Huoxun Finance News, March 3rd - According to TheDefiant, the Aptos community overwhelmingly passed a proposal aimed at introducing deflationary token economics, with voting ending on March 1st. The proposal sets a hard cap of 2.1 billion APT tokens, transforming APT from an unlimited supply to a finite supply. The voting results show 335.2 million APT voted in favor, with only 1,500 against, but the participation rate was only 39%, slightly higher than the community's required 35% threshold. The proposal is currently pending implementation. The proposal aims to enhance APT's deflationary properties by limiting future inflation and rewarding long-term holders. Previously, Aptos updated its token economic model: gas fees increased tenfold, and the supply cap was set at 2.1 billion tokens.

Huoxun Finance reported on March 3rd that CurveFinance announced on its X platform that it is investigating an attack on the sDOLALlamaLend market. Preliminary investigations indicate the attack exploited a combination of vulnerabilities between the price oracle features used by sDOLA and the amount of sDOLA existing in the market outside of collateral. The attacker's gains were relatively small, but this attack highlights the importance of specific methods for handling vulnerable collateral in LlamaLend. Borrowers using sDOLA as collateral were liquidated, lenders were unaffected, and sDOLA holders received some returns. The team is further investigating whether other similar existing markets could be affected and ensuring LlamaLendV2 remains secure even with vulnerable collateral vulnerable to donation attacks across all market sizes. Previously, YAMFinance responded to the Inverse attack, stating that suspicious transactions originated from LlamaLend, not a contract vulnerability.

According to Odaily Planet Daily, Lookonchain monitoring indicates that a whale associated with Matrixport, while holding 120,000 ETH long positions, has opened a new 400 BTC long position with 20x leverage, bringing the total position size to approximately $27.3 million. Data shows that this address previously held approximately 120,000 ETH long positions, and the current addition of a leveraged BTC position is undisclosed.

Huoxun Finance reported on March 3rd that GarrettJin, an agent for "1011 Insider Whale," posted on the X platform that the current market transmission logic is that geopolitics influences the macroeconomy, which in turn affects the crypto market. Key indicators to watch include oil prices, the US dollar index, and the yields on 2-year and 10-year US Treasury bonds. He pointed out that the crypto market is currently still in a range-bound state, but remaining cautious is a typical choice at this time.

Huoxun Finance reported on March 3rd that, according to Cryptobriefing, JPMorgan Chase CEO Jamie Dimon stated on CNBC that he welcomes competition and advancements in blockchain technology, but emphasized that stablecoin rewards should operate within a fair regulatory framework. Dimon pointed out that banks view stablecoin rewards as equivalent to paying interest on deposits, and any company holding customer funds and providing interest is effectively acting as a bank and should be subject to the same regulatory standards. Dimon proposed a compromise: rewards could be paid on transactions rather than balances. If a company holds balances and pays interest, that is banking business and should be regulated as a bank. He listed the regulatory burdens faced by financial institutions, including FDIC insurance, anti-money laundering rules, capital and liquidity requirements, and community lending obligations, arguing that allowing non-bank companies to offer banking-like products without similar regulations would create unfair competition and potentially harm consumer interests.