Increased gas limits on Ethereum L1 come with risks… but big rewards
Prominent Ethereum devs say significantly raising gas limits will increase network capacity and innovation, but others say too big of an increase would pose serious risks to stability and security.
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SEC reportedly investigates decentralized exchange Uniswap
Enforcement attorneys are reportedly looking for information about Uniswap’s marketing and investor services. The United States Securities and Exchange Commission (SEC) is reportedly investigating the startup behind the world's largest decentralized cryptocurrency exchange, Uniswap.The U.S. securities regulator has initiated a probe into Uniswap’s main developer, Uniswap Labs, the Wall Street Journal reported Sept. 3.The report…
JP Morgan-Backed Firm Partners with Blockchain Startup Run By Former Deloitte Exec
JP Morgan-backed digital services firm Smartrac has partnered with SUKU Ecosystem, a blockchain startup headed by former Deloitte exec Eric Piscini, according to a tweet on Tuesday, Jan. 22.SUKU, which is parented by blockchain firm Citizens Reserve, will provide its platform to integrate with Smartrac’s supply chain. Smartrac is a radio-frequency identification (RFID) inlay manufacturer…
Solana reclaims $200 — 3 reasons why SOL price is up 35% in seven days
Solana's (SOL) price edged up on Monday in the wake of a market-wide price rally led by Bitcoin (BTC), its total volume locked (TVL) hitting record highs and a promising technical setup. Bitcoin triggers market-wide rallySOL climbed by more than 6% to hit an intraday high of around $214. The SOL is now up a little…
Crypto Biz: Celsius, FTX feel investors’ wrath as lawsuits multiply
Celsius creditors have filed a proposal to sue Alex Mashinsky, while creditors of FTX are turning their attention to the exchange's venture backers. 70 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe stunning collapses of Celsius and FTX destroyed many lives — early adopters who had the…
Finance Redefined: DeFi gets its first merger after a devastating hack, Nov. 18-25
Finance Redefined is Cointelegraph's weekly DeFi-centric newsletter, delivered to subscribers every Wednesday.On Saturday, we saw one of the most complex smart contract hacks so far affecting Pickle Finance, a yield optimization protocol very similar to Yearn — an important point for later.PeckShield provided a technical explanation for it, but I think only Solidity developers can…
Neutrino, Vires Finance and Waves bag 100%+ gain after pivot toward interoperability
Ongoing developments on the global stage continue to cause havoc in traditional markets and in the cryptocurrency sector.Despite these headwinds, projects in the Waves ecosystem have managed to climb higher in both price and total value locked (TVL) as a renewed focus on interoperability with popular blockchain networks brought fresh momentum. Total value locked on…
Bank of Russia to allow crypto investment via foreign firms: Report
Russian citizens and businesses will reportedly have the right to acquire Bitcoin, but not via local infrastructure. 141 Total views 3 Total shares Russia continues sending mixed signals to the cryptocurrency markets as more reports provide details on the country’s upcoming crypto regulation.Shortly after Bank of Russia governor Elvira Nabiullina announced the Bank’s intention to…
Yearn Finance formalizes operations budget as YFI rallies
Price and social media sentiment swoon in unison as Yearn Finance formalizes operations budget. 603 Total views 13 Total shares After a three-day voting period, this morning members of Yearn Finance’s decentralized governance approved Yearn Improvement Proposal 54 (YIP-54), formalizing an ongoing budget for operational expenses. YIP-54 aims to improve on previous proposals, including YIP-36 and…