Uniswap launches its own layer-2, Unichain

A former Signature Bank executive has been slammed for seemingly trying to place the blame for his bank’s collapse on crypto while purportedly being able to pocket millions in bonuses and stock options. During a Senate Banking Committee hearing on May 16, United States Senator Cynthia Lummis lashed out at Scott Shay, the former chairman of…

Bears remain in full control of the cryptocurrency market on Jan. 24 and to the shock of many, they managed to pound the price of Bitcoin (BTC) to a multi-month low at $32,967 during early trading hours. This downside move filled a CME futures gap that was left over from July 2021.Data from Cointelegraph Markets Pro…

Today stablecoin network PegNet cleared $500 million dollars in conversions, according to data from PegNetMarketCap.com. This means a half-billion dollars in value has moved over the platform’s rails since it launched in August 2019.PegNet is a decentralized non-custodial network of tokens that are pegged to different world currencies and assets, including gold, the euro, and…

Bitcoin (BTC) bulls laid most of their options at $24,500 and higher for the March 3 options expiry, and given the recent bullishness seen from BTC, who can blame them? On Feb. 21, Bitcoin price briefly traded above $25,200, reflecting an 18% gain in eight days. Unfortunately, regulatory pressure on the crypto sector increased and…

The legal leader at Big Four auditor PwC, Gunther Dobrauz, recently praised the people responsible for Cardano’s (ADA) development.A huge part of the futureIn a Mar. 3 tweet, Dobrauz claimed that he has long been saying that decentralization is the future. Furthermore, he added that the Cardano Foundation and the team surrounding IOHK CEO and…

This week's Bitcoin (BTC) chart leaves little doubt that the symmetrical triangle pattern is breaking to the upside after constricting the price for nearly 20 days. However, derivatives metrics tell a completely different story because professional traders are unwilling to add leveraged positions and are overcharging for downside protection.BTC-USD 12-hour price at Kraken. Source: TradingViewWill…

Bitfinex can hold on to documents pertaining to the alleged cover-up of an $850 million loss on its trading platform, the Appellate Division of the New York Supreme Court has ruled.Ongoing caseIn a Sept. 24 court order, appellate court justices David Friedman, Peter Tom, Troy Webber, Ellen Gesmer and Jeffrey Oing moved to stop a previous…

Artificial intelligence has come a long way in recent years, but there is still one milestone which is yet to be achieved: passing the Turing test.The premise is simple: an interrogator asks questions to a machine and to a human while sitting in a separate location, and receive the answers written down. If they can’t…

Warren Buffett and Berkshire Hathaway substantially cut their position on Wells Fargo, selling 100 million shares. The Oracle of Omaha is continuing to trim his position in bank stocks, buoying the bull case for gold and Bitcoin (BTC).Berkshire reportedly held $32 billion in equity in Wells Fargo at one point, Fox Business reported on Sep.…