There are two key numbers to watch in the crypto world: how far privacy protection goes, and how much of the losses can be recovered. The Ethereum Foundation @ethereum announced on October 1 that zkAPI is now live on the mainnet. It uses zero-knowledge proofs to separate payment identities from specific API calls. However, AI service providers can still see prompts, and IPs and content fingerprints are not within the protection scope. On the same day, Term Finance @term_labs disclosed that the USDC loss pool amounts to approximately $1.6386 million, with about $987,100 already recovered. If the remaining Repo Tokens are fully redeemed, the estimated total recovery rates for the two types of depositors will be 87.8% and 64.1%, respectively. As of this announcement, the stolen ETH has not been recovered, and the ETH pool's distributable funds only come from the redemption of rescued Repo Tokens. My take: anonymity depends on its boundaries, and recovery depends on whether the funds in the promo (can) match the funds in the account (do). #Ethereum #DeFi #Privacy