Uniswap Leads DEX Market Cap, But Curve DAO Dominates Trading Volume

According to recent insights from @intotheblock, Uniswap ($UNI) remains the largest decentralized exchange (DEX) token by market cap, commanding between 60-85% of the total market share. However, despite its dominance in market value, Uniswap struggles with trading volume, largely due to its limited use cases and lack of enticing pool incentives. In contrast, Curve DAO … Read more

Sui Network Poised To Become A Revolutionary Blockchain

Sui Network ($SUI) is making waves in the blockchain space, positioning itself as one of the most innovative platforms in the world. Currently, the network is testing a groundbreaking concept—using radio waves to conduct crypto transactions without the need for internet connectivity. This could potentially address one of the most significant limitations in the blockchain … Read more

Nigeria Resumes Dollar Sales to Money Changers Amid Naira’s Decline

The Central Bank of Nigeria resumed selling US dollars to money changers to address the falling value of the naira. This decision came after the naira-to-dollar exchange rate dropped to a low of NGN1,639 per dollar, likely due to increased demand for US dollars for travel and business. The central bank has outlined rules for … Read more

Putin Acknowledges Russia as a Bitcoin Mining Leader; 54,000 BTC Mined in 2023

During his speech at the Eastern Economic Forum, President Vladimir Putin stated that Russia had become one of the world leaders in bitcoin mining. He explained that this was made possible due to the energy surplus that can be leveraged in areas like Siberia, but also warned that these activities should not hinder the region’s … Read more

Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities

The Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians. This comes just two weeks after approving two crypto exchanges and promising to consider similar applications. The SEC aims to protect investors without hindering innovation. To achieve this balance, Emomotimi Agama believes Nigeria needs a clear regulatory … Read more

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