Uniswap, one of the leading decentralized exchanges (DEX), has experienced a significant drop of 6% in its value after the introduction of a new fee on crypto swaps involving Ethereum, USDC, and other cryptocurrencies. This move by Uniswap Labs comes as they seek additional funding to manage their operations. The decision to implement a fee
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In a significant move towards regulating crypto-assets, the Council of the European Union (EU) has adopted a directive aimed at enhancing cooperation amongst national taxation authorities. This directive, announced on October 17th, marks a proactive approach to navigate the ever-evolving digital economy. With comprehensive amendments to EU rules on administrative cooperation on taxation, the directive
Staking Ethereum (ETH) has become an increasingly popular choice for ETH holders rather than liquidating their assets. The Ethereum liquid staking derivatives finance (LSDFi) ecosystem has experienced significant growth this year, according to a recent report from CoinGecko. Despite the ability to withdraw ETH introduced in the Ethereum Shapella upgrade, the LSDFi sector has grown
The Fantom Foundation, a non-profit organization committed to nurturing the growth of the Fantom ecosystem, has been dealt a severe blow. Recent reports by CertiK, a renowned blockchain security firm, reveal that two Fantom Foundation wallets on both the Ethereum and Fantom Network fell victim to a phishing attack, resulting in a staggering loss of
Reddit has announced its plan to close down its long-standing blockchain-based rewards service called “Community Points.” This decision is mainly driven by scalability concerns, as mentioned in an official statement made by a Reddit team member on October 17. Despite recognizing potential opportunities for the service, Reddit acknowledges that it is not feasible to scale
The ApeCoin DAO has recently announced its collaboration with Forj, an NFT platform under Animoca Brands, to introduce an innovative NFT accelerator program. This partnership aims to enhance the functionality and value of the ApeCoin through the support of promising projects. The Ape Accelerator program, funded by the ApeCoin DAO, provides a platform for selected
The European Securities and Markets Authority (ESMA) recently issued a warning that investors in the European Union (EU) will not be adequately protected under the EU’s crypto asset market rules until the end of 2024, at the earliest. This comes despite the EU being the first global jurisdiction to endorse regulatory rules for crypto assets.
The crypto market is experiencing turbulence, leaving investors searching for a meme coin that will lead them to financial freedom. Among these is Doge Uprising ($DUP), a symbol of resistance against a future dominated by “Lizard men” and constant surveillance. This article explores the unique features of Doge Uprising and its potential to revolutionize the
False reports can have a significant impact on the cryptocurrency market, causing prices to surge or plummet within minutes. Recent events involving the US Securities and Exchange Commission (SEC), Bitcoin (BTC), Ripple (XRP), and Shiba Inu (SHIB) illustrate the volatility and vulnerability of the market to such reports. On October 16, various reports circulated suggesting
Blockchain enthusiasts and analysts have recently uncovered a significant transaction involving Ethereum co-founder Vitalik Buterin. It has been observed that Buterin’s wallet, known as “vitalik.eth,” transferred a substantial amount of $14.9 million worth of USD Coin (USDC) to the Gemini cryptocurrency exchange. This transaction has piqued the interest of the blockchain community, leading to various
