Canada June imports

In the field of financial technology, Huma Finance is leading a revolution in credit models. The platform is based on the innovative concept of "future income streams" and has built a three-layer technical architecture that completely reshapes the traditional credit system. The first layer is the cash flow capture layer. Huma Finance achieves seamless integration with enterprise ERP systems, cross-border payment platforms, and freelancer work platforms through extensive API interfaces. This allows the system to obtain various income data in real-time, including payroll records, invoice confirmations, and cross-border remittances, among 12 types of raw data, with data precision reaching hourly levels. For example, in collaboration with a Southeast Asian travel platform, drivers can authorize the system to access their daily income details for nearly the past six months. It is noteworthy that this sensitive data is encrypted using zero-knowledge proof, exposing only the necessary features to the protocol, effectively protecting user privacy. The second layer is the risk pricing engine, which is the core of Huma Finance's technological innovation. This engine has trained a highly accurate machine learning model based on over 5 million historical cash flow data. This model can keenly identify the risk characteristics of different types of income. For example, for the relatively stable salaries of civil servants, the model would assign a high discount rate of 90%. However, for the more volatile project-based income, such as construction contractors' project payments, the model dynamically adjusts the discount rate between 70% and 85% based on the actual performance of the project. The third layer is the smart contract execution layer. This layer employs an innovative multi-signature oracle mechanism to verify the authenticity of income. Taking a freelancer applying for a $10,000 loan as an example, the smart contract will automatically lock the borrower's expected income for the next three months on a specific platform. When the funds are received, the system will automatically deduct the repayment amount daily. In case of overdue payments, the penalty will be automatically allocated through the blockchain, which not only avoids the moral hazards in traditional collections but also simplifies the cumbersome 17 manual steps in traditional lending into 3 smart contract operations, achieving a high efficiency where risk assessment can be completed in just 2.8 seconds. Huma Finance's innovative model not only improves the efficiency and accuracy of credit approvals but also provides new financing channels for groups that are difficult to serve by traditional financial systems. This credit method based on future income streams is expected to bring significant breakthroughs in financial inclusivity and risk management, injecting new vitality into the entire financial industry.

Duplo, a Nigerian fintech, raised $4.3 million to digitize payment solutions for businesses. The platform has seen rapid growth, increasing clients by 1,000% and payments by 5,000%. It automates various financial processes for FMCG distributors and finance teams.

Egyptian fintech startup SETTLE has secured $2 million in pre-seed funding to enhance its platform for CFOs and business owners. Founded in 2023, it aims to automate financial workflows and improve decision-making with real-time data, linking ERP systems and bank accounts.

The Solana ecosystem has suffered a large-scale attack, with hackers cleverly exploiting market mechanisms to profit over 100 million dollars. Recently, a decentralized trading platform in the Solana ecosystem experienced a major security incident, resulting in losses of up to $116 million. This attack not only showcased the Hacker's technical prowess but also highlighted their profound understanding of decentralized finance (DeFi) and decentralized autonomous organization (DAO) mechanisms. The attacker used a sophisticated "price manipulation" strategy. Specifically, the Hacker used two accounts with an initial total capital of 10 million USDT. First, 5 million USDC was deposited into the target platform. Then, a large position of 483 million was created in the MNGO-ERP market. Subsequently, a counter trade was executed through another account, artificially raising the price of MNGO from $0.0382 to $0.91. This operation allowed the attack

Duplo, a Nigerian fintech, raised $4.3 million to digitize payment solutions for businesses. The platform has seen rapid growth, increasing clients by 1,000% and payments by 5,000%. It automates various financial processes for FMCG distributors and finance teams.