LP tokens – DIGIT INFO

What are liquidity provider (LP) tokens, and how do they work?

DIGIT — Mon, 08 May 2023 16:15:00 +0000

Providing liquidity to a pool could be another source of passive income in crypto. Find out here what liquidity provider tokens are and how they work.

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New ‘Pepe the Frog’ Crypto Token Becomes Sixth Largest Meme Coin by Market Cap

DIGIT — Thu, 20 Apr 2023 17:49:57 +0000

A new token named after Pepe the Frog, the infamous meme, and cartoon character created by Matt Furie, has entered the meme coin economy. The token is called Pepe (PEPE), and at the time of writing, it has become the sixth-largest meme coin asset in terms of market capitalization, valued at just over $130 million. […]

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Stiffing the Staker: The SEC’s Latest Crackdown on Crypto Innovation

DIGIT — Sat, 11 Feb 2023 21:30:03 +0000

The crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much to the satisfaction of Chairman Gary Gensler and his team. But what does this mean for the future of cryptocurrency and, more specifically, staking? The following opinion editorial was written by Bitcoin.com’s Business Development Manager […]

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BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack

DIGIT — Fri, 28 May 2021 22:30:38 +0000

Another Binance Smart Chain project has been hit with a flash loan attack according to a post mortem written by the Burgerswap team. The project’s official Twitter account said at around 3 a.m. on Friday, Burgerswap suffered from a flash loan attack with the hackers stealing $7.2 million in funds. Binance Smart Chain Defi Protocol […]

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Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million

DIGIT — Mon, 24 May 2021 23:00:48 +0000

There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports. The following Sunday, Bogged Finance saw $3 million exploited from a […]

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12 Defi Con Artists Exposed – Are Rug Pulling Incidents Threatening the Future of Defi ?

DIGIT — Mon, 12 Oct 2020 09:00:30 +0000

The ongoing hype about the abnormally high returns from Defi tokens has naturally seen many more investors moving funds to decentralized protocols. As of October 10, total value locked in Defi protocols was nearly $11 billion. However, despite this apparent endorsement of Defi, rug pulling incidents and outright scams now seem to be blighting this […]

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