On Thursday, the decentralized exchange (dex) and automated market maker (AMM) Uniswap revealed that transaction volumes on the platform’s layer two (L2) solutions have surpassed the $ 500 billion threshold. Half a Trillion and Counting: Uniswap’s Layer 2 Expansion Shatters Records Since its debut on Ethereum mainnet on Nov. 2, 2018, Uniswap has significantly …
CoinW’s Crypto Industry Insights and Market Trends for 2024
Towards the close of 2024, the cryptocurrency market experienced a notable transformation, reaching a total market capitalization of around $ 3.908 trillion on December 17. This increase was largely fueled by Bitcoin’s ascent past $ 100,000 for the first time, a development significantly influenced by the approval of spot Bitcoin ETFs in the …
Kraken’s Top Lawyer Marco Santori Steps Down, Calls Regulators ‘Lovely People’
Santori made the announcement on Wednesday and said he would remain at the company in a senior advisory role, amid rumors that he will soon seek a position in the Trump administration. Kraken’s Chief Legal Officer Calls It Quits After Five Years Marco Santori, chief legal officer at cryptocurrency exchange Kraken announced his resignation on […]
Upbit Under Fire: South Korean Regulator Orders Halt on New Users
The South Korean Financial Intelligence Unit (FIU) has ordered Upbit to temporarily halt services for new users after finding numerous violations of the Specific Financial Transaction Information Act. South Korean Crypto Industry Watches Upbit Case Closely South Korea’s Financial Intelligence Unit (FIU) has reportedly ordered Upbit, one of the country’s largest cryptocurrency exchanges, to halt […]
XRP, Solana Prices Soar as Investors Stack Solaxy Ahead of Next Bull Cycle
The crypto market is heating up again, with XRP and Solana soaring in the past 24 hours. Meanwhile, investors are piling into the Solaxy presale, aiming to get early exposure to this new Layer-2 scaling solution ahead of the next bull run. XRP Price Defies SEC, Solana Soars on ETF Speculation XRP isn’t letting the […]