Bulletin of #DeFi (new format): Key indicators of the DeFi segment The volume of blocked funds (#TVL) in DeFi protocols decreased to $211 billion. The Curve Finance protocol still holds the lead with an indicator of $19.86 billion. Lido ($18.63 billion) remained on the second line of the rating, and #Anchor ($16.14 billion) broke out on the third. TVL in #Ethereum applications dropped to $114.8 billion. Over the past 30 days, the indicator has decreased by 2.5% (on March 23, the value was $117.69 billion). The volume of trading on #decentralized exchanges (DEX) over the past 30 days amounted to $69.3 billion. Uniswap continues to dominate the market of non—custodial exchanges - it accounts for 75.3% of total turnover. The second #DEX in terms of trading volume is #Sushiswap (5.1%), the third is #Curve (5%). The head of JPMorgan recognized the value of #blockchain and DeFi technologies. JPMorgan investment bank CEO Jamie Dimon acknowledged that blockchain technology and decentralized finance applications have value. Hacker hacked the Zeed DeFi protocol, but did not take $1 million. An unknown person used the vulnerability of the Zeed DeFi protocol based on #BNB Chain, but did not withdraw funds for $ 1 million. The hacker released additional tokens of the YEED project and sold them on the market. The price of the coin has collapsed to zero. The attacker destroyed the smart contract that was used in the exploit. As a result, the assets were blocked. Andre Cronje was criticized for calling for regulation of DeFi. The founder of the DeFi-project yEarn Finance, Andre Cronje, stated the need to regulate the crypto industry and ran into criticism from the community. He suggested that the current generation of project developers in the industry is repeating the mistakes of the creators of the existing monetary system in an attempt to "do something better." Cronje contrasted the concepts of cryptoetos and cryptoculture. In the first he included the ideas of sovereign rights, self-sacrifice and self-perfection. With the second, he linked property rights, enrichment and ego. According to him, the crypto culture "stifled the idea of cryptocurrency." The bloXroute Labs team has closed a $70 million Series B funding round. It was headed by SoftBank Vision Fund 2 with the participation of Dragonfly Capital, ParaFi Capital, Lightspeed Venture Partners, GSR, Jane Street, Flow Traders, RBF Capital and others. The funds raised will be used to improve high-frequency trading in the DeFi sphere and expand the staff from 30 to 100 employees. bloXroute Labs' assessment has not been disclosed. The total amount of funds raised reached $95 million. Bastion landing protocol has closed a Series A funding round for $9 million. It was headed by Three Arrows Capital with the participation of #FTX, Jane Street, The Spartan Group, Crypto.com and other investors. The Bastion team announced over the next few weeks the launch of the leverage farming function, new listings, as well as plans for DeFi gamification using NFT. Hacks and scams: The Ethereum-based Beanstalk #Farm #stablecoin protocol lost more than $181 million in cryptocurrencies as a result of hacking. The hacker received about $76 million. The attacker created a proposal for the management of BIP-18, providing for a donation in favor of Ukraine in the amount of $ 250,000, which he falsified before execution. The landing project Inverse Finance reported a hacker attack, as a result of which assets worth $ 15.6 million were stolen. The protocol team promised to compensate the users' losses. 1inch #Network has integrated the #Fantom blockchain. Convex Finance fixed a bug that potentially threatened to lose $15 billion. DeFi-Wonderful platform to buy a regulated crypto exchange Coinberry. The #Cosmos ecosystem's Gravity DEX protocol will be transferred to its own blockchain.
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