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Uniswap releases version 4 code, allowing for new types of liquidity pools

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The new version features “hooks” that will allow for more customized options, but it will not be implemented until more feedback is obtained from the community. Uniswap Labs has released a draft of the code for Uniswap V4, according to a June 13 blog post from Uniswap’s Founder, Hayden Adams. The new code features “hooks” or plugins that allow developers to create custom liquidity pools.  Uniswap is the largest decentralized crypto exchange in the world by volume. Its latest version is V3 and was deployed on May 4, 2021. Uniswap's official user interface. Source: Uniswap According to the post, V4’s “hooks” feature will allow future developers to create on-chain limit orders, automatic deposits to lending protocols, auto-compounded liquidity provider (LP) fees, and many other innovations to the exchange once it is implemented. Releasing the source code is the first step to launching a new version of Uniswap. The team now plans to converse with members of the Uniswap community and...

Bitvavo to prefund locked DCG assets worth $296.7M amid liquidity crisis

The Digital Currency Group and its affiliates (DCG) cited liquidity problems as it suspended repayments, temporarily halting users from withdrawing their funds. The Digital Currency Group and its affiliates (DCG), which manages $296.7 million (280 million euros) in deposits and digital assets of crypto exchange Bitvavo for off-chain staking services, suspended repayments citing Liquidity problems amid the bear market. However, Bitvavo announced to prefund the locked assets , preventing DCG-induced service disruption for users. With users proactively exploring self-custody options as a means to safeguard their funds, an acute liquidity crisis is expected to loom over exchanges. DCG cited liquidity problems as it suspended repayments, temporarily halting users from withdrawing their funds. Bitvavo, on the other hand, decided to prefund the locked assets to ensure that none of its users are exposed to DCG liquidity issues. “The current situation at DCG does not have any impact on the ...