The U.S. bankruptcy court granted the crypto lender permission to sell its altcoin holdings for BTC and ETH starting in July. Source
Celsius Moves $59M of Altcoins in Possible Prelude to Converting Into BTC, ETH
Month: July 2023
Uniswap Launches Cross-AMM Protocol UniswapX
CryptoX – Cryptocurrency Analysis and News Portal UniswapX, announced at EthCC in Paris, offers better prices by aggregating liquidity sources, gas-free swaps, and protection against MEV. Source The post Uniswap Launches Cross-AMM Protocol UniswapX appeared first on CryptoX. CryptoX Portal
Lightning Network Bitcoin $BTC Deposits Now Live on Binance
Depositing bitcoin via Lightning is faster and cheaper than on the main blockchain; the base fee on lightning is $0.04, whereas regular bitcoin deposits spiked to as high as $30 in May, according to ycharts. Transactions also settle in under a minute, with regular bitcoin transactions taking roughly 10 minutes per confirmation. Original
Uniswap’s New UniswapX Feature Aims to Eliminate DeFi Pain Points Like MEV
Uniswap, the world’s largest decentralized exchange (DEX) according to the website DefiLlama with about $3.8 billion of collateral or “total value locked,” says that UniswapX addresses many of the pain points of on-chain trading and self-custody swapping. Features include “better prices” by aggregating liquidity sources, according to the press release, along with gas-free swapping, protection against maximal extractable value, or MEV, and no cost for failed transactions. Source
7 payment gateways for fast online transactions
In today’s fast-paced digital world, speed and convenience are paramount when it comes to online transactions. Whether you run an e-commerce business or simply want to make swift payments online, having a reliable payment gateway that ensures seamless and speedy transactions, including support for cryptocurrencies, is essential. Here are seven payment gateways known for efficiency, fast processing times and crypto support. PayPal PayPal is one of the most widely recognized and trusted payment gateways globally. PayPal offers quick currency exchanges thanks to its simple user interface and worldwide reach. Due…
How Chainflip is shaking up native cryptocurrency exchange
In March 2020, Simon Harman and the team at Oxen (formerly known as LOKI) found themselves in a tight spot. It was the start of the global pandemic, and they were running out of funding, having worked to build products for three years during a bear market. To top it all off, Bitcoin’s value had just dropped to a historic low of $3,000. “We were staring down the barrel of death, basically,” Harman recalls. It was clear that to survive the team needed to develop new products—ideally, ones that operated…
=nil; Foundation, Fabric Cryptography to Work on Hardware, Software for ZK Proof Compatibility
“The strategic alliance between Fabric and =nil; Foundation paves the way for almost unlimited, cost-effective, and high-speed ZKP-dedicated computing power readily available, making them a viable tool for every digital transaction, cloud service, and privacy-sensitive application,” they said a press release. Source
Australia’s NAB flags crypto exchange payments to curb scams
National Australia Bank (NAB) has blocked suspected fraudulent payments to some centralized crypto exchanges (CEXs) as Aussie lenders continue to make efforts to curb crypto-based scams in the country. NAB blocks payments to some crypto exchanges NAB is the latest financial institution to restrict crypto-related payments as part of a coordinated effort to curb scams. Per a recent research report released by the Australian Securities Exchange (ASX), 15% of investors in the nation hold bitcoin (BTC) and other cryptos in their portfolio, underscoring the massive demand for blockchain-based digital assets in the…
AI content cannibalization problem, Threads a loss leader for AI data? – Cointelegraph Magazine
ChatGPT eats cannibals ChatGPT hype is starting to wane, with Google searches for “ChatGPT” down 40% from its peak in April, while web traffic to OpenAI’s ChatGPT website has been down almost 10% in the past month. This is only to be expected — however GPT-4 users are also reporting the model seems considerably dumber (but faster) than it was previously. One theory is that OpenAI has broken it up into multiple smaller models trained in specific areas that can act in tandem, but not quite at the same level.…
Lost keys have already cost billions of dollars, many more at risk — Polygon exec
While private or mnemonic keys offer many advantages for security, they also present practical challenges, according to Mudit Gupta, the chief information security officer of layer-2 scaling solution Polygon. Speaking at the Ethereum Community Conference (EthCC) event on July 17, Gupta discussed the differences between theoretical security and practical security in the blockchain and crypto space. Gupta told the EthCC audience in Paris that when it comes to theoretical security, the space is “running so fast.” However, the Polygon executive believes that when it comes to practical security, the space is “so…