Uniswap

Grayscale Adds Solana and Uniswap to Crypto Investment Fund – Finance Bitcoin News

Grayscale Investments has added solana and uniswap to its large-cap funding fund. This is the primary time solana has been added to a Grayscale fund. The firm now provides 15 funds, two of that are diversified portfolios. Solana and Uniswap Added to Grayscale Fund Grayscale Investments, the world’s largest digital currency asset supervisor, introduced Friday the quarterly rebalancing of its two diversified portfolios: the large-cap fund and the defi (decentralized finance) fund. For the Grayscale Digital Large Cap Fund (OTCQX: GDLC), the corporate bought a number of the present elements

Liquid Exchange Hacked, Loses Nearly $100 Million

A crypto exchange known as Liquid – which is based in Japan – has been hacked, leaving it short of nearly $100 million in digital funds. Liquid Has Lost a Lot of Money The hackers involved in the incident have allegedly taken as much as $97 million in digital currency at the time of writing. Several assets – including bitcoin, Ethereum and Litecoin – have been stolen. Liquid has reported that the hacker is allegedly transferring this money to as many as four separate wallets. The company posted a statement

Non-Fungible Token Craze Explodes Despite DeFi Market Woes

Non-fungible tokens (NFTs) are the latest craze in the world of decentralized finance (DeFi) and new platforms are offering farming incentives in order to acquire them. Non‑fungible tokens are a special type of token on the Ethereum network primarily using the ERC-721 and ERC-1155 algorithm standards to create verifiable digital scarcity. A new DeFi platform called Shroom Finance is aiming to build a decentralized ecosystem for in-game asset trading and minting though the issuance of NFTs. Shroom Finance Bolsters NFT Frenzy The concept is built upon DeFi liquidity farming which

Cream Finance Introduces New Automated Market Maker creamY

Rate this post Compound Finance spin-off, Cream Finance, has recently released another Automated Market Maker (AMM) creamY.  Cream Finance, which was released in August 2020, in its notification has claimed that the newly-launched AMM is ‘dynamically updatable’.  creamY Based On Uniswap, Balancer Notably, the fork-off of Compound Finance used the concept of Uniswap, Balancer, Curve and Blackoleswap for generating creamY. As per the announcement, the new dynamic AMM will have two versions. Version 1 of creamY will have a low subsiding process and would be relevant for stablecoins. Version 2

Binance and Coinbase Lists UNI Token as Airdropped to all Uniswap Users

In a rare occurrence in the cryptocurrency market, Binance and Coinbase have listed UNI token the same day it was released. Other exchanges Poloniex and Kucoin have also listed the Uniswap governance token. On Binance, the token was paired with major cryptocurrencies such as Bitcoin (BTC), Binance Coin (BNB), Binance stable coin (BUSD), and Tether (USDT). However, the exchange noted that UNI is a new token and may have “higher than normal risks.” Therefore, trading should be done with caution. OKEx was the Most Involved On Coinbase, UNI was paired

Top DeFi Coins Drop Despite Ethereum Rally: Here’s Why

Ethereum pressed higher on Thursday after Uniswap released the UNI token to the world. ETH surged around 10% from the time of Uniswap’s announcement to the daily highs. This rally came in spite of Bitcoin topping just over $11,000, responding to weakness in legacy markets like the S&P 500. Despite the rally in the price of Ethereum, altcoins in the industry are dropping. DeFi coins, especially, have suffered, posting losses of 5-15% across the board. Analysts think that this weakness in the altcoin market may pertain to Why Ethereum DeFi

Ethereum Miners Hourly Revenue Hits Five-Year Record

Rate this post The transaction fee of Ethereum has now increased to around $1 million an hour. It has been observed that the hourly revenue of Ethereum miners has hit a 5 year high as the fees is currently at $880k per hour. It is believed that such an increase in price might be due to the recent announcement of Uniswap for launching its governance token, UNI. This is because as soon as the announcement for the UNI token came, around 70,000 users rushed to claim the free tokens. Due

Demand for Ethereum Boosts Market Structure; Will This Propel ETH Higher?

Although Bitcoin’s reaction to $11,000 sparked a slightly harsh rejection, Ethereum’s price has remained rather stable around its $380 resistance level This resistance has held strong on multiple occasions throughout the past few days and weeks, with rejections here catalyzing some of ETH’s largest declines The importance of this level cannot be understated, but whether or not it is broken may depend largely on Bitcoin’s continued reaction to $11,000 Analysts are noting that ETH does appear to be growing strong from a technical perspective Ethereum’s price action has done little