ChainwireETFSwap (ETFS), a decentralized cryptocurrency and Exchange-Traded Funds (ETFs) platform based in Singapore, has achieved significant milestones and gained global recognition as a significant player in the tokenized ETF market. The platform offers a unique and user-friendly trading experience for both cryptocurrencies and ETFs, allowing investors to access trillion-dollar sectors such as health, energy, technology, and commodities. ETFSwap (ETFS) has already recorded over 4,000 users in just a few weeks and has successfully raised over $1.5 million in its public presale. The platform plans to complete its roadmap with the full launch of the ETFSwap (ETFS) trading platform, partnership program, staking decentralized application (DApp), and community rewards over the next year.
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On May 15th, Eigenpie announced on X platform that over 1 million EIGEN tokens from EigenLayer have been successfully re-staked through Eigenpie. EIGEN holders who entrust their assets through Eigenpie platform can accumulate 1 Eigenpie point per hour for every 100 EIGEN tokens entrusted.
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Sonne Finance's SONNE token experienced a 60% drop to 2.5 cents after a hack resulted in $20 million being drained from the decentralized lending protocol. The exploiters used a "donation" attack to manipulate markets, taking advantage of a two-day timelock to execute four transactions. The incident occurred on the Optimism blockchain version, while the Base blockchain version remained unaffected. The protocol had previously avoided similar issues by adding markets with zero collateral factors, manually adding collateral, and permanently removing it before anyone was able to manipulate the market. The developers are working on retrieving the stolen funds and have offered a bounty for the hacker.
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