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Requiring DEXes to register with SEC like other exchanges is 'impossible', says Coinbase CLO
15.6.2023
“The SEC is attempting to front run Congressional action by baking unsupported assumptions about its crypto jurisdiction into the proposed rules," said Paul Grewal
No Billion Crypto Users Without ‘Wallets That Work Like Modern Technology’ — Binance Head of Product
14.6.2023
While the blockchain and decentralized finance are often touted as the future of finance, according to Binance’s head of product Mayur Kamat, more people will become comfortable using these when there are crypto “wallets that work like modern technology.” For Kamat, an early...
Ripple Does Not Care Whether XRP Is 'Sufficiently Decentralized'
13.6.2023
Uniswap Unveils Game-Changing Version 4 With Customizable Liquidity Pools via Innovative Hooks
13.6.2023
On June 13, the largest decentralized exchange (dex) in terms of global trade volume, Uniswap, published a summary of the dex platform’s Version 4 and an early implementation of the code. Uniswap states that the dex version will offer a variety of new features, including a method to customize...
U.S. SEC Out-of-Bounds in Dragging DeFi Into Proposed Exchange Rule, Industry Says
13.6.2023
The U.S. Securities and Exchange Commission (SEC) wants to stretch how it identifies exchanges it needs to regulate, and the agency’s inbox is jammed with crypto industry letters accusing it of reaching well beyond its legal powers and potentially forcing rules on services the platforms need, such...
Uniswap releases version 4 code, allowing for new types of liquidity pools
13.6.2023
The new version features “hooks” that will allow for more customized options, but it will not be implemented until more feedback is obtained from the community
Sturdy Finance Falls Victim to Exploit, Losing 442 ETH in Latest Defi Hack
12.6.2023
Decentralized finance (defi) platform Sturdy Finance was exploited on Sunday evening, losing 442 ether to an attacker. The team behind the project stated that it is aware of the reported exploit and paused markets at 10:19 p.m. ET. 442 Ethereum Worth Over $766K Siphoned From Sturdy Protocol...
Potential Venus Protocol Liquidation Raises Concerns in BNB Community
12.6.2023
Crypto market observers are currently focusing on the Venus Protocol this week as the protocol grapples with a possible liquidation of binance coin (BNB). The hacker who exploited the BNB blockchain managed to secure $150 million in stablecoins through the use of Venus. If the price of BNB slips...
Notions of DAO Immunity Sink as CFTC Lawsuit Declares Ooki DAO a ‘Person’ Under the Law
11.6.2023
On June 9, 2023, the Commodity Futures Trading Commission (CFTC) declared victory in a lawsuit against Ooki DAO, a decentralized autonomous organization. According to the CFTC, the judge’s ruling that the Ooki DAO is a “person” under the Commodity Exchange Act sets a new legal...
Smart Contract Tokens and Defi Sector Suffer Steep Losses, Threatening TVL to Fall Below $40 Billion
10.6.2023
The overall value of the crypto economy has dropped by more than 5% against the US dollar in the past 24 hours, with the top smart contract token sector losing more than 8% in the same time frame. The downturn has also affected the decentralized finance (defi) sector, with the total value locked...
Lens Protocol Raises $15 Million to Augment Decentralized Social Media – Next Twitter Competitor?
9.6.2023
Aave’s Lens Protocol, a social layer for web3, has raised $15 million in funding to develop decentralized blockchain-backed social media.
According to a June 8 blog post, IDEO CoLab Ventures led the funding round alongside other VCs, such as General Catalyst, Variant, Blockchain Capital, and Palm...
Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges
9.6.2023
DEXes are not securities exchanges argues crypto venture firm Paradigm
World Mobile eyes African rollout after decentralized wireless field tests
8.6.2023
World Mobile announces the completion of DeWi technology field tests in Kenya, Mozambique and Nigeria, bringing a full African rollout one step closer
The Bitcoin Rich List: An In-Depth Look at the Largest Bitcoin Wallets in Existence Since 2014
7.6.2023
Over the past decade, several bitcoin wallets have been named the largest in existence. However, since 2021, Binance has controlled the largest bitcoin address, which currently holds 248,597 BTC and is worth approximately $6.66 billion. Just over nine years ago, the largest wallet belonged to...
Jack Dorsey courts controversy by claiming ETH is a security
7.6.2023
Since Binance and Coinbase were sued for offering unregistered securities, Dorsey has tweeted posts promoting a focus on Bitcoin development
SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%
7.6.2023
Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days
Unigrid Secures $25M Investment Commitment from GEM Digital, Partners WeSendit, Targets Cloud Giants
6.6.2023
PRESS RELEASE. June 6th, 2023: Unigrid, a pioneering force in the development of a decentralized and anonymous Internet, is excited to announce a significant milestone, a new strategic partnership, and an ambitious market positioning. Unigrid has recently secured a $25 million investment commitment...
Alabama Securities Regulator Issues Show Cause Order to Coinbase, Joined by 9 Other States, Over Unregistered Securities
6.6.2023
After Coinbase was sued by the U.S. Securities and Exchange Commission (SEC), the Alabama Securities Commission (ASC) filed a show cause order against Coinbase and directed the company to show cause on why the firm should not cease and desist from selling unregistered securities in the state....
More Crypto Holders Now Realize the Importance of Having an Inheritance Plan — Venket Naga, Serenity Shield CEO
6.6.2023
According to Venket Naga, the CEO of Serenity Shield — a privacy-preserving decentralized application — many of today’s crypto holders understand the importance of not just protecting and preserving their assets but the ability “to pass them on in case of unexpected events.”...
Dev shares how ENS plays a role in decentralized social media
6.6.2023
Makoto Inoue highlighted that Web3 socials are not limited to online platforms but can also be applied offline, putting records of having met people in the blockchain