As we transfer into the second half of 2023, De.Fi, the Web3 SuperApp, has been forging forward.
Some key achievements of the previous two weeks embrace the profitable integration of two new protocols: QuipuSwap and Youves. Moreover, our efforts prolonged to in-depth exploration and evaluation of a whopping 110 scams that occurred throughout the second quarter of the 12 months.
Moreover, De.Fi’s evolution hasn’t gone unnoticed within the wider crypto ecosystem, with notable protection from esteemed platforms like CoinTelegraph, TradingView, and TechCrunch, amongst others.
Let’s delve into an in depth recap of the numerous developments that transpired at De.Fi within the latter half of June 2023, as we proceed on our journey to remodel the world of decentralized finance.
Integration of QuipuSwap and Youves Protocols
Final week marked a major step ahead for De.Fi as we efficiently built-in two new protocols into our platform: QuipuSwap and Youves. We’re delighted to increase a heat welcome to each of them into our burgeoning DeFi ecosystem. Each these integrations play an important function in enhancing our SuperApp’s performance, which considerably advantages the Tezos neighborhood.
QuipuSwap, an open-source Automated Market Maker (AMM) protocol, affords a user-friendly interface for seamless Tezos token exchanges. With the mixing of QuipuSwap into De.Fi, customers can now effortlessly monitor their QuipuSwap balances and positions. Moreover, they will discover and capitalize on new yield alternatives with QuipuSwap tokens ($QUIPU), paving the best way for a extra strong funding expertise.
As well as, we’re thrilled to have Youves, the premier artificial belongings supplier on Tezos, as a part of the De.Fi ecosystem. With Youves now built-in into our SuperApp, customers can combination and handle all their belongings in a single place. This consists of their Tezos wallets, wallets from 44+ different chains, and Centralized Trade (CEX) accounts. The mixing permits for simultaneous monitoring of all positions, offering a complete and cohesive view of customers’ monetary portfolios.
These integrations not solely broaden the capabilities of De.Fi’s SuperApp but in addition contribute considerably to creating decentralized finance extra accessible, safe, and worthwhile for the Tezos neighborhood and past. Go to de.fi/discover to be taught extra and make the most of these options!
Report: $204M Stolen in Q2 2023
Within the second half of June, our Analysis Division carried out a complete on-chain investigation into the entire 110 scams and hacks that transpired in Q2 2023.
The thorough probe has led to the identification of latest tendencies adopted by scammers in addition to the detection of latest strategies of scamming. We wish to share a few of the investigation’s essential findings:
Firstly, it is very important be aware that the full quantity of crypto misplaced in Q2 2023 was lower than 1% of the full loss in Q2 2022. This means an enchancment within the total safety throughout the crypto ecosystem and a discount in profitable scamming and hacking makes an attempt.
Concerning the blockchain platforms that had been most focused by hackers, the highest three chains with probably the most hacks in Q2 had been BNB Good Chain ($BSC), Ethereum ($ETH), and Arbitrum ($ARB). These platforms, though numerous of their choices, had been probably the most affected, indicating a necessity for improved safety measures.
In the meantime, probably the most vital hack of Q2 was that of the Atomic Pockets, with $35 million stolen.
Our Analysis Division’s detailed findings and extra insights could be discovered within the complete report.
The completion of this investigation permits us at De.Fi to boost our preventive measures, enhance our safety requirements, and higher equip our customers in opposition to potential scams and hacks. The perception from this analysis can even be invaluable in influencing and enhancing practices throughout the crypto trade.
De.Fi Media Mentions
Our complete analysis on the scams and hacks in Q2 2023 has garnered consideration and recognition from the world’s main monetary know-how publications, additional amplifying the findings and insights generated by De.Fi’s analysis crew.
Cointelegraph, a significant blockchain information outlet, utilized our analysis information of their article, which could be accessed here.
Investing.com, a world monetary market information and evaluation web site, additionally highlighted our findings of their cryptocurrency information part. You’ll be able to learn the complete article here.
Moreover, TradingView, a platform for merchants and buyers, echoed our analysis information of their information phase. To delve into the small print, take a look at the complete article.
TechCrunch, a number one know-how media property, additionally featured our analysis information of their protection. The detailed article could be discovered here.
Final however not least, Outlook India, one in every of India’s most generally learn English magazines, additionally highlighted our analysis findings of their cryptocurrency information protection. You’ll be able to learn their full article here.
The widespread recognition and utility of our analysis information underscore De.Fi’s main function in enhancing transparency, safety, and integrity within the decentralized finance panorama.
Because the Crypto market will get again on the entrance foot, we are going to proceed to convey you the most recent narratives and alpha within the Crypto house, whereas equipping you with all of the instruments you want as an early investor in Web3.
