After COTI’s Bridge deployment, gCOTI now debuts on Uniswap V2


gCOTI is currently available on Uniswap V2, a leading decentralized exchange (DEX) that operates on the Ethereum blockchain. The gCOTI token had been successfully implemented on the COTI’s Bridge prior to this operation. Users will be granted the opportunity to contribute their portion...

Tether’s USDT and Chinese Blockchains Face Potential U.S. Government Ban


Source: Washington DC The U.S. lawmakers are proposing a bill aiming to prohibit the U.S. government officials from transacting with Tether’s USDT, China-based blockchain networks, and “other foreign adversaries.” The U.S. Representatives Zach Nunn (R-IA) and Abigail Spanberger (D-VA) have...

NFT Giant Opensea Retrenches an Unknown Number of Employees


Opensea recently retrenched an unknown number of employees as part of what the CEO Devin Finzer describes as a rebuilding exercise. According to the CEO, taking this step helps Opensea build a foundation which enables it to innovate faster. Smaller Team With Direct Connection to Users Opensea,...

Polygon Labs to build zkWasm L2 Prover with NEAR Foundation


Polygon Labs and NEAR Foundation are finalizing an agreement to produce a zero-knowledge (ZK) prover for Wasm blockchains. Connecting Wasm-oriented chains to the Ethereum ecosystem, which will also have an expanding number of multichain Polygon CDK chains, will be facilitated by a zkWasm prover....

Gary Gensler: Crypto Frauds Extend Beyond a Single Case


Image Source: CNBC Gary Gensler, Chair of the Securities and Exchange Commission (SEC), has issued a warning about the prevalence of fraud in crypto, stating that there are multiple “notorious fraudsters” operating in the space. Gensler’s comments come on the heels of the criminal...

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