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KyberSwap DEX hacker sends an on-chain message: Be nice, or else

The exploiter behind the $46 million crypto theft against KyberSwap has demanded its execs and tokenholders ease up on the hostilities, threatening to push out negotiations until everyone is “more civil.”In an on-chain message addressed to KyberSwap executives, tokenholders and liquidity providers on Nov. 28, the exploiter said they plan

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KyberSwap DEX exploited for $46 million, TVL tanks 68%

Around $46 million in various crypto assets has seemingly been drained from the decentralized KyberSwap exchange in the latest decentralized finance exploit.On Nov. 23, the Kyber Network team alerted its users stating in an X (Twitter) post that KyberSwap Elastic “has experienced a security incident.”It advised users to withdraw their

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THORChain becomes second-largest DEX in daily trading volume

THORChain has become the second-largest decentralized exchange (DEX) while its native token, RUNE, registered a slight decline over the past day. According to data provided by DeFi Llama, THORChain’s daily trading volume has reached $334.3 million, surpassing PancakeSwap and making it second to only Uniswap which has a $1.14 billion trading

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THORChain becomes third largest DEX as Rune surges 50% in a week

Native asset settlement protocol THORChain has recorded the third-largest trading volume among non-centralized exchanges in the last week with users seemingly attracted to the high yield offered adjacent to its native token Rune (RUNE).Over the last week, THORChain’s trading volume hit $1.32 billion third only behind Uniswap and PancakeSwap at

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Uniswap’s KYC move essential for DEX survival, expert says

Dmitry Machikhin, BitOK CEO, comments on Uniswap’s KYC hook inclusion, asserting its essential role in avoiding regulatory pressures and championing the move toward crypto-sector compliance. Uniswap to introduce KYC A hook designed to complete the know your customer (KYC) procedure was found in the open directory of the decentralized financial protocol (defi)

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