CertiK, zkSync to launch compensation plan for $2M Merlin DEX exploit
The Web3 security firm urges the rogue developer to return 80% of the stolen funds and offers 20% as a white hat bounty.
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The Web3 security firm urges the rogue developer to return 80% of the stolen funds and offers 20% as a white hat bounty.
The decentralized exchange had previously stated that Apple was not allowing their app to be listed on the App Store.
Only users who have traded on the decentralized exchange in the last four days are apparently affected.
The license expiration marks a significant event within the DeFi ecosystem, as it enables developers to deploy their own decentralized exchange (DEX).
The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to funds during crises.
The company said U.S. traders would still be able to make swaps by directly interacting with Orca’s smart contracts, however.
On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve,…
While centralized exchanges are thought to be safer and more efficient, proponents of decentralized platforms like Tim Shan insist that user experience on decentralized exchanges has improved. In addition, inherent…
The buggy function was intended to allow users to provide their own routing information, but the code did not limit routers to a pre-approved list.
The lawsuit marks the fourth time the Mango Markets exploiter has been hit by charges or lawsuits relating to his attack on the DeFi protocol.