Week in DeFi: Multichain Woes, the Future of Synthetix and Penumbra’s New DEX
Bridging platform Multichain suffers downtime as TradFi rates arrive on Avalanche — find out about these and more in our weekly DeFi roundup.
Uniswap holders propose ditching Ethereum for BNB Chain to deploy v3 protocol
80% of UNI holders voted to support the deployment of the Uniswap protocol’s v3 to BNB Chain, while the remaining voters voted against the move.
Traders flocking back to centralized exchanges amid bitcoin rally
Trading activity is shifting back to centralized exchanges and away from decentralized ones amid an ETF-sparked bitcoin rally.
Canto DEX Trading Volume Soars 200% Ahead of Proposals to Upgrade Network
The price of Canto's token has tripled since Jan. 1.
Coinbase's market cap relative to Uniswap surges
Coinbase's market cap relative to popular DEX uniswap has surged.
Cardano DEXs Will Support Djed Stablecoin Liquidity Pools Starting Next Week
The issuance of Djed’s overcollateralized stablecoin has been a much-hyped topic in the Cardano community.
$3M worth of customer funds swiped via alleged Swaprum DEX rug pull
Promptly after the funds went missing, Swaprum’s Twitter, Telegram and GitHub accounts were all deleted; however, its website is still up.
Cardano DEX SundaeSwap Floats First On-Chain Governance Proposal
The proposal determines the terms, conditions and parameters of future proposals if passed by token holders.
Uniswap Wants to Launch Crypto Wallet App, but Apple Says Not So Fast
The company behind the top decentralized exchange said Apple is standing in the way of the offering.
Crypto’s Unfulfilled Dreams Get a Tailwind From U.S. Crackdown on Binance, Coinbase
The crypto revolution was supposed to make finance more decentralized, but much of the industry is centralized. Regulatory pressure could change that.
What is SmarDex? The DeFi Disruptor Poised to Take Over the DEX Market
SmarDex is a new DEX that uses fictive reserves and a smart calculation system to automatically determine which token is rising faster.
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Cathie Wood’s ARK reportedly ‘first in line’ for a spot Bitcoin ETF
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
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Dogecoin Whales Fill Up Their Bags As Price Rallies – How Much DOGE Did They Buy?
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
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Solana Surging Ahead Of Ethereum In This Particular Metric
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
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DOGE Day Afternoon: Open Interest Breaks $2 Billion, Setting New Records
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
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12-Year Bitcoin Slumber Ends: Whales Signal Stormy Seas Ahead
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
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Tornado Cash Co-Founder Seeks To Dismiss Charges – Details
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
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Prisma Finance Hacker Continues On-Chain Tirade Following $11 Million Heist
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
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Bybit’s MVP license in Dubai ‘very restricted,’ CEO says
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
