Day: July 16, 2021

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Rogue Bots are Funneling Millions from Wax Blockchain’s Star Dapp Alien Worlds

Alien Worlds, one of the biggest blockchain games running on the Wax blockchain (EOS fork), is making some participants millions of dollars in weeks. The issue is, these players are gaming the game.   Players buy NFT tools and click a button to get Trilium (TLM), the in-game currency, as well as more NFTs. Even if …

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Looking Back at Uniswap’s Growth as it’s Deployed on L2

On-Chain Markets Update by Lucas Outumuro, IntoTheBlock The anticipated launch of Uniswap on layer 2 has finally arrived, at least to some extent. Uniswap’s alpha on Optimism has been released, supporting only six crypto-assets so far, but at a fraction of the cost incurred on Ethereum’s mainnet.  As Uniswap’s V3 is on track to fully …

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Upgrade Opens ThorChain to $4.9M Exploit

ThorChain, a popular decentralized exchange that enables native token swaps across different blockchains, was exploited yesterday to the tune of $4.9M. According to the project, the exploit was made possible by a recent upgrade to the protocol’s “Bifrost” router that connects ThorChain to Ethereum. The change allowed the attacker to trick the router using a …

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SushiSwap Treasury Sale Proposal Draws Community Ire

SushiSwap’s $60M strategic fundraising round has come under fire from community members who dislike the plan to offer investors deep discounts at a time when its tokens are slumping in the marketplace. Last week, the SushiSwap team introduced a proposal  to diversify the protocol’s treasury. The decentralized exchange holds the bulk of its treasury funds …

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