Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth
Magnate Finance first deleted its Telegram channel and X account followed by taking down the website before pulling the plug on its TVL. Go to Source
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Curve liquidation risk poses systemic threat to DeFi even as founder scurries to repay loans
A Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the possibility of a contagion-level event remains. Go to Source Powered by WPeMatico
Base’s largest DEX LeetSwap halts trading amid exploit concerns
Some analysts have provided possible ways the exchange was exploited and pinned potential initial losses at over $600,000. Go to Source Powered by WPeMatico
Centralized exchanges will become gateways for DeFi: dXdY Foundation CEO Charles d’Haussy
CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dXdY. Go to Source Powered by WPeMatico
Arbitrum-based Rodeo Finance exploited for $1.53M, the second time in a week
The exploiter manipulated price oracles to gain the upper hand on trades they executed using the manipulated price. Go to Source Powered by WPeMatico
Requiring DEXes to register with SEC like other exchanges is ‘impossible’, says Coinbase CLO
“The SEC is attempting to front run Congressional action by baking unsupported assumptions about its crypto jurisdiction into the proposed rules,” said Paul Grewal. Go to Source Powered by WPeMatico
Uniswap releases version 4 code, allowing for new types of liquidity pools
The new version features “hooks” that will allow for more customized options, but it will not be implemented until more feedback is obtained from the community. Go to Source Powered by WPeMatico
Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges
DEXes are not securities exchanges argues crypto venture firm Paradigm. Go to Source Powered by WPeMatico
SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%
Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days. Go to Source Powered by WPeMatico
Atlanta Fed explains Web3 finance, including XRP ‘international payment medium’
The highly accessible introductory text mentions all the concepts and names a curious reader would need, along with some assessments. Go to Source Powered by WPeMatico
