“In the end, ultimately, I failed to deliver because of my compounding failures and will incorporate this knowledge into my next project,” said Delong. On Friday, Joseph Delong, former chief technology officer of decentralized exchange, or DEX, SushiSwap, published a brief reflection of experiences during his tenure. Delong unilaterally resigned two days prior, citing internal…
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The Solana blockchain has reportedly suffered another DDoS attack that temporarily clogged the network, however the network appeared to remain online. Solana’s blockchain performance was reportedly hit by a distributed denial of service (DDoS) attack over the past 24 hours, however the network appears to have remained online throughout. A DDoS attack generally refers to…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Polygon Makes USD 400M Bet On Ethereum Scaling, Pepsi Goes NFT + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Decentralized exchange (DEX) dYdX was down for 9 hours Monday afternoon to Tuesday morning, due to a major outage that hit Amazon’s cloud-service network Amazon Web Services (AWS), once again stirring up debates about decentralization. Some commenters have questioned whether a decentralized protocol that relies on services from a centralized corporation is really decentralized….…
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Major centralized crypto exchange BitMart, which fell victim to a hack over the weekend and lost approximately USD 200m worth of digital assets, intends to compensate affected users and resume its operations…. Read More: Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss Read more »Pay, Trade, Buy Bitcoin with Credit Card
More and more traders are turning to DEX aggregators to seek out the best rates for token swaps. Trading volumes on popular decentralized exchange (DEX) aggregators have surged to new highs over the past few weeks. Decentralized exchange aggregators provide a way for token traders and swappers to scan several DEX platforms to get the…
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Since mid-November the total value locked (TVL) in decentralized finance (defi) has slid from $257 billion to $250.55 billion and during the last 24 hours it lost a touch more than 5%. Over the last seven days, defi tokens like uniswap, pancakeswap, curve dao token, 1inch and sushi have lost anywhere between 15% to 23.9%…
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The Cardano network’s native token ADA rose in the market today ahead of an expected testnet launch for one of the blockchain’s first decentralized exchanges (DEXs), SundaeSwap, this weekend. At 11:00 UTC on Friday, ADA was up by 4.8% over the past 24 hours to a price of USD 1.66, making it today’s best…
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The decentralized autonomous organization (DAO) called Badgerdao has disclosed that it has “received reports of unauthorized withdrawals of user funds.” The analytics team Peckshield estimates that over $120 million was siphoned in the Badgerdao breach. Badgerdao Suffers $120 Million Exploit — Engineers Pause Smart Contracts According to the official Badgerdao Twitter account, the team has…
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Strong fundamentals and the steady growth of the Polygon network are just a few of the factors behind MATIC’s recent rally above $2.00. Layer-two (L2) solutions for the Ethereum network have become a popular topic of discussion and speculation on their associated tokens backed the massive rally seen in many of the protocols this year.…
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