Aug. 24: Pancake Swap, a decentralized exchange, has expanded to the Ethereum layer-2 blockchain Linea, from the big Ethereum developer Consensys. PancakeSwap was already available on Ethereum, BNB Chain, Aptos, Polygon zkEVM, zkSync Era and Arbitrum.
Read More »Solana-Based Automation Startup Clockwork to Shut Down
“Ultimately the reason we are stepping away now is simple opportunity cost,” Garfield said in a post on X, formerly Twitter. “We admittedly see limited commercial upside in continuing to develop the protocol, and have a growing personal interest to explore new opportunities.”
Read More »Bitcoin Slumps Under $26K as Bearish Outlook Engulfs Crypto Market
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Read More »Shiba Inu’s Highly Anticipated Shibarium Bridge is Now ‘Fully Functional’
As such, chief developer Shytoshi Kusama previously stated the team had put steps in place to prevent an outage from repeating. They added the team worked with Polygon blockchain developers to rectify any potential issues. Shibarium is a fork of Polygon, meaning it uses modified code that runs the latter.
Read More »Bitcoin Traders Remain Fearful of ‘Tail Risk’ Amid Renewed Price Lull: Observers
«Looking at the BTC butterfly index, we can see that wings are near the upper 90% percentile (red horizontal line). So, [while] outright volatility [metrics] seems confident in spot price consolidation, traders are still paying up for tails,» Greg Magadini, director of derivatives at Amberdata, said in the weekly newsletter.
Read More »Sam Bankman-Fried’s Defense Renews Push for ‘Temporary Release’ Ahead of October Trial
«We do not believe that anything short of temporary release will properly address these problems and safeguard Mr. Bankman-Fried’s right to participate in his own defense,» a Friday letter authored by defense attorney Christian Everdell said. «At the very least, however, we respectfully request that the Court reconsider its previous …
Read More »Visa And Mastercard Distancing Themselves From Binance Unlikely to Hurt the Crypto Exchange: Experts
However, the move is unlikely to hurt the crypto exchange’s market share, given its extensive global footprint. “It’s difficult to assess the impact of this on Binance, which is still a leading exchange from a liquidity point of view,” Weisberger said. “Until that changes, people will continue to trade there,” …
Read More »Justin Sun: The Next Do Kwon or Sam Bankman-Fried?
In Justin Sun’s universe things can get even more complicated because there are many different entities, like the Huobi and Poloniex exchanges, which can mint pegged assets, as well as many different blockchains, like Tron and Huobi Eco Chain, that are all very likely under the control of the same …
Read More »Jackson Hole: Where Fed Policy Is Decided on the Fly
This is not a rational system, despite all the data, though I’m beginning to suspect it was never designed to be. How is inflation measured? Well the Fed pays people to walk around grocery stores and write down the prices. Should gas, that thing that – excuse the pun – …
Read More »Sweeping U.S. Tax Proposal Met With Boos From Crypto World
«The crypto ecosystem is very different from that of traditional assets, so the rules must be tailored accordingly and not capture ecosystem participants that don’t have a pathway to compliance,» said Kristin Smith, CEO of the Blockchain Association, in a statement shortly after the proposal emerged.
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