Uniswap sees record monthly volume on L2 as DeFi demand flows back
Uniswap has hit record monthly volume across Ethereum L2s and one analyst said it’s an early sign of Ethereum ecosystem outperformance.
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Ethereum ETF approvals becoming 'giant political issue' — Joseph Lubin
Ethereum co-founder Joseph Lubin expects several 19b-4 Ether ETF applications to get the green light but anticipates a long wait before they go public.

US housing dept mulls blockchain, stablecoin to pay and monitor grants: Report
The US Housing Department has discussed possibly using a stablecoin to fund grants and tracking it using blockchain, ProPublica reports. The US Department of Housing and Urban Development is reportedly looking to experiment with using blockchain and a stablecoin for some of its functions. The department, whose duties include overseeing social housing, has so far

3AC founders fined by Dubai regulator over OPNX exchange
OPNX CEO Leslie Lamb and executives Kyle Davies, Su Zhu and Mark Lamb were all issued a $58,000 fine for violating marketing regulations in the emirate. 279 Total views 2 Total shares The founders of the collapsed digital asset hedge fund Three Arrows Capital (3AC) Kyle Davies and Su Zhu are now facing a fine…

Galaxy Digital terminates BitGo acquisition, citing breach of contract
After announcing plans to acquire BitGo in May 2021, Mike Novogratz’s Galaxy Digital has eventually dropped the deal but is still pursuing a listing in the United States. 350 Total views 6 Total shares After more than a year of efforts to acquire the digital asset custodian BitGo, Mike Novogratz’s cryptocurrency investment firm Galaxy Digital…

India’s crypto tax provides little legal clarity for traders and exchanges
Earlier in February, Indian Finance Minister Nirmala Sitharaman announced a tax proposal that would bring the relatively unregulated digital asset space under the purview of tax authorities.The proposal includes a 30% income tax on crypto returns and a 1% tax deducted at source (TDS) by crypto exchanges on transactions above 10,000 Indian rupees ($133).The announcement…

AI-Driven Platform ‘Outperformed Stock Markets’ – And Now, It Is Focusing on Crypto
What if the volatility of cryptocurrencies could be eliminated, making crypto more of a feasible, mainstream investment?An established fintech company is working to achieve just that. Rise, which was founded in 2012, is planning to adapt its artificial intelligence (AI) trading technology to the cryptocurrency markets – enabling users to manage their investments and trade…

BadgerDAO reportedly suffers security breach and loses $10M
All smart contracts have been paused but users are urged to revoke permissions to the compromised smart contract to avoid any further losses. 14 Total views 1 Total shares The BadgerDAO decentralized finance protocol appears to have suffered from a cyber attack leading to the loss of a reported $10 million at the time of…

US Fed 'absolutely' ready to step in if liquidity dries up — Voting member
The US Federal Reserve is prepared to use its vast arsenal of monetary policy tools to prevent financial and economic conditions from deteriorating rapidly but will do so only if liquidity dries up or markets become disorderly, a top central banker said. In an interview with the Financial Times, Boston Fed President Susan Collins said