Tokenizing money is the ‘greatest innovation’ after fiat — Tether co-founder
Stablecoins like Tether do not offer interest yields right now, but with tokenized fiat, that could be possible one day, co-founder William Quigley said.This post was originally published on this site
LayerZero cross-chain interoperability protocol completes first airdrop snapshot
LayerZero’s ZRO perpetual futures contract is trading at $8.6 on Hyperliquid, the world’s largest perps DEX, suggesting a potential $17 billion fully diluted valuation.This post was originally published on this site
Former Security Engineer Sentenced to Three Years for Hacking Two Decentralized Exchanges
A former security engineer, who stole digital assets valued at more than $12 million from two decentralized exchanges, has received a three-year prison sentence. In what has been characterized as the “first-ever” conviction for a smart contract hack, the U.S. Judge also ordered the ex-engineer to forfeit roughly $12.3 million. Ex-Engineer Sentenced to Three Years […]
Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth
Magnate Finance first deleted its Telegram channel and X account followed by taking down the website before pulling the plug on its TVL.This post was originally published on this site
Base’s largest DEX LeetSwap halts trading amid exploit concerns
Some analysts have provided possible ways the exchange was exploited and pinned potential initial losses at over $600,000.This post was originally published on this site
Centralized exchanges will become gateways for DeFi: dXdY Foundation CEO Charles d’Haussy
CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dXdY. This post was originally published on this site
Uniswap releases version 4 code, allowing for new types of liquidity pools
The new version features “hooks” that will allow for more customized options, but it will not be implemented until more feedback is obtained from the community.This post was originally published on this site
Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges
DEXes are not securities exchanges argues crypto venture firm Paradigm. This post was originally published on this site
Atlanta Fed explains Web3 finance, including XRP ‘international payment medium’
The highly accessible introductory text mentions all the concepts and names a curious reader would need, along with some assessments.This post was originally published on this site
Arbitrum’s Chronos reaches $217M TVL with staking, becomes 8th largest DEX
Chronos set a new TVL milestone just seven days after its launch on the Arbitrum blockchain as DEXs draw traders amid regulatory uncertainty in the United States. This post was originally published on this site