HomeAltcoinsFTX Hack Spooks Solana DeFi Community, Igniting Revolution at Alameda-Controlled Serum DEX

FTX Hack Spooks Solana DeFi Community, Igniting Revolution at Alameda-Controlled Serum DEX

-



FTX Hack Spooks Solana DeFi Community, Igniting Revolution at Alameda-Controlled Serum DEX

Lending protocol Solend, Jupiter, automated market maker Raydium, stablecoin swap shop Mercurial Finance and other Solana-based DeFi traders, as well as centralized entities including Phantom wallet, limited their exposure to Serum Saturday morning. They disconnected price data oracles, shut down token trading pools or ceased trading on its central limit order book.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Brazilian crypto industry gets regulatory clarity amid global uncertainty

The recent regulatory framework from the Brazilian Congress will benefit the country’s financial institutions and bridge local liquidity with global markets. As...

Waves Blockchain Founder Explores New DAO Model to Improve Crypto Governance

These KPIs, if fulfilled, result in rewards for participating communities. Conversely, if they’re not met, a community can be penalized as a portion of...

BTC price levels to watch as Bitcoin holds $17K into the market open

BTC price strength allows cautious Bitcoin traders outline targets above $17,500. Own this piece of crypto history

Litecoin eyes $100 after ‘rare’ LTC price breakout

Litecoin (LTC) could rise another 20% amid a rare trend reversal breakout that has already resulted in LTC outperforming most crypto assets in recent...

Most Popular

spot_img