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LPUD & LEO Mindset
Since 2018, the Hive blockchain, supported by InLeo, has stood out as a leading SocialFi platform, surpassing rivals with continuous innovation like Threads and Shorts that enhance user engagement and earning opportunities. The platform's growth is propelled by community feedback and initiatives like the upcoming Leo Fans update, which allows exclusive content creation.
With increasing active users and events like Leo Power Up Day, InLeo and Hive showcase a strong commitment to sustainable development and community-driven progress.
DeFi Delta Prime Protocol loses an estimated $5.9 million to Private Key Vulnerability
DeFi protocols continue to be targeted by sophisticated cyberattacks, with recent incidents underscoring the ongoing security challenges. The Li.Fi protocol suffered an $11 million loss, while the Ronin bridge was exploited for $12 million, though recovered by white-hat hackers.
More recently, Delta Prime protocol lost $5.93 million due to a possible private key compromise during a proxy update, allowing attackers to drain significant liquidity. These breaches highlight the critical need for robust security measures in the DeFi space to prevent future vulnerabilities
VISA looks into the importance of stablecoins in emerging markets
Visa's study highlights stablecoins' crucial role in financial inclusion across emerging markets like Nigeria, Brazil, and India. It shows that stablecoins are primarily used for crypto trading, savings, and securing better exchange rates. Despite high fees, Ethereum is the preferred blockchain, while the Binance wallet is most commonly used for stablecoin transactions due to its prominence in P2P markets.
Nigeria emerges as the top user of stablecoins, using them to mitigate economic instability and enhance financial access.
Sigma on Hive
A $SIGMA enthusiast on Solana is thrilled about its potential on Hive, noting its strong community and 46 billion TikTok impressions. By leveraging Hive's social-fi features, $SIGMA could see greater utility and integration into decentralized finance, potentially transforming it into a major player in the crypto ecosystem.
With its success on Solana, the enthusiast believes $SIGMA on Hive could reach a $50 million market cap, emphasizing its significant growth potential.
Finally, the updates on the side of InLEO's new cross-chain product called LeoDEX have been going on.
🚨BREAKING🚨
All swaps below $150 is now free on LEODex. This is super huge and puts LEODex on par with many centralized exchanges.
✅ Cheaper than CEX
✅ Faster than CEX
✅ Permissionless
✅ Self-Custody.
InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.