XSwap Review: Is It Safe? Fees, App & Ranking

XSwap

3.47

5-10 years

Not Regulated

Exchange

Questionable Regulatory License

No Regulatory License

Be aware of the risks!

Basic Information

Country/Region

United Kingdom

Exchange AbbreviationXSwap

Exchange TypeDecentralized Exchange

Operating Period5-10 years

Websitehttps://xswap.com/

Trade TypeSpot Trade

0.00/10

Score

Regulation

Risk Control

Business

Reputation

Tech

RiskNotice

2 risk alerts

High Risk 1

Medium Risk 1

Exchange Overview

What is XSWAP?

XSwap claims to be the first and largest decentralized exchange (DEX) built on Abey, allowing users to discover and swap tokens in the Abey ecosystem through a non-custodial wallet.

Main Business

The platform supports staking assets or providing liquidity to earn yields.

News

Chainlinks CCIP Enables Seamless Onchain Payments for XPay by XSwap

XSwap has adopted Chianlinks CCIP for its new XPay tool, ensuring secure and efficient onchain payments with top security and easy integration for cross-chain transactions.　　The integration of Chainlink CCIP into XSwaps ecosystem represents a significant enhancement in security and cross-chain transaction capabilities.　　Chainlink has confirmed its position as the industry-standard protocol for secure cross-chain value transfers with its latest use case. XPay, developed by XSwap, is now utilizing Chainlinks Cross-Chain Interoperability Protocol (CCIP) to facilitate onchain payments.　　XSwap expressed its excitement about the launch of XPay, a robust tool designed for cross-chain transactions, promising top security powered by Chainlink CCIP, easy integration for effortless cross-chain functionalities, and an expanded ecosystem for the XSwap community.　　As XSwap continues to integrate into the ecosystem, the incorporation of Chainlink CCIP marks a significant advancement in security and cross-chain transaction capabilities.　　As the industry-standard protocol for secure cross-chain value transfers, #Chainlink CCIP unlocks an array of use cases for users.　　In recent weeks, Chainlink has been integrating its CCIP protocol across multiple platforms. Earlier this week, Weset, a platform specializing in tokenizing real-world assets, integrated Chainlink‘s Cross-Chain Interoperability Protocol (CCIP) to facilitate cross-chain transfers of its WECO token between BNB Chain and Ethereum. This integration boosts liquidity, enhances user

2024-06-15Project

Multisig wallets vulnerable to exploitation by StarkEx apps, says developer Safeheron

Own this piece of history　　Certain multisignature (multisig) wallets can be exploited by Web3 apps that use the StarkEx protocol, according to a March 9 press release provided to Cointelegraph by Multi-Party Computation (MPC) wallet developer Safeheron. The vulnerability affects MPC wallets that interact with StarkEx apps such as dYdX. According to the press release, Safeheron is working with app developers to patch the vulnerability.　　According to Safeheron‘s protocol documentation, MPC wallets are sometimes used by financial institutions and Web3 app developers to secure crypto assets they own. Similar to a standard multisig wallet, they require multiple signatures for each transaction. But unlike standard multisigs, they do not require specialized smart contracts to be deployed to the blockchain, nor do they have to be built into the blockchain’s protocol.　　Instead, these wallets work by generating “shards” of a private key, with each shard being held by one signer. These shards have to be joined together off-chain in order to produce a signature. Because of this difference, MPC wallets can have lower gas fees than other types of multisigs and can be blockchain agnostic, according to the docs.　　MPC wallets are often seen as more secure than single signature wallets, since an attacker cant generally

2023-03-09Defi

ApeCoin geo-blocks US stakers, two Apes sell for $1M each, marketplace launched

Jesse Coghlan 7 minutes ago ApeCoin geo-blocks US stakers, two Apes sell for $1M each, marketplace launched　　The U.S. made the list of regions blocked from using an upcoming website for ApeCoin staking with the related DAO claiming regulations are to blame.　　82 Total views Listen to article 0:00　　News　　United States-based ApeCoin (APE) holders could miss out on staking rewards after the U.S. was added to a list of regions geo-blocked from using an upcoming APE staking service.　　Blockchain infrastructure company Horizen Labs, which is building the site on behalf of the ApeCoin decentralized autonomous organization (DAO), revealed the news in a Nov. 24 update regarding ApeStake.io on Twitter, saying “unfortunately, in todays regulatory environment, we had no good alternative.”　　Ape Staking Update: Big thanks to the talented community devs for their helpful improvements. Bug Bounty AIP delayed us a bit, so we shortened the pre-deposit period by a week to keep our original 12/12 go-live. Alternate front-end sites going live. See card. pic.twitter.com/mgmP7X3SwQ　　— Horizen Labs (@HorizenLabs) November 24, 2022　　Canada, North Korea, Syria, Iran, Cuba, Russia, and the Russian-controlled areas of Ukraine, Crimea, Donetsk, and Luhansk are also on the block list.　　There are likely ways to get around the geo-block. The update noted the website

2022-11-25Defi