Arbitrum’s weekly DEX volume touches new ATH

Arbitrum’s decentralized exchange (DEX) transactions volume rose to a new all-time high (ATH) in each of the last two weeks, according to DeFillama data. Over the past seven days, DEX transactions increased 32.41% to $4.34 billion. For the week starting March 5, transaction volume on Arbitrum had surged to $3.28 billion. Arbitrum’s Weekly DEX Volume…

NFT market manipulation? CryptoSlam claims suspicious activity on Blur

Despite its recent success, the journey for Blur to become the biggest NFT marketplace is far from over, and evaluating its current and future success is a complex matter. NFT marketplaces are currently embroiled in fierce competition for customers, with companies lowering their fees and royalties to entice and keep users. This competition has resulted…

After Apple App store snub, Uniswap trickling out mobile app rollout via Twitter

Ad Uniswap Labs is encountering hurdles with Apple’s App Store over the release of its mobile wallet, even though its initial version was authorized in October. 1/ Introducing the Uniswap mobile wallet 🦄✨ A completely self-custodial, open-sourced mobile app from the most trusted name in DeFi. Now available as a limited early release – through…

Uniswap BNB deployment passes with 66% yes votes despite a16z rejection

Ad The proposal to deploy Uniswap V3 (UNI) to BNB Chain (BNB) was accepted by 65.89% yes votes on Feb. 10, even though Andreessen Horowitz (a16z) used 15 million votes to oppose it on Feb. 6. The results show that 65.89% agreed with the deployment, 33.57% voted against it, and another 0.53% abstained. ConsenSys, Compound…

CoW Swap said it suffered no loss – despite $166k exploit

Decentralized exchange (DEX) protocol CoW Swap confirmed that it was exploited for $166,000 by a hacker who drained a settlement contract containing its protocol fees. Meanwhile, blockchain analytical firm Nansen reported that the exploiter stole roughly $180,000 — the funds were consolidated in two wallets containing at least $123,000 DAI, $50,000 BNB and $7,400 ETH. The…

Squid brings native cross-chain swaps to 25 blockchains

Squid, a cross-chain routing protocol powered by Axelar, has closed a $3.5 million seed round to build native-to-native cross-chain token swaps. The protocol will allow developers on 25 chains to swap tokens across blockchains natively. Axelar, the blockchain messaging network, supported the raise as a “strategic investment.” A Squid announcement said, “There are so many…

Sudden rise in Canto gives some investors pause

Some online are speculating that the rise in Canto price could be attributed to a spike in the volume of Note — the quasi-stablecoin issued by Canto and pegged to USDT/USDC. Recently, some Twitter users have started to speculate that the Layer-1 decentralized token could eventually face downward pressure due to its connection to Note,…

SushiSwap receives approval to clawback 6.2M SUSHI to Treasury

Members of the Sushi DAO have passed a proposal seeking to retrieve about 6.2 million SUSHI tokens to the Treasury, from early liquidity providers who are yet to claim their rewards. Back in 2020 when SushiSwap was launched, it rewarded early liquidity providers (LPs) with SUSHI tokens that were locked and vested over the period…

Raydium exploiter moves $2.7M to Tornado Cash

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