SushiSwap replaces DAO with ‘Labs,’ introduces multitoken ecosystem
SushiSwap is now managed by Sushi Labs, an autonomous company that will operate under a council structure similar to Synthetix. Go to Source
decentralized exchange
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PancakeSwap integrates Zyfi for gas-free DeFi trading
The simplified trading experience could help PancakeSwap attract a larger market share from centralized exchanges. Go to Source
Hulk Hogan’s X Posts Vanish After HULK Meme Token’s Sharp Rise and Fall
A new meme token, hulkmania (HULK), has recently entered the dynamic world of meme coins. It appears to have garnered attention from the legendary wrestler Hulk Hogan’s X account, which referenced it on the social media platform. However, the post on the @hulkhogan X account has been deleted, raising the possibility that his account may … Read more
Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses
The decentralized exchange Velocore confirmed a breach on its platform on June 2, during which attackers stole ethereum tokens worth an estimated $6.8 to $10 million. The Velocore team is actively pursuing the hackers and is open to negotiating a settlement. Hackers Exploited Vulnerabilities Within the CPMM Pool Contract The decentralized exchange Velocore on Zksync … Read more
Uniswap Foundation postpones vote on incentives
Users imply that the unnamed VC firm’s actions had revealed its significant influence, which could be seen as a mistake, undermining the decentralized values. Go to Source
Uniswap responds to SEC Wells notice: ‘We are ready to fight’ for DeFi
The company called for supporting U.S. lawmakers in favor of the Financial Innovation and Technology for the 21st Century Act, hinting the bill could nullify the SEC’s case. Go to Source
Binance-backed Magic Square IDO platform to democratize retail investor access
IDO launchpads are becoming a popular way to raise funds for projects, with some IDOs reaching nearly half a billion dollars. Go to Source
Solana-based Cypher developer confesses to gambling away $300K of user funds
The insider’s exploit went unnoticed for months, despite over 36 individual transactions. Go to Source
Equalizer DEX hacker drains funds: Users warned, investigation underway
A hacker has siphoned tokens through a series of unauthorized transactions, leaving the crypto community in shock. Go to Source
Antonio Juliano steps down as CEO of dYdX
The decentralized exchange is now led by Ivo Crnkovic-Rubsamen, a former trader and dYdX chief strategy officer. Go to Source
