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Uniswap takes a step toward strengthening decentralized governance


Uniswap has announced plans to implement a new fee distribution mechanism if it receives the necessary approvals by May 31, 2024. It has further highlighted key figures from financial disclosures. What makes these developments imperative is that they come at a time when Uniswap is in the middle...

Bybit CEO Denies Rumors of Hack and Insolvency Amid Social Media Frenzy


Speculations regarding Bybit's potential hack or insolvency sparked concerns within the crypto community, prompting CEO Ben Zhou personally to step in to refute these claims.  The post Bybit CEO Denies Rumors of Hack and Insolvency Amid Social Media Frenzy appeared first on Cryptonews

Japanese E-commerce Giant Mercari Launches Ethereum Trading


The Japanese e-commerce giant Mercari has taken another step into the crypto sphere by launching Ethereum (ETH) trading services on its app. The post Japanese E-commerce Giant Mercari Launches Ethereum Trading appeared first on Cryptonews

US House Proposes Bill to Ban Cryptocurrency Mixers for Two Years


Led by Sean Casten and supported by fellow Democrats, the proposed bill seeks to enact a two-year ban on cryptocurrency mixers. This would mark a significant step towards addressing anonymity concerns and potential misuse in the digital currency realm. The post US House Proposes Bill to...

Payment Use Cases Fuel Increasing Stablecoin Growth


The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets.  The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin. ...

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