Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit

Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan ExploitOn 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 […]

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QuickSwap Price Up 56% After StrongNode’s Dragon Syrup Farm Goes Live

QuickSwap price is up over 56% today, making it the biggest gainer on Crypto.com. With a market cap of $132 million and a 24-hour trading volume of $329 million, QUICK is making waves in the market today. Let’s look at QuickSwap and its token QUICK and see why the price is rising. What Is QuickSwap? Launched in October 2020, QuickSwap is a fork of the most popular decentralized exchange on Ethereum, Uniswap. QuickSwap is built on Polygon, a layer-2 scaling solution that reduces trading fees significantly. It’s also the largest decentralized exchange on the Polygon network. QuickSwap has a similar

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Games Coins, Defi Tokens, Metaverse Assets Rise Above Market Downturn With Double-Digit Gains

Games Coins, Defi Tokens, Metaverse Assets Rise Above Market Downturn With Double-Digit GainsWhile digital currencies like bitcoin and ethereum lost roughly 10% in value during the last seven days, the decentralized finance (defi) economy has weathered the storm better than the top two leading crypto assets. A slew of blockchain games coins, defi tokens, and metaverse assets like gala, crypto.com coin, wax, kadena, wonderland, and avalanche have […]

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Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex Volumes

Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex VolumesDuring the second week of October, the total value locked (TVL) in decentralized finance (defi) protocols crossed $200 billion, and two weeks later in November, the TVL in defi surpassed $250 billion gaining 25% in value. Meanwhile, Ethereum commands more than 67% of the $253 billion TVL in defi today, gaining 4.65% during the last […]

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