Uniswap, the largest decentralized exchange, has removed the HEX token from its interface after it was recently declared an unregistered security by the United States Securities and Exchange Commission (SEC). This comes as another blow for the token in what has been an unpleasant week so far. This unfavorable run has had an impact on…
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The top 100 DeFi tokens had a mixed week, with most of the tokens continuing to trade in a similar range as the previous week. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: US Justice Department Revamps National Crypto Enforcement Team, Wormhole Releases Gateway Developed within Cosmos, Indonesia’s Stock Market and Clearing House for Digital Assets Finally Operational Read more »Sign…
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Hayden Adams’ account released a tweet encouraging its more than 254,000 followers to click on a malicious link, falsely claiming that users’ tokens were at risk. Members of Crypto Twitter have quickly identified and warned others against a scam being pushed by Uniswap founder Hayden Adams’ compromised account. The “Web3 Security Alerts” channel on Telegram…
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As crypto markets hold relatively steady today after recent gains the United States Securities and Exchange Commission (SEC) has commenced a process inviting the public to share their perspectives on Bitcoin Exchange Traded Funds (ETFs). This development surfaces just ahead of the July 2023 assembly of the Federal Open Market Committee (FOMC) set on July…
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As of July 17, 2023, the decentralized finance (defi) sector has been witnessing a great deal of consolidation with total value locked (TVL) figures standing at $44.19 billion. Throughout most of the year in 2023, except for a brief period of seven days in April, the TVL in defi has consistently remained below the $50…
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BTC price is back in its range, potentially given opportunities for UNI, ARB, AAVE and MKR to move higher. Bitcoin (BTC) attempted to break away from its boring sideways price action on July 13, following Ripple’s legal victory over the United States Securities and Exchange Commission, but the enthusiasm proved to be short-lived. Sellers pulled…
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Rodeo Finance, a leveraged yield protocol on Arbitrum, was on July 10 a victim of a “force-investment” hack in which almost $1.7 million was reportedly stolen. According to Rodeo Finance, about $810,000 has been recovered so far and there are plans to freeze the stolen funds. Protocol in ‘Paused State’ Rodeo Finance, a leveraged yield…
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Crypto markets are seeing a modest pullback ahead of the release of the minutes from the US Federal Reserves’ most recent policy meeting last month. Bitcoin (BTC) was last changing hands under $30,500, down around 2% in the last 24 hours as per CoinGecko. Ether (ETH) was last trading just above $1,900, down around 2.5%…
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Ethereum price looks poised for additional downside as low as the $1,560 level. Ether (ETH) price plunged 7% between June 14 and June 15, reaching its lowest level in three months and impacting investors’ view that the altcoin was en-route to turning $2,000 to support. It is worth noting that the $1,620 bottom represents a…
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