For the second month in a row, Coinbase‘s trading volume was lower than that of Uniswap, a decentralized cryptocurrency exchange. Uniswap’s spot market volume reached $71.6 billion in March, 45 percent greater than Coinbase’s. March was the highest volume month on the decentralized exchange since January 2022. Despite Coinbase’s volume
PancakeSwap, a decentralized finance (DeFi) protocol, has released version 3 of its automated market maker platform on BNB Chain and Ethereum, which brings with it increased speed and decreased costs. Liquidity providers will now be able to deploy capital at more granular pricing points, which will increase capital efficiency. Given
Allbridge has given the hacker who was responsible for a $573,000 vulnerability on its multichain token bridge an opportunity to reveal themselves as white hats and collect a reward. A person posing as a liquidity provider and swapper drained the pool of $282,889 in Binance USD (BUSD) and $290,868 worth
On March 28, the DeFi project SafeMoon announced on Twitter that a hacker had gained access to the project’s liquidity pool (LP). SafeMoon has stated it is taking action to rectify the situation as quickly as possible but has not provided any other specifics regarding the assault. Several famous people
AllianceBlock, a supplier of end-to-end decentralized financial solutions, today announced a collaboration with Crunchbase, a prospecting tool that uses industry-leading proprietary data. Crunchbase will enter the decentralized world with this agreement by making its vast collection of priceless data accessible to users of AllianceBlock’s Data Tunnel. Data Tunnel is intended
The bulk of the funds stolen from the decentralized finance (DeFi) platform Euler Finance in March 2023 seems to have been returned to the platform. Even if part of the funds are still with the exploiter, the Euler hacker reportedly surrendered as much as 51,000 ETH on Saturday. On or
Fluidity Money, a “spend-to-earn” decentralized finance (DeFi) protocol, has partnered with Request Finance, an enterprise crypto payments app, to develop a cashback program. Regarding the Program Businesses may reward cryptocurrency-paying consumers via the cashback scheme. When businesses accept cryptocurrency payments, they also can benefit from cashback benefits. Both the sender
Despite the fact that the refund may not be fast in all situations, the courts have declared that Celsius consumers are entitled to up to 72.5% of their deposited crypto back according to a historic ruling by Justice Martin Glenn. Customers with Custodial accounts would be the only ones eligible
What is DexCoyote DexCoyote.com, a decentralized launchpad delivering services like Initial Dex Offering (IDO), and achieving miracles in this decentralized environment. DexCoyote was registered as a legal entity in the state of Delaware. The platform allows users to create their own cryptocurrency token in several networks, for example, Binance Smart
The DeFi ecosystem has once again become a haven for hackers, as lending protocol, Euler Finance was recently hit by a flash loan assault that resulted in a net loss of approximately $19 million. This was the largest heist of 2023 to date. Since the largest decentralized finance (DeFi) theft
