Uniswap Labs Limits Access To Certain Tokens, What It Could Mean For The DeFi Sector

Software development studio Uniswap Labs (UL) announced the restriction of certain tokens via the app.uniswap.org domain. The company claims to be taking part in “creating a better” financial system and has taken the decision after reviewing the regulatory landscape and the actions of other “DeFi interfaces”. The token removed from the domain represented a “very small portion of overall” trading …

BSC Flash Loan Attack: The Three Copycats

A series of attacks compromised several Binance Smart Chain (BSC) projects in May. Following PancakeBunny, its three forks projects — AutoShark, Merlin Labs, and PancakeHunny — were also attacked using similar techniques. PancakeBunny suffered the most costly attack of the four, which saw nearly $45M in total damages. In this article, Dr. Chiachih Wu, Head of the Amber Group Blockchain …

Cardano Aims To Facilitate Users With Smart Contracts

According to the announcement from IOHK, “Project Alonzon testnet” has moved from Blue to White and is making it possible for Cardano to launch smart contracts. IOHK is the development team of the Cardano blockchain. The team made the announcement recently, revealing that the testnet is successful. Related Reading | Anthony Di Lorio To Leave Cryptocurrency Space For Philanthropic Initiatives …

Investing In Bitcoin Mining Business Is Also A Sign Of Institutional Acceptance

Last quarter, the New Jersey Pension Fund invested heavily in two Bitcoin mining giants. A small step for institutional investors, the move might represent something much bigger. There’s a hunger for Bitcoin exposure at the highest levels, but just owning the asset might be too risky or inconvenient for some of those big players. And, until the US government approves …

Ethereum EIP-3675 For ETH 2.0 Upgrade Launches On GitHub

The Ethereum Improvement Proposal (EIP) 3675 has now launched on GitHub. EIP-3675 contains the ETH 2.0 proof of stake merge that is coming to the network. Although this does not mean that the move to proof of stake is happening anytime soon, it is bringing the Ethereum network one step closer to the move from proof of work to proof …

Solana to Launch Stake Pools, This Is How It Will Enable Rewards For SOL Holders

The Solana Foundation has announced Stake Pools to increase the network’s security, promote censorship resistance, and rewards SOL holders in the process. The announcement was made via their official Twitter handle. The Stake Pool program was enabled via an on-chain governance process, as the Solana Foundation said. Any SOL holder can participate in the process via SolFlare, a non-custodial wallet …

This Bitcoin Indicator Might Suggest Bull Run Is Still On

The MVRV ratio, a Bitcoin indicator, might suggest that the current bull run isn’t over, and the price of the crypto is yet to peak. The MVRV Ratio Indicates The Cycle Isn’t Over Yet As pointed out by a Crypto Quant post, past cycles seem to follow a specific pattern on the MVRV charts. This might suggest that the current …

Report Reveals El Salvador Plans For Issuing A Stablecoin

El Salvador recently became the first country to adopt Bitcoin as a legal tender in financial transactions, and now it plans to issue a stablecoin. The President, who calls himself “the coolest president in the world,” took the first step to equip his citizens with a digital means of paying for goods & services. Related Reading | Ether EFT Gets Approval …

Harmony Organizes $1M Hackathon To Bridge DeFi and Traditional Finance

According to the information available, Harmony Hackathon will last for six weeks. The Hackathon will commence on August 15, 2021, and ends on September 30, 2021. Related Reading | Ether EFT Gets Approval From Brazilian Securities Regulator There will be three categories, and each one will have four challenges for the experts to complete. 🚀 1/ We are happy to announce …

ADA Near Oversold Levels, Why Cardano Could Retake Previous Highs

Cardano (ADA) has been one of the most resilient coins in the crypto market. While Bitcoin has experienced a 50% correction and has revisited the yearly open, ADA has traded well above its previous lows. At the time of writing, ADA trades at $1,14 with a 2.7% and 4.8% loss in the daily and weekly charts, respectively. ADA with small …