Investors in Bitcoin (BTC) and cryptocurrencies have an excellent chance to purchase at lower prices in the upcoming months, according to industry veteran Arthur Hayes. The ex-CEO of BitMEX, in a recent blog entry titled “Left Curve,” published on April 24, predicted that the cryptocurrency market’s bull run would persist. Hayes: Bitcoin is “hardest money … Read more
Renzo Protocol’s restaked Ether token (EZETH) suffered a price depeg on April 24. On Uniswap decentralized exchange, the depegging event caused the token’s price to dip down to $688 momentarily, but it later regained its equal value with Ether (ETH) based on Dexscreener’s data. According to the anonymous cryptocurrency expert known as Tommy, the occurrence … Read more
In the UK, regulatory bodies remain vigilant over the development of AI technology, as major tech corporations maintain their stronghold in this domain. The U.K.’s Competition and Markets Authority (CMA) announced on April 24 that they are gathering data from significant industry figures to examine whether the growing partnership between Amazon.com and AI company Anthropic … Read more
Bitcoin experts are developing a fresh open-source project named BitVMX. This innovative platform aims to enable the creation and execution of intricate apps and features directly on Bitcoin’s fundamental level, ensuring enhanced security. BitVMX, modeled after Robin Linus’s BitVM project, is supported by RootstockLabs, a prominent Bitcoin layer-2 technology company. The objective of this initiative … Read more
According to a Fireblocks executive, there’s been increasing curiosity among institutional investors regarding decentralized finance (DeFi), yet they are hesitant due to the risks associated with on-chain transactions. To alleviate these apprehensions, Fireblocks is planning to roll out new platform features. Institutional investors dealing with Decentralized Finance (DeFi) transactions face substantial risks, according to Shahar … Read more
On April 10, Uniswap Labs was given a warning letter by the US Securities and Exchange Commission (SEC). This letter signaled the SEC’s intent to initiate legal action against the company or individual. Uniswap Labs is the team behind the development of the software powering Uniswap, a popular decentralized crypto exchange (DEX), where transactions take … Read more