Uniswap (UNI)

Over $1 Million Lost By Rubic As Private Keys Were Reportedly Compromised

Over $1 Million Lost By Rubic As Private Keys Were Reportedly Compromised

The officials at Rubic recently reported that they suffered from an exploit that ended up costing them over $1 million. Rubic Exploited by Hackers Rubic is a major platform known for facilitating cross-exchange swaps for cryptocurrencies. The platform reported that it was exploited on Wednesday by hackers. The platform was hacked as the exploiters were able to gain access to the private keys that granted platform access to the hackers. The Rubic officials confirmed that unfortunately, it was not just a common user but the administrator, whose wallet access the hackers were able to exploit. Notification by Rubic The Rubic…
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Uniswap (UNI) Endures a Massive Hit; Why HODLing Might Be the Solution

Uniswap (UNI) Endures a Massive Hit; Why HODLing Might Be the Solution

Uniswap (UNI) nears a critical junction as the top decentralized exchange faces a gripping condition. The protocol has witnessed a barren run since overtaking Curve in most utilized DEX. For instance, Uniswap registered new lows in July, with trading volume plummeting to $37.8 billion, 2022's lowest mark. Furthermore, July's figures remain far by $24.8B from May's $62.7 billion – the yearly peak. Do Not Leave Yet Surprisingly, Uniswap has stayed busy lately after surging on the charts in market cap. UNI's growth over the week reflects such developments. Nevertheless, the altcoin endured a brief fall as other leading cryptos recorded…
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