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CRYPTOCURRENCY

WOOFi Exploited on Arbitrum, Swift Response Contains Threat
cryptocurrency

WOOFi Exploited on Arbitrum, Swift Response Contains Threat

WOOFi, a decentralized exchange, suffered an $8.5 million exploit on Arbitrum due to token price manipulation. The platform swiftly contained the threat and is working to retrieve funds and enhance security.

WOO Network Announces WOOFi's Shift from Near Protocol to Ethereum EVM
cryptocurrency

WOO Network Announces WOOFi's Shift from Near Protocol to Ethereum EVM

WOOFi, a decentralized exchange platform owned by Woo Network, has announced a strategic shift from the NEAR Protocol to Ethereum Virtual Machine (EVM) compatible networks. The move aims to develop a version 2.0 omnichain DEX, integrating centralized finance and decentralized finance sectors. WOOFi Pro will offer a mobile-friendly interface, gasless orderbook trading, and integration with Orderly Network's order books. The platform is set to launch with 10 crypto trading pairs in October.

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