Decentralized Exchange (DEX)

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Morgan Stanley Reports Crypto Ecosystem Is Steering Away From Decentralization

According to Morgan Stanley's report, the crypto ecosystem is drifting away from decentralization, with Ethereum's transition from a PoW to a PoS model causing the token to become more centralized.

GMX Allegedly Hit By A Price Manipulation Exploit

Decentralized exchange GMX reportedly suffered from a price manipulation exploit targeting the AVAX/USD pair, with the platform's estimated losses exceeding $500K.