SushiSwap CTO reveals why the project isn’t scaling on Optimism anytime soon
Joseph Delong feels that rival DEX Uniswap had preferential treatment from the L2 solutions provider. Go to Source Powered by WPeMatico
Month: August 2021
Uniswap has now generated more than $1B in fees for liquidity providers
More than $1 billion in fees have been generated for Uniswap’s liquidity providers since its November 2018 launch. Go to Source Powered by WPeMatico
Chilean Peso stablecoin goes live on Stellar Network
Chilean Peso-pegged stablecoin CLPX launched on Stellar this week, and is hoping to gain traction in the remittance and copper markets. Go to Source Powered by WPeMatico
Poly Network Defi Hacker Returns a Large Fraction of Tokens, Chainalysis Evaluates Hacker’s Onchain Movements
On August 11, the blockchain intelligence firm Chainalysis published its findings on the recent Poly Network hack which saw the loss of approximately $611 million crypto tokens. The assessment from Chainalysis backed up the claims made by the security company called Slowmist that shows the hacker left a fingerprint on the relatively unknown exchange Hoo.com. … Read more
Dutch Bitcoin family reveals how they safeguard a fortune in crypto
Hardware wallets and a range of secure, but unusual locations, is the storage method of choice for this crypto family. Go to Source Powered by WPeMatico
Approval incoming? Valkyrie becomes fourth firm to apply for BTC futures ETF
Asset managers apear hopeful the SEC will be more open to Bitcoin ETFs tied to futures contracts than those focused on the spot markets. Go to Source Powered by WPeMatico
Kevin O’Leary Buys More Crypto, Gets Paid in Crypto, Partners With FTX Exchange
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, is increasing his cryptocurrency allocation. He is also taking an equity stake in the FTX crypto exchange and has signed a multi-year deal to become its ambassador and spokesperson. He will be paid in crypto for his services. Kevin O’Leary Increasing His Crypto Allocation Shark Tank’s Kevin … Read more
Poly Network hacker returns $258M, conducts AMA on how it went down
$258 million worth of stolen crypto assets have been returned so far and the hacker claims they are keeping the rest of the funds safe while they negotiate with Poly. Go to Source Powered by WPeMatico
SEC Asking for Jurisdiction Over All Crypto Exchanges Is ‘a Blatant Power Grab,’ Says Lawmaker
U.S. Congressman Patrick McHenry has slammed the U.S. Securities and Exchange Commission (SEC) for asking for jurisdiction over all crypto exchanges, including non-securities ones. He called it “a blatant power grab that will hurt American innovation,” adding, “We don’t need another backroom deal between Gensler and Elizabeth Warren.” Lawmaker Slams SEC for Blatant Power Grab … Read more
Nasdaq-Listed Metromile Invests $1 Million in Bitcoin — Sees Rapid Growth in Global Cryptocurrency Adoption
The Nasdaq-listed auto insurance company Metromile has purchased $1 million in bitcoin. The company plans to “become the first insurance company to allow policyholders the option to pay for insurance and receive payment for eligible claims in either bitcoin or dollars.” Auto Insurance Platform Adds Bitcoin to Balance Sheet The Nasdaq-listed insurance company Metromile Inc. … Read more