Saylor’s Dubai Speech (Full Text): Why Bitcoin Will Become the Underlying Asset of Global Digital Capital | Bee Network
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Original author: Omer Goldberg Original article translated by: Deep Tide TechFlow Summarize Hours after the vulnerability attack on the multi-chain platform @Balancer caused widespread uncertainty in the DeFi field, @berachain urgently executed a hard fork, and @SonicLabs froze the attacker’s wallet. Subsequently, the price of Stream Finance’s xUSD stablecoin deviated significantly from its target range, exhibiting a clear de-pegging phenomenon. Long-standing problems resurface The long-standing controversy surrounding leverage, oracle construction, and the transparency of proof-of-reserves (PoR) has once again come into focus. This is a typical example of a “reflexive stress event” that we outlined in our article “The Black Box/Vault of DeFi” last Friday. What happened? /Background The Balancer v2 vulnerability has been exposed on multiple chains, and for a considerable period of time, it remains unclear which liquidity…# Analysis# bitcoin# crypto# defi# Exchange# Market# Token# Tool# web3Pre
BTC ETFs are facing selling pressure, but it's not a bear market yet.Next
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- Compiled by Odaily Planet Daily ( @OdailyChina ); Translated by Ethan ( @ethanzhang_web3) At Binance Blockchain Week on December 4, Michael Saylor, in his presentation titled