According to a recently published report, the decentralized exchange (dex) Uniswap has blocked roughly 253 cryptocurrency addresses allegedly tied to crimes or government sanctions. The information was discovered by the software developer Banteg who analyzed and saved the shared logs from Uniswap’s server. 30 out of the 253 Blocked Addresses Are ENS Domain Names, Uniswap Labels 7 Types of Risk…
This week in coins. Illustration by Mitchell Preffer for Decrypt. It was a very red week for crypto, with most leading cryptocurrencies depreciating over the seven days as heavyweights like Bitcoin and Ethereum posted double-digit percentage losses by the weekend. Bitcoin is currently down 13% and sells for $21,309, according to data from CoinMarketCap. Ethereum, the world’s second largest cryptocurrency…
There has been no shortage of crypto casualties this summer. On August 8, Singapore’s Hodlnaut joined fellow lenders Vauld and Celsius and Singaporean exchange Zipmex in suspending user crypto withdrawals because of “recent market conditions.” The measure was ostensibly taken to “stabilize liquidity,” a phrase also used in Celsius’ withdrawal freeze announcement. With little warning, investors were hit with the…
Although there is still an apparent lack of women in the Web3 sector, blockchain-based games geared toward women may help drive inclusivity. A recent report from the Entertainment Software Association found that 48% of gamers in the United States identify as female. It has also been noted that nearly half of all gamers in the world are women. The interest…
The Ethereum floor price of the Bored Ape Yacht Club (BAYC) NFT collection has dropped to its lowest level since the start of the year, amid a continued NFT market slump and wider crypto market crash. At 65.68 ETH, the floor price of Bored Ape Yacht Club NFTs has fallen to levels not seen since January 2, 2022. According to…
Following three consecutive days of declines, shiba inu rebounded on Saturday, as the meme coin appears to have found a support point. Cosmos was also higher, in what has mostly been a bearish start to the weekend. As of writing, the global crypto market cap is down 1.31%. Shiba Inu (SHIB) Shiba inu (SHIB) was back in the green on…
Taking payment in Ethereum brings in a gamut of advantages for both users and entrepreneurs. Transitioning to a blockchain-based ecosystem brings in a string of advantages for users as well as entrepreneurs. Here is a drop-down detailing why accepting payment in Ethereum works well for the customers of an enterprise: Additional payment option In a world that is fast adopting…
This week’s sell-off in cryptocurrency markets worsened on Saturday, with bitcoin falling below $21,000 for the first time in nearly a month. Ethereum also continued its descent in today’s session, as the price of the token dropped under the $1,700 level to start the weekend. Bitcoin Bitcoin (BTC) continued to reside in the red to start the weekend, as prices…
Many see implementing Know Your Customer (KYC) tools in crypto as a deterrent to the Bitcoin (BTC) Standard, which has predominantly promoted anonymized peer-to-peer transactions. However, regulators stay put on promoting KYC and anti-money laundering (AML) implementations as a means to ensure investors’ safety and protection against financial fraud. While most crypto exchanges have begun implementing regulatory recommendations to remain…
From Bored Ape portraits to pixelated CryptoPunks, 2D avatar NFTs—commonly referred to as PFP or profile picture NFTs—have come to dominate the NFT market. Non-fungible tokens (NFTs) are unique blockchain tokens that signify ownership, but for many, the term NFT is synonymous with PFPs such as Bored Ape Yacht Club and CryptoPunks. However, these PFPs are, in fact, distinct from…
