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This article explains liquidity, automated market makers, and why they’re a vital part of the DeFi ecosystem. When trading, the goal of every buyer and seller is to purchase and sell an asset at the best possible price. The outcome of these trades is determined by the amount of market liquidity, which refers to how easily…
Transfer assets using Crypto.com App The Crypto.com App will be able to seamlessly transfer selected assets over to Cronos on Day 1. The withdrawal process will be exactly the same as how you would transfer funds to a separate chain. Supported assets on Day 1: CRO, USDT, USDC, DAI, ETH, WBTC Only selected tokens mentioned…
Quick TakeDeFi platform pNetwork was attacked for 277 bBTC — a version of wrapped bitcoin — yesterday.It has offered a $1.5 million bounty for the funds to be returned. pNetwork, a cross-chain decentralized finance (DeFi) protocol, announced late Sunday that it suffered an attack and lost 277 pBTC (worth over $12 million at current prices).pBTC…