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Alexander Mardar

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Alexander Mardar's Observations 322 Articles
DeFi   -   Dec 17, 2023 Yearn.finance Reaches Out to 'Lucky Traders' After $1.4M Treasury Loss
Yearn.finance Reaches Out to 'Lucky Traders' After $1.4M Treasury Loss

Yearn is actively seeking the return of $1.4 million lost after a multisig script error. Users’ funds have remained unaffected by this incident.

Alexander Mardar
Ethereum   -   Dec 14, 2023 Ethereum Enters Deflationary Phase Due to Increased On-Chain Activity
Ethereum issue and burn compared deflationary phase

Ethereum’s supply has dipped to a new low since the Shanghai upgrade, fueled by a surge in market and on-chain activities. Over $58 million in ETH has been burned recently, indicating a strong deflationary trend within the network.

Alexander Mardar
DEX   -   Dec 13, 2023 Synthetix to End SNX Token Inflation, Shifting Incentive Strategy
Synthetix to End SNX Token Inflation,

Synthetix’s proposed SIP-2043 will halt SNX token inflation, transitioning to a buyback and burn model. This strategic shift is aimed at enhancing support for passive token holders and seeks to strengthen the incentives for purchasing and holding the token.

Alexander Mardar
Bitcoin   -   Dec 12, 2023 Bitcoin Ordinals Listed as Vulnerability in U.S. National Database
Bitcoin Ordinals Listed as Vulnerability in U.S. National Database

Labeled as a vulnerability, Ordinals face scrutiny for increasing block sizes and congesting the network. This issue, now officially recognized, raises critical concerns about the future scalability and efficiency of the Bitcoin network.

Alexander Mardar
Ethereum   -   Dec 09, 2023 Ethereum Faces Censorship Concerns Amid Rising MEV-Boost Use
Ethereum Faces Censorship Concerns Amid Rising MEV-Boost Use

With over 90% of Ethereum blocks now being built using MEV-Boost middleware, concerns over centralized block builders and increased transaction censorship have emerged. This shift challenges Ethereum's foundational principles of independence and decentralization.

Alexander Mardar
Solana   -   Dec 08, 2023 Solana Emerges as Top Destination for Airdrop Hunters
JTO Pyth Airdrops on Solana

Solana’s resurgence is partly fueled by lucrative airdrops from its ecosystem projects, with Jito's recent $250 million distribution being a prime example. This has led to a growing trend of users moving liquidity to Solana in anticipation of similar high-value airdrops from other projects.

Alexander Mardar
Bitcoin   -   Dec 08, 2023 Bitcoin Ordinals Stir Controversy: Innovation or Network Burden?
Bitcoin Ordinals Stir Controversy: Innovation or Network Burden?

Bitcoin Ordinals have created a divide within the BTC community. While introducing novel opportunities and revenue streams, they also raise concerns over network congestion and spamming.

Alexander Mardar
DEX   -   Dec 05, 2023 Osmosis DEX Merges with UX Lending Platform Boosting DeFi on Cosmos
Osmosis DEX Merges with UX Lending Platform Boosting DeFi on Cosmos

The merger unites Osmosis’s deep liquidity with UX Chain’s lending functionality, fostering innovative DeFi solutions in the Cosmos ecosystem.

Alexander Mardar
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