Crypto Trends
A summary of the crypto trends for the week.
ETH2 Testnet finality issue
An issue with Cloudflare impacted all Prysm nodes, and finality.
This reiterates why we need long running testnets and also why we need client diversity.
Yam migration
Yam is migrating after a defect couldn’t be resolved, this time with an audit funded from a $100k Gitcoin grant.
Yam launched last week, it was an elastic stable coin that periodically rebases the supply, and includes liquidity incentivization plus on-chain governance.
We want DeFi experiments but we also need to improve them, with increased testing and auditing, along with limits on the amount of money involved and emergency stops/exits. As ignoring warnings and amongst hype, some people will have lost money, potentially much more than they could afford.
Curve launch
A twitter user claims to have deployed the Curve contracts which the Curve team later adopted.
For detailed news see: Week in Ethereum News, EthHub, The daily GWEI and What’s New in Eth2
*Archive: Crypto Trends
Audits
Please contact the team when you are ready to request an audit!
Postmortem
Events
- Jonathan Alexander, OpenZeppelin CTO presents: Managing Cybersecurity Risks For Startups In Dangerous Times at #FuturePROOF - Virtual - 22 & 23 August 2020
Jobs
OpenZeppelin are hiring:
Security Services Lead - to lead and continue to build a global team of security researchers.
Security Platform Developer - a fullstack developer building and launching a new SaaS product focused on operational security for smart contract systems. No Ethereum experience required.
Open Source Developer - a Solidity developer working on our open source tools and libraries, including OpenZeppelin Contracts.
Finally
What is ETH supply?