Category : EthereumWorldNews

EthereumWorldNews

Uniswap Labs Launches UniswapX Protocol For Trading Across AMMs

DeFi exchange Uniswap has launched a new open-source blockchain protocol called UniswapX.& UniswapX will enable trading across automated market makers and other liquidity sources.& The new protocol is expected to provide users with more liqu...

DeFi Users Lost $419 Million To 386 Exploits In 2023 H1: Report

Projects in the web3 and decentralized finance spaces lost nearly half a billion dollars to hacks and exploits in the first half of 2023.DeFi accounted for a bulk of the incidents with over 386 exploit cases and $419 million in cryptocurrencies stol...

Banks Could Flock To Ripple’s XRP After Partial Victory, Company CLO Tells CNBC

Ripple’s Chief Legal Officer Stu Alderoty said the company hopes this quarter will generate conversation within the U.S. financial system and incentivize customers to use XRP for cross-border settlement.Alderoty told CNBC that banks could turn...

L2 Network Mantle Introduces Mainnet Alpha With Modular Design For Easy Upgrades And Security

Mantle’s team said the modular design will allow for quick future upgrades, making it simple to onboard Ethereum updates.The design which splits blockchain activity across separate layers also offers users cheap transactions on a high-performance bl...

Cathie Wood’s Ark Invest Sells Coinbase Shares Worth $53 Million At Yearly High

Cathie Wood’s Ark Invest has sold nearly half a million Coinbase shares worth over $53 million.& The sale was made by three of Ark’s leading funds including the Ark Innovation ETF and Ark Fintech Innovation Fund.& Coinbase’s stock was tradin...

Coinbase Stock Tanks 9% After Suspension Of Staking In Four US States

Coinbase has paused staking services in four U.S. states, including California and New Jersey.& The suspension comes a month after ten states initiated proceedings against the exchange over its staking product.& CEO Brian Armstrong previousl...

Arkham Releases Bounty and Trading Rulebook For Intel Exchange Users

Arkham’s Intel Exchange will only support publicly verifiable data, info on hacks, sources of alpha, and market movement analysis.The guideline is part of Arkham’s response to privacy concerns voiced by the community ahead of the July 18 launch.Reve...

FTX And Celsius Bankruptcy Claims Go Live On Su Zhu’s Open Exchange

Open Exchange is now offering trading of bankruptcy claims held by customers of FTX and Celsius.& The bankruptcy claims trading platform is offering immediate liquidity to stranded claims holders.& OPNX recently partnered with Hong Kong Digi...

Celsius Founder Alex Mashinsky Issued $40 Million Bail In DOJ Fraud Case

Former Celsius CEO Alex Mashinsky will be released on a $40 million bail agreement following his arrest on Thursday.Mashinsky was detained by the U.S. Department of Justice on claims that he defrauded investors and raised billions through illegal fi...

XRP Up 60% On The Day As Crypto Exchanges Resume Trading For Ripple’s Token

Coinbase, KrakenPro, and Crypto dot com are some of the crypto exchanges that reopened trading for XRP after a partial ruling in Ripple’s favor.Winklevoss-founded platform Gemini also said it is mulling listing Ripple’s coin for spot and...

Multichain To Shut Down Protocol, Team Say CEO’s Sister Was Arrested After Moving $220 Million In User Funds

The CEO’s sister was arrested in China days after she moved $220 million in user funds to wallets under her control.Multichain’s team also confirmed the news that CEO Zhaojun was arrested by China police in May.The project will shut down operations...

Coinbase Relists XRP After Court Rules It’s Not a Security

In welcoming news for crypto fans, crypto exchange Coinbase has made the announcement today that it will be relisting XRP (XRP) on the XRP network subject to liquidity requirements being met. Trading of XRP is expected to commence later today. C...

Crypto Industry Leaders Applaud Ripple After Judge Rules XRP Is Not A Security

The judge overseeing the SEC’s lawsuit against Ripple has ruled that XRP cannot be considered an investment contract.& Crypto leaders including Gemini’s Cameron Winklevoss and Cardano’s Charles Hoskinson congratulated Ripple for its victory.&...

Bitget Says It Is Debt Free With Over $1.4 Billion In Reserves

Bitget’s monthly proof of reserves showed that it had a reserve ratio of a whopping 223%.The crypto exchange claimed that it had no outstanding debts or liabilities and had a reserve of $1.4 billion.& The exchange’s reserve ratios have reportedl...

Celsius And Founder Alex Mashinsky Defraud Investors Of Billions, SEC Filed In Manhattan

The New York Attorney General and the CFTC accused Alex Mashinky’s Celsius of rule-breaking. ‘A court-appointed examiner said the trouble crypto firm operated similarly to a pyramid scheme.Court documents also show that CEO Alex Mashinsk...

Celsius And Founder Alex Mashinsky Defrauded Investors Of Billions, SEC Filed In Manhattan

The New York Attorney General and the CFTC accused Alex Mashinsky’s Celsius of rule-breaking. ‘A court-appointed examiner said the trouble crypto firm operated similarly to a pyramid scheme.Court documents also show that CEO Alex Mashins...

Wallet Enables BTC, USDT & TON Payments For Merchants On Telegram

TON blockchain’s Wallet has enabled in-app crypto payments for merchants on Telegram.& Merchants can now send and receive USDT, BTC, and TON on the messaging app.& Wallet’s existing crypto payment services for users on the app have attracted...

Polygon To Transition MATIC Tokens To POL Coins If Community Approves Roadmap 2.0 Update

The major technical upgrade is part of Polygon’s roadmap 2.0 and is subject to community approval.The new POL token would replace MATIC as Polygon’s native token and introduce Multichain validation across the L2’s ecosystem.Users will have at least...

Binance Labs Invests $15 Million In Xterio Ecosystem For Game Development

Binance’s investment arm has committed $15 million to Web3 gaming startup Xterio.& Xterio plans to use the funds for developing games and integrating artificial intelligence in its tech development.& The Web3 gaming startup’s founding team i...

Google Play Enables Support For NFTs In Apps & Games

Google has rolled out native support for tokenized digital assets in apps and games on the play store.& The tech giant will allow developers to offer games and apps enabled with trading of NFTs.& Experts saw the latest policy change as a pos...

USDC Issuer Circle Announces Layoffs; Will Shift Focus On Core Activities

Circle has decided to lay off some of its employees to improve its financial health.& The stablecoin giant plans to focus on core activities and hire for related roles globally.& The reduction in the workforce came months after the company r...

Crypto Miner HIVE Pivots To AI, Dumps Blockchain From Its Name

Crypto miner HIVE Blockchain has announced a pivot to artificial intelligence and web3.& The Canadian crypto mining firm dumped blockchain from its name and rebranded itself as HIVE Digital Technologies.& The former crypto miner plans to use...

$300 Million In Silk Road Bitcoins On The Move After CPI Data

Two unconfirmed transactions show that 9,800 Bitcoin linked to dark web marketplace Silk Road was transferred on Wednesday.506 BTC was sent to a change address and 0.01 BTC was moved to the wallet 361yog in the first transaction, per reports.In the...

Aave’s GHO Deployment On Ethereum Inches Closer As DAO Votes In Favor

The proposal to launch GHO on Ethereum’s mainnet reached quorum after protocol delegate AaveChan voted “Yae” on Wednesday.Aave DAO’s community wholly backed the plan as all members of the DAO voted in support with over 698,000 votes at press time.Th...

FTX Prosecution: Ryan Salame’s $54K Donation To Congressional Candidate Michelle Bond Examined By Federal Investigators

Ex-congressional candidate Michelle Bond received at least $54,000 from Ryan Salame and other former FTX employees during her campaign in 2022.Federal prosecutors are now looking into the money Bond received from boyfriend Salame and up to $880,000...

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