wombat

ChainCatcher message, Wombat Exchange posted on X that it has received reports that the DEX Velocore on the ZKsync chain has forked Wombat's design without authorization. Please proceed with caution, as unauthorized copies may pose risks.

ChainCatcher news, Wombat announced a mysterious airdrop plan on platform X, with the relevant snapshot to be completed before February 10, 2024.According to the official announcement, users who stake $WOM tokens as $veWOM and provide liquidity on wombat.exchange may qualify for this snapshot.The team stated that more details about the airdrop will be released soon. Additionally, Wombat hinted last month that there would be changes to the token economic model and the launch of a new 2.0 version.

ChainCatcher news, the multi-chain stablecoin trading platform Wombat Exchange announced on social media that it has received a grant of 150,000 OP from the Optimism Foundation, which will be used to launch on Optimism.After Wombat officially launches on Optimism, this portion of OP will be allocated to the trading pool as liquidity incentives for users.

ChainCatcher news, the crypto startup Spielworks announced the launch of the Web3 game accelerator "Wombat X," with partners including the EVM-compatible Layer 1 network Cronos, and the Web3 infrastructure service provider Newcoin. Other participants include the EOS Network Foundation, Avicenne, Lifty, and Beamable. Web3 game projects selected for the Wombat X accelerator will receive support in funding, education, and community engagement with gamers. (source link)

ChainCatcher news, the stablecoin trading platform Wombat Exchange announced on Twitter that it has suspended the BNB pool, as well as the exchanges for BNB, BNBx, stkBNB, and aBNBc. Deposits and withdrawals have also been suspended. Previously, Wombat had suspended the aBNBc pool and the HAY pool.According to earlier reports, Beosin monitoring showed that after the Ankr aBNBc was attacked, there was an arbitrage opportunity due to the exchange rate of WBNB and aBNBc on Wombat being approximately 1:1, which led to the depletion of WBNB liquidity. Currently, the arbitrage address (0x20a..76f) has made a profit of about $2 million. (Source)

ChainCatcher news, according to monitoring by Beosin's Beosin EagleEye, due to a private key leak attack on the Ankr Staking: aBNBc Token project, a large amount of aBNBc was minted, which affected the prices of WBNB and aBNBc in the pair (0x272c...880). The exchange rate of WBNB and aBNBc in the Wombat project is approximately 1:1, creating an arbitrage opportunity, and the WBNB liquidity has been drained. Currently, the arbitrage address (0x20a..76f) has profited about 2 million USD, and Beosin Trace will continue to monitor the stolen funds.

Chain Catcher news, the liquid staking protocol pSTAKE announced a partnership with Wombat Exchange. After the collaboration, in addition to providing yield opportunities through stkBNB single-sided liquidity, it also integrates trading between stkBNB and BNB using a single-sided pool architecture.It is reported that Wombat Exchange is a stable trading protocol based on the BNB Chain and the third largest DEX, offering liquidity pools, low slippage, and single-sided staking, allowing users to maximize their DeFi yields. The platform currently has over $151 million in TVL (Total Value Locked) and continues to grow. (Source link)