Ethereum projects launch MEV Blocker to protect users from high prices: Finance Redefined

BNB Chain was the king of rug pulls in the first quarter of 2023, with over 73.3% of such scams in the entire crypto ecosystem happening on the network, according to an April 4 report from blockchain security firm Immunefi.

A new report from the U.S. Department of the Treasury analyzing decentralized finance concluded that actors from the Democratic People’s Republic of Korea and other scammers could exploit vulnerabilities to facilitate money laundering.

A total of 27 Ethereum projects joined hands to minimize the cost incurred by users in the form of maximal extractable value (MEV). The launch partners include Balancer, Gnosis DAO, Shapeshift and StakeDAO, to name a few...

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

High Ether Yields Drive $50M to DeFi Protocol Pendle Finance.Pendle_fi has seen a 300% rise in total value locked since the start of this year as traders look to passively capture market returns. By shauryamalwa pendle_fi shauryamalwa pendle_fi shauryamalwa
Source: CoinDesk - 🏆 291. / 63 Read more »

U.S. Treasury publishes DeFi-focused illicit finance risk assessmentThe U.S. Treasury Department published an illicit finance risk assessment report focused specifically on DeFi. TLDR: the dolla is the criminal's currency of choice
Source: TheBlock__ - 🏆 464. / 53 Read more »