Category: DeFi & DApps
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PancakeSwap Surpasses Tether with $24.6M Fees Amid Downturn
PancakeSwap generated $24.6M in fees, surpassing Tether and USDC, driven by high AB token trading volume. The DEX introduced cross-chain swaps and maintains a $1.75B TVL.
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Meta Pool hit with $27M exploit, but attacker flees with only $132K
Meta Pool suffered a $27M exploit but the attacker only stole $132K due to low liquidity and quick contract pausing by the platform’s early detection systems.
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Meta Pool hit with $27M exploit, but attacker flees with only $132K
Meta Pool suffered a $27M exploit, but the attacker only stole $132K due to low liquidity and a paused smart contract. The hacker minted mpETH tokens but couldn’t cash out fully. A recovery plan is pending.
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Meta Pool hit with $27M exploit, but attacker flees with only $132K
Meta Pool suffered a $27M exploit, but the attacker only stole $132K due to low liquidity and a paused smart contract. The hacker minted mpETH tokens but couldn’t cash out fully. A recovery plan is pending.
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Cycles eyes sustainable crypto credit after 2022 liquidity crisis
Cycles aims to create sustainable crypto credit markets post-2022 liquidity crisis with its decentralized clearing protocol, Cycles Prime, targeting institutional traders.
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Kraken’s L2 network rolls out native INK token to power protocol incentives, allocation
Kraken’s Ethereum L2 network Ink will mint 1 billion INK tokens to fund liquidity, with airdrop details post-audit. Tokens won’t govern the rollup but will allocate protocol incentives.
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Hacker – Proven Dex Goes Mainstream: Unstoppable Wallet Integrates THORChain for Censorship-Proof Swaps as Community Debates Ethics! News ETHNews
Unstoppable Wallet integrates THORChain DEX for cross-chain swaps, enabling censorship-resistant trades. THORChain faced controversy after facilitating $1B in stolen ETH swaps, sparking debates on decentralization ethics.
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Solana Foundation, Bitget Wallet join Ondo Finance’s ‘market alliance’
Ondo Finance forms Global Markets Alliance with Solana Foundation, Bitget Wallet, and others to promote onchain financial assets and tokenized stocks, aiming to enhance interoperability and adoption.
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Kraken-backed layer 2 Ink to launch $INK token
Kraken-backed layer 2 blockchain Ink plans to launch the $INK token with a fixed supply of 1 billion to support DeFi and onchain capital markets on the Optimism Superchain.
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a16z Invests $70 Million in EigenLayer, EigenCloud Revealed
a16z invests $70M in EigenLayer’s EIGEN tokens, supporting EigenCloud, a new developer platform aiming to merge blockchain benefits with cloud-grade power for applications.
