AMM liquidity administration protocol Revert confirmed that their “v3utils” contract was hacked, and 90% of the funds have been stolen from a single account. The staff said that they might compensate every sufferer and supply a autopsy quickly.
Hong Kong SFC proposes to calm down the ban on crypto buying and selling for retail traders and is inviting business & specialists to weigh in on the brand new insurance policies till March 31.
New necessary licensing provisions introduced final yr for HK centralized crypto service suppliers will come into impact on June 1.
Lending AMM Timeswap launch V2 on Polygon. V2 allows early exit for lenders & LPs, recycling repaid belongings for extra capital effectivity, and bidirectionality.
OpenSea now cancels buying and selling charges and strikes to a minimal 0.5% creator earnings mannequin with the choice for sellers to pay extra. OpenSea additionally hints at a possible airdrop/reward marketing campaign.