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Anchorage Digital adds Ethereum DeFi Token dYdX to their portfolio

Anchorage Digital adds Ethereum DeFi Token dYdX to their portfolio

Anchorage, a cryptocurrency custodian, is expanding its operations to include governance services for decentralised financial tokens, according to a press release. Upon the launch of the dYdX governance token, Anchorage Digital will be able to take custody of the token on behalf of its customers, the company announced today in a press release. dYdX comes […]

SushiSwap CTO explains why the project isn’t scaling on Optimism anytime soon

SushiSwap CTO explains why the project isn’t scaling on Optimism anytime soon

According to Joseph Delong, rival DEX Uniswap received favourable treatment from the vendor of layer-two solutions, SushiSwap. The chief technology officer of the SushiSwap decentralised exchange has explained why the protocol is no longer interested in scaling utilising Optimistic Ethereum’s layer-two solutions. O, a provider of layer-two solutions, whitelisted many projects last year, including Uniswap […]

Ethereum network congestion temporarily forces closure of crypto gaming casino

Ethereum network congestion temporarily forces closure of crypto gaming casino

The KingTiger Casino, which is owned by Funfair Technologies is currently on the lookout for new solutions that will allow it to offer its members “a new range of features and games” amid Ethereum congestion. Due to congestion on the Ethereum network, an online casino has been forced to temporarily lock its doors. The development […]

55% of world’s top-100 banks purportedly have crypto and blockchain exposure

55% of world's top-100 banks purportedly have crypto and blockchain exposure

It is believed that over half of the top hundred banks in terms of assets under management are investors in key cryptocurrency and blockchain-based startups and initiatives. Reports indicate that global financial behemoth s are growing their involvement in the nascent crypto and blockchain industries, including through early and late-stage funding for initiatives and enterprises […]

Uniswap generates more than $1B in fees for liquidity providers

Uniswap generates more than $1B in fees for liquidity providers

Since the inception of Uniswap in November 2018, more than $1 billion in fees has been produced for the liquidity providers who use the platform. Uniswap , a leading decentralised exchange, has become the first DeFi protocol to produce more than $1 billion in platform fees for liquidity providers, making it the first of its […]