Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
Uniswap Labs has announced the release of the draft code for Uniswap v4, the next iteration of the popular decentralized exchange (DEX) protocol. Uniswap v3 was a watershed moment for on-chain liquidity and Decentralized Finance (DeFi), processing over $1.5 trillion in trading volume since its release two years ago. However, as technology and markets evolve,…
The new CEO of collapsed crypto exchange FTX, John Ray III, has filed an initial statement with the U.S. Bankruptcy Court for the District of Delaware, making a scathing judgment of Sam Bankman-Fried and his companies. Ray was appointed CEO of FTX less than a week ago when founder Bankman-Fried filed for bankruptcy protection for…
Mango Markets was victim to the latest exploit this week, as crypto cannot seem to escape an absolutely abhorrent Tuesday. Two exploits less than one day apart – and less than a week after the BNB Chain exploit that utilized a bridge to create millions of new BNB. Another nine-figure exploit has rocked the crypto…
ApeCoin (APE) is trending to the downside as the U.S. Securities and Exchange Commission (SEC) announces an investigation against its parent company, Yuga Labs. The creators of popular non-fungible token (NFT) collections, including Bored Ape Yacht Club (BAYC), the regulator will look into a potential violation of their securities laws. According to a report from…
In a significant blow to the decentralized finance (DeFi) sector, the Sushi DeFi protocol has fallen victim to its second exploit this year. The protocol’s Chief Technology Officer (CTO), Matthew Lilley, has issued a stark warning to users, advising them to refrain from using any decentralized applications (dApps) until further notice. Sushi And Zapper Frontends…
The FTX drama continues as the deal with its competitor Binance falls apart. According to several reports, employees at the platform are fleeing amid growing concerns about a massive $6 billion hole on the company’s balance sheet. A report from Semafor indicates that FTX’s legal and compliance staff left en masse as the company announced…
Per a recent report, hedge fund and market maker behemoth Citadel is suing two former executives. The individuals identified as Leonard Lancia and Alex Casimo broke off from the company to start a high-frequency trading firm called Portofino Technologies. According to the lawsuit filed by Citadel Securities, Lancia, former Head of Europe Systematic Market Making…
Software engineer Jane Manchun Wong, famous for her reports on to-be-launch tech features, claimed that Twitter would implement its own crypto wallet. Currently, the project is under development, and the team behind the feature is still working on a prototype. According to Manchun Wong, the crypto wallet will enable users to deposit and withdraw their…
The Bitcoin price has been moving sideways over the past two days, but market participants expect volatility over today’s trading session. The U.S. Federal Reserve (Fed) will announce another interest rate hike during its Federal Open Market Committee (FOMC) meeting. At the time of writing, the Bitcoin price trades at $20,400 with sideways movement in…