Uniswap sees record monthly volume on L2 as DeFi demand flows back

Bitcoin (BTC) bulls jumped in to defend the $40,000 level after a devastating retest of the $38,000 support on March 7. The confidence and momentum that was building up earlier in the month was suddenly shattered after BTC failed to break $44,500 for the third time this month on March 2.The Bitcoin price rally on…

Crypto exchange OKEx has issued an official statement today, August 3, in response to its forced liquidation of a colossal misfired Bitcoin (BTC) futures trade worth a notional $416 million that was initiated by an unidentified problem trader earlier this week. OKEx, currently the world’s second largest exchange by traded value, has said that its…

A confidential United Nations report has revealed North Korean hackers stole more crypto assets in 2022 than in any other year so far.The UN report, seen by Reuters, was reportedly submitted to a 15-member North Korea sanctions committee last week. It found North Korean-linked hackers were responsible for between $630 million and more than $1…

Bitcoin (BTC) could soon shoot to $20,000 as a result of emergency measures from the United States Federal Reserve, also known as The Fed, one of the industry’s biggest firms has said.Fed echoes 2008 crisis movesIn a tweet on Sept. 18, Arthur Hayes, CEO of derivatives giant BitMEX, forecast that fresh quantitative easing (QE) would…

Nike has filed a trademark application for the phrase “Cryptokicks,” a document filed with the U.S. Patent and Trademark Office on April 19 shows.The footwear giant’s application describes offering crypto wallets and “downloadable mobile applications for providing access to crypto collectibles, crypto art and application tokens” — as well as operating an online marketplace featuring…

By doing so, they have helped regular people become known celebrities, many of whom now hold more influence than TV networks and print media outlets. The same can be said for music streaming services like Spotify and iTunes, which now allow musicians to skip record label deals and simply upload their songs directly to platforms…

Decentralized finance “may prove difficult to subject to regulatory requirements,” a regulatory adviser says. The European Commission’s newly proposed cryptocurrency regulations pose a specific risk for the decentralized finance (DeFi) industry, according to industry regulatory adviser XReg Consulting.Adopted by the European Commission on Sept. 24, the proposed Markets in Crypto-Assets (MiCA) regulations aim to strengthen consumer…

Bitcoin (BTC) stayed lower on Sept. 19 after yet another sudden bout of volatility sent the largest cryptocurrency below $10,000. Market visualization. Source: Coin360Bitcoin lingers in four-figure zoneData from Coin360 showed BTC/USD stabilize at just below $9,900 after falling $500 in minutes overnight. The behavior has become increasingly characteristic of Bitcoin in recent months, with long periods…

News headlines have recently covered how China's struggling economy poses significant risk to global growth. Economic activity and the flow of credit in the region are weakening and analysts are not convinced that the Chinese government’s interventions are a sufficient fix for what appear to be structural problems. For instance, industrial output in July increased by…