In a significant move to broaden its accessibility, Uniswap, the world’s largest decentralized cryptocurrency exchange, recently announced the launch of a closed beta version of its Android mobile app. This development comes after the exchange had been exclusively available on PC and iOS devices, limiting its reach to a specific user base. With the introduction
As Bitcoin approaches its highly anticipated halving event in April 2024, the attention of blockchain analysts is shifting towards the emerging AI trading platform, yPredict. This innovative platform has garnered significant interest, particularly in light of predictions made by renowned crypto analyst PlanB. According to PlanB, Bitcoin is poised for a bullish phase that is
The recent remarks by Charles Hoskinson, the founder of Cardano, regarding the US Securities and Exchange Commission’s (SEC) treatment of Ethereum have generated significant debate within the crypto community. In an X (formerly Twitter) AMA session, Hoskinson expressed his opinion on the SEC’s alleged regulatory free pass to Ethereum, highlighting what he perceives as unequal
The Shiba Inu community has recently been targeted by fraudulent emails circulating in the space. Shibarmy Scam Alerts, a Twitter account dedicated to protecting against fraud and bad actors, has issued a warning to the community, urging them to refrain from opening these deceptive messages. The team behind Shibarmy Scam Alerts emphasized the importance of
Aditya Baradwaj, a former engineer at Alameda Research, has exposed the detrimental effects of lax security practices within the now-defunct company. Surmounting losses nearing $200 million can be attributed to the prioritization of rapid company expansion over crucial risk management protocols by the founder, Sam Bankman-Fried (SBF). According to Baradwaj, Alameda Research encountered three major
Gas fees on the Ethereum network have experienced a significant decline in recent times. On October 8, 2023, the average gas fee recorded was 8.8 Gwei, the lowest it had been since October 2, 2022, when it was 8.4 Gwei. This decline can be attributed to a decrease in user engagement across various platforms and
In a recent unfortunate turn of events, Lido Finance, an Ethereum staking protocol, experienced a series of slashing incidents caused by infrastructure and signer configuration issues. This article delves into the incident, highlights the impact on Lido Finance and its stakeholders, and explores the lessons learned from this unfortunate event. On October 11, at approximately
Two U.S. Senators, Elizabeth Warren and Angus S. King, Jr., have stepped up their efforts to prompt the U.S. Department of the Treasury and the Internal Revenue Service (IRS) to expedite the implementation of proposed tax reporting rules for cryptocurrency brokers. In a joint letter to the regulators, the senators expressed their concerns regarding the
Extending its presence in the decentralized finance (DeFi) industry, Tangible protocol launched the real estate-backed stablecoin USDR. However, the recent events have revealed vulnerabilities in the stability of the coin’s peg to the U.S. dollar. A rush of redemptions led to a drain of liquid assets, including Dai (DAI), from USDR’s treasury. As a result,
Bitstamp, one of the leading cryptocurrency exchanges, has made the decision to discontinue its services to customers in Canada. The announcement was made by CEO Bobby Zagotta, and it is set to take effect on January 8, 2024. While the reasons behind this withdrawal remain unclear, Bitstamp expressed its gratitude towards its Canadian customers and
