Wednesday, April 24, 2024
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Linear Finance faces security breach, takes swift action to rectify

Hong Kong-based defi protocol Linear Finance reported a security breach that drained its Linear USD token’s liquidity on PancakeSwap and Ascendex platforms. Hong Kong‘s burgeoning defi ecosystem faced a significant setback this week as Linear Finance, one of its leading protocols, came under an unexpected attack. In an incident that jolted the

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Linear (LINA) price gains 30% after transition to Binance Smart Chain

This week Linear Finance (LINA) emerged as a viable competitor to Ethereum-based projects in the DeFi sector that find themselves hampered by congestion and high transaction costs. Data from Cryptox Markets and TradingView shows that on Jan.13 LINA was trading for $0.0135 with a 24-hour trading volume of $2.3 million. Since

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The Nuances of OKEx Linear and Inverse Futures/Swap and How to Maximize Your Profit

This article is targeted to the intermediate and sophisticated traders who are already familiar with the basics of index arbitrage. There are other resources available on OKEx Academy if you need more explanations on the concepts of basis, margining and fair value calculation. Today, we’re going to discuss a trade

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