Shiba Inu Community Burns 111 Million SHIB Tokens
In the last 24 hours, the Shiba Inu Community has collaboratively eliminated 111,173,988 (equivalent to 111.17 million) SHIB from circulation via ten separate transactions. The incineration of the SHIB tokens was spearheaded by three significant contributors: an enigmatic wallet, a wallet linked to Uniswap, and the famous SHIB Super Store. Detailed Breakdown of Transactions Approximately […]
Phishing Attack: Uniswap Under Fire as Users Lose Ethereum Worth Over 8 Million
So far, it has been reported that the Uniswap V3 protocol was under a phishing attack after many users lost their Ethereum (ETH). According to sources, more than 7,500 ETH suddenly went missing after many victims engaged in fraudulent transactions, vindicating the Uniswap protocol. A security official at Metamask first witnessed the assault, notifying Uniswap […]
Uniswap (UNI), the Decentralized Ethereum Token Exchange Protocol
Uniswap (UNI) is a decentralized exchange (DEX) operating on the Ethereum blockchain. It is one of the pioneers in the field, and Uniswap has maintained its leading position over the years despite growing competition. We will be introducing one of the most popular decentralized finance (DeFi) projects in this article. What is Uniswap (UNI)? Uniswap […]
VeChain Foundation Welcomes New DEX to its Ecosystem to Replace Vexchange
The VeChain ecosystem is evolving and a new decentralized exchange (DEX) has recently been deployed. It’s called ZumoSwap and it aims to replace Vexchange, Automated Market Maker (AMM), and liquidity provision protocol that were introduced on the network. VeChain Users Questions Answered According to a blog post on December 22, the team behind the ZumoSwap […]
The Largest Ethereum-based Decentralized Exchange Delisting Tokens
The largest decentralized cryptocurrency exchange (Uniswap) based on Ethereum (ETH) delisted several tokens before the expected regulatory review. Uniswap has removed Tether Gold and tokenized stocks from crypto derivatives platforms like Synthetix. Brooklyn-based Uniswap Labs did so in response to U.S. law prohibiting the company from selling certain investments. Uniswap Delisting Comes After Binance Exchange […]
Legal Expert Reveals the status of XRP, ADA and Other Cryptocurrencies in the SEC rule book
As we’ve seen time and time again, a handful of cryptocurrencies are in the U.S. Securities and Exchange Commission (SEC) bad book. The results are usually disastrous for digital assets, their founders and investors. With the long-term battle between Ripple and the SEC causing assets to lose their appeal, it has become a mandatory requirement […]
Ethereum Token Swaps Supported by Uniswap Launches on CoinMarketCap
CoinMarketCap (CMC) has introduced an Ethereum token swap function on its website through the integration with the decentralized exchange Uniswap. Exchange Icon for Ethereum Token Swaps Added on CoinMarketCap CMC is one of the most well-known cryptocurrency market data aggregators in the industry and has been owned by Binance since April 2020. The Ethereum-based token […]
Top 5 Cryptocurrencies to Watch Out in April 2021
This year has been explosive for the cryptocurrency market and last month’s movement ended bullishly. Despite the nearly $100 million loss when Bitcoin price fell to $56,000 on Thursday. The Current total market cap is roughly the same as it was weeks ago. That being said, we’ll be looking at the top 5 cryptocurrencies to […]
Uniswap daily transaction fees exceed Bitcoin’s for the first time
Popular decentralized exchange Uniswap has surpassed Bitcoin in daily transaction fees generated on the platform. This is the first time that it will surpass bitcoin in this metric and shows the growing problems of gas fees on the Ethereum network. Uniswap’s fees exceed Bitcoin’s This latest development was highlighted by analytical platform Crypto Fees, which […]
DEXMEX – Bridging the Gap between CEXs and DEXs
DexMex is a new type of decentralized exchange that brings some new and exciting features to the market. Those familiar with Uniswap, the world’s top DEX in terms of market cap, can attest to the fact that your trading options are limited. The network only offers the most basic trading functions such as buy and […]