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Transit Swap loses over $21M due to internal bug hack, issues apology
2.10.2022
“We are deeply sorry,” stated Transit Swap while revealing that a bug in the code allowed a hacker to make away with an estimated $21 million
OKC Announces IBC Transfers, OKC Bridge, and OKC Swap to Boost Interoperability
15.9.2022
OKC looks forward to adopting a multi-chain approach while enabling seamless cross-chain transactions. The objective is to boost interoperability, and for the same purpose, the platform has announced three new features, namely IBC Transfers, OKC Bridge, and OKC Swap. Projects are already being...
Lawyer of Alleged Crypto Launderer Vinnik Calls on Russia to Talk Prisoner Swap With US
7.9.2022
A lawyer representing Russian IT specialist Alexander Vinnik has urged the government in Moscow to discuss a potential exchange of prisoners with the United States, where he was recently extradited. The French legal expert is convinced only a return to his homeland could save Vinnik who...
First Mover Asia: Binance’s USDC Swap-Out Isn’t What You Think it Is; What's Behind Bitcoin's Late Dive?
7.9.2022
The exchange is hoping to generate one big pool for USD stablecoins to be used for trading and powered by Binance’s USD stablecoin; bitcoin drops below $19K
Basketball star for a crypto launderer? Alexander Vinnik's lawyers considers prisoner swap: Report
6.9.2022
Though political tensions may be high between the U.S. and Russia, authorities still negotiated a prisoner swap of Trevor Reed for drug smuggler Konstantin Yaroshenko in April
Lawyer For Alleged Russian Crypto Launderer Seeks Prisoner Swap With U.S.
6.9.2022
As the relations between the U.S. and Russia remain stringent due to the latter country’s invasion of Ukraine, a lawyer for a Russian citizen accused of laundering more than USD 4bn worth of crypto has called on the Kremlin to facilitate a prisoner exchange involving his client with...
California Man Must Pay $61K in Restitution for SIM Swap Scam That Stole One Victim's Crypto
11.8.2022
The swindle defrauded Apple and targeted at least 40 people
L2 Scaling Solution Arbitrum Schedules Nitro Rollup Stack Upgrade for August 31
7.8.2022
On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade called Nitro in 25 days. The highly anticipated Nitro migration will take place on August 31, exactly one year after Offchain Labs, the Arbitrum project maintainers...
Ethereum Classic Climbs 124% in 2 Weeks, Hashrate Spikes, KRW Captures 20% of ETC’s Trade Volume
28.7.2022
Roughly six years ago in July 2016, an Ethereum hard fork was used to address the infamous DAO hack. This specific fork saw the chain split into two factions, and a new crypto asset called ethereum classic was introduced to the crypto community. For years now both chains have co-existed using...
Ghana Ranked as Country With Second-Highest Debt Default Risk Globally
21.7.2022
According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,470), El Salvador (3,376), and Ethiopia (3,035) have a credit default swap spread that is higher...
Gate.io Suspends SWINGBY Trading to Support ERC20 Swap
22.6.2022
Through its official Twitter handle, Gate.io announced its support for Swingby Protocol. The exchange will begin suspending all deposits and tradings for SWINGBY from June 22 in preparation for the swap. The platform will have entirely removed the support for SWINGBY BEP9 tokens by June 30. Swingby...
Leonicorn Swap Launches DEX Aggregators on Kucoin Community Chain
21.6.2022
Leonicorn Swap recently announced joining the Kucoin Community Chain. The partnership will see Leonicorn Swap releasing its multi-chain decentralized exchange aggregators on the platform. In addition, it will enable Kucoin users to access its next-gen dividend system. With the LEOS token, users...
Coinbase offers 'thousands of tokens' in expanded swap service
24.5.2022
Coinbase has added BNB Chain and Avalanche to its list of supported networks for the Coinbase Wallet which will give traders far greater access to tokens that are not listed on the Coinbase exchange
Tether to move over 1B USDT from Tron to Ethereum and Avalanche
12.5.2022
One billion USDT will be transferred to the Ethereum blockchain, while another 20 million USDT will go to Avalanche
Transit Swap Integrating with Swappi to Stake Assets
11.5.2022
Transit recently announced its integration with Swappi, the well-known DEX on Conflux. Transit Swap users can swap crypto without any account or registration with the integration. In addition, they can earn, swap, and stake assets for income generation. There are two primary reasons behind...
Uniswap Launches Swap Widget — Devs Can Embed the Dex With ‘One Line of Code’
15.4.2022
On Thursday, Uniswap Labs, the company behind the popular decentralized finance (defi) protocol, Uniswap, launched a tool called the Swap Widget. Essentially, the widget allows developers and decentralized app (dapp) operators to embed the Uniswap decentralized exchange (dex) app with “one...
Crypto Providers Would Have to Swap Transaction Details Under OECD Tax-Dodging Proposal
22.3.2022
Details of overseas crypto holdings would be shared with home tax authorities under the planned extension of rules intended to bust financial secrecy
Ardana to Introduce Ardana Swap for dUSD
21.3.2022
Ardana, a decentralized stablecoin hub that introduces dUSD, a stable coin pegged along with the US dollar, to the Cardano blockchain, allows for increased liquidity. Ardana will also launch Ardana-swap, a decentralized exchange designed to offer complete liquidity for dUSD and other stable coins...
Finance Redefined: Uniswap builds token-swap feature for Ukraine, LUNA surpasses Ether, and more
4.3.2022
In this week's newsletter, we will explore some of the key developments from the DeFi space that had an impact on the Ukraine donations and look at some of the trendsetters in our industry
Uniswap builds interface to swap altcoins into ETH donations for the Ukrainian people
1.3.2022
“We built this interface so anyone who wants to donate but holds other ERC-20 tokens can do so with one click,” said the Uniswap team