AshSwap stable-swap DEX on the MultiversX blockchain
8 months ago 4 mins read

AshSwap the first stable-swap DEX Launches on MultiversX Mainnet

Ho Chi Minh City, Vietnam, 11th February, 2023 AshSwap, the first stable-swap DEX on the MultiversX blockchain (previously Elrond Network), is officially launching on the MultiversX mainnet on February 17. The DEX will seamlessly bridge critical DeFi functions and provide tighter spreads with a fraction of the liquidity on MultiversX. In November 2021, AshSwap successfully raised $2.5 million in a private sale led by Elrond. The initial offering of ASH tokens on Maiar Launchpad sold out, with 70,000,000 ASH (7% of the total supply) valued at $2.8 million. AshSwap has since released all of its core features, which have been available on

Rubic DEX hacked
11 months ago 2 mins read

Rubic, a decentralized exchange, loses $1,000,000 due to a private key exploit

Rubic, a decentralized exchange (DEX), has lost over a million tokens as a result of hackers getting hold of an administrator’s wallet’s private keys. The project’s developers disclosed that one of their admins’ wallet addresses, which controlled the RBC/BRBC bridge and staking rewards, had been compromised during the early morning hours of Asia. “We believe malicious software was utilized to gain access to the private keys for the admin wallet,” they continued. The native token of Rubic is RBC, and the wrapped version is BRBC. In order to lower transaction costs and give more people the chance to use Rubic’s