It’s official: The so-called Monero “DEX” (which was in reality very centralized), has officially rugged its users. XMR1 swap routes have been down for more than a week and the founder who went by “Perpetual Cow” has completely vanished.

This is another reminder that Monero cannot be bought through a real DEX. Building one is nearly impossible without on-chain confirmations, which means third party risk has always been assumed in from day one. Wagyu knew this and still called itself a DEX, even ran marketing around a fake $2M swap video.

submitted by /u/Mr–Ganja [link] [comments]r/CryptoCurrencyRead More

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