#smart

A user fell victim to a 'Zero Transfer Phishing' scam, losing $20 million USDT. These malicious parties imitated a few characters in the wallet address to deceive the unsuspecting victim. Fortunately, Tether reacted swiftly and froze the assets in just 50 minutes.Always stay vigilant when copying wallet addresses from transaction records.Scammers create custom smart contracts to generate look-alike addresses and dupe potential victims. Correct Address: 0xa7B4BAC8f0f9692e56750aEFB5f6cB5516E90570 Phishing Address: 0xa7Bf48749D2E4aA29e3209879956b9bAa9E90570

zkSync Era revenue aggregator Kannagi Finance has experienced a rugpull, and its official website is now expired. On July 6, the company was audited by SolidProof, but the firm says they have nothing to do with the smart contract related to the incident. In just one day, the Total Value Locked (TVL) in the platform plummeted from $2.13 million to nearly zero

Polygon Labs has announced plans for a new, more decentralized governance model as part of its upcoming Polygon 2.0 roadmap. The team has proposed "three governance pillars" that will manage the core protocol, smart contracts, and a community treasury. Key features include an expanded Polygon Improvement Proposal (PIP) framework, an ecosystem council to manage system smart contract upgrades, and a two-phase community treasury governance model to fund promising projects.

Arthur Hayes, Maelstrom CIO and ex-BitMEX CEO, argues that AI-powered Decentralized Autonomous Organizations (DAOs) will revolutionize economic entities, making traditional structures obsolete due to their reliance on human labor and state-enforced contracts. He asserts AI DAOs, unfettered by physical forms and therefore state laws, will use smart contracts on public blockchains for self-governance and service provision. Hayes predicts that DAO capital markets will become the first genuinely global markets and decentralized exchanges will naturally monopolize the trading of DAO-issued tokens. Hayes sees a future trillion-dollar AI-powered economy that would significantly boost the value of blockchains like Ethereum.