DEX News

Changpeng 'CZ' Zhao believes the crypto industry needs more decentralized exchanges (DEXs).

During the period, the total value of assets locked on Arbitrum rose by over 20% and the layer2 solution saw a steady inflow of stablecoins.

The decentralized exchange promised users in a GM tweet access to an early version of its mobile wallet app.

Based on on-chain data, the Arbi rug pullers stole roughly 84 ETH from the project and already moved it to Tornado Cash. 

Launch Zone has halted trading and transferring of its native token LZ until further notice after hack drains 80% of the liquidity pool.

The proposal to deploy UniswapV3 to BNB Chain was accepted with 66% on Feb. 10, even though Andreessen Horowitz used 15M votes to oppose it.

CoW Swap said an external party that had access to its settlement contract had set approval to a "bad contract" 10 days ago. 

A16z said it does not believe Wormhole offers the most secure bridging option for Uniswap, citing its network vulnerabilities.

Axelar powered protocol, Squid, raised $3.5M to bring cross-chain swaps to EVM and Cosmos ecosystems

Flaremetrics has urged delegates on OracleSwap to revoke access and change to other FTSO providers after the validator's private keys were compromised.

Stablecoin FUD leads some to suggest Note may be unhealthy.

Early Sushi liquidity providers have until April 23 to claim their SUSHI rewards or forfeit them to the Treasury.

Blockchain security firm Certik flagged that a wallet linked to the Raydium exploiter has moved about 1,774.5 ETH to Tornado Cash, according to a tweet on Jan. 19.

Head Chef Jared Grey said that by properly executing its vision, SushiSwap intends to increase its market share by 10x in 2023.

The hacker sent 12 batches of 100 ETH to Tornado Cash, bringing the total transferred assets to 1,200 ETH — approximately $1.57 million.

Under the new tokenomics model, SushiSwap will introduce token burn, time-lock tiers, and stop revenue sharing with non-liquidity providers.

The latest iteration of the popular DEX was the largest gaz guzzler on Ethereum, using up over 2.8 million gas in 2022.

Over 80% of SushiSwap's $5.2 million budget was allocated to salaries, with its top contributors earning up to $500,000 annually.