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“# Uniswap deploys V3 contracts to four Ethereum testnets ” Leading decentralized exchange Uniswap has taken a step closer to launching its highly anticipated “V3” iteration, announcing the successful deployment of V3’s smart contracts to all Ethereum test networks. In an April 21 announcement, Uniswap Labs confirmed that the protocol’s V3 core and periphery smart…
“# Hegic Protocol announces ‘gradual’ governance launch for long-term users ” Decentralized finance protocol Hegic has announced a soft governance launch designed to reward its long-term users. According to an April 19 announcement, Hegic intends to reward its most loyal users with its new gHEGIC governance token, straying from the public airdrops and yield farming…
“# MakerDAO moves to expand collateral assets and upgrade liquidation engine ” Decentralized lending and stablecoin protocol MakerDAO has opened governance voting to allow new tokens as collateral. A number of new collateral types have been proposed for MakerDAO, potentially increasing the number of digital assets that can now be used to mint its stablecoin,…
“# Tokemak raises $4M from Framework and DeFi investors to build a ‘liquidity reactor’ ” Fractal, an established trading firm, is pushing to expand into the world of decentralized finance with Tokemak, a project the team refers to as a “decentralized liquidity reactor” for DeFi. The company announced on Tuesday a $4 million investment round…
“# Cream Finance launches $1.5M bug bounty to improve DeFi security ” Decentralized lending protocol Cream Finance is backing another major effort to improve the security of decentralized finance. On Tuesday, Cream Finance announced a new security campaign in collaboration with several DeFi platforms like Immunefi, Armor and DeFiSafety to bring stronger security to its…
“# Bitcoin transactions fees in US dollars near all-time high levels ” Bitcoin (BTC) transaction fees measured in United States dollars are near 2017 levels amid a massive hash rate drop on the Bitcoin network. According to data from several Bitcoin monitoring resources, the average BTC transaction fee in U.S. dollars is near the all-time…
“# UAE employs blockchain tech for remote litigation services ” The government of the United Arab Emirates will employ blockchain technology for use in its judicial notarization and authentication services, it announced on April 19, according to the Emirates News Agency. The adoption of blockchain tech is expected to cut down on the time, effort…
“# Deutsche Telekom invests in mobile DeFi platform Celo ” Deutsche Telekom, one of the largest telecom providers in Europe, has invested in blockchain payments platform Celo to support the development of decentralized finance. The telecom giant has made a “significant purchase” of Celo’s native token CELO through its strategic investment fund, the Telekom Innovation…
“# Crypto payments banned in Turkey — Is this just the beginning? ” Buying something with Bitcoin (BTC) in Turkey will soon be illegal, and the topic of crypto payments has become a political debate since the Central Bank of the Republic of Turkey’s April 16 announcement that it will forbid the use of cryptocurrency…
“# Cardano and Polkadot extend staked capitalization dominance ” The stakes have been upped for Cardano and Polkadot, with the two networks continuing to dominate the staked capitalization rankings. According to data from StakingRewards, Cardano is currently the top blockchain in terms of staked value, with roughly $26.4 billion worth of ADA allocated to securing…