The Uniswap community is poised to vote this Friday on a pivotal proposal concerning the activation of protocol fees in V3 pools. This comes as the Uniswap Foundation, a nonprofit dedicated to supporting the decentralized exchange’s expansion, has publicly disclosed its financial standing as of the first quarter. As reported, the Foundation is in possession […]
Uniswap Nears Vote on Protocol Fee Changes Read More »
In a significant development for the decentralized finance (DeFi) sector, Uniswap Labs has officially responded to a Wells notice from the Securities and Exchange Commission (SEC), which indicated potential enforcement actions. Uniswap’s 43-page submission articulates why the regulatory body should refrain from legal actions against the platform. Uniswap clarified that it operates not as a
Uniswap Responds to SEC: Defending DeFi’s Autonomy Read More »
Bitcoin, the pioneer of cryptocurrencies, still reigns as the largest by market capitalization, but it is not without its limitations. These include a slow consensus mechanism, limited data capacity, and an absence of smart contract capabilities, which significantly restrict Bitcoin’s integration into the thriving decentralized finance (DeFi) sector. Addressing these issues, Lorenzo Protocol has introduced
Lorenzo Protocol Revolutionizes Bitcoin Staking Read More »
Solayer, a startup aiming to build a restaking ecosystem on Solana, launched its invite-only restaking deposits on Thursday afternoon. The initial deposit period was capped at $20 million, allowing users to restake SOL or deposit liquid staking products such as mSOL, bSOL, JITOSOL, and INF. This private access launch positions Solayer as a key player
Solayer Opens Restaking Deposits on Solana Read More »
The recent announcement by Lightning Labs CEO Elizabeth Stark at the Financial Times Crypto and Digital Assets Summit has sparked considerable interest in the cryptocurrency community. Stark revealed that the developer behind Bitcoin’s Lightning Network has successfully tested a protocol allowing for the issuance of stablecoins on the Bitcoin blockchain. The new protocol, dubbed the
Bitcoin’s Leap to Stablecoins on Lightning Read More »
Joe Lubin, Ethereum co-founder and a pivotal figure in the cryptocurrency world, recently voiced strong criticism against the U.S. Securities and Exchange Commission (SEC). At the Financial Times Crypto and Digital Assets Summit, Lubin expressed concerns that the SEC’s recent enforcement actions against various crypto firms were primarily designed to instill “fear, uncertainty, and doubt”
Lubin Critiques SEC’s Crypto Stance Read More »
Saga, a layer-1 blockchain designed primarily for gaming, has recently created significant buzz with its mainnet and token launch, propelled by a unique play-to-airdrop campaign and incentives for DeFi stakers across different networks. The excitement continues with its vibrantly named “Power-Level Over 9,000” campaign, a nod to the iconic “Dragon Ball Z” meme, unveiled in
Saga’s Gaming Blockchain Surge Read More »
LayerZero Labs, a key player in blockchain interoperability, has taken a significant step towards rewarding its community by completing a crucial snapshot in anticipation of a potential airdrop. This snapshot, captured at 11:59:59 PM UTC on May 1, 2024, marks the cutoff for transactions eligible for the airdrop, as announced via a graphic on the
LayerZero Prepares for Airdrop Read More »
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