Decentralized crypto exchange Uniswap Labs raises $165M on $1.66B valuation - cyptoranking.com

2024-04-29

Popular crypto exchanges(2023 Update) 2024-04-29
Image: cyptoranking.com

As the world dives deeper into the blockchain and digital currency era, a new sector emerges with incredible potential to revolutionize the gaming industry. This sector is known as GameFi. Combining the elements of decentralized finance (DeFi) and online gaming, ‘GameF’i’ offers an exciting avenue for gamers and investors. Meanwhile, Hong Kong crypto investors have been hit hard by scams and fraudulent activity in recent weeks, with the recent JPEX crypto exchange scandal ballooning to an estimated $180 million in losses, with more than 2,300 Hong Kong-based filing complaints with local police. Decentralized crypto exchange Uniswap Labs raises $165M on $1.66B valuationRiver estimated there were between 279,000 and 1.1 million monthly active Lightning users as of September 2023. Turbine is Solana’s block propagation protocol that solves the blockchain scalability trilemma. The scalability trilemma is the belief that decentralized platforms can only accomplish two out of the following three goals—security, scalability, and decentralization—at a given time.

Exchange Rankings Crypto
Image: cyptoranking.com

A leading voice in the crypto analytical community, Benjamin Cowen, expressed his lack of enthusiasm for ETH’s performance in 2023 during a YouTube video. The ETH / BTC valuation, a critical metric for gauging relative performance, is the bedrock for his statements. Issues such as forking, network latency, smart contract vulnerabilities and 51% attacks prevent blockchain transactions from achieving finality. New Crypto Listings on Centralized Exchanges (CEXs)Customers will be able to withdraw their funds until Jan. 8, though after that “customers must deactivate their Bitstamp accounts.” The Israeli police cyber unit have frozen cryptocurrency accounts used by Hamas to raise donations via social media, Jerusalem Post reported.

Like a handful of other fund groups, Ark Invest — in tandem with Europe-based crypto ETP issuer 21Shares — has a proposed spot bitcoin ETF in front of the SEC. The Cathie Wood-led firm is set to receive a ruling on that product from the securities regulator by Jan. 10. When the trade closes, the asset’s value is referred to as the “tagging price.” What is the best crypto trading platform in Australia?Binance and CEO CZ Face Harsh Allegations In Brazil Schwartz is convinced that the move from Elon Musk aims to protect advertisers. Per his thesis, Musk wants to make it impossible to reply to or report ads placed on the timeline. He also believes the move is designed so users will not find it easy to ignore an ad, making it less effective.

Far from disclosing crypto as a risk factor in its quarterly filings, Axos actually bragged about its lack of crypto dealings, claiming that its lack of crypto exposure ranked among its “franchise differentiators.” Read more: Sotheby’s Auctions off 3AC’s NFT Collection for $2.5M eToro vs Binance: Which is Better?Otherwise called Network Growth, the New Addresses metric evaluates the current rate at which a blockchain protocol attracts new users. i.e., by aggregating the number of new wallets created daily. Summary:

Have an opinion on this story? Share it!