Today in DeFi - Sentiment Exploit & Recovery, MEV Blocker Live, Tokenomics upgrade, and More...
Sentiment Exploit & Recovery
Sentiment got exploited and lost ~$1m in USD. The root cause of the exploit was a read-only reentrancy attack, which was used to manipulate the asset price.
After a negotiation between the Sentiment team and the attacker, ~90% of lost funds had been returned.
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MEV Blocker Live
Co-developed by CowSwap and 30+ projects, MEV Blocker is an RPC endpoint that can protect users from various types of MEV attacks, including front-running and sandwich attacks.
LooksRare V2 Live
LooksRare V2 is now live, offering lower fees, cheaper gas, one-signature bulk listing, support for more NFTs, and seller payout in ETH.
Lyra Governance V2
Lyra has transitioned its governance to V2. V2 shifts from a representative council model to a fully autonomous on-chain system, that enables staking & delegation, and grants controls of treasury & developments to token holders.
Magic Eden Live on Ethereum
Magic Eden is now live on Ethereum and will add support for Bitcoin NFTs tomorrow.
Arbitrum AMM Upgrade, LSD Staking, and moreβ¦
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