Uniswap DAO rejects plan to charge LP fees; UNI holders cite tax concerns
The proposal would have allowed Uniswap’s governing body to receive a percentage of the fees that currently go to liquidity providers. Go to Source Powered by WPeMatico
Month: June 2023
Fed board issues order to Silvergate Bank as part of self-liquidation plan
Silvergate Capital Corporation and its crypto-friendly bank will have 10 days to submit a self-liquidation plan in compliance with California and federal requirements. Go to Source Powered by WPeMatico
Money stored on mobile payment apps may not be FDIC insured, US watchdog warns
Deposits on mobile payment apps may not be insured by the FDIC, and customers may not know whether their money is insured or not. Go to Source Powered by WPeMatico
Scientists propose quantum proof-of-work consensus for blockchain
Boson sampling was once considered a problem looking for a solution. Now, it might be the bridge that brings quantum computing to the blockchain. Go to Source Powered by WPeMatico
Using AI in crypto? Do it at your own risk
My own exchange, Bitget, tried using AI to respond to customer inquiries — and the results reminded us that AI tools come with perils. Go to Source Powered by WPeMatico
Mysten Labs’ Sui Network partners with F1 Red Bull racing team
The Red Bull team signed a $150-million sponsorship deal with crypto exchange Bybit in 2022 ahead of the market crash and major bankruptcies in the space. Go to Source Powered by WPeMatico
Bitcoin price slips under $27K, but data shows BTC whales counter trading DXY strength
The US dollar index is encroaching on new year-to-date highs, but Bitcoin whale activity suggests this may be a dead cat bounce. Go to Source Powered by WPeMatico
What will Binance Australia services look like after debanking?
Binance suspended fiat on- and off-ramps by bank transfers in Australia, as well as trading for Australian dollar (AUD) pairs. Go to Source Powered by WPeMatico
Hong Kong-based First Digital Group launches redeemable USD-backed stablecoin
The Hong Kong trust company says the new FDUSD combines the stability of the U.S. dollar with the reliability of Asian regulation. Go to Source Powered by WPeMatico
Dogecoin investors accuse Elon Musk of insider trading in amended class-action lawsuit
“This is a securities fraud class action arising from a deliberate course of carnival barking market manipulation and insider trading,” said the amended complaint. Go to Source Powered by WPeMatico
