In crypto’s latest infrastructure race, blockchains are competing to host perpetual futures exchanges. Many are now launching or incubating decentralized derivatives markets themselves, even as centralized platforms continue to dominate. Derivatives make up most of […]
A crypto user has lost millions during a crypto swap on the decentralized finance protocol Aave, with a Maximal Extractable Value, or MEV, bot also front-running the transaction to make almost $10 million. A recently […]
Despite clear warnings, a trader confirmed a massive $50M swap and received just 324 Aave tokens A user attempted to purchase the AAVE token with $50 million worth of Tether through the Aave interface on […]
Tether’s investment arm has invested in Ark Labs, the developer of the programmable Bitcoin infrastructure Arkade, as part of a $5.2 million funding round to expand stablecoin capabilities on the Bitcoin network. According to Thursday’s […]
Nonfungible token platform Gondi said it has disabled the faulty smart contract that allowed a hacker to steal $230,000 worth of NFTs from the protocol, adding it is now in the process of compensating affected […]
Bitcoin staking infrastructure developer Babylon Labs has integrated with Ledger, a cryptocurrency hardware wallet maker, in a move that could make it easier for holders to put their Bitcoin (BTC) to work in financial applications […]
The Flow Foundation and its parent company Dapper Labs filed a motion with the Seoul Central District Court on Monday seeking to block the planned delisting of the FLOW token from three South Korean exchanges. […]
Bitcoin and the leading cryptocurrencies staged a recovery this week following initial shockwaves from the outbreak of the US-Israel conflict with Iran. Bitcoin (BTC) initially fell to $63,245 on Sunday, before briefly recovering to $73,000 […]
The team behind the Curve Finance decentralized finance (DeFi) platform accused the PancakeSwap decentralized exchange (DEX) of using its code without the proper licensing. The code is tied to the “StableSwap” feature used for swapping […]
PEI Licensing, the firm behind the clothing brand Original Penguin, has filed a lawsuit against the nonfungible token project Pudgy Penguins, alleging trademark infringement, dilution and unfair competition. The lawsuit, filed Wednesday in a Florida […]
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