales precios de las tasas de gas como „totalmente locos“, Davis instó a los desarrolladores de Ethereum a acelerar el lanzamiento de Eth2 en respuesta a la subida vertiginosa para evitar un mayor éxodo de usuarios a alternativas más baratas:

„Pero ahora estamos en un punto en el que ETH 1.0 – oh, necesitamos ETH 2.0 tan pronto, vamos Vitalik, ponlo en marcha, hombre – ETH 1.0, la mayoría de los usuarios regulares tienen un precio que les impide utilizar la mayoría de las aplicaciones en Ethereum. […] Una transacción en Uniswap cuesta 50 dólares de media estos días y eso es una locura“.

Las capacidades de escalamiento robustas están programadas

La fase 0 de Eth2 se lanzó en diciembre de 2020, permitiendo a los usuarios de Ethereum bloquear su Ether para apostar. Las capacidades de escalamiento robustas están programadas para activarse con el lanzamiento de la Fase 1 de Eth2, que se espera que introduzca la fragmentación hacia finales de 2021 como muy pronto.

Los precios medios de las transacciones de Ethereum se han disparado hasta alcanzar los niveles más altos de la historia, en torno a los 30 dólares, según Bitinfocharts.com. En el momento de la caída repentina del mercado de criptomonedas en las últimas operaciones del lunes 22 de febrero, la tarifa media de gas llegó a ser de 50 dólares.

BerChain wants to establish Berlin as the crypto capital

New technological developments have a habit of choosing a specific location in which to set up their headquarters. The choice mostly falls on areas that offer particularly favorable (tax) conditions and a good infrastructure. Other factors such as a high standard of living and a socially compatible environment for employees in the respective industry should also not be underestimated. The Bay Area around the Californian coastal city of San Francisco has met all of these factors for Google, Facebook, Apple and Co., and has offered the global tech industry a haven with Silicon Valley for decades.

Not all tech giants are based there – Microsoft, for example, is based around 1

Something similar happened in Switzerland, not just a few years ago with the internationally important banks and credit institutions, but a few years ago with the blockchain scene. It has chosen the Central European nation as its headquarters and has produced crypto currencies such as Ethereum, Polkadot, Tezos and Cardano. This is one of the reasons why Zurich is sometimes referred to as the “crypto city” and the canton of Zug is known as the “ crypto valley ”. But in a comparatively young industry, these location questions are anything but fixed. And when it comes to decentralized currencies, other regions of the world can also register their claims as crypto headquarters.

Berlin would also like to be at the forefront, offering the crypto scene a home. And even gets support from the Senate for this. Because the BerChain association would like to name Berlin the crypto capital.

BerChain: “Place to Be” for blockchain start-ups

The aim of the data-driven undertaking is to bring the Berlin crypto space together in a clear manner in order to give interested parties a better overview of the situation of blockchain start-ups in Berlin. These interested parties can be investors or employees looking for a new job, or founders who are looking for a suitable location for their start-up. The registered association was founded almost exactly two years ago. Under the motto:

We are taking the Berlin blockchain ecosystem to the next level and ensuring that Berlin is and will remain the ‚place to be‘ for the blockchain.

BerChain Homepage

BerChain eV also wants to use the regional advantages of Berlin to advance blockchain technology – “especially its democratic potential”. With this in mind, the non-profit association organizes events around the topic of blockchain, which are currently taking place virtually, otherwise physically. Workshops, training courses, publications and public discussions are also on the BerChain agenda. In order to pursue the ambitious goals, support has been secured from the official side – in the form of the Berlin Senate. Norbert Herrmann from the Senate Department for Economics, Energy and Public Enterprises is committed to Berlin as a crypto location. Why is Berlin such a nutritious ground for (blockchain) start-ups?

There are many reasons for this, says Herrmann. Of great importance are the already established alumni of the “first wave” of start-ups that became successful in Berlin and then stayed in the federal capital. Today they would serve as “mentors, teachers, multipliers and investors”, Herrmann told BerChain. In addition to comparatively cheap apartments and offices, the availability of talent, technology and Berlin’s tolerance are also important. Berlin has been “attractive to a very heterogeneous group of innovative people” for some time, he says.

Bringing this group of people together in the crypto space is the self-imposed task of the BerChain association.

Harvard, Yale, Brown Endowments kupują Bitcoin przez co najmniej rok: źródła

Fundusze uniwersyteckie, które wspierały wirtualne waluty w technologii blockchain w 2018 roku, zaczęły kupować kryptowaluty bezpośrednio od Coinbase.

CoinDesk dowiedział się, że niektóre z największych funduszy uniwersyteckich w USA po cichu kupowały kryptowaluty przez ostatni rok za pośrednictwem kont prowadzonych w Coinbase i innych giełdach

Według dwóch źródeł znających sytuację, Harvard, Yale, Brown i University of Michigan, a także kilka innych uczelni, kupują kryptowaluty bezpośrednio na giełdach. (Kilka funduszy Ivy League zainteresowało się technologią blockchain za pośrednictwem skoncentrowanych na kryptowalutach funduszy venture capital w 2018 r.)

„Jest ich całkiem sporo” – powiedziało źródło, które poprosiło o zachowanie anonimowości. „W tej chwili wiele darowizn przeznacza trochę na kryptowaluty”.

Yale i Brown nie odpowiedzieli na prośby o komentarz do czasu prasy. Kiedy dotarło do CoinDesk, fundusze Harvard i University of Michigan odmówiły komentarza. Bitcoin Up również odmówił komentarza. Dotacje uniwersyteckie otrzymały jedną wzmiankę w rocznym raporcie Coinbase za rok 2020, ale bez podawania nazwisk.

Według jednego źródła, niektóre z funduszy uniwersyteckich, o których mowa, mogły mieć rachunki w Coinbase nawet przez 18 miesięcy.

„To może być od połowy 2019 r.” – podało źródło. „Większość była już od co najmniej roku. Myślę, że w którymś momencie tego roku prawdopodobnie omówią to publicznie. Podejrzewam, że siedzieliby na całkiem niezłych kawałkach w zamian ”.

Dotacje uniwersyteckie to zasoby kapitału zgromadzonego przez instytucje akademickie, często w formie darowizn na cele charytatywne. Fundusze te, które wspierają nauczanie i badania, można przeznaczyć na różne aktywa na cele inwestycyjne.

Harvard jest największym funduszem uniwersyteckim z aktywami o wartości ponad 40 miliardów dolarów. Yale ma ponad 30 miliardów dolarów, Michigan około 12,5 miliarda, a Brown 4,7 miliarda dolarów. Nie wiadomo, ile każdy fundusz przeznaczył na kryptowaluty, ale prawdopodobnie jest to ułamek procentu ich całkowitych aktywów.

Długa droga

W 2018 roku dyrektor ds.inwestycji Uniwersytetu Yale, David Swensen, trafił na pierwsze strony gazet , wspierając dwa fundusze venture skoncentrowane na kryptowalutach, jeden prowadzony przez Andreessena Horowitza, a drugi przez współzałożyciela Coinbase Freda Ehrsama i byłego partnera Sequoia Capital, Matta Huanga.

Kilka innych uniwersytetów podążyło za Yale, wspierając kryptowaluty VC, w tym Harvard, Stanford, Dartmouth College, MIT, University of North Carolina i Michigan . Oczywiście wydaje się, że niektóre z tych szkół robią kolejny krok, inwestując bezpośrednio w aktywa kryptograficzne.

Drugie źródło, które jest zaangażowane w świat kryptowalut, zwróciło uwagę na „dużą zmianę” w ciągu ostatnich kilku miesięcy. „Widzimy, że programy emerytalne ze zdefiniowanymi świadczeniami są bliskie dokonania alokacji. Widzimy, jak publiczne plany emerytalne są bliskie dokonania przydziałów ”- powiedziała osoba.

„Gdybym słyszał to trzy lata temu, powiedziałbym, że to źle” – powiedział Ari Paul, współzałożyciel BlockTower Capital, a wcześniej kierownik ds. Inwestycji na University of Chicago. „Jednak wiele instytucji czuje się teraz dobrze z bitcoinem . Rozumieją to i mogą po prostu kupić go bezpośrednio, o ile pochodzi od podmiotu regulowanego, takiego jak Coinbase, Fidelity lub Anchorage ”.

Bitcoin bryder ind i Top 10 største aktiver, overgår Facebook og Alibaba – Er Tesla næste?

Bitcoin har nu tilsluttet sig de største største aktiver i verden, efter at den oplevede en pludselig prisstigning og satte sin pris over $ 40.000. På tidspunktet for denne skrivning handler BTC på omkring $ 40.466, kun et par hundrede dollars væk fra $ 41k.

Bitcoins pris, der når $ 40.000, er stor nyhed for sine fans og hardlinere, der altid har fortalt for HODLing. Faktisk har enhver, der har haft et stash af BTC, høstet store fordele fra den nuværende kryptotyr, der ledes af Bitcoin.

Bitcoin Beats 3 Tech Giants

Utvivlsomt sætter den nuværende pris Bitcoins samlede markedsværdi over $ 750 mia., Et tal, der overgår hver af de tre teknologiske giganter, nemlig Tencent, Alibaba og Facebook. Med det er Bitcoin nu blandt de top 10 største aktiver efter markedsværdi.

Det er bemærkelsesværdigt, at Bitcoins markedsværdi tegner sig for en enorm del af hele kryptomarkedet, og det fortæller meget om dets styrke. Efter Bitcoin på hitlisterne er Ethereum (med ca. 140 mia. $) Og Tether (med 23,4 mia. $).

Næste op: BTC mod Tesla

Bitcoins nuværende markedshype sætter det i rampelyset og gør det modent til sammenligning med nogle af de andre store parykker på markedet som Tesla. Faktisk svarede Bitcoins markedsværdi den 7. januar kortvarigt Teslas, hvilket skabte indtryk af, at den øverste kryptomønt snart kunne udgøre Tesla for at få en højere placering i hitlisterne.

Også det faktum, at Bitcoin konkurrerer med nogle af de mest modstandsdygtige enheder, der har truet Covid-19-stormen, giver mere troværdighed til sin voksende popularitet som det ultimative go-to-aktiv som et sikkert tilflugtssted og værdibud.

Var forudsigelserne rigtige?

I løbet af de sidste par år har mange kryptoanalytikere, handlende og investorer danset til melodien af ​​en forestående crypto mega bull run, især efter Bitcoin-netværkshalveringen i maj 2020.

Nogle forudsagde, at Bitcoin ville nå højdepunkterne på over $ 200.000 inden udgangen af ​​2022. Andre forudsagde, at den øverste mønt ville nå $ 50.000 inden for et år efter halveringsbegivenheden. Kryptoen er nu i $ 40k-serien, og det ser ikke ud til at løbe tør for damp. Hvorvidt det vil bekræfte alle forudsigelser, er endnu ikke bekræftet. Men ifølge de nuværende indikationer er det bare et spørgsmål om tid, før tendensen bemærkes.

Criminals rob Bitcoin ATM at gas station

The place was destroyed, with broken glass and other equipment thrown to the ground.

Criminals robbed a Bitcoin ATM at a gas station in the state of Kentucky in the United States. According to a local website, the thieves, who have not yet been identified, went to the facility in Lexington and ripped off the equipment that was on site.

According to police authorities, unlike ordinary ATM machines, which are somehow fixed to the ground or some structure, the stolen Bitcoin ATM was completely loose, „which made the task much easier.

It is worth mentioning that in this situation it is practically impossible for criminals to have access to Bitcoins through the ATM, in fact the interest of the criminals is the money that was inserted in the machines, used to buy Bitcoin.

Witnesses say that the criminals used a pickup truck to commit the robbery and fled without being noticed by the people who were there. The police reported that so far they have no information necessary to identify and arrest the thieves.

The police explained that besides the characteristics of the vehicle, there is no other detail that can be used to identify the criminals. All you have is just images from the security cameras of the place and nothing else.

In the images it is possible to see two men entering the place and taking the equipment off the wall using only their hands.

The place was destroyed, with broken glass and other equipment thrown on the floor.

Bitcoin ATM thefts are becoming common, last year at least two cases were registered in the United States.

In 2019 a thief broke into a bakery and stole a Bitcoin ATM that was installed there.

As the equipment was more protected and more fixed, the thief took several blows with a sledgehammer to remove the device from the wall.

He tried to break the ATM on the spot to take only the money that was inside, when he realized that destroying the poor equipment would not work, he put the ATM in his lap and took away.

China integrates digital yuan into vending machines

In the city of Shenzhen, the state-owned Agricultural Bank of China launched the first digital yuan vending machines. The nationwide rollout of China’s digital currency is fast approaching.

Digital yuan trials intensify

The state- owned Agricultural Bank of China (ABC) last weekend launched the first digital yuan vending machines in Shenzhen city .

According to local media outlet Shenzhen Daily , customers of some branches of the bank have started spending and converting their digital yuan . The same digital yuan was distributed to 100,000 city residents in the form of an airdrop , each containing 200 digital yuan, or about $ 31.

In parallel with this initiative, the Agricultural Bank of China is setting up a new department dedicated to innovation around the digital yuan in Shenzhen, the “Digital Yuan Innovation Lab”.

Regarding this big breakthrough for the digital yuan, innovation center director Zou Hua added:

“The Agricultural Bank [of China] has taken the lead in launching the cash deposit and withdrawal function of ATMs in the area to guide the people of Shenzhen to adapt to the digitization of cash and explore service transformation. “

The national launch is getting closer

For several months now, China has been working hard to develop its central bank digital currency. In the testing phase in 4 major cities, the government is increasing the number of airdrops for their inhabitants.

The digital portfolios dedicated to the digital yuan are already operational, each partner bank having its own application. At present, everything suggests that China could roll out the digital yuan nationally in 2021 .

Progress on all of these pilot programs shows that the digital yuan is working. However, a recent South China Morning Post report rebalanced the scales somewhat. In December 2020, the former Governor of the People’s Bank of China toned down the idea that the digital yuan would substitute for international currencies .

Today, China is taking a much more cautious approach, especially since it realized the difficulties encountered by the Diem project , ex-Libra.

Either way, the rollout of the digital yuan across China is inexorably bringing people closer together. On the side of France and the European Union, work on the digital euro has indeed started , but its deployment should not take place for many years.

Not long ago, Christine Lagarde, President of the European Central Bank (ECB), spoke of the launch of a digital euro within 5 years .

Det er mer i Bitcoin Options historie!

Krypto-derivatmarkedet var stort sett vellykket i 2020. Mens Bitcoin Futures har vært i rampelyset mye på grunn av CMEs vekst, stjal Bitcoin Options showet med sin konsistente løpetur i løpet av 2020. Forstørrelsen går imidlertid utover det vanlige interesse fra handelsmenn, med andre faktorer som også spiller en viktig rolle i prosessen.

I følge Deribits siste institusjonelle nyhetsbrev var den samlede forestillte omsetningen i 2020 211 milliarder dollar, og samlet alle kontrakter og mynter. Bitcoin Options-omsetningen var nær $ 180 – $ 190 milliarder dollar. Det registrerte en økning på 82% fra 2019, et funn som demonstrerte veksten fra år til år i sektoren.

Årets siste kvartal var spesielt spesielt da oksekjøringen bidro til ekstrem høy handelsaktivitet. Nå på papir kan det virke feilfritt, men 2020 var mye mer enn det.

Bitcoin Options-markedet ville ikke ha registrert så høy interesse og volum hvis visse ting ikke hadde gått sin vei i markedet.

Bitcoin-pris, gjenoppretting og datafordel

Når det vedlagte diagrammet observeres, kan vi se at 2. kvartal i 2020 ikke var så imponerende som resten av kvartalene. Det var på nivå med det laveste kvartalet i 2019, og det skyldtes markedskrasj i mars. Nå, selv om Q2 i 2020 var lunken fra derivatmarkedets perspektiv, fikk prisen kraftig fart i denne 3-månedersperioden, momentum som satte hjulene i sving resten av året.

Bitcoin gjenopprettet raskt, og etter sin tredje halvering klatret BTC til 5-tallsverdien på $ 10.000 igjen. Q3 2020 hentet noe av dampen, og deretter la Q4 det beste kvartalet i Bitcoin Options markedshistorie.

Selv om prisen på Bitcoin gjorde noe i derivatindustrien, er en annen fordel med Options over Futures tilgjengeligheten av ekstra data. Alternativene gir muligheten til å ta i bruk kollektiv følelse ved hjelp av Implied Volatility.

Underforstått volatilitet for opsjoner i Bitcoin- markeder har et U-formet mønster eller „volatilitetssmil“ skjevt. Det indikerer at volatiliteten til opsjoner forbedres når opsjonen blir mye i pengene eller ut av pengene. Et slikt datasett gjør det mulig for handelsmenn å estimere den kollektive følelsen av markedet, det være seg bullish eller bearish.

Ethereum Options holdt fortet da Bitcoin var nede

Selv om det utelukkende er basert på spekulasjoner, kan det ikke benektes at ETH Options holdt handelsmennene i markedet når Bitcoin ikke kunne generere massiv prisbevegelse, og i tillegg utvidet aktivitetsaktivitet. Under Ethereums rally i august overgikk faktisk ETH Options kontraktsvolumer Bitcoins, da verdens største altcoin tiltrukket bedre resultater.

Det hele ordnet seg til slutt, siden disse handelsmennene forble i rommet da Bitcoin registrerte sin neste etappe opp i markedet.

Bitcoin (BTC) continues its ascent towards $ 35,000

On January 3, Bitcoin’s price hit a new all-time high.

Long-term and daily technical indicators remain bullish.

BTC is probably in wave 5 of a longer-term wave 3.

Bitcoin (BTC) hit a new all-time high (ATH) on January 3, this time rising to $ 34,778.

While the trend has yet to show any considerable weakness, BTC has already reached a crucial fibonacci extension level. This would suggest that he is approaching a cap, if he hasn’t already reached it.

Bitcoin’s weekly close

The week of December 28 to January 4, the price of BTC rose significantly, creating a bullish candlestick at the magnitude of 25%. On January 3, BTC then hit a new all-time high at $ 34,778.

Despite its massive rise and the seemingly parabolic rally, there are no clear signs of weaknesses in technical indicators yet. This suggests that the trend is still on the rise.

Likewise, the daily chart is not showing any clear signs of weakness despite the relatively long January 3 top wick, resembling a shooting star candlestick. In addition, it can be seen that the volume has not been particularly high in the past two days.

That said, there is no bearish divergence and both the RSI and MACD are still rising indicating that the price of BTC may continue to rise.

The two hour chart is giving us the first signs of weakness, as the MACD has lost some of its strength, almost falling into negative territory. That said, the RSI has generated considerable hidden bullish divergence. This is normally considered to be a sign of continuity, after which one would expect another upward movement.

That said, there is no structure in place and no clear areas of support or resistance

The wave count suggests that BTC is very close to peaking, or ceiling, if it hasn’t already.

BTC appears to be in wave 5 (blue below) of cyclical wave 3 (white).

The 3.61 fibonacci extension of Cyclic Wave 1 (blank) is $ 35,037 and suggests that the BTC has already reached its peak. The next size Fibonacci resistance zone would be at 4.61, at $ 43,755.

Using the fibonacci extension over the length of waves 1 to 3 (in blue), we get very similar goals of $ 34,187 (already achieved) and $ 43,532.

DeFi-related attacks exploded in 2020

A new report from CipherTrace notes that decentralized finance (DeFi) crimes are on the rise this year. They thus explode completely compared to the year 2019.

The volume of crypto crimes on the rise in 2020

According to the CipherTrace report , non-DeFi „generic“ crypto attacks amounted to $ 51.5 million in the first half of 2020. The trend has been up for the second half, as so far CipherTrace reports 292 millions of dollars in “ hacks and other thefts“ .

However, the DeFi sector is also growing. According to the report, decentralized finance accounted for 45% of all thefts and hacks ($ 51.5 million, or 40% of the volume that was hacked). For the second half of the year, DeFi currently represents 50% of all thefts and hacks ($ 47.7 million, or 14% of the volume).

DeFi: a new El Dorado for hackers?

According to CipherTrace, the volume of DeFi hacks was “ almost negligible“ for the year 2019 . The trend is therefore quite recent: the domain has completely exploded during the last summer. What is more, funds from „classic“ attacks could now be laundered thanks to DeFi.

The report recalls that it was the KuCoin hack that drove the volume up in the second half of the year. He allowed the attackers to walk away with $ 281 million . If we remove this particular attack, DeFi attacks gain the upper hand in terms of volume over the same period. CipherTrace also notes that the funds stolen from KuCoin partially passed through Uniswap , which therefore links this attack to DeFi.

What conclusion to draw ?

Unsurprisingly, the analysis firm concludes that the anti-money laundering measures of DeFi protocols are „deficient“. CipherTrace explains as follows:

“DeFi protocols are permissionless by nature, which means they often lack a compliance tool. Anyone in any country can access it with almost no KYC information. As a result, DeFi can easily become a haven for money laundering . “

CipherTrace is historically anti-anonymity and pro-regulation, so this interpretation is not very surprising. It’s a debate as old as Bitcoin, which regularly agitates the crypto community. The creation of decentralized financial systems often allow more anonymity and funds that pass without control from s classic regulators .

Should this be seen as a good thing, and as a way for users to regain control of their capital? Or should we be concerned about the opportunities this presents to malicious actors? The debate is open…