Daily Crypto NewsEDITION #554, 27 July 2022

Grow, DeFi, grow, baby!

Hey Moni Maker 💗

Today is Ghost Day in Japan. In Japanese mythology, these ghosts had their unique role, but that's not the point. We also have a lot of ghosts in crypto: apocalypse riders from the SEC, insider traders, scammers and hackers. You may not see them, but they are among us... no, don't be too paranoid - but remind yourself that not all people around you are your friends.

Let’s go!

So.... what's the news? CZ is suing Bloomberg for defamation, the SEC is getting even angry at Coinbase, and in the world of the nocoiners Elon Musk is accused of having an affair with the wife of Google founder Sergey Brin. Ugh, We're not in the mood to focus on some bullshit, let's get to t; howod news today, how do you feel about it? Yeah, great. 

Be[In]Crypto researched DeFi TVL is up $10 billion. Here are the numbers: 

TVL DeFi July 1 = $72.6 billion

TVL DeFi now = $81.93 billion 

Ethereum is in the lead: its TVL rose from $46 billion to $52 billion.

Of course, it's a stretch to call it research, cause in #YieldDuck digests Uncle Yield Duck looks at TVL every week and comments on it, recently proudly reporting on growth, for example. You can follow digests here - click

Btw, the news is very positive.

We've already written about Aurora. And so? Here's the important thing! Today there's some exciting news from them; let's take a peek, shall we? 

So, Aurora Labs is introducing Vote, a decentralized management platform that allows the community to self-manage the protocol. This happens through $VOTE tokens, which you get for the $AURORA staking. The more tokens are locked =, the more rewards you get.

Once you get $VOTE, there are two options: you can vote directly to elect a new DAO member or give your $VOTE tokens to an outside delegate to vote for you. DYOR? Grab the link!

Tokyo's Todai University is launching a program to teach advanced technology in meta universities. The list of professions includes entrepreneurship, artificial intelligence, and communication technology.

Undergraduates will be taught about the benefits of such a meta-space. And already working students will be allowed to get a second degree or improve their skills in the meta-universes... 

In short, read more on the website

Cold Wallet is an offline wallet that is used as storage for cryptocurrencies. Cold wallet also stores a user's address and private key and doesn't have access to Internet; that's why it's protected form online hacks and exploits. Great examples of cold wallets are: Ledger Nano, Trezor wallet, and paper with a private key in your strongbox.

And more you can find in our Glossary!

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