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Alexander Mardar

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Alexander Mardar's Observations 322 Articles
Coins and tokens   -   Nov 01, 2023 Unibot $560k Router Exploit Causes Token Price Crash of Over 20%
unibot hack

Unibot, a leading Telegram trading bot, has seen a $560,000 exploit on a new router. The hack follows a similar breach against the Maestro bot just last week.

Alexander Mardar
Exchanges   -   Oct 31, 2023 Uniswap's $12M Play in Ekubo Sparks Governance Debate
Uniswap's $12M Play in Ekubo Sparks Governance Debate

Uniswap is considering a $12M investment in Ekubo, a dominant AMM exchange on Starknet. Despite majority support, key governance members have questioned the deal's details and valuation.

Alexander Mardar
Ethereum   -   Oct 28, 2023 Arbitrum Unveils Orbit: Empowering Developers with Flexible L3 Chains
Arbitrum Unveils Orbit: Empowering Developers with Flexible L3 Chains

Orbit allows the seamless creation of custom Layer 3 chains that settle to Arbitrum's L2 network. Offering developers great flexibility, the platform is already seeing interest, particularly from the gaming sector.

Alexander Mardar
Coins and tokens   -   Oct 28, 2023 Maestro Telegram Bot Overcompensates Users for Loss After Major Hack
Maestro Telegram Bot Overcompensates Users for Loss After Major Hack

After a hacker stole 280 ETH from Maestro’s Router 2 contract, the development team swiftly gave users refunds plus a goodwill fee, spending over $1 million. Despite the setback, the Maestro bot continues to dominate in user count and transactions.

Alexander Mardar
Hardware Wallet   -   Oct 26, 2023 Ledger's New 'Recover' Tool Sparks Debate in the Crypto World
Ledger Nano X

Ledger goes live with its debated "Ledger Recover" feature, allowing users to back up their recovery phrases. Critics argue this goes against crypto's privacy ethos, raising security concerns.

Alexander Mardar
Scam   -   Oct 24, 2023 Another Day, Another Meme-coin Rug-Pull: Stay Safe Out There
Another Day, Another Meme-coin Rug-Pull: Stay Safe Out There

The developers of Safereum appear to have pulled an exit scam, stealing over $1 million from users. Many were deceived by its influencer promotions and crypto exchange listings.

Alexander Mardar
L2   -   Oct 23, 2023 Key Lightning Network Developer Quits Over Newfound Vulnerability
Key Lightning Network Developer Quits Over Newfound Vulnerability

The vulnerability could allegedly impact multiple applications. With no immediate fix on the horizon, the Lightning Network community may face significant challenges ahead.

Alexander Mardar
Lending   -   Oct 21, 2023 Decentralized Stablecoin Project MakerDAO Sparks User-Facing Lending with New Protocol
Decentralized Stablecoin Project MakerDAO Sparks User-Facing Lending with New Protocol

Spark Protocol, launched by MakerDAO in May 2023, is a DeFi platform offering lending and savings features like Spark Lend and the Dai Savings Rate (DSR). By leveraging real-world assets such as U.S. Treasuries, it delivers competitive yields while facing rising competition in the DeFi space.

Alexander Mardar
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