Search results for "SWAP"

Kalshi appeals Nevada event contract ban; CFTC jurisdiction dispute may reach the Supreme Court

Prediction market platform Kalshi has appealed a ruling by the state of Nevada banning its event contracts, and the U.S. Ninth Circuit Court of Appeals held oral arguments on April 17, but did not issue an immediate decision after the hearing. The core dispute in the case is whether Kalshi’s event contracts are “swap agreements” that fall under the jurisdiction of the Commodity Futures Trading Commission (CFTC), or whether they must be regulated by state-level activity under gambling licensing regimes. Multiple legal experts predict that the case may ultimately be appealed to the U.S. Supreme Court.
MarketWhisper·04-17 03:04
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Cow Protocol suffers a DNS hijacking; users must immediately revoke permissions

Cow Swap, a DEX aggregation platform built by Cow Protocol, suffered DNS hijacking on April 14. The attacker tampered with domain name records, redirecting user traffic to a spoofed website, and deployed a wallet-draining script. Cow DAO immediately paused the service and advised users to revoke approvals. This incident did not affect the protocol’s smart contracts, but users should remain alert to related risks and verify their transaction records.
COW2,45%
MarketWhisper·04-15 01:11
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The Ethereum Foundation uses it too! The CoW Swap frontend was hacked, and DeFi leaders advise revoking approvals

The Ethereum DeFi platform CoW Swap experienced DNS hijacking on April 14, which may put users at risk of phishing. Although the protocol itself was not compromised, the risk of frontend attacks remains high. The industry recommends that users revoke approvals before taking any future actions. CoW Swap offers batch transaction functionality and protects against MEV attacks, and its security incident may affect the entire DeFi ecosystem.
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ChainNewsAbmedia·04-14 19:05

SIM card swap attack steals $24 million! A 21-year-old suspect empties a crypto investor’s account

A 21-year-old Manhattan resident, Nicholas Truglia, faces 21 counts of felony charges for carrying out a SIM card swap attack that stole more than $23 million in assets from cryptocurrency investor Michael Terpin. This case highlights vulnerabilities in phone-number-based verification mechanisms, sparking discussions in the crypto community about the need for stronger security solutions and driving adoption of safer verification methods such as hardware security keys.
MarketWhisper·04-13 03:32
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Lido DAO Plans $20M LDO Buyback to Stabilize After Historic Decline

Lido DAO’s decentralized autonomous organization is weighing a one-off $20 million buyback of its governance token, LDO, in a bid to address a pronounced price dislocation relative to Ether. The plan would swap 10,000 stETH tokens from the treasury for LDO, with proponents arguing that the governanc
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CryptoBreaking·03-31 05:30