OKX Exchange Integrates Uniswap API on DEX
OKX has implemented the application programming interface (API) developed by Uniswap Labs. This integration enables gas-free trading and eliminates common DeFi headaches like slippage, MEV attacks, and failed transactions. According to Jason Lau, chief innovation officer of OKX, the aforementioned function streamlines the process of exchanging decentralized tokens. Lau clarified that the OKX DEX’s integration […]
United States Gov’t Transfers $922M Worth of Seized Bitcoins
The United States government transferred $922 million from two Bitcoin wallets containing funds seized from Bitfinex in 2016 on the same day Bitcoin crossed the $60,000 mark for the first time in over two years. The transfers by the U.S. government transpired on February 28, the same day that Bitcoin surpassed $60,000 for the first […]
Bitcoin Bull Run Triggers New ATH for Spot Bitcoin ETFs
Following Bitcoin’s recent bull run, spot Bitcoin exchange-traded funds (ETFs) in the United States have set a new all-time high (ATH) for the ecosystem with a cumulative daily inflow of $676.8 million. Investments in spot Bitcoin ETFs totaled approximately $680 million on February 28. iShares Bitcoin Trust ($612.1 million), Fidelity Wise Origin Bitcoin Fund ($245.2 […]
Seneca Stablecoin Hacker Returns $5M Following Exploit
Following a $6.4 million digital assets exploit from the Seneca stablecoin platform, the hacker has returned over $5 million after the project pledged a 20% bounty to the hacker. Multiple blockchain security firms identified the vulnerability in the stablecoin protocol on February 28. Enterprises such as CertiK issued advisories to users regarding the vulnerability, imploring […]
Hong Kong Gov’t Allocates $383M AI Subsidy Fund for Cyberport
The Hong Kong government has decided to allocate $3 billion Hong Kong dollars ($383 million) to its Cyberport business park as part of a three-year artificial intelligence (AI) subsidy program. The statement was made on Wednesday, February 28, during the budget announcement for 2024. The program aims to assist local enterprises, universities, and research institutes […]