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Uniswap’s app store ranking dives as user activity and trading volume decline
Uniswap’s app store ranking dives as user activity and trading volume decline

Quick Take Uniswap’s U.S. app store ranking surged after the pro-crypto election victory but has since collapsed from #99 to #364. The following is an excerpt from The Block’s Data and Insights newsletter.

The Block·2025/03/29 16:00
Analysis of $700k oracle manipulation exploit highlights vulnerabilities in DeFi vaults
Analysis of $700k oracle manipulation exploit highlights vulnerabilities in DeFi vaults

Quick Take In February, an oracle manipulation attack affected DeFi protocols across Ethereum Layer 2 network ZKsync, including Venus Protocol, which suffered a $717,000 loss from taking on bad debt. The attacker manipulated the exchange rate of Mountain Protocol’s wUSDM wrapped yield-bearing stablecoin by using a flash loan and exploiting a donation-based vulnerability in standard ERC-4626 tokenized vaults.

The Block·2025/03/29 16:00
Flash
  • 04:43
    Overview of Important Developments on April 30th, Noon
    7:00-12:00 Keywords: Russia, Tornado Cash, PYUSD, Movement 1. Russia's anti-money laundering agency plans to criminalize illegal cryptocurrency mining; 2. A Texas judge in the United States ruled that Tornado Cash cannot be sanctioned again; 3. The U.S. SEC terminates the investigation into PayPal's stablecoin PYUSD, taking no enforcement action; 4. BlackRock applies for a digital share class, DLT Shares, for its $150 billion money market fund; 5. U.S. prosecutors are considering dropping charges against Samourai Wallet under new DOJ crypto enforcement initiatives; 6. Bloomberg ETF analyst: The U.S. SEC is expected to announce final approval results of five crypto ETFs in or after October; 7. Movement Network Foundation: 740 million MOVE have been transferred to the foundation’s address for MoveDrop preparations.
  • 04:08
    Ethereum Spot ETF Total Net Inflow Reached $18.4008 Million Yesterday, Continuing a 4-Day Inflow
    According to ChainCatcher, data from SoSoValue indicates that the total net inflow for Ethereum spot ETFs was $18.4008 million yesterday (April 29, Eastern Time). The Ethereum spot ETF with the highest net inflow yesterday was the Fidelity ETF FETH, with a single-day net inflow of $25.5219 million. Currently, FETH's total historical net inflow has reached $1.452 billion. The ETF with the highest net outflow yesterday was the Grayscale Ethereum Trust ETF ETHE, with a single-day net outflow of $7.1211 million. Currently, ETHE's total historical net outflow has reached $4.284 billion. As of the time of writing, the total net asset value of Ethereum spot ETFs stands at $6.304 billion, with the ETF net asset ratio (market value relative to Ethereum's total market value) at 2.89%, and the historical cumulative net inflow has reached $2.484 billion.   
  • 03:51
    Trump to Hold Cabinet Meeting Today at 11 PM Beijing Time and Deliver "Investing in America" Speech the Next Day at 4 AM Beijing Time
    According to Jinse, U.S. President Trump will hold a cabinet meeting at 11:00 AM Eastern Time (11:00 PM Beijing Time) and will deliver a speech on "Investing in America" at 4:00 PM Eastern Time (4:00 AM the next day Beijing Time).
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