1Inch price hits a new high as the top DEX aggregator vies for DeFi dominanceAs the decentralized finance (DeFi) ecosystem evolves and expands to encompass the whole of the cryptocurrency sector, the race to become the top decentralized exchange (DEX) aggregator is heating up as new entrants to the field seem to emerge on a weekly basis.

One of…[Read more]

Norwegian Minister of Climate and Environment is an avid Bitcoin HodlerWhile several climate change evangelists and Bitcoin critics are seriously bashing Bitcoin for being an energy guzzler, the Norwegian Minister of Climate and Environment has openly praised the leading cryptocurrency and even admitted that he is a “hodler.”

Sveinung Rot…[Read more]

Reeling from post-hack price slump, Easyfi reveals community compensation planAfter a devastating hack, a cross-chain decentralized finance (DeFi) protocol has revealed today a temporary compensation plan for token holders and investors impacted by one of the largest exploits in DeFi history.

In a Tweet today, EasyFi announced their “Interim C…[Read more]

Altcoins rally as bulls pile into large-cap tokens and layer-1 projectsThe cryptocurrency market provides investors with another day of ‘altseason’ as the majority of altcoins in the top 100 on CoinMarketCap rallied today.

Several large-cap tokens reached multi-year highs and this all took place as Bitcoin (BTC) price struggles to hold any of the…[Read more]

IDEX’s ‘hybrid liquidity pool’ aims to tackle some of DeFi’s biggest problemsIDEX (NYSE:IEX), a San Francisco-based decentralized exchange, has unveiled new protocol upgrades designed to solve two of the biggest issues with decentralized finance, or DeFi — slippage and front-running.

The exchange claims that its Hybrid Liquidity protocol solves…[Read more]

Shanghai Man: VeChain on TV, DOGE flips BTC volume, Hotbit hack and more
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.

Ripple sold twice as much XRP in the last quarter, as demand grows for its ODL serviceDespite the ongoing legal battle with the Securities Exchange Commission, Ripple reported a 97% increase in sales of XRP for Q1.

Ripple posted its Q1 markets report on May 6th and revealed that total sales net of purchases had gone from $76.27 million in Q4…[Read more]

Square’s earnings 2.5X expectations, Bitcoin revenue up 1000% in 12 monthsU.S.-based financial services firm, Square Inc (NYSE:SQ), reports that its quarterly earnings doubled analyst expectations amid booming demand for crypto assets.

Global financial data provider Refinitiv had predicted Square would see earnings of 16 cents per share in Q1 2…[Read more]

Ivanka Trump’s luxury Miami apartment block accepting crypto for condosLuxury Miami apartment Arte Surfside will now accept cryptocurrency as a form of payment for its remaining luxury residences — including the Villa Nove penthouse, currently listed for $38 million.

The firm has partnered with trading platform SolidBlock, allowing potential b…[Read more]

Almost twice as much ETH locked in DeFi as on exchanges: Glassnode
Ether (ETH) is being locked up in decentralized finance contracts at an accelerating rate this year, while the amount held on centralized exchanges continues to fall.

On Friday, on-chain analytics provider Glassnode shared a chart comparing the number of Ether deposited in…[Read more]

The fees sting, but Uniswap v3 sees more volume on launch day than v2’s first monthThe founder of Uniswap, Hayden Adams, has reported that the launch day of Uniswap’s v3 iteration was more successful than its predecessor, in terms of volume.

In a tweet on May 6, Adams declared the previous day’s launch of Uniswap v3 a resounding success. He n…[Read more]

Solana Hype ReviewDependence on technology in an era where cyberspace and society coexist requires reliance on a flawless ecosystem. Blockchain ecosystems facilitate connectivity between social action and internet technologies and actively develop virtual and physical relationships. Data is the primary asset in the new digital paradigm, and data…[Read more]

Biggest Gainers: 2017 vs. 2021Many ups and downs in the crypto-verse are due to its volatile nature.
Bullish investors win as the market capitalization of coins shoots through the roof to over $2 trillion.
The world’s first cryptocurrency, Bitcoin, has surged and taken other coins to the moon.
Long-term gains seal the deal for new investors to b…[Read more]

Elon Musk Dogecoin SNL: Time for Caution or Will Price Break $1.00?The Elon Musk Dogecoin SNL guest appearance on Saturday Night Live (SNL) has Twitter in a frenzy with watch parties being organised in expectation of his hosting the Night Live Show tonight.

Bank of England Governor Says Bitcoin Investors Could Lose All Their Money

• Andrew Bailey, Bank of England Governor warned people about Bitcoin
• Bailey says that investors should be prepared to lose all their money
• His reasons are that BTC has “no intrinsic value”

Here’s Why Iran is trying to Ban Foreign-mined BitcoinAccording to an announcement shared by a news publication in the country, citizens of Iran will no longer be able to trade with Bitcoin

Citigroup considers crypto amid surge in customer demand on Wall StreetCitigroup (NYSE:C) is reportedly considering offering crypto-related services to its customers in response to rising demand, specifically from asset managers and hedge funds.

The financial services firm’s global head of foreign exchange, Itay Tuchman, told the Financial T…[Read more]

Blockchain tech has a solution to secure your email
The global COVID-19 pandemic has definitely created a clear delineation of remote work: The reliability of a company lies in its email service provider for all forms of communication.

Let’s start with the origin of email. Email has been around for more than 50 years and is a formal channel of c…[Read more]

‘Unprecedented capital inflows into Bitcoin’ remove 12K BTC from Coinbase in an hour
Another day, another spike in Bitcoin (BTC) leaving major exchange Coinbase as funds pour into the largest cryptocurrency.

Data from on-chain monitoring resource Glassnode showed 12,354 BTC ($694 million) being withdrawn from the Coinbase order book in a sin…[Read more]

Bitcoin Could Be Getting Ready to Jump Again, Analysts SayBitcoin – the world’s biggest and most popular cryptocurrency by market cap – is shooting back up. At the time of writing, the asset is trading for just over $57,000. This is a huge improvement over the $54,000 it was at a few days ago and the $49,000 per unit it was stuck at early…[Read more]