Uniswap Labs has shared some detail about its much-anticipated v4 release, which is currently undergoing active development. In a new post, the team behind the DeFi juggernaut Uniswap said it is thinking about the launch of the upcoming version in terms of three milestones. If no security issues or delays with respect Cancun hard fork...Read More
According to US Bankruptcy Judge Sean Lane, Genesis, whose repayment plan was pending approval, will first have to resolve its outstanding issues with FTX. The announcement came mere hours after Cameron Winklevoss’ ultimatum to DCG CEO Barry Silbert expired, meaning yet another lawsuit against Genesis’ parent company is also on the horizon. A response to...Read More
Bitcoin maximalists have proved to be highly staunch supporters of the crypto asset. For more than a decade, they have stayed as a united front, but the advent of Ordinals shook up the long-standing narrative. 2023 will be known for many things, one of them being – the Bitcoin community’s split into two warring factions....Read More
The crypto markets continue to consolidate as the global crypto market cap settles around $1.18 trillion, with a minor drop of 0.2%. Besides, the star crypto, Bitcoin, continues to trade within a narrow region as its dominance continues to rise. Amid the hustle among the major tokens, Solana is leading its own way towards higher...Read More
John Deaton, crypto lawyer and legal representative of XRP holders in the lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC), has disclosed that a recent class action brought against the company would most likely be made void if the firm wins the case. In a recent tweet, Deaton said the class action...Read More
Arthur Hayes, the co-founder and former CEO of cryptocurrency exchange BitMEX, believes bitcoin (BTC) will be chosen by artificial intelligence (AI) as the currency for their economic activities in the future. In a lengthy Substack essay posted on July 7, the American entrepreneur laid out reasons for his belief, presenting arguments and conclusions to prove...Read More
Winklevoss-owned crypto exchange Gemini has filed a lawsuit against Digital Currency Group (DCG) – the owner of the institutional crypto lending company Genesis – for committing “fraud” against the exchange’s customers. The lawsuit asserts that DCG and its CEO, Barry Silbert induced depositors to lend “huge amounts of cryptocurrency and U.S. Dollars” to Genesis through...Read More
Changpeng Zhao (CZ), the CEO and founder of leading crypto exchange Binance, announced that his company’s users, assets, and platform were unaffected by the recent hack on the cross-chain router protocol Multichain. The Binance boss tweeted that the exchange had finalized all asset swaps and closed deposits a while before the incident occurred. Binance Unaffected...Read More
Noah Perlman – Chief Compliance Officer of Binance – said he will continue working at the world’s largest cryptocurrency exchange. The company has been coping with serious regulatory problems recently, while some top executives resigned from their posts. CEO Changpeng Zhao (CZ) confirmed the departures, but claimed they were not related to the lawsuits coming...Read More
With the resurgence of bears within the markets, the majority of the cryptos are shedding some of their gains. In the meantime, the tokens do possess the possibility of a bullish rebound as they appear to hold some strength but have been failing to utilize it, which often turns out to be a major rejection....Read More
The Howey test for security relies on the buyer’s expectations to an extent. This is a major bone of contention when it comes to the 2018 class action surrounding the sale of XRP, which precedes the SEC’s lawsuit against blockchain firm Ripple. The investor class, in this case, was recently granted certification in a crypto...Read More
[PRESS RELEASE – Delaware, USA, July 7th, 2023] Creditcoin is excited to announce the release of its incentivized public testnet, enhanced with participation rewards and bug bounties. Users are now able to join the testnet as a validator or nominator and take an active role in this game-changing upgrade, while earning substantial rewards in the...Read More
The Federal Bureau of Investigation (FBI) reportedly searched the residence of Jesse Powell – founder and former CEO of crypto exchange Kraken – earlier this year. The investigation came a few months after a nonprofit organization accused him of hacking and cyberstalking activities. The FBI has targeted other crypto-related individuals in the recent past, with...Read More
[PRESS RELEASE – Road Town, British Virgin Islands, July 7th, 2023] Magic Square, the innovative Web3 app store that has firmly established its position as a pioneering and leading alternative to the iOS App Store and Google Play Store for Web3, announces a strategic investment from EMURGO Ventures (EMV). This crucial investment marks a key...Read More
Guilds has now entered βeta, a testing period in which we’re giving traders – new, existing and/or returning – the chance to not just win their share in the Guild Pot, our weekly prize pool, but share their input on what they’d like to see from our new take on social trading. Currently, 14 Guilds...Read More
Bitcoin dropped below $30,000 during the Friday morning Asian trading session. The asset had lost 1.5% on the day in a fall to an intraweek low of $29,750. It is the first time this month BTC has dropped below $30K following four separate rejections at resistance since it crossed the price barrier on June 2022....Read More
CryptoQuant – an on-chain data provider and market analysis platform – announced its completion of a Series A funding round on Thursday for an additional 8.5 billion KRW ($6.5 million). The raise brings CryptoQuant’s total raised funds up to 12 billion KRW ($9 million). CryptoQuant’s Global Recruitment Plans CryptoQuant’s funding was led by Atinum Investment...Read More
A slew of senior executives at Binance are reportedly fleeing en masse as the company grapples with a massive lawsuit from the Securities and Exchange Commission (SEC) and a Justice Department investigation into its CEO Changpeng Zhao (CZ). One executive – former Chief Strategy Officer Patrick Hillman – has already confirmed his departure. Chaos In...Read More
