Uniswap DEX community members have voted to create a Uniswap Foundation to support open source development The foundation intends to support the decentralized growth and sustainability of the Uniswap Protocol and its supporting ecosystem. Popular decentralized exchange Uniswap community members have voted for the creation of an independent foundation to spearhead open source development within …
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U.S. Congressman Tom Emmer has called on the Treasury Department to clarify issues relating to the sanction against Tornado Cash. In a letter sent to the Treasury on August 23, Emmer noted that sanctions have traditionally only applied to individuals or entities, not open-source software like Tornado Cash. I sent a letter to Treasury Secretary …
Input Output (IO) CEO Charles Hoskinson shut down claims that Cardano operates within a “hush-hush culture.” Hoskinson spoke out after developer Adam Dean publicly said the Vasil testnet is “catastrophically broken.” Meanwhile, Sebastien Guillemot shed light on his company culture experience and said Cardano devs are muzzled when talking about development roadblocks. However, in a live …
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Two Ethereum clients, Nethermind and Go Ethereum, have discovered bugs in their mainnet merge updates. Ethereum developer Péter Szilágyi first noticed the bugs and announced via Twitter that Geth 1.10.22 — Promavess — contains a regression. Aaand our latest release is borked. 😕 Geth 1.10.22 contains a regression that causes the trie/state to go bad. …
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Bradesco, one of the biggest banks in Brazil, has stated it does not have plans to enter the cryptocurrency market in the near future. In an interview, Bradesco CEO Octavio de Lazari Junior stated that the company was currently not interested in launching crypto services to its customers, considering the cryptocurrency market will be “very …
The law enforcement and counter-intelligence agency of Ukraine has managed to seize the funds in a cryptocurrency wallet used to finance the Russian military campaign in the country. Officials in Kyiv claim that money collected through the wallet has been spent on military equipment for the pro-Russian separatist forces in the east. Ukraine Seizes Crypto …
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Penny cryptos are digital currencies purchased for a few cents to $5 or less, and in this update, we will look at the Top 5 Best Penny Crypto to invest in 2022. Most cryptocurrency investors and traders find these assets appealing because of their low cost but high risk. If a penny cryptocurrency has long-term …
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China is making significant progress with its plans for a central bank digital currency (CBDC). The e-CNY is currently available in several Chinese cities. It can be accessed easily by citizens looking for an alternative way of paying for local buses and subways. China launches e-CNY payments for public transport Several local sources have confirmed …
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Coinbase has been one of the exchanges badly affected by the 2022 bear market. The exchange has now announced it will cut costs and change its business model to reflect these changes. Coinbase plans to cut costs A few weeks back, Coinbase released its financial results for the second quarter of 2022. The financial results …
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Fashion brands have pursued the non-fungible token (NFT) hype over the past year. Nike, a leading athletic apparel company, has been at the forefront in venturing into the NFT space, and its sales in these assets have surpassed most of the icon brands. Nike leads the chart in NFT sales The latest data on the …
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A closely followed crypto strategist believes that Bitcoin (BTC) is setting up bulls to believe that the $20,000 area could be the bear market bottom. Pseudonymous analyst Pentoshi warns his 600,100 Twitter followers that Bitcoin has touched support around $20,000 three times in span of about a month. “Things that look safe, but aren’t… Can …
The establishment of free economic zones that foster blockchain and cryptocurrency adoption in Armenia is bearing fruit as a local mining operator adds 60MW of capacity to its power plant-based facility. Cryptocurrency investment platform ECOS has been operating a mining center on the grounds of the Hrazdan Power Plant since 2018. Situated in the country’s …
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Bitcoin (BTC) lost a key bear market trendline last week as it shed almost 12%, but other chart data offers a silver lining for bulls. As noted by popular Twitter user Dave the wave on Aug. 24, long-term moving averages (MAs) are about to repeat classic bullish behavior. Analyst: Bulls could be about to “do …
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Australia’s financial regulator, Australia’s Securities and Investments Commission (ASIC) has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years. According to ASIC’s newly released “Corporate Plan” released on Tuesday, the financial regulator said it will be focusing on “digitally enabled misconducts” as “emerging technologies and products …
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Avalanche-based decentralized finance (DeFi) protocol Trader Joe claims it may have found a way to mitigate one of DeFi’s biggest weaknesses — impermanent loss. In a newly released white paper on Tuesday called the JOE v2 Liquidity Book, authored by Quant developers and researchers Adam Sturges, TraderWaWa, Hanzo and software engineer Louis MeMyself, the developers outlined …
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