Uniswap Information Bill Like? Do Rank It! Likes

Designed with simplicity in mind, the Uniswap protocol provides an interface for seamless exchange of ERC20 tokens on Ethereum. By eliminating unnecessary forms of rent extraction and middlemen it allows faster, more efficient exchange. Where it makes tradeoffs, decentralization, censorship resistance, and security are prioritized.

Uniswap Most Popular Content
a16z votes against proposal to deploy Uniswap V3 on BNB Chain
3 days ago

The venture firm used its 15 million UNI holding against the deployment using the Wormhole bridge.

Shiba Inu (SHIB) Keeps Fierce Posturing With 30% Climb In The Last Week
3 days ago

Shiba Inu (SHIB) has been among the best-performing cryptocurrencies over the previous 24 hours. The price of the second-largest meme coin has reached $0.000015 after a daily increase of about 30%. Recent price increases for Shiba Inus are primarily attributable to a tremendous increase in burn rate. In the first month of 2023, around 1.12 […]

The BonqDAO Protocol loses $120 million to an oracle breach
5 days ago

The crypto community faces another grim situation as BonqDAO announced a $120 million breach. A recent oracle breach put the protocol at risk, and the attacker changed the price of ALBT. In addition, the attacker minted huge amounts of BEUR, which were later used to swap for other tokens. The transactions took place on Uniswap, …

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Uniswap Community Greenlights Launching DEX On BNB Chain: 0xPlasma Labs
2 weeks ago

Summary: The Ethereum Name Service governance proposal aims to create an extra runway for the project should the crypto market suffer another downturn. 10,000 ETH would be sold for Circle’s USDC via a Gnosis auction, Wednesday’s proposal suggested. ENS DAO held around $2.4 million in stablecoin and some 40,000 Ether...

Funds Stolen From Harmony Hack On The Move
3 weeks ago

The notorious North Korean-based Lazarus group has moved millions of dollars worth of Ethereum stolen from the Harmony hack over the weekend. Harmony was attacked on the 22nd of June, 2022, with around $100 million stolen.  Huge Amount Of Stolen Funds On The Move  The notorious hacking collective, the Lazarus Group, has been busy moving millions worth of stolen ETH, capping a busy weekend for the notorious North Korean-backed group. Blockchain and crypto investigator ZachXBT posted details about the movement of the funds on Twitter, with the stolen assets originating from Tornado Cash and then going through Railgun. This smart contract privacy platform uses zero-knowledge proofs to obfuscate transactions.  According to ZachXBT’s post, Lazarus Group moved around 41,000 ETH, worth around $63.5 million, through Railgun, before depositing them on different exchanges. ZachXBT traced the movements of the transactions across over 350 separate addresses.  “North Korea’s Lazarus Group had a very busy weekend moving $63.5m (~41000 ETH) from the Harmony bridge hack through Railgun before consolidating funds and depositing on three different exchanges.” The crypto analyst did not identify which exchanges were used to deposit the stolen funds but stated that the deposited funds were quickly withdrawn from them.  The Harmony Attack  The Lazarus Group has become quite well-versed in moving stolen crypto across platforms and preventing the authorities from tracking their movements. The group was linked with the Harmony Bridge attack, which took place in June 2022. A detailed report of the hack was published by Elliptic. The bridge was hacked for a staggering $100 million, and Elliptic used something called “Tornado demixing capabilities,” allowing it to trace the stolen funds from Tornado to other wallets.  The hackers were able to siphon off various assets from the bridge through eleven transactions, which were then sent to a wallet and swapped for ETH on Uniswap. The hack saw $100 million worth of assets stolen, including Frax (FRAX), Wrapped Ether (wETH), Aave (AAVE), SushiSwap (SUSHI)Frax Share (FXS), AAG (AAG), Binance USD (BUSD), Dai (DAI), Tether (USDT), Wrapped BTC (wBTC), and USD Coin (USDC).  The Harmony team stated that they are trying to recover the stolen funds, adding that they would not be pressing any criminal charges if the funds were returned, and offered a $1 million bounty. They also appealed to the hackers to share how the hack happened. So far, the team thinks hackers were able to access the funds through compromised private keys.  “We commit to a $1M bounty for the return of Horizon bridge funds, and sharing exploit information…Harmony will advocate for no criminal charges when funds are returned.” A Growing Number Of Heists  The North Korean-backed Lazarus Group has become known for several high-profile heists and has stolen over $2 billion through these heists. The group switched its focus to decentralized finance (DeFi) and cross-chain bridges and is also suspected of being behind the $600 million Ronin hack. The group also went after Japan-based crypto exchanges in October 2022, targeting them with a wave of phishing attacks. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.