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Project Overview
Dynamic is a multi-chain wallet-based authentication and authorization platform that enables developers to take advantage of wallet-based interactions in minutes. With Dynamic, developers can install a simple SDK in less than one minute and manage all authentication, onboarding, and authorization features from the developer dashboard. Developers can add additional chains with a single click, handle their users, create sophisticated onboarding processes, block OFAC and risky wallets with Chainalysis, and much more—all without having to write code.
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DeepSeek-V4 Preview Version Officially Launched and Open-Sourced
The DeepSeek-V4, a new model series from DeepSeek, is officially launched today in preview form and simultaneously open-sourced. The series comprises two variants: - **DeepSeek-V4-Pro**, whose performance rivals top-tier closed-source models and leads the open-source domain in agent capabilities, world knowledge, and mathematical/coding reasoning; - **DeepSeek-V4-Flash**, which features a smaller parameter count and delivers faster, more cost-efficient API services. Both models support a 1M (million-token) ultra-long context window and operate in both non-thinking and thinking modes. Technically, DeepSeek-V4 introduces a novel attention mechanism—combining DSA (Dynamic Sparse Attention)—to achieve globally leading long-context capability while significantly reducing computational and GPU memory requirements. For API usage, the `model` parameter accepts `deepseek-v4-pro` and `deepseek-v4-flash`. The legacy model names `deepseek-chat` and `deepseek-reasoner` will be deprecated on July 24, 2026.
Monad Co-Founder: Recommends Implementing Dynamic Caps on Collateral Deposits for Lending Protocols to Restrict Hacker Exit Vectors
Keone Hon, co-founder of Monad, stated that if a pooled lending protocol allows an asset to be deposited as collateral, it should impose rate limits on the increase in supply rather than opening up to the maximum supply cap all at once. For example, if the current supply is $100 million and the cap is $300 million, the supply should only be allowed to increase to $110 million within the next 10 minutes. He noted that this approach would limit the scale of possible withdrawals in the event of a hack targeting heterogeneous assets—particularly those exploiting infinite minting vulnerabilities—thereby constraining the impact of such attacks. Keone Hon believes lending protocols are typically the largest exit channel for associated assets. Implementing a “smart cap”—initially set slightly above the current supply and gradually adjusted over several hours to the true cap—would significantly improve risk control and could have prevented today’s ~$200 million loss for rsETH depositors.