KyberSwap User Swaps 2 Million USD But Only Received 0.05 USD In Return Important Information: * A user of KyberSwap traded 2 million USD tokens for just 0.05 USDT. * Customers who choose a novel method of converting assets without putting in place slippage controls and KyberSwap when traversing transactions to a “pool” die “are…
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Changes Proposed By MakerDAO To Guard Users Against Centralized Stablecoin Crisis Key Ideas In order to reduce exposure to potentially impaired stablecoins and risky collaterals while maintaining DAI stablecoin liquidity, MakerDAO has proposed changes. Stablecoins with significant exposure to at-risk institutions are impacted by the banking industry crisis brought on by the failure of…
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Key Points: 82 million USDC are transferred to DAI by Justin Sun’s address from Aave V2. The stablecoin’s price has dropped below $0.95 USD, marking the lowest level since it was launched in 2018. On March 11, a fresh transaction using USDC was discovered on the Justin Sun address, according to Paidun’s monitoring data. …
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Circle urged the continuation of SVB in the US economy along with other clients and depositors. On March 10, USD Coin USDC and a blockchain payment technology company tickers $0.89 down Issuers Circle confirmed that $3.3 billion of its $40 billion USDC reserves are still held at Silicon Valley Bank (SVB) as a result of…
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Key Ideas Mirror has introduced Subscribe to Mint, a tool that enables creators to grow passionate followings for their work. Collectors can interact with a creator by subscribing to their publication, minting their own NFTs, or both. A new feature called Subscribe to Mint has been made available by Mirror, a web3-native publishing platform, to…
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Over the years, US law enforcement agencies have seized thousands of BTC from the Silk Road, and a sizeable portion of it has occasionally been put up for auction. Over 50,000 Bitcoin worth $1 billion were transferred to new addresses from various wallets linked to law enforcement seizures made by the US government, some of…
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Despite the market for cryptocurrencies continuing to be highly volatile over the past few years, institutional and retail investors have continued to pour money into the industry. Despite several scandals shaking the industry over the past year, interest in the sector as a whole is still high. Both Dogecoin and Bitcoin, which continue to be…
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Decentralized exchanges and apps created on the scalable blockchain have received more attention in light of Solana’s recent rise to become one of the top seven cryptocurrencies by market size. In the Solana ecosystem at the time of writing, 350 projects were active. One of these sites that is particularly well-known is Raydium. So let’s…
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A well-known decentralized bitcoin exchange with gamification features and a number of revenue streams is PancakeSwap. On the platform, there are hundreds of tokens, yield farming, liquidity pools, lotteries, and other features. This PancakeSwap review will discuss the tokens, functionality, and price structure of the DEX. Overview Overview Comparable DEXs built on Ethereum (ETH),…
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Disclaimer: The Industry Talk section does not constitute editorial content on Godleak.net and contains opinions from people involved in the cryptocurrency industry. To save investors time, we have carefully examined the most promising crypto projects available. As a result, the top new crypto coins to invest in for 2023 are reviewed and ranked on this…
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