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DeFi ecosystem still haunted by FTX contagion: Finance Redefined

Coin Telegraph LogoCoin Telegraph2 mo ago

DeFi ecosystem still haunted by FTX contagion: Finance Redefined - Coin Telegraph

Quick Summary:

Top-100 DeFi tokens saw a bullish wave with the start of the new month, but many DEX platforms are still haunted by FTX contagion.

Within an hour of the attack, Ankr confirmed on Twitter that the aBNB token has been exploited and that they’re working with exchanges to immediately halt trading of the compromised token.

According to the announcement, “A community-wide effort to fork Serum is going strong.” OpenBook, the community-led fork of the Serum v3 program, is already live on Solana with over $1 million daily volume, supported by continuous efforts to expand it and grow its liquidity.


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Article Details

Author / Journalist: Cointelegraph By Prashant Jha

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-12-02 @ 21:15:00 (2 months ago)

News Timezone: GMT -5:00

Ranking: #562 (out of 6044 stories this day)

News Source URL: cointelegraph.com

Language: English

Article Length: 725 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 2107125

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 12 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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