The newest governance proposal for the Uniswap DAO has been approved, marking the organization’s formal entry into the zero-knowledge technology. Polygon’s Zero Knowledge Ethereum Virtual Machine (zkEVM) is the target of this proposal, which discusses the implementation of Uniswap v3. Moreover, the proposal’s argument that now is the time to
April 14, 2023 1 min read
Binance, the biggest cryptocurrency exchange in the world, said on Tuesday that it has completed the 23rd quarterly BNB token burn mechanism, destroying 2.02M BNB tokens. Through the BNB Auto-Burn process, Binance hopes to lower the total number of BNB in circulation to 100,000,000. #Binance completes the 23rd Quarterly #BNB
April 14, 2023 2 mins read
Following March’s disappointing Consumer Price Index (CPI) statistics, the U.S. Bureau of Labor Statistics revealed Thursday that the PPI for final demand fell 0.5% in March. A 0.1% increase in the PPI was predicted for March, therefore the 0.5% increase was unexpected. Inflation as measured by the PPI in March
April 13, 2023 1 min read
On Thursday, the London Stock Exchange Group (LSEG) announced that beginning this year, it would facilitate trading and settlement for Bitcoin index futures and options derivatives. The London Stock Exchange (LSE) is now offering Bitcoin trading via a partnership with a digital trading platform. According to a report by Reuters
April 13, 2023 1 min read
It was announced on April 11 after Nikhil Wahi had pleaded guilty in a Manhattan court, that Coinbase had been awarded about $470,000 in damages. A crypto trader in this instance followed the advice given to him by his brother. The latter was employed by Coinbase Global. U.S. District Judge
April 12, 2023 2 mins read
Warren Buffett, the billionaire businessman renowned for his outspoken condemnation of Bitcoin and the cryptocurrency industry, has reaffirmed his stance. On Wednesday, as Bitcoin’s price rose beyond $30,000 and neared a 10-month high, he made the remarks. Buffett has said that the leading cryptocurrency, Bitcoin, is nothing more than a
April 12, 2023 1 min read
With the current increase in interest in artificial intelligence (AI), Blockchain with zero-knowledge (ZK) layer 2 CryptoGPT has raised $10 million in funding. The market maker DWF Labs, who has emerged as one of the most active investors during the cryptocurrency bear market, led the Series A round, which gave the
April 10, 2023 2 mins read
Tron founder and Huobi Global adviser Justin Sun said Monday that the company made $30 million in the first quarter. This development coincides with Justin Sun’s intention to apply for a Hong Kong license as a virtual asset service provider for Huobi. On April 10th, Justin Sun tweeted that Huobi
April 10, 2023 1 min read
The SEC has been arguing in court that XRP is unregistered security as part of its continuing legal fight with Ripple. The U.S Securities and Exchange Commission (SEC) may be correct that investors are purchasing XRP in the hopes that Ripple would win the ongoing action against the SEC, according
April 10, 2023 3 mins read
SHIB HODLER, who has 401.3K followers on Twitter, recently announced that Shiba Inu burned over 1.1 billion SHIB tokens in a single transaction within the last 24 hours. This means that the tokens were permanently removed from circulation, thereby reducing the total supply of SHIB tokens. BREAKING‼️1.1 billion $SHIB burnt
April 9, 2023 2 mins read