Connecting DeFi: How multichain token systems can improve liquidity

    Multichain token systems can move tokens between different blockchains, allowing users to access liquidity across multiple markets. Digital assets are typically restricted to their native blockchain networks, and existing methods of transferring tokens from one blockchain network to another are highly vulnerable to hacking or involve using a trusted third party. However, multichain tokens enable…

    Subway-themed trading bot makes millions using ‘sandwich’ attacks

    The anonymous MEV bot operator’s best day was April 18, where he profited about $950,000. An anonymous Maximal Extractable Value (MEV) bot operator has cashed in well over $1 million this week by executing “sandwich attacks” against buyers and sellers of two new meme coins. The wallet address, linked to the Ethereum Name Service (ENS) domain “jaredfromsubway.eth”…

    Tribe Capital considers reviving bankrupt crypto exchange FTX: Report

    The venture capital company is reportedly considering spearheading a fundraising campaign to raise $250 million to revive FTX. Tribe Capital, the San Francisco-based venture capital firm that previously invested in FTX before its collapse, is exploring the possibility of injecting new capital to revive the bankrupt cryptocurrency exchange, Bloomberg reported on April 18. The venture capital firm…

    Solana on-chain and derivatives data highlights the limitations of SOL’s potential price breakout

    SOL price recently rallied by 30%, but on-chain data suggests that the network’s growth challenges could restrict Solana’s upside. Solana saw two positive developments this week with the launch of the Saga Android-based smartphone powered by the Solana blockchain and the retail trading debut of Grayscale Solana Trust shares. The developments, along with bullishness in the…

    UAE’s federal financial regulator opens licensing applications for VASPs

    Companies that have already acquired licenses from the country’s financial free zones are exempted from the requirement of registering with the regulator. The federal financial regulatory agency of the United Arab Emirates (UAE) has announced that it will start receiving licensing applications for firms that want to provide virtual asset services within the country. The…

    Decentralized science is key to fixing academic research

    Locked paywalls and high fees are defining characteristics of traditional academic research. DeSci can lower the barriers to access. Academia and science are both in the throes of a crisis, marked by several inefficiencies directly impacting our scientific prowess and research capabilities. The subject of stagnation within universities and academic institutions is taboo, and there…