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Restoring trust to BTC in 2024: Let’s start with wrapping
Restoring trust to BTC in 2024: Let’s start with wrapping Aki Balogh · 1 month ago · 4 min read Utilizing discreet log contracts ensures user-controlled, decentralized wrapped BTC, restoring faith in cryptocurrency. 4 min read Updated: Jul. 13, 2024 at 1:03 am UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. The following is a guest post by Aki Balogh, CEO & Co-founder of DLC.Link Bitcoin (BTC) entered 2023 with immense promise. Though subject to natural ups and downs, its momentum hinted at a maturing asset class poised for mainstream adoption. A year later,...
Uniswap A Retailer’s Hub? Average Trade Sizes Fall From $30,000 to $1,000 In 2 Years
Crypto and some key sub-sectors, like decentralized finance (DeFi) or non-fungible token (NFT) trading or minting, remain dynamic. While activity is highly influenced by price, other changes are settled not by how prices gyrate but by time. Uniswap Users Are Increasingly Posting Small Trade Sizes Events in Uniswap, a leading decentralized exchange (DEX) on Ethereum, draw the interest of Token Terminal, a blockchain analytics platform. According to Token Terminal , a curious trend is happening in Uniswap: While the Ethereum ecosystem is expanding and expected to grow even more, trade sizes on Uniswap are shrinking rapidly. Uniswap trade size falling...
Financial Stability Oversight Council Reveals Stablecoin Concerns
By Mark Hunter 19 hours agoTue Dec 10 2024 10:41:54 Reading Time: 2 minutes The Financial Stability Oversight Council (FSOC) has raised concerns about the risks posed by the expanding cryptocurrency market Stablecoins have been flagged as vulnerable to market runs and lacking comprehensive federal oversight FSOC has recommended new legislation to improve the regulation of crypto-assets and ensure market stability The Financial Stability Oversight Council (FSOC) has used its annual report to highlight concerns about the risks posed by the expanding cryptocurrency market. The FSOC spotlighted stablecoins , in particular, as a key vulnerability due to market concentration and...