Trump token dumps 31% despite doubts he’s behind the DJT token
Trump hasn’t confirmed or denied ties to the DJT token but a blockchain analytics firm and industry leaders raised doubt that it was launched by Trump’s team. Go to Source
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Orbs VP Ran Hammer Says Future of Defi ‘Hinges on Liquidity Aggregation’
Although decentralized finance (defi) platforms have traditionally focused more on maintaining liquidity and volumes in their respective pools, Ran Hammer, the vice president of business development at Orbs, believes that “the future of defi hinges on liquidity aggregation.” According to Hammer, this shift is evidenced by the emergence of dominant aggregators that optimize trades by … Read more
Balancer blames ‘social engineering attack’ on DNS provider for website hijack
Blockchain security firms SlowMist and CertiK also believe the crypto wallet drainer, Angel Drainer, was involved in the estimated $238,000 exploit. Go to Source
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
Symbiosis integrates zkSync: ‘Natural evolution’ of scaling solutions
Cross-chain DeFi platform Symbiosis has integrated zkSync to improve transaction speed and reduce fees on its automated market-making protocol. Go to Source Powered by WPeMatico
‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO
Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber, the defi ecosystem will succeed in getting more traditional financial institutions on board once “a substantial amount of liquidity … Read more
PancakeSwap changes its recipe with the launch of Version 3
PancakeSwap has released version 3 of its BNB Chain, Aptos and Ethereum-based DeFi platform, touting improved performance and lower fees. Go to Source Powered by WPeMatico
FTX and Alameda Research Collapse Sad Event but ‘Good for the Long Run’ Says DWF Labs Managing Partner
While the collapse of the crypto exchange FTX and its affiliate Alameda Research is thought to have left many crypto players, including market makers, in the worst possible position, according to Andrei Grachev, managing partner at DWF Labs, this incident may have helped to “flush out companies that were not sustainable enough to operate during … Read more
DeFi auditor nets $40,000 for identifying Uniswap vulnerability
A security firm flagged a now-fixed vulnerability to Uniswap, highlighting the potential for reentrancy attacks on the protocol’s Universal Router smart contract. Go to Source Powered by WPeMatico
Trader Joe takes its first step into the Ethereum ecosystem
Despite the new multi-chain vision, the Trader Joe team confirmed that its “true home” and “top priority for all growth efforts” will continue to be on Avalanche. Go to Source Powered by WPeMatico
