FTX collapse followed by an uptick in stablecoin inflows and DEX activity
Investors piled into stablecoins following FTX’s collapse and an uptick in DEX activity suggests a rising interest in self-custody options. Go to Source Powered by WPeMatico
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Hackers keeping stolen crypto: What is the long-term solution?
In the long run, the industry needs to come together and step up its cybersecurity game in a big way rather than seek out such temporary fixes. Go to Source Powered by WPeMatico
Maintaining decentralization: Are custody services a threat to DeFi protocols?
DeFi ecosystems try to live up to crypto’s decentralized ethos, but single-token governance protocols could prove a challenge. Go to Source Powered by WPeMatico
Not just FTX Token: Solana price nukes 40% along with other ‘Sam coins’
Cryptocurrencies exposed to Sam Bankman-Fried and his companies, Alameda Research and FTX, have dropped by an average of 40% this week. Go to Source Powered by WPeMatico
Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit
On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan exploit and following the attack, the team detailed the Quickswap Lend platform will be terminated. Quickswap Hacked for $220K, Dex Project Sunsets Lending Platform 2022 has been quite the year for decentralized finance (defi) hacks as billions have been stolen due … Read more
What directional liquidity pooling brings to DeFi
Directional liquidity pooling is a new way for liquidity providers to add liquidity to exchanges while avoiding impermanent loss. Go to Source Powered by WPeMatico
Crypto hacks are set to hit all-time highs in 2022, analyst explains
Kim Grauer, Director of Research at Chainalysis, explains why the amount of crypto stolen in hacks is surging and what could be done to invert this dangerous trend. Go to Source Powered by WPeMatico
How decentralized exchanges have evolved and why it’s good for users
Decentralized exchanges have improved usability and user experience, becoming a good option for investors in the crypto space. Go to Source Powered by WPeMatico
Uniswap Labs raises $165M as attention shifts to NFTs, Web3
The decentralized exchange has supported $1.2 trillion in cumulative trading volume since its inception, according to founder and CEO Hayden Adams. Go to Source Powered by WPeMatico
Transit Swap loses over $21M due to internal bug hack, issues apology
“We are deeply sorry,” stated Transit Swap while revealing that a bug in the code allowed a hacker to make away with an estimated $21 million. Go to Source Powered by WPeMatico
