The Key Metric That Jumped 82% in August
And other record-breaking stats
News Recap Synopsis and additional links found on the unchainedpodcast.com website:
https://unchainedpodcast.com/the-key-metric-that-jumped-82-in-august/
There was jaw-dropping news on the Bitcoin front: Bitcoin had a “high” severity bug back in 2018. Although it was fixed and no one appears to have attempted to exploit it, the bug could have allowed attackers to steal funds. Otherwise, as one who’s been watching the DeFi space could probably predict, August was a good month for both Bitcoin and Ethereum, with volumes and fees up, and early indicators for September trending upward.
There’s also more news suggesting that interest is growing — both among builders and users. Swerve, a forked project from the automated market maker Curve, had a healthy amount of liquidity locked in it within a week, and small businesses in Africa are increasingly turning to Bitcoin. However, because it’s still early, there are plenty of cautionary tales. One lucky trader turned $200 into $290,000 with the click of a button, but their gain caused the project to collapse. Meanwhile, there are more stories of magic internet money disappearing into the ether.
Bitcoin Core Had High Severity Bug in 2018, Is Now Fixed
https://www.coindesk.com/high-severity-bug-in-bitcoin-software-revealed-2-years-after-fix
DeFi Ushers in Record-Breaking Volume in August
https://www.theblockcrypto.com/genesis/77040/crypto-august-by-the-numbers
Swerve Reaches Half of Curve’s Deposits in Days
https://www.theblockcrypto.com/linked/77133/swerve-finance-tvl-curve-deposits
Bitcoin Transactions Up Among Small Businesses in Africa
https://www.reuters.com/article/us-crypto-currencies-africa-insight-idUSKBN25Z0Q8
700 ETH Lost in Chainlink Attack
https://www.theblockcrypto.com/post/76986/chainlink-nodes-attack-eth
A DeFi Trader Turned $200 Into $290,00 by Exploiting a Bug in $SYFI
https://decrypt.co/41380/how-a-defi-trader-made-290000-with-just-200
FUN BITS
Jack Dorsey on Making Bitcoin More Accessible
https://twitter.com/Reuters/status/1304014254035677186?s=20
Eth2 Medalla Data Challenge
https://ethereum.org/en/eth2/get-involved/medalla-data-challenge/
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