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Search Results for: uniswap

Leading DeFi Protocol Compound Releases New Upgrade

The release is the result of a successful governance proposal. As of right now, customers may only withdraw their collateral. To simplify the process of borrowing and lending cryptocurrency, Compound, the leading DeFi protocol, has released a new “streamlined” version of the protocol dubbed Comet. The release is the result

August 26, 2022 2 mins read

Major Crypto Exchange Plans to Develop ‘NFT Financialization’

Uniswap is in discussions with 7 NFT lending firms, to establish NFT financialization. The platform has recently acquired the NFT marketplace aggregator, Genie. The major cryptocurrency exchange platform, Uniswap is currently showing an interest in the NFT financialization. As per the recent tweet from Uniswap’s head of NFT product, Scott

August 25, 2022 2 mins read

3 Blockchain Projects Contains DEX Functionalities

According to CMC, Uniswap has a $5 billion Market Cap. Solana has a $12 billion Market cap as per Coinmarket cap. Platforms for decentralized exchanges (DEXs) are among the essential components of the DeFi ecosystem and are gaining popularity among cryptocurrency users. Uniswap (UNI), Solana (SOL), HUH Network (HUH) are

August 25, 2022 2 mins read

Attackers on Ronin Bridge Made Off  $625M Switch Money to Bitcoin

The assets taken from Ethereum have been transferred by Ronin hackers . Most of the stolen funds were first converted to ETH and sent to Tornado Cash. The Ethereum assets that were taken by Ronin hackers have been moved to the Bitcoin network. The hackers who carried out the $625

August 22, 2022 2 mins read

Tornado Cash Sanctions Criticized by Kraken’s CEO Jesse Powell

Jesse Powell, called the federal restriction on Tornado Cash, “unconstitutional.”  Uniswap’s creator emphasized his opinion that there was a gap in the market. Tornado Cash, a crypto privacy mixer, gained notice last week when it was sanctioned by the U.S. Treasury Department. The sector as a whole is beginning to

August 17, 2022 2 mins read

Tornado Cash Linked Sanctioned Addresses Blocked by Aave

Reputable ENS addresses apparently got 0.1 ETH from sanctioned addresses. A Tornado Cash developer was apprehended in the Netherlands yesterday. The Office of Foreign Assets Control (OFAC) of the United States Treasury Department has sanctioned crypto mixer Tornado Cash, dealing a blow to the crypto sector. Several Twitter users have

August 13, 2022 2 mins read

Celsius CEO Alex Mashinsky Reportedly Sells 17,475 CEL Tokens

Mashinsky’s wallet traded 17,475 CEL tokens for $28,242 in ether (ETH). The CEO had more tokens than the next four holders combined. Crypto intelligence outfits Nansen and Arkham Intelligence have identified a $CEL address associated with Celsius CEO Alex Mashinsky that has liquidated part of its assets for the first

August 10, 2022 1 min read

Vitalik Buterin Dumps 25 Trillion Tokens Received Via Airdrop

Vitalik receives token airdrops from a number of projects for free exposure. Two years earlier, Ryoshi delivered Vitalik half of the SHIB in circulation. Shit tokens are willing to do everything in order to earn free exposure. Ethereum co-founder Vitalik Buterin got 25 trillion SHIT tokens as part of an

August 7, 2022 2 mins read

 Is the Crypto Market Back on the Uphill Trend?

Market cap of BTC rose up to $438 billion after a 7.56% gain. According to CMC, the top gainers of the day are LDO, SNX,BCH, BTG and UNI. The crypto market has popped into the recovery path after a horrible episode of crashes over the past few months. It has

July 28, 2022 2 mins read