So, you want to know a little more about what are Liquidity Pools and how they work in the Defi Market?! In a small resume, Liquidity pools are the foundation of automated revenue-generating platforms. There are probably many other uses for them that have not yet been discovered. Read further to learn more.
Uk Post Office will sell Bitcoins. The purchased vouchers can be exchanged for Btc or Eth on the Swarm platform.
The market is seen as revolutionary by the play-to-earn model, so it is necessary to be cautious of those who are entering this new scenario. We will show you how Blockchain Games work.
The SEC investigation of decentralized exchange Uniswap has began. Uniswap Labs claimed to be committed to complying with laws and regulations. Experts say the investigation is not synonymous with an SEC indictment.
It is now possible to send crypto to a domain name. The Ethereum Name Service (ENS) system is now depoyed and running. DNS domain owners can now import their names for use on the Ethereum network and will not have any additional fee.
NFTs in Social Media is like a zoo a zoo and many user use them as a symbol of social status. The “Zoo” seems to have taken over on Twitter (and social media in general). A cat, a penguin, monkey, or even a lion is on profile logos while nothing guarantees a return on investment by becoming an NFT collector.
Cudos partners with new TV Series HODL. Cudos merges blockchain and cloud computing, combining their benefits. When HODL airs in 2022, Cudo will showcase its mining app in episodes.
A week after EIP-1559 implementation, along with London Hardfork, ETH burning skyrocketed with the launch of several non-fungible tokens. Ethereum blocks issuing turned negative, days after the London hard fork.
DeFi attacks were the cause of loss of more than US$500 Million in related fraud accounts for 54% of the volume of cryptocurrency fraud while 76% of attacks are carried out by external agents. Fraud and cryptocurrency attacks have dropped.
There would be no guarantees that the perpetrator of the attack wiould return all of the stolen funds. The analysis firm SlowMist determined the vulnerability of the DeFi Poly Network that was exploited by the hacker. Now the Poly Network Hacker had returned more than US$256 Million in Cryptocurrency.
The decline in ether inventories has been steady since May 2020 while there are over 6.6 million Ether locked in Ethereum 2.0 contracts. The 9% Ether supply is the lowest since 2018. The Eth price is steadily increasing after the London hard fork.
Defi Poly Network Protocol hacked and called on exchanges to “blacklist” the tokens after the attack. Being a protocol that involves several blockchains, the figure could be higher. The US$600 million is one of the worst blows to decentralized finance platforms.
