Uniswap Ethereum L2 Addresses Reach New High of 8.5M
Uniswap’s decentralized exchange saw roughly twice the amount of Ethereum layer-2 wallet addresses compared to June. Dune analytics data indicated that 8.5 million Ethereum addresses were transacting on Uniswap via L2s such as Arbitrum, Base, Optimism, Polygon, and ZKSync, representing a new all-time high. In June, Uniswap generated nearly $100 million in fees, making it […]
OKX to Suspend Accounts Engaging with Tornado Cash
OKX COO, Star Xu warned account holders that using Tornado Cash (TORN) will result in a suspension. The CEO of OKX has announced in a statement published on X that users who have been previously sanctioned will be prohibited from opening new accounts on the platform. Additionally, the crypto exchange will terminate the accounts of […]
Algoz Taps Zodia Custody for Safer Investing
Standard Chartered’s crypto custodian, Zodia Custody, partners with Algoz to address counterparty risks that caused market volatility in 2022. Zodia Custody, a crypto custodian that Standard Chartered sponsors, has announced a partnership agreement with Algoz, a quantitative trading firm, to mitigate counterparty risks responsible for substantial market disruptions in 2022. According to a press release, […]
NEAR Launches Protocol to Help Developers
The NEAR Foundation developed a protocol to simplify decentralized application development across blockchains. The NEAR Foundation, a non-profit organization headquartered in Switzerland, has announced the mainnet release of Chain Signatures. This novel protocol is intended to streamline the development of decentralized applications across multiple distributed ledgers. According to a blog post published on August 8, […]
Franklin Templeton Launches Money Market Fund on Arbitrum
The money market fund of Franklin Templeton, a $1.66 trillion asset manager, has been launched on Arbitrum. In a press release, the Wall Street colossus announced that the Franklin OnChain U.S. Government Money Fund FOBXX is now accessible to investors on Arbitrum, an Ethereum Layer 2 blockchain. After being available on Stellar and Polygon, FOBXX […]