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03:21
DeFiLlama founder: The actual implementation of wallet login modes on most crypto platforms faces much higher friction than expected
According to Jinse Finance, 0xngmi, the founder of DeFiLlama, stated on the X platform that although "Log in with Wallet" is frequently discussed in the crypto industry, there are many practical obstacles in the actual implementation by most crypto platforms. One of the biggest issues is that users often forget the wallet address they used to register. In addition, it is difficult to send users timely critical notifications (such as API quota usage alerts) under the wallet login model. While introducing email as a supplementary step can partially solve the problem, it undermines the original intention of wallet login and increases friction for users. Although wallet login still has value in application scenarios with high security requirements, such applications only account for a small portion of the overall market.
03:16
Bitget PoolX to launch IMU, lock ETH to unlock 6 million IMU
Foresight News reports that Bitget PoolX will launch the IMU project, allowing users to lock ETH to unlock 6,000,000 IMU tokens, with an individual locking limit of 1,500 ETH. The locking channel will be open from January 22 at 22:00 (UTC+8) to January 28 at 22:00 (UTC+8). In addition, during the event, users with a positive net deposit will receive an 8% ETH savings interest rate coupon after PoolX ends. For users participating in PoolX for the first time, those who meet the net deposit requirement can receive a 15% ETH interest rate coupon. The net deposit deadline is January 27 at 18:00 (UTC+8).
03:16
Geopolitical turmoil drives up the Fear Index, but analysts say extreme fear has not yet been reached
ChainCatcher News, according to Golden Ten Data, on Tuesday the fear index VIX once surged by 1.9 points to 20.69, an eight-week high, and closed at 20.09, marking the highest closing price since November 24. Jim Carroll, a senior wealth advisor in Charleston, South Carolina, stated that although risk indicators have shown a significant reaction, this is not yet a panic response. Alex Morris from F/m Investments pointed out that the market's reaction to geopolitical turmoil is to avoid stock risk and buy gold and cash, and that the VIX would need to rise to 30 to trigger real panic.
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