Fantom Developers Introduce Monetization Program for Cryptocurrency Projects

Fantom developers said that cryptocurrency projects that use this blockchain and contribute to high fees will now receive 15% of the transaction fee. Fantom-based projects will need to submit a special application for additional monetization. The developers stressed th ...

Fantom Foundation Temporarily Withdraws from SushiSwap Liquidity Pools Over Multichain Security Concerns

Director of Fantom Foundation announced that the fund has temporarily withdrawn from liquidity pools on SushiSwap due to security concerns with the Multichain Bridge. Andre Cronje stated that "if something negative does happen, it will affect USDC, DAI and wBTC issued in ...

Swaprum DEX Withdraws Liquidity and Disappears: Security Breach Revealed

PeckShield Network Observer reports that decentralized exchange Swaprum DEX has zeroed out liquidity pools and removed social media accounts. According to Arbitrum network analysis, the Swaprum Decentralized Exchange team has withdrawn all customer deposits totaling 1,628 ...

Decentralized Exchange Merlin Hacked for $1.82 Million on zkSync Solution

Hackers have successfully breached Merlin, a decentralized exchange operating on the zkSync solution, and have made off with $1.82 million worth of assets. The stolen funds were then transferred to USDC and moved from the zkSync network to the Ethereum main network. The crypto community has ap ...

dYdX Limits Access for Canadian Users Due to Local Regulatory Requirements

dYdX, a well-known decentralized exchange, has recently announced that it will be imposing limitations on its platform for Canadian users. The announcement stated that users from Canada will have a week to exit the market as the exchange will be discontinuing various staking programs and liquidit ...