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On April 20, Canadian Prime Minister Mark Carney delivered a video address via social media on April 19, assessing the current state of Canada-US relations. He stated that many of Canadas previous "advantages" built on close ties with the United States have turned into "disadvantages" that must be corrected, and called for addressing current challenges through foreign trade diversification. In this video address, titled "Forward-Looking Guidance," Carney said, "The United States has fundamentally changed the way it trades," raising tariffs to levels not seen since the Great Depression of the 1930s. Currently, US tariffs on the Canadian automotive, steel, and lumber industries have already had a negative impact. Carney said that Canada cannot control interference from the United States, nor can it pin its future on the United States suddenly ceasing these actions. "Hope is not a plan, and nostalgia is not a strategy." Carney pledged to regularly update the public on the progress of national trade diversification. He stated that in the past year, the Canadian government has signed 20 new trade agreements. Canada will attract global investment, harmonize inter-provincial trade regulations, and double its clean energy production capacity to reduce dependence on a single external market.Pakistani Prime Minister Sharif shared with Iranian President Pezeshiziyan recent exchanges with the leaders of Saudi Arabia, Qatar and Türkiye.According to the AXIOS website: Despite being blacklisted, the U.S. National Security Agency is still using Anthropics Mythos model.April 20th - According to CBS News, U.S. officials revealed that the aircraft carrier USS Gerald R. Ford has returned to the Middle East after a brief stop in the eastern Mediterranean. The carrier, along with two destroyers—the USS Mahan and the USS Winston S. Churchill—has passed through the Suez Canal into the Red Sea. The Ford, which had been at sea since June and had just returned from a deployment in the Caribbean, had broken the record for the longest aircraft carrier deployment since the Vietnam War. It has now returned to the Middle East after a fire in its laundry unit forced it to return to port for repairs. The Ford joins the USS Abraham Lincoln, which is operating in the northern Arabian Sea. The USS George H.W. Bush is currently rounding the Cape of Good Hope and is expected to arrive in the region around the end of the month, at which time three aircraft carriers and their strike groups will be operating in the area.April 20 - According to information obtained from Iran on the 19th local time, the US military attacked an Iranian merchant ship to force it to return to port.

Blockchain Games Raise $2.5B As Dapps Lose $1.2B to Hacks in Q1 ’22

Skylar Shaw

Apr 21, 2022 09:46


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According to the research, approximately $12 billion in NFT transactions were done in Q1 2022.


Over the same time span, DeFi technologies have lost more than $1.2 billion.


Venture capitalists have invested $2.5 billion in gaming businesses, bringing the total value of GameFi TVL to $28 billion.


Bitcoin and altcoins are no longer the exclusive forms of cryptocurrency. With the emergence of the Metaverse, space has become a realm unto itself, both metaphorically and physically.


NFTs have become a need for investors, and gaming projects have gotten a lot of attention this time around as well. But how much is the question?

DeFi knocks it out of the park with this one.

The DeFi field is expanding, according to the DappRadar Q1 industry report, as the NFT and Metaverse markets gain traction and interest in blockchain gaming grows.


And the benefits of Decentralized Finance (DeFi) outweigh the risks posed by external causes.


Throughout the first quarter, Dapps together recorded over 2.38 million daily unique active wallets, and the DeFi TVL maintained its pace despite the variations.


The greatest winners this time were none other than NFTs, who earned more than $12 billion in transactions as a result of their acceptance outside of Ethereum.


Furthermore, the first quarter of 2022 was a banner year for blockchain gaming ventures. These Dapps were able to raise nearly $2.5 billion from venture capitalists and get the attention of investors.


But with every benefit comes a drawback, and the hacks are DeFi's biggest drawback. DeFi stands for decentralized finance, which means it is not reliant on anybody to keep it secure from direct access attacks or exploitation.


Those looking for a loophole, on the other hand, find a way to exploit a protocol, as DeFi protocols did in the first three months of 2022, losing over $1.2 billion.


Axie Infinity's Ronin Hack is responsible for around half of this damage, with exploiters taking over $615 million in the largest crypto assault ever. The Wormhole was the other big exploit, with $326 million taken.

However, it did not halt the growth of DeFi.

The total value locked (TVL) across all Decentralized Finance protocols and chains is now $214 billion, which, although significant, pales in contrast to the crypto space's $1.9 trillion market cap.


The fast developing GameFi market, which has piqued the eye of both users and investors, is now valued at over $28 billion and increasing, due to the advent of Metaverse and platforms like The Sandbox and Decentraland.


While a result, as DeFi is seen as the future of finance, these areas will see a lot more investment coming in in the future.

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