macOS of blockchains? Solana captures 60% of new DEX volume in May

Crypto markets take a turn for the worse after hitting record highs earlier in the week, with Bitcoin down 6% near the $60,000 level. 5366 Total views 16 Total shares Bitcoin (BTC) briefly fell below $60,000 on Oct. 22 as a correction after all-time highs deepened concerns about the market's strength.BTC/USD 1-hour candle chart (Bitstamp).…

For years, various blockchain projects were rumored to be future “Ethereum killers,” projects that would unseat Ether from its throne and usurp its title as the top digital asset. That day seems to have come, though it appears it was an inside job. Lido-staked Ethereum (stETH) and other liquid staking derivatives are primed to render…

Uruguayan Senator Juan Satori has introduced a draft bill to regulate cryptocurrency and enable businesses to accept crypto payments. Satori joins a growing list of politicians from South American and Spanish-speaking countries that are seeking to bring crypto adoption into the mainstream. The Senator is not proposing the use of crypto as legal tender as…

Bitcoin is unlikely to revisit the $77,000 price level anytime soon after the Fed signaled a slowdown in quantitative tightening (QT), says BitMEX co-founder Arthur Hayes. On March 10, Bitcoin (BTC) dipped near the $77,000 level for the first time since November, according to CoinMarketCap data. “Was BTC $77k the bottom, prob,” Hayes said in

The Swiss government will enforce new blockchain laws in less than a year. 1092 Total views 13 Total shares Switzerland’s Federal Department of Finance has initiated a consultation process for a blanket ordinance in the blockchain and distributed ledger technology space. The consultation will happen among cantons, parties and other interested groups in this space. It…

Amazon would only consider discussing the creation of its own cryptocurrency like Facebook’s Libra in several years’ time, a senior executive said at a conference on June 10.Speaking at Fortune’s Brainstorm Finance 2019 event, Patrick Gaulthier, vice president of Amazon Pay, said the kind of value transfer system Facebook unveiled this week was a step…

A recent SEC filing by Bitwise reveals plans to launch a new crypto innovators fund. 3723 Total views 9 Total shares Bitwise, one of the world’s largest cryptocurrency fund managers, has filed a new prospectus with the United States Securities and Exchange Commission, or SEC, to launch an exchange-traded fund for so-called “crypto innovators.” The fund…

While the developers did not give an exact date for the release, the team reiterated that their answer to all questions relating to the time frame is “soon.” 463 Total views 20 Total shares Own this piece of history Collect this article as an NFTThe developers of the dog-themed token Shiba Inu (SHIB) posted an…

The FBI arrested a New York resident for defrauding investors of at least $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation.