Uniswap Not Decentralized, Says Ripple CTO
David Schwartz, the CTO of Ripple, has taken to Twitter to discuss which crypto projects are truly decentralized and which are not. He specifically criticized Uniswap, a popular decentralized exchange, for its licensing and governance issues. Uniswap’s open source controversy Schwartz responded to a tweet by @LefterisJP, the founder of @rotkiapp , who accused some […]
Banq Goes Bankrupt Amid Parent Company’s Crisis
Banq, a crypto custodian Prime Trust subsidiary, has filed for bankruptcy in the Nevada District Court. Prime Trust, Banq’s parent company, is attempting to conclude an acquisition with BitGo after experiencing a financial crisis due to the Celsius bankruptcy. Banq also accuses its former executives of stealing its trade secrets and assets to launch rival NFT […]
Bittrex U.S. to Allow Withdrawals After Court Ruling
The U.S. arm of crypto exchange Bittrex is set to open for customer withdrawals Thursday following a ruling by a Delaware bankruptcy court. After receiving a lawsuit from the SEC for running an unregistered securities exchange, the exchange filed for Chapter 11 bankruptcy in May. On May 8, Bittrex filed for Chapter 11 bankruptcy protection […]
Apple Threatens to Remove Damus App Over Bitcoin Tipping Feature
Apple has warned the creators of Damus, a decentralized social media app powered by Nostr, that it will remove the app from the App Store if its Bitcoin tipping feature is not removed. Damus, a decentralized social media app that runs on Nostr, a peer-to-peer network for public messages, is facing possible removal from Apple’s […]
Taiwan Mobile Mulls Crypto Deals Ahead of New Rules
Taiwan Mobile Co. is reportedly in early talks with local crypto platforms, including XREX Inc., for potential collaborations or investments as Taiwan prepares to issue new rules for digital assets. Taiwan Mobile Co., a prominent telecom service provider in Taiwan, is exploring opportunities for collaboration with local crypto platforms as the island’s regulatory landscape for […]