Uniswap Labs, UNI holders could make $468M a year from new L2: DeFi Report
Uniswap Labs and UNI tokenholders will benefit the most from Unichain, while ETH holders will likely see the biggest loss, says DeFi Report founder Michael Nadeau.
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Multichain DEXs are on the rise with new protocols enabling them
Decentralized exchanges (DEXs) have become increasingly popular in recent years due to their ability to offer users a high degree of control over their assets and a more secure trading environment than centralized exchanges. However, one major limitation of DEXs is their inability to support cross-chain and margin trading. There are multiple decentralized exchange protocols that…
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Crypto’s phoenix moment: Rising stronger amidst scandals and volatility
In the wake of notable collapses, fraud and skepticism — including the notorious FTX fall and subsequent trial of its leader, Sam Bankman-Fried — the cryptocurrency industry found itself under unprecedented scrutiny. Navigating through the aftermath of these crises, the crypto world has undergone substantial reflection and reshaping. Despite the remaining challenges and uncertainties, there
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Bitcoin price flash spikes to $50K on Binance after USD Coin peg snaps
The panic caused due to USD Coin's (USDC) depeg from the U.S. dollar manifested itself in a wrong order, costing traders $50,000 per Bitcoin (BTC), albeit for several minutes.Bitcoin price sees $50K in "fat finger" error The BTC/USDC pair on Binance flash spiked to $50,000 on March 12 around 7 pm UTC. The reason for the impulse…
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Bored with Bitcoin price, traders chase gains in altcoins and DeFi tokens
Bitcoin price is sideways and pinned below $11K, leading traders to seek greener pastures in altcoins and DeFi tokens. For the few weeks Bitcoin (BTC) price has moved within a $850 range and recently the price resumed the trend of daily higher lows. Despite this, $11,000 remains a hurdle the price has struggled to overcome but…
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Travelers can now get US passports in as little as 4 weeks with Bitcoin
“Offering travelers the ability to pay via Bitcoin feels like the right move at the right time.” 1664 Total views 21 Total shares A California-based visa and passport processing company announced it would be accepting Bitcoin as a form of payment as the U.S. State Department's operations are beginning to return to normal.According to a…
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Ether ETF opens the floodgates for Solana ETFs and crypto products: Analyst
The market could even see the launch of new crypto ETFs with mixed exposure to Bitcoin and Ether, according to prominent ETF analyst Balchunas.
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Head of Portugal central bank deems crypto unsustainable, calls for global regulation
Mário Centeno praised the European Union’s first comprehensive crypto framework, MiCA, but insisted on further international consolidation of regulatory efforts. 379 Total views 5 Total shares Mário Centeno, the governor of Banco de Portugal, joins a chorus of regulators claiming that national efforts to oversee crypto wouldn’t work correctly without a global framework. A section of
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California DMV to digitize car title management system via Tezos
The California Department of Motor Vehicles (DMV) is testing out the digitization of car titles and title transfers via a private Tezos blockchain. The move is part of a collaboration between the California DMV, Tezos and blockchain software firm Oxhead Alpha, with the latter announcing t successful proof-of-concept on Jan. 25. The California DMV has…