Uniswap Labs, the entity behind the decentralized exchange (DEX) Uniswap, has been penalized by the US Commodity Futures Trading Commission (CFTC). According to a September 4 press release, the company was accused of illegally offering margined and leveraged retail commodity transactions in digital assets. As part of the settlement, Uniswap Labs must pay a $175,000 fine and halt…
Brad Garlinghouse’s speech on Wednesday reveals that the Ripple stablecoin RLUSD will launch in a few weeks rather than the longer expected duration. The wait for a native stablecoin on the XRP Ledger could end in no time after Ripple’s CEO Brad Garlinghouse gave a morale-boosting update on the stablecoin. Garlinghouse adjusted the timeline for…
Ever heard of “Bonus Buy” slots? If you’re into slots, especially in Bitcoin casinos, you’ve likely come across this feature. Bonus buy slots let you skip the wait and get straight into the action by purchasing access to the bonus round. No more spinning reels hoping to trigger a bonus—just pay the fee and get…
Analyst Benjamin Cowen is issuing a warning on Ethereum (ETH) as the second-largest crypto asset lingers around 40% below the 2024 high recorded in March. Cowen tells his 811,000 YouTube subscribers in a new video that Ethereum could depreciate by at least 5% against Bitcoin (BTC) going forward. “When I look at this chart what…
Advertisement     September seasonality and US indexes are looking weak. Bears are running victory laps and calling for a recession while macro talking heads discuss the effect of 2007 rate cuts on markets. All of these bears will become sidelined buyers for the coming rally. Leading analysts gave their BTC price predictions, and…
Several major publicly-traded Bitcoin (BTC) miners from Wall Street have reported decreased production for August, highlighting ongoing challenges in the cryptocurrency mining sector. Wall Street Bitcoin Miners Report Lower August Production Argo Blockchain (NASDAQ: ARBK) reported that it mined 38 Bitcoin in August, down from 48 in July, due to more frequent economic curtailments and…
Robinhood’s crypto arm has agreed to pay $3.9 million after being accused of preventing customers from withdrawing digital assets from their accounts over a four-year period. On Wednesday, the California Department of Justice said it marked the first public action by the regulator against a crypto firm as it continues to exercise its authority under…
US job openings have dropped to their lowest level in three and a half years in July, to 7.67 million, from 7.91 million in June, while available vacancies “materially missed expectations of 8.09 million.” According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), since seeing a peak in March 2022,…
Coinbase’s CFO has revealed that Kamala Harris is using Coinbase’s Commerce platform for crypto donations through a supporting super PAC, Future Forward. However, Harris’s official fundraising site does not show crypto integration, and some groups are unaware of her accepting crypto donations. Similarly, Coinbase’s CLO, Paul Grewal, sees potential for pro-crypto policies from both Harris…
Cardano price has been steadily moving down a falling channel over the last 145 days. In the last 24 hours, ADA price has performed exceptionally well despite global crypto and traditional markets facing a major downturn. Meanwhile, since the Chang hard fork upgrade on September 1, the Cardano network has been on the front page…