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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
Yield-bearing stablecoins are far more likely to be classed as security products in many countries and would restrict customer reach, argues the son of Jan van Eck. Go to Source
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. Go to Source Powered by WPeMatico
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
Cryptocurrency scam sites are being targeted by other scammers to hijack their traffic and their possible earnings. A recently detected threat actor, named Water Labbu, is manipulating the users that are drawn to these sites as a source of revenue, injecting a malicious script as a tool for interacting with the wallet that, depending on … Read more
A recent study of Uniswap v3 pools revealed that on average, almost half of the liquidity providers are losing money due to impermanent losses. Go to Source Powered by WPeMatico
The Kyber Network is set to float a $30 million liquidity mining program on both Ethereum and Polygon pools. Go to Source Powered by WPeMatico
Switzerland-based 21shares announced it’s going to offer its crypto exchange-traded product (ETP) to institutional investors in Britain. The platform said the aim is to provide U.K. investors with exposure to bitcoin without the need to deal with crypto custody and security. New Bitcoin ETP to Be Offered on London-Based Aquis Exchange The 21shares bitcoin ETP … Read more
