ORO Perché il Gap Up?
I mercati odiano l'incertezza, e Trump è il "Re dell'Incertezza", gli investitori smettono di guardare i rendimenti e iniziano a guardare alla protezione del capitale.
$ZEPH Exchange Deposits Disabled & Upcoming Chain Audit
Background:
6 months ago, there were three executed transactions on the Zephyr Chain that are of high suspicion. In our current version, it is no longer possible to submit transactions using the same method that allowed those suspicious transactions to be accepted.
Although our investigations are still ongoing and evolving, the evidence suggests that these transactions could have led to the unauthorized minting of additional ZEPH.
In light of this, we are moving forward with a comprehensive chain audit to fully assess the scope of any potential impact and ensure the integrity of the Zephyr ecosystem.
We’ve also made the decision to request all exchanges disable ZEPH deposits until our planned audit can be completed. As of this announcement, most (if not all) exchanges have confirmed that they have disabled both deposits (and/or withdrawals)
This was not an easy decision, but we believe it will mitigate potential risks more than it will cause harm. We considered this option carefully for some time and maintained a “high alert” status before finally opting to initiate this call.
THE GOOD NEWS:
We have confirmed exchanges wallet balances are expected and reasonable and total to less that our reported circulating supply of 6.4M.
Taking these drastic actions therefore may seem unwarranted, and we are hopeful that this was a failed exploit attempt, but we cannot fully rule out the possibility of unauthorized ZEPH being minted due to these transactions.
Now that exchanges are offline, it's not possible for any further excess coins, if they exist, to fall into legitimate users hands.
The audit will have to be comprehensive and impossible amounts will be blacklisted. Post-audit, any coins not audited will be null and void.
THE BAD NEWS:
It is possible that some amount of unauthorized ZEPH was created, sold off slowly over six months, and is now in legitimate users’ hands. With deposits disabled, this flow is stopped if there was any unauthorized ZEPH remaining - and the damage done thus far is now contained. In this worse case, we can expect some inflationary effects.
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However, we know that we haven't seen multiple millions of ZEPH sold off on exchanges due to trading activity and exchange wallet balances.
We also would've seen major distortions in our DJED mechanics (e.g., unexpectedly high amount of ZEPH in the reserve), as the excess coins would've been used by legitimate users to mint ZSD, ZYS and ZRS.
So, we have reasons to be optimistic. If there is damage, it won't be insurmountable - and we are working diligently to ensure this is the case.
In saying that, we also are treating this with the seriousness it warrants.
Our Upcoming Audit:
We are working as quickly as possible behind the scenes to finalize the hard fork and audit process.
More details will follow on how to participate, but if your coins are on an exchange, they will effectively handle this process for you. We are going to make this process and simple as possible for every user.
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We understand these measures are far from ideal and apologize for any inconvenience. However, we believe they are necessary to protect the long-term integrity of our chain and your holdings.
We also recognize that this entire situation is very unfortunate, and we are disappointed in the oversights that contributed to this situation. We apologize, and are doing all we can to rectify this to the best of our ability. We must redouble our efforts to be more diligent going forward. This includes a comprehensive review of our entire codebase, alongside the already planned audit, to ensure issues like this do not recur.
Thank you for your patience and continued support as we work to resolve this in the best possible way. We will keep you updated on all further developments.
— The Zephyr Team
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Mastercard is coming to @PeraAlgoWallet.
Through @immersve, soon you'll be able to tap a phone to make purchases with instant finality.
Here's the full update coming to Algorand 👇
È possibile che assisteremo a una grande svendita del mercato azionario prima che l’inflazione si manifesti nei supermercati?Storicamente sono trascorsi circa 3 anni tra l'inizio dell'espansione monetaria e il momento in cui i consumatori avvertono la crisi
Hong Kong approva gli ETF spot su Bitcoin ed Ethereum
Hong Kong approva gli ETF su Bitcoin ed Ethereum, segnando un'importante pietra miliare nella diffusione delle criptovalute.
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fonte: Benzinga Neuro
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