Tag: Uniswap

Trader Loses $215,000 After Swapping USDC-to-USDT

A cryptocurrency trader lost over $200,000 in a single transaction on the Uniswap V3 platform after mistakenly swapping approximately 220,000 USDC for just 5,000 USDT. The operation, carried out on March 11, shocked investors by highlighting the risks associated with improper use of decentralized exchanges (DEXs), particularly when configuring “slippage” incorrectly. Slippage refers to the […]