DEX – Page 7 – Ƀitsell X

Today in Crypto: Ex-investment Banker Charged in a Crypto Fraud Case, Binance.US to Delist Tron, Spain to Send 328,000 Tax Warning Notices to Crypto Holders

April 13, 2023

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: Today in Crypto: Ex-investment Banker Charged in a Crypto Fraud Case, Binance.US to Delist Tron, Spain to Send 328,000 Tax Warning Notices to Crypto Holders Read more »Sign up for e-EUR…
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Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered

April 10, 2023

According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap’s smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple blockchains.” Dex Platform Sushiswap Suffers From Smart Contract Exploit Over the weekend, the dex…
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SushiSwap approval bug leads to $3.3 million exploit

April 9, 2023

Only users who have traded on the decentralized exchange in the last four days are apparently affected. A bug on a smart contract on the decentralized finance (DeFi) protocol SushiSwap led to over $3 million in losses in the early hours of April 9, according to several security reports on Twitter. Blockchain security companies Certik…
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Dfinity Foundation Launches Chain-Key Bitcoin, a Native Internet Computer BTC Derivative Token

April 3, 2023

On April 3, 2023, the Dfinity Foundation, a development team behind the Internet Computer (ICP) network, announced the launch of a native ICP token called “chain-key bitcoin” or “ckBTC.” The bitcoin derivative is backed 1:1 with the leading cryptocurrency asset. On Monday, Dfinity detailed that the technology “builds on the protocol-level integration with the Bitcoin…
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Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March

April 2, 2023

The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit monthly gains. After the…
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Uniswap v3 code free to fork as BSL expires

April 2, 2023

The license expiration marks a significant event within the DeFi ecosystem, as it enables developers to deploy their own decentralized exchange (DEX). Developers are now allowed to fork Uniswap v3 protocol as its Business Source License (BSL) expired on April 1, shows the protocol documentation. The expiration was a much-anticipated event within the DeFi ecosystem,…
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Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash

March 17, 2023

The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to funds during crises. The collapse of Silicon Valley Bank saw investors loading their bags with USD Coin (USDC), along with an exodus of funds from centralized exchanges (CEXs) to decentralized exchanges (DEXs). Outflows from centralized exchanges…
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USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident

March 12, 2023

On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades over the past day, with more than 55% of those swaps involving USDC against wrapped ether,…
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Today in Crypto: ByBit Announces Card, PancakeSwap to Launch V3 on BNB Chain, Egypt Arrests 29 Scammers, Pakistan Banks’ Association to Develop a Blockchain-based KYC Platform

March 6, 2023

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: Today in Crypto: ByBit Announces Card, PancakeSwap to Launch V3 on BNB Chain, Egypt Arrests 29 Scammers, Pakistan Banks’ Association to Develop a Blockchain-based KYC Platform Read more »Sign…
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Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko

March 6, 2023

“NFTfi,” on-chain derivative platforms, decentralized stablecoins and Ethereum L2s are four investment opportunities being looked at closely by one crypto investment firm. Digital asset investment firms poured $2.7 billion into decentralized finance projects in 2022, up 190% from 2021, while investments into centralized finance projects went the other way — falling 73% to $4.3 billion…
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Category: DEX