Some UniCats users saw their entire token balances drained due to a malicious contract. Yield farmers looking for a quick profit were recently taken in by a dubious DeFi protocol called UniCats — a yield farming scheme reminiscent of other, more famous protocols like SushiSwap or Yam Finance. According to ZenGo researcher Alex Manuskin, at […]
Continue Reading
Is it time to find another name for this phenomenon? Alexis Direr, a researcher at the University of Orleans in France, has released a paper summarizing the mathematical underpinnings of Uniswap and other exchanges based on Automated Market Makers. Automated Market Maker is the term for a class of decentralized exchange that reached significant popularity […]
Continue Reading
Why we need regulatory frameworks in the crypto space, with a focus on regulating the financial aspects of cryptocurrency-based operations. When Malta set out to provide a regulatory framework for the cryptocurrency sector, policymakers and advisers recognized how blockchain, distributed ledger technology and smart contracts, as well as related technologies, imposed new challenges to providing […]
Continue Reading
The recent crypto market crash has wreaked havoc on DeFi tokens, with with 95% of DeFi assets posting a seven-day loss The decentralized finance (DeFi) bubble appears to have popped for the time being, with half a dozen top DeFi tokens shedding half of their fiat value over the past seven days. According to crypto […]
Continue Reading
Decentralized finance has taken the crypto world by storm, reshaping the space. Blockchain technology is disrupting every sector of the global economy with its limitless opportunities and innovative products. Decentralized finance is one of the sectors that has been trying to shake the traditional financial ecosystem. The multitude of DeFi applications emerging all over the […]
Continue Reading
Decentralized exchanges such as Uniswap have now become popular thanks to automated market makers, but what does it all mean? What are the risks and limitations of AMMs? Bugs, improper pricing and impermanent loss Despite some positive qualities, AMMs present certain risks and limitations. Hacks and vulnerabilities have already affected exchanges such as Uniswap and […]
Continue Reading
Defining the concept of offline staking, what benefits and risk it poses, and how it could transform the user experience. Are there any examples of projects offering offline staking? Unfortunately, it’s still the case that most staking, whether directly under a pure proof-of-stake model or indirectly using a delegated proof-of-stake consensus, is online. This usually […]
Continue Reading
Do major crypto exchanges act in their best interest rather than respecting community-based project guidelines? The billion-dollar cryptocurrency space is no stranger to hype, as it is considered a factor that increases crypto prices. While this may be, hype generated from major centralized crypto exchanges may actually be creating more harm than good for users […]
Continue Reading
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest will help you track every single important news story that happened this week. Top Stories This Week Bitcoin bulls stampede toward $12,000 as Ether hits a […]
Continue Reading
The growth of decentralized exchanges in 2020 has been phenomenal, but there is a hard ceiling with current technology. Decentralized exchanges, also known as DEXs, have risen significantly in popularity since the start of 2020, with both their user bases and volumes growing at an accelerating pace. The sector is currently being driven by so-called […]
Continue Reading