liquidity pool tokens
Hedera Mainnet Exploited, Leading to Theft of Liquidity Pool Tokens
Hedera Hashgraph has confirmed a smart contract exploit on its mainnet, resulting in the theft of liquidity pool tokens from decentralized exchanges (DEXs) that use code derived from Uniswap v2 on Ethereum. The suspicious activity was detected when the attacker attempted to move the stolen tokens across the Hashport bridge, leading operators to temporarily pause the bridge. The exact amount of tokens stolen is unknown, and the Hedera team is working on a solution to remove the vulnerability.
DeFi Tokens Surge as Bitcoin and Ethereum Hover Around Support Levels due to the Coinbase Effect
Following Coinbase’s announcement, AAVE, BNT, and SNT tokens all surged, rallying from 10% to 24%.
SushiSwap Receives 130,000 UNI Tokens from Uniswap, Crypto Community Outraged
Decentralized exchange platform Uniswap just launched its own governance token UNI today, and 130,000 UNI tokens were gifted to its hard fork SushiSwap.
eToroX: Leveraging Deep Liquidity and Stablecoins for Institutional Traders
Doron Rosenblum is the Managing Director of eToroX. We were fortunate to meet up with him at the Blockshow Asia 2019, where he discussed the advanced crypto functionalities of eToroX, liquidity, and regulation.
Uniswap Reaches $3 Billion in TVL, Anticipates Community Call to Deliberate Liquidity Mining Rewards
The Uniswap community has set a community meeting to discuss the network’s liquidity mining rewards program, as it is about to end in a week.
Tackling DeFi Scams: Making Pre-sale Ecosystems Safer
Investors are aware that “rug pull” scams have negatively affected the reputation of the DEFI/DEX space in recent times. But liquidity protocols could be an effective solution.
North America To Get Its First Bitcoin Mining Pool to Rival China’s Crypto Mining Dominance
US-based Titan crypto mining software company sets to launch the first Enterprise-Grade Bitcoin Mining Pool in North America.
What Is Balancer?
Released in March 2020, Balancer is an Ethereum-based automated market maker (AMM) that enables users to earn fees by providing liquidity and trading.
SushiSwap (SUSHI) Slashes Rewards and Total Value Locked Takes a Plunge—What Does This Say About LPs?
SushiSwap (SUSHI) recently cut its rewards from 1,000 SUSHI tokens per block for liquidity providers, to 100 SUSHI tokens as of Ethereum block 10850000.
Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding
Binance, the world’s largest crypto exchange by trading volume, has made a tough decision to delist all FTX leveraged tokens, citing that customers did not understand how the tokens work. The exchange intends to shut off withdrawals and deposits for the assets on March 31 at 8 a.m. UTC and to stop trading at 10 a.m. on the same day. The decision has sparked mixed reactions. Some users support the decision while others want the leveraged tokens to remain on the crypto exchange platform.
Ripple Releases One Billion Tokens from Escrow Again, Does This Influence XRP's Price Movement?
Ripple released a total of 1 billion XRP from its Ripple escrow account in two separate transactions of 500 million tokens each. Will XRP price plummet?
DeFi Market Recovers as Sushiswap (SUSHI) Migration Resulted in 225% More in Total Value Locked
Decentralized finance projects recently witnessed its tokens plummet, crashing up to 50%. The DeFi industry has slightly recovered, rebounding 19% today.
KuCoin Hacker Scrambles to Dump Stolen Chainlink Tokens, Crypto Exchanges Collaborate for Clamp Down
The KuCoin hacker has begun dumping his stolen funds, after having made off with over $150 million worth of Bitcoin (BTC), ERC-20 tokens, and Ether (ETH).