Just another WordPress site
Decentralized exchange Uniswap has hit a whopping $3 trillion in aggregate all-time volume, the first decentralized exchange to hit the number. Uniswap founder Hayden Adams noted the achievement in an X post on May 12, which included a screenshot of a Dune Analytics dashboard counting down to the milestone. Uniswap also has a current daily …
Continue reading “Uniswap becomes first DEX to hit $3T in all-time volume”
Crypto users could be looking for a more sustainable yield this cycle, as total value locked in decentralized finance (DeFi) lending continues to hit new highs while decentralized exchanges (DEXs) have lagged in comparison. DeFi lending protocols are currently the leading DeFi vertical in TVL at $53.6 billion, representing 43% of the $124.6 billion locked …
Continue reading “DeFi lending TVL is outpacing DEXs due to more sustainable yield — VC”
Three teenagers have been accused of kidnapping a man at gunpoint after he was returning from a crypto event in Las Vegas, before driving him an hour outside of the city and robbing him of $4 million in crypto and non-fungible tokens. According to police, the incident occurred last November. The victim had finished hosting …
Continue reading “Teens kidnap Las Vegas man at gunpoint, stealing $4M in crypto”
Japanese investment firm Metaplanet has added another $129 million to its Bitcoin treasury, pushing its total holdings past the Bitcoin-stacking country of El Salvador. “Metaplanet now holds more Bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we’re just getting started,” said CEO Simon Gerovich on X after the latest purchase announcement. On May …
Continue reading “Metaplanet now holds more Bitcoin than El Salvador”
Bitcoin’s potential price reaction to a trade deal between the United States and China could give insights into whether Bitcoin is being used as a safe-haven asset in the current market. Bitcoin (BTC) outperformed stocks and held up “incredibly strong” during a sharp sell-off on stock markets in April, following Donald Trump’s announcement of tariffs …
Continue reading “US-China trade deal could shed light on Bitcoin’s use case: Trader”
Tinian, a small island in the US territory of the Northern Mariana Islands, could get a second chance at launching a stablecoin after the territory’s Senate voted to override the governor’s earlier veto of its stablecoin bill. On May 9, the Northern Mariana Islands Senate voted 7-1 to override Governor Arnold Palacios’ April 11 veto …
Continue reading “Stablecoin bill gets second chance with Northern Mariana lawmakers”
Censorship-resistant “dark stablecoins” could come in increasing demand as governments tighten their oversight of the industry. Stablecoins have been used for various groups to store assets due to a lack of government interference; however, with regulations pending, that could soon change, Ki Young Ju, CEO of crypto analytics firm CryptoQuant, said in a May 11 …
Continue reading “‘Dark stablecoins’ could emerge as regulations tighten”
Hardware wallet provider Ledger has confirmed its Discord server is secure again after an attacker compromised a moderator’s account to post scam links on May 11 to trick users into revealing their seed phrases on a third-party website. “One of our contracted moderators had their account compromised, which allowed a malicious bot to post scam …
Continue reading “Ledger secures Discord after hacker bot tried to steal seed phrases”
The White House announced that talks between the United States and China regarding a trade deal have made “substantial progress,” yet no official deal has been announced at this time, leaving investors in doubt. According to a May 11 announcement from the White House, more details on the trade talks and the proposed “agreement” will …
Continue reading “White House claims 'substantial progress' on China trade deal”
Key Takeaways: Veteran trader Peter Brandt suggests a potential Ethereum rally to $3,800–$4,800 if ETH breaks above a rising wedge pattern. A short-term pullback may occur as the taker buy-sell ratio drops below one, signaling caution from futures traders. Ethereum’s native token Ether (ETH) opened its weekly candle at $1,807 on May 7, and now …
