🦎🚀 Llamas go to war! 🦙

Monday, March 20, 2023

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It's never a dull day in crypto, Geckos!

DeFi analytics site DeFiLlama is currently going through a civil war, causing the platform to be forked by its employees as llama.fi.

The dispute was over the potential launch of a LLAMA token, which was seemingly hinted at in one of the tweets from the official DeFiLlama Twitter account.

According to 0xngmi, one of the more prominent developers on the team, the person in charge of DeFiLlama's social media as well as their web domains, has intended to launch a token, while other team members were against the decision.

In other news, Microsoft may be experimenting with crypto wallets, more suspicious moves from the Euler attacker, and Polygon comes up with yet another NFT-based loyalty program.

Read on!

NFT Wash Trading on Marketplaces

NFT wash trading is on the rise again across the biggest marketplaces, increasing 126.0% month-on-month to reach $0.58 billion in Feb.

Blur contributed to 27% of the wash trading volume, as its airdrop saw traders ramping up their activity on the marketplace. X2Y2 meanwhile accounted for 49% and LooksRare 15%.

Read more: https://gcko.io/k65dtk3

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In Plain Sight

A pseudonymous software researcher known as Albacore on Twitter has uncovered evidence of a non-custodial crypto wallet that could be integrated into Microsoft's native Edge browser.

The screenshots posted by Albacore feature the wallet's user interface, a news feed, and also options to purchase cryptocurrency via Coinbase and MoonPay.

While the wallet is technically already 'included' within the latest updates of the Edge browser, the feature is still inaccessible to users for now.

Decrypt

From Euler to North Korea

The Euler Finance hacker responsible for draining $197 million from the protocol has been busy moving funds over the weekend, with one particular transaction going toward a red-flagged North Korean address.

According to Chainalysis, 100 ETH was transferred to an address previously tied to an older exploit performed by North Koreans.

The hacker has also returned a portion of the stolen funds by sending 3000 ETH back to Euler's deployer address.

Cointelegraph

First Starbucks, now Salesforce

Salesforce, a customer relationship management (CRM) platform, has teamed up with Polygon to introduce NFT-based loyalty programs.

According to the president of Polygon Labs, Ryan Watts, Salesforce will offer assistance to their client to produce token-based loyalty programs on the Polygon network.

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