Posts

Showing posts with the label uniswap

SHIB, UNI, OKB and HBAR flash bullish signs as Bitcoin volatility hits record low

Image
Bitcoin remains stuck in a tight range, but select altcoins such as SHIB, UNI, OKB and HBAR are attracting buyers. Bitcoin (BTC) continued its boring price action over the weekend, indicating that the bulls and the bears are not waging large bets as they are uncertain about the next directional move. Nevertheless, traders should continue to keep a close watch because a period of consolidation is usually followed by an increase in volatility .  Although it is difficult to predict the direction of the breakout with certainty, some analysts point to the Bitcoin whales increasing their exposure as a positive sign. On-chain analyst Cole Garner believes the bull move could continue till September when the summer seasonality kicks in and the shakeout happens. Crypto market data daily view. Source: Coin360 Bitcoin rose sharply in the first few months of the year but the major altcoins struggled to keep pace. That could change as the current consolidation in the largest cryptocurrency is giv...

'Uniswap is Not Decentralized', Ripple CTO Claims

Image
Ripple CTO Thoughts on Uniswap According to the Ripple CTO , Uniswap is not decentralized, a statement that many commenters believe is derisive to the decentralized exchange (DEX) protocol. The conversation bordering on the decentralization of the platform sprang up as a debate on Twitter where there is an ongoing argument bordering on whether or not open source protocols are decentralized or not. advertisement Referring to his earlier arguments on the subject, the Ripple CTO argued that a decentralized exchange whose underpinning technology is not open source cannot necessarily be deemed as decentralized. Uniswap is not decentralized either https://t.co/Ze2RvJ3Pl0 https://t.co/FtlEXj8P5S — David "JoelKatz" Schwartz (@JoelKatz) June 14, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...

zkSync Era launches with Uniswap and Sushi — First zkEVM on mainnet

A new Era has dawned with the launch of the first Ethereum Virtual Machine compatible ZK rollup, enabling projects like Uniswap and Sushi to easily port over for scaling. Some of the biggest names in decentralized finance, including Uniswap, Sushi, Maker and Curve, are set to launch March 24 on zero-knowledge proof roll-up zkSync Era. The Ethereum layer 2 scaling network has finally opened to users in alpha after four years in development, enabling faster and cheaper transactions. It is the first Ethereum Virtual Machine compatible zk-Rollup to launch on mainnet (competitor StarkWare uses a bespoke language called Cairo), allowing most Ethereum DApps to simply port over with very few changes. Between 32 to 50 projects are expected to go live on March 24 or over the weekend, including Balancer, Pyth Network, Mute, Redstone, Graph and Argent. Banxa, Yearn Finance, Celer, Chainlink, Aragon, Woo Network and Tracer DAO are also porting to the network. “Friday for us is the big one, it’s...