Uniswap Reportedly Down Due To Some Technical Glitch
Uniswap has been reportedly down for hours. It’s discord mod said that all users were unable to access the web app. Decentralized Protocol (DeFi), Uniswap experienced a serious failure because it was unable to open for several hours. Popular journalist Colin tweeted that a Cloudflare routing issue was to blame for the breakdown, according to […]
ASX scraps blockchain plans, leaving $170m hole
The blockchain-backed upgrade, in the works for nearly five years has potentially cost Australia’s primary exchange, ASX over $170 million. The Australian Securities Exchange (ASX) has just canceled its long-promised plans to use blockchain to update its clearing and settlements system. In a Nov. 17 statement, ASX announced it had paused all current activities of […]
Arkon Energy raises $28M to expand Bitcoin mining capabilities
Arkon Energy, uses renewable electricity to mine bitcoin, raised $28 million, led by quantitative investment manager, Blue Sky. The volatile environment of the cryptocurrency sector is not completely deterring builders from entering the market. An Australian company called Arkon Energy that builds renewable data centers recently raised money to expand its bitcoin mining operations and […]
Tether Confirms ‘Zero Exposure’ To Genesis Global, or Gemini Earn
Stablecoin issuer, Tether said on Wednesday that it had no exposure to Genesis or the Gemini Earn program, which have halted withdrawals. After it was announced that Genesis Global and the Gemini exchange were restricting withdrawals, Tether published a brief statement on Nov. 16 stating that it has no exposure to institutional crypto lender Genesis […]
Red Bull Racing closes out F1 season with NFT
To mark the end of the successful 2022 Formula 1 season, Red Bull Racing will have an NFT mark on both drivers’ vehicles at the Abu Dhabi Grand Prix on Nov.20. Red Bull Racing will complete the 2022 season with a nonfungible token (NFT) marked on its vehicles, demonstrating the continued presence of cryptocurrency and […]