Uniswap Labs’s front-end revenue tops $50 million
Uniswap Labs has generated over $50 million in cumulative front-end fees since implementing a transaction fee on its web interface and wallet app in October. The cumulative front-end fees of Uniswap Labs, the developer firm responsible for the Uniswap protocol, have surpassed $50 million. The protocol implemented a 0.15% fee for user transactions on its […]
U.S. Senate Passes Law Against Non-Consensual Deepfake Porn
The U.S. Senate passed the DEFIANCE Act to combat non-consensual deepfake pornography, enhancing protections for individuals against unauthorized use of their likeness in explicit content. The U.S. Senate has voted on a “anti-deepfake” law that is intended to safeguard individuals from the non-consensual use of their visage in pornographic content. “The DEFIANCE (Disrupt Explicit Forged […]
CFTC’s New Crypto Regulation Stirs Debate
CFTC’s proposed crypto regulation on prediction markets ignite controversy in the crypto sector. The U.S. Commodity Futures Trading Commission (CFTC) has initiated a significant debate in the cryptocurrency community by implementing regulations for prediction markets. Players in the cryptocurrency sector have characterized these proposed regulations as an excess. Dragonfly and Crypto.com, among other prominent entities, […]
Binance and X Face Venezuelan Government Blockade
Venezuela restricts access to Binance, X, and other online services. Access to Binance, social media platforms, including X, and the services of other websites of various corporations has been restricted by Venezuela’s government. This restriction, as per VE sin Filtro, has impacted the exchange’s website and mobile application’s normal operation. Binance Latinoamérica issued a notice […]
Canto Chain Addresses 33-hour Outage Due to Consensus Issue
Canto plans Aug. 12 upgrade to resolve 33-hour outage caused by consensus issue. Cosmos-based layer-1 blockchain According to Canto, the ongoing 33-hour disruption was the result of “an issue with consensus.” To resolve the situation, the company intends to implement an upgrade on August 12. Canto, which was introduced in August 2022, is a permissionless […]