Israeli crypto firm Ironblocks is spearheading a new security layer called Venn that will vet blockchain transactions before they’re executed, potentially averting multimillion-dollar attacks and hacks. Venn is a security product: its customers – lending protocols and beyond – will pay a small fee in exchange for what’s essentially an…
Twitter is currently swarmed by alleged reports of China’s unbanning of crypto. Tech pioneer Kyle Chasse took to social media and revealed that Bybit has opened registrations for Chinese users. Previously, the third largest offshore exchange strictly restricted Chinese users from using the platform. BREAKING: 🇨🇳is China Unbanning Crypto!? Bybit…
Following the announcement, UNI dropped over 5%, sinking below $10, and extending a week-long slide of around 10%. Uniswap Suspends Fee Switch Vote On May 31, the Uniswap Foundation announced the delay in a social media post, citing new concerns raised by an unnamed stakeholder. The organization highlighted the need…
–> The Uniswap Foundation, the organization overseeing the decentralized exchange Uniswap, delayed the vote for staking and delegation rewards slated for Friday. The postponement was due to a “stakeholder” discussing concerns with the Foundation that prompted more attention. UNI’s price fell following the announcement. “Last week, we announced that the…
The Uniswap Foundation Friday announced a postponement of a proposal upgrade vote that would have allowed rewards for UNI holders who staked and delegated their tokens. “Over the last week, a stakeholder raised a new issue relating to this work that requires additional diligence on our end to fully vet,”…
Gemini Earn users will get over $2 billion of their crypto back in kind, more than a year after the lending program folded, crypto exchange Gemini said in a statement. Those funds will be distributed in kind, meaning Gemini Earn customers who lent one bitcoin will receive one bitcoin back,…
As the FIT21 Bill moves to the Senate after garnering overwhelming bipartisan support in the House, many wonder how this legislation would, or even could, affect the classification and regulation of XRP, particularly on issues of its decentralized status. Bill Morgan’s Take on XRP and the FIT21 Bill As the…
The United States House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) with substantial bipartisan support. This crucial legislation aims to provide regulatory clarity and consumer protection for the fast-growing digital asset market in the United States. Bipartisan Support for FIT21 The FIT21 Bill,…
Ripple’s upcoming stablecoin launch is causing a stir in the crypto scenario, especially for the XRP Ledger ecosystem. During the recent XRP Las Vegas conference, Ripple’s Chief Technology Officer, David Schwartz, teased some exciting updates, including progress on the stablecoin. More details about this stablecoin will be revealed at the…
Amidst Ripple’s intense legal encounters with the US Securities and Exchange Commission (SEC), Garlinghouse’s comments carry significant weight, especially with Ripple nearing the launch of its stablecoin. Ripple CEO Brad Garlinghouse: XRP Is Not a Security, Stablecoin Coming Garlinghouse, in a conversation with Michael Arrington of Arrington Capital, stated that…