Gemini Submits Application to Stay Open in Canada
According to a blog post on April 12, Gemini has made a regulatory filing through which it expects to go on doing business in Canada. In order to register as a restricted dealer, Gemini claimed to have submitted a pre-registration undertaking to Canada’s Ontario Securities Commission (OSC). This registration is necessary under recent Canadian securities […]
Uniswap Unveils Mobile Wallet app to Boost DeFi Adoption
Uniswap has launched a mobile wallet application to promote wider DeFi wallet adoption and support on-the-go trading. A significant player in the decentralized finance space, Uniswap, has unveiled a user-friendly mobile wallet app that is intended to promote DeFi wallet usage and make trading easier for mobile cryptocurrency lovers. According to a recent statement, Uniswap […]
Zambia Leads Africa in Crypto Adoption
Due to its intention to complete testing on cryptocurrency laws by the end of June, Zambia is in the lead of the field. The government seeks to strike a balance between expanding technology and safeguarding its citizens, according to science and technology minister Felix Mutati. The minister added that laws governing the usage of digital […]
Ethereum Surges Past $2k as Uncertainty Surrounding Shanghai (Shapella) Upgrade Settles
Ethereum, the second-largest cryptocurrency, had a significant network update on April 13, 2023, known as the Shanghai Upgrade. The upgrade permits ETH holders to unstake their assets, providing them with more access to their holdings. This event has had a positive effect on the network and ecosystem, as seen by the continued expansion of Ethereum’s […]
Over $5 million exploited in recent DeFi hacks on Aave and Yearn Finance
As DeFi hacks continue to plague the cryptocurrency industry, PeckShield, blockchain security firm reports that Aave and Yearn Finance are the latest protocols to be targeted by exploiters. Aave’s version 1 was impacted, while versions 2 and 3 remained unaffected. The oldest version has been frozen since December 2022, and the team behind the lending […]