📣 Decentralized Exchange Vela’s DXP Token Surges Ahead of Beta Release on Arbitrum
Arbitrum-based decentralized trading platform (DEX) Vela Exchange’s DXP utility token has mounted a powerful rally as the project prepares to release its much-anticipated beta version next week. Vela Exchange was originally known as Dexpools on Ethereum before moving development to Arbitrum, an Ethereum layer 2 blockchain. The platform allows for spot and perpetual futures trading, as well as peer-to-peer over-the-counter (OTC) trading where traders can avoid slippage and frontrunning. The platform’s beta version opens for registered testers with early access on Jan. 31, and will be available for the broader public starting Feb. 7, according to the project’s website.
Arbitrum-based decentralized trading platform (DEX) Vela Exchange’s DXP utility token has mounted a powerful rally as the project prepares to release its much-anticipated beta version next week. Vela Exchange was originally known as Dexpools on Ethereum before moving development to Arbitrum, an Ethereum layer 2 blockchain. The platform allows for spot and perpetual futures trading, as well as peer-to-peer over-the-counter (OTC) trading where traders can avoid slippage and frontrunning. The platform’s beta version opens for registered testers with early access on Jan. 31, and will be available for the broader public starting Feb. 7, according to the project’s website.
Azuki's Twitter account was compromised – and the attacker made off with almost $1M worth of crypto
Over $750,000 worth of USDC, 11 NFTs, and over 3.9 ETH were drained through a malicious link.
We've seen this happen in the past - often times to accounts with 2FA installed and all security measures properly followed.
Popular blockchain security expert ZachXBT suggests that issue seems to be a problem potentially with compromised employees at Twitter.
Over $750,000 worth of USDC, 11 NFTs, and over 3.9 ETH were drained through a malicious link.
We've seen this happen in the past - often times to accounts with 2FA installed and all security measures properly followed.
Popular blockchain security expert ZachXBT suggests that issue seems to be a problem potentially with compromised employees at Twitter.
🪙 Uniswap dev team wins web3 gaming Battle of Titans competition
Uniswap won the web3 dev gaming competition, 0xMonaco: Battle of Titans. The event, run by Starkware-based on-chain gaming ecosystem MatchboxDAO and streamed on Twitch, featured teams from web3 companies including Ledger, Polygon, Uniswap, NEAR, Yield Guild Games, Chainlink, OKX and Bybit.Uniswap, Polygon and security auditors OtterSec made it to the finals. The three competed in a hotly contested final with Uniswap emerging as the eventual winner. Developers competed in a Mario Kart-style racing game rewarding technical abilities where each team’s cars are a smart contract. MatchboxDAO described it as a web3 version of "chess and poker.". While there is a trend towards web3 games only having assets on-chain rather than the gameplay itself, 0xMonaco is a fully on-chain game.
Uniswap won the web3 dev gaming competition, 0xMonaco: Battle of Titans. The event, run by Starkware-based on-chain gaming ecosystem MatchboxDAO and streamed on Twitch, featured teams from web3 companies including Ledger, Polygon, Uniswap, NEAR, Yield Guild Games, Chainlink, OKX and Bybit.Uniswap, Polygon and security auditors OtterSec made it to the finals. The three competed in a hotly contested final with Uniswap emerging as the eventual winner. Developers competed in a Mario Kart-style racing game rewarding technical abilities where each team’s cars are a smart contract. MatchboxDAO described it as a web3 version of "chess and poker.". While there is a trend towards web3 games only having assets on-chain rather than the gameplay itself, 0xMonaco is a fully on-chain game.
TRILLIONS of dollars will be poured into AI over the next decade. Here are some thoughts on how to capitalize on the emergence of the space.
🪙 Uniswap Team Is The Champion Of Web3 Dev Gaming Competition 0xmonaco: Battle Of Titans
The opening of MatchBox Arena, an esports event expressly created for developer engagement, has been announced by MatchBoxDAO, a collection of developers, artists, and designers constructing on-chain game infrastructure using StarkNet. Teams from Web3 firms like Ledger, Polygon, Uniswap, NEAR, Yield Guild Games, Chainlink, OKX, and Bybit participated in the tournament, which was organized by Starkware-based on-chain gaming ecosystem MatchboxDAO and aired on Twitch. To succeed in 0xMonaco and similar games in the future, players will need strong technical aptitude, originality, and agility. Through video simulations that show the exact code logic used throughout the round.
The opening of MatchBox Arena, an esports event expressly created for developer engagement, has been announced by MatchBoxDAO, a collection of developers, artists, and designers constructing on-chain game infrastructure using StarkNet. Teams from Web3 firms like Ledger, Polygon, Uniswap, NEAR, Yield Guild Games, Chainlink, OKX, and Bybit participated in the tournament, which was organized by Starkware-based on-chain gaming ecosystem MatchboxDAO and aired on Twitch. To succeed in 0xMonaco and similar games in the future, players will need strong technical aptitude, originality, and agility. Through video simulations that show the exact code logic used throughout the round.
💰 Uniswap on BNB Chain: Wormhole wins bridge selection vote
Wormhole has won a temperature check vote on the Uniswap DAO as the preferred crypto bridge provider for the proposed deployment of Uniswap v3 on the BNB Chain, according to the details of an off-chain vote concluded on Tuesday. The vote spurred a spirited debate about the correct approach to multi-chain protocol design. Wormhole was among a list of four crypto bridge protocols in the vote. The others were LayerZero, Celer, and deBridge. Wormhole secured 62% of the votes to win the polls, according to data from Snapshot. Wormhole will now be included in the final governance proposal for the deployment of Uniswap v3 on the BNB Chain. The Uniswap community had recently finished a preliminary vote to deploy its decentralized exchange protocol on the BNB Chain.
Wormhole has won a temperature check vote on the Uniswap DAO as the preferred crypto bridge provider for the proposed deployment of Uniswap v3 on the BNB Chain, according to the details of an off-chain vote concluded on Tuesday. The vote spurred a spirited debate about the correct approach to multi-chain protocol design. Wormhole was among a list of four crypto bridge protocols in the vote. The others were LayerZero, Celer, and deBridge. Wormhole secured 62% of the votes to win the polls, according to data from Snapshot. Wormhole will now be included in the final governance proposal for the deployment of Uniswap v3 on the BNB Chain. The Uniswap community had recently finished a preliminary vote to deploy its decentralized exchange protocol on the BNB Chain.
⚡️ Decentralized Exchange Dexalot Starts a Hybrid DeFi Subnet
Decentralized cryptocurrency exchange (DEX) Dexalot has launched on layer-1 protocol Avalanche as a Subnet, attempting to combine the user experience of centralized exchanges (CEX) along with the transparency and decentralization of a DEX. Dexalot’s users will be able to deposit and withdraw assets via its app on the Avalanche C-chain, and then trade on the Dexalot subnet, according to a press release. The communication between the mainnet and subnet will be through “generic message passing using cross-chain communication protocols,” said the press release.
Decentralized cryptocurrency exchange (DEX) Dexalot has launched on layer-1 protocol Avalanche as a Subnet, attempting to combine the user experience of centralized exchanges (CEX) along with the transparency and decentralization of a DEX. Dexalot’s users will be able to deposit and withdraw assets via its app on the Avalanche C-chain, and then trade on the Dexalot subnet, according to a press release. The communication between the mainnet and subnet will be through “generic message passing using cross-chain communication protocols,” said the press release.
🪙 Uniswap Foundation charts path forward amid cross-chain bridge governance debate
The Uniswap Foundation's executive director said a cross-chain bridge governance vote garnered "more attention than any Uniswap proposal in recent memory.". Devin Walsh's post came after a spirited debate over which bridge — a protocol used to connect blockchains — will be used to tie Uniswap. LayerZero, which came in second place in the vote, argued in a statement Tuesday that, in light of sentiments expressed by Uniswap stakeholders, it was the "preferred bridge" out of the group. The startup also argued that the foundation should hold a vote with both Wormhole and LayerZero as options. In her post, Walsh wrote that the foundation "saw the clear opportunity to create a better process for future cross-chain deployment proposals" and invited feedback on a proposal for a cross-chain bridge assessment group.
The Uniswap Foundation's executive director said a cross-chain bridge governance vote garnered "more attention than any Uniswap proposal in recent memory.". Devin Walsh's post came after a spirited debate over which bridge — a protocol used to connect blockchains — will be used to tie Uniswap. LayerZero, which came in second place in the vote, argued in a statement Tuesday that, in light of sentiments expressed by Uniswap stakeholders, it was the "preferred bridge" out of the group. The startup also argued that the foundation should hold a vote with both Wormhole and LayerZero as options. In her post, Walsh wrote that the foundation "saw the clear opportunity to create a better process for future cross-chain deployment proposals" and invited feedback on a proposal for a cross-chain bridge assessment group.