For the second month in a row, Coinbase‘s trading volume was lower than that of Uniswap, a decentralized cryptocurrency exchange. Uniswap’s spot market volume reached $71.6 billion in March, 45 percent greater than Coinbase’s. March was the highest volume month on the decentralized exchange since January 2022. Despite Coinbase’s volume
PancakeSwap, a decentralized finance (DeFi) protocol, has released version 3 of its automated market maker platform on BNB Chain and Ethereum, which brings with it increased speed and decreased costs. Liquidity providers will now be able to deploy capital at more granular pricing points, which will increase capital efficiency. Given
According to statistics compiled by Etherscan.io, three unidentified wallets have moved a total of 6,087,952,185,063 (6.08T) SHIB, valued at $65,445,484 ($65.44M), to a wallet affiliated with Coinbase and labelled “Coinbase 10” recently. The first wallet sent Coinbase 10 a whopping 1.92T SHIB, valued at $20.64M. The second wallet followed suit
The price of XRP is seeing upward momentum as the legal fight between Ripple and the United States Securities and Exchange Commission (SEC) continues to capture the attention of the crypto community. The first price shifts for XRP occurred on March 15 after the asset saw minimal increases. On March
Bitcoin (BTC), the world’s leading cryptocurrency, has seen a significant rebound from its recent lows, surging back to the $28,000 mark after hitting support levels. The cryptocurrency had sharply declined in the past few weeks, leading many to believe that the much-anticipated bull run might be over. However, the recent
Lisk, an open-source web3 platform, has introduced a new accelerator program. The program will provide grants of up to 250,000 CHF ($270K) per project to help finance the development of web3 solutions. The Javascript Software Development Kit (SDK) for Lisk streamlines the process of building web3 and sidechain apps that
Japan’s Financial Services Agency (FSA) has warned and classified four cryptocurrency exchanges – Bybit, MEXC Global, Bitforex, and Bitget – as “unregistered crypto asset exchange business operators.” The regulator confirmed that the listed crypto exchanges violated the “Fund Settlement Act” and conducted their operations without registration “at the time of
On March 31st, Justin Sun, founder of Tron, stepped down from his position as Grenada’s Ambassador to the World Trade Organization (WTO). Sun’s diplomatic status comes to an end amid the Securities and Exchange Commission (SEC) charged the Tron CEO with fraud and market manipulation. As my term as the
Allbridge has given the hacker who was responsible for a $573,000 vulnerability on its multichain token bridge an opportunity to reveal themselves as white hats and collect a reward. A person posing as a liquidity provider and swapper drained the pool of $282,889 in Binance USD (BUSD) and $290,868 worth
There was a tremendous upheaval in the technology industry in the United States in 2023, with over 60,000 people losing their employment in layoffs in only the month of January. Google, Microsoft, Amazon, and Salesforce, all major heavyweights in the tech industry, have announced large-scale layoffs for 2023. Last month,
