Author: News Room
After integrating with Quickswap, Layer 3 blockchain Orbs has announced that their Liquidity Hub has extended to include Polygon zkEVM. With this change, traders using Quickswap will have access to liquidity obtained via Polygon zkEVM.Onchain traders will benefit from deeper liquidity thanks to the integration of Orbs Liquidity Hub with Quickswap, which will enable them to complete swaps with less slippage. In addition, the Liquidity Hub will provide a simplified user interface, protection against Maximal Extractable Value (MEV), decreased transaction costs, and gas-free transaction executions for Polygon zkEVM users.The Liquidity Hub gives DEXs access to CEX-level liquidity by providing a…
DAMN, the recently launched meme coin on Shiba Inu’s Shibarium blockchain, has continued to garner market-wide attention, recording over five-fold growth in under three days of launch. Members of the Shiba Inu Army are demonstrating their formidability as the new meme coin in the community continues to record staggering metrics in its first few days of existence. Shibarium Meme Coin Rockets 523% According to statistics from the crypto tracking DexScreener, the Shibarium meme coin DAMN has recorded an astonishing 201% gain in the last 24 hours. This surge puts its press time price at $0.00007674 and 0.00008208 against its trading…
Recent reporting from CoinDesk and Fortune suggests the U.S. Securities and Exchange Commission is preparing to classify ether (ETH), the native token of the second-largest blockchain, Ethereum, as a security. The move would undoubtedly have severe repercussions for the entire crypto industry, including derailing plans for an spot ETH exchange-traded fund. This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here. Citing several unnamed sources, Fortune reported that the SEC has subpoenaed several U.S. companies for documents related to their…
A few years ago, there were many cryptocurrency exchanges that didn’t require users to complete a KYC (know your customer) identity verification process. Due to pressure from regulators, however, most exchanges now won’t allow users to trade crypto if they don’t verify their identity. However, there are still some options available to users who want to buy Bitcoin without ID. In this article, we’ll show you how to buy Bitcoin anonymously and give you some useful tips on how to enhance your privacy when transacting with Bitcoin. Use peer-to-peer (P2P) Bitcoin marketplaces that don’t require KYC Peer-to-peer (P2P) Bitcoin marketplaces…
Bitcoin and the rest of crypto went through a brutal cycle in the last two years. Dubbed “crypto winter,” the unforgiving market crushed the hopes of many traders, startup founders, and investors. Marked by scandals, regulatory uncertainty, and lots of FUD (fear, uncertainty, and doubt in crypto parlance), crypto winter brought down some of the industry’s most significant projects and companies. However, the US SEC’s successive approvals of eleven spot BTC ETF applications on January 10, 2024, changed all perspectives, turning many bullish. It’s not just institutions that are optimistic about the development. Even smaller retail traders are excited about…
Rep. French Hill recently cited Ripple’s court verdict against the SEC to emphasize the need for the commission’s reform. The United States Securities and Exchange Commission (SEC) has been under scrutiny in recent times, especially regarding its regulatory policies in the crypto space. Hill Cites Ripple Ruling In a recent development, Rep. French Hill (R-Ark), chair of the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, slammed the commission during a hearing. The hearing titled “SEC Overreach: Examining the Need for Reform” was held yesterday on Capitol Hill. Notably, the lawmakers at the hearing deliberated on whether…
The U.S. law enforcement has apprehended Robert Robb, an MEV engineer known in the crypto community as “pokerbrat,” according to records from the Henderson Police authority. The reason behind the arrest, which happened on March 20, remains unknown as of press time. However, ZachXBT, the on-chain sleuth who called attention to the situation, claims the development could be tied to an earlier rug pull allegedly masterminded by Robb. I am pleased to share @pokerbrat2019 aka Robert Robb was arrested earlier today in Las Vegas according to Henderson Police records. In December 2023 I made a post detailing how he stole…
Notcoin, a simple clicker game built in the messaging app Telegram, continues to gain traction ahead of its planned token airdrop expected in the weeks ahead. Over the past day, the game has set new milestones for total players to date and daily active users. According to in-game data, Notcoin has now amassed more than 30 million total players via Telegram since inception. And early Wednesday, Notcoin said that it hit another peak of more than 5 million daily active players for the first time. Granted, this is based on in-game data—Notcoin is not currently on-chain, so there’s no way…
The world’s largest asset manager BlackRock has recently launched its first Ethereum-based tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which saw the firm fund an Ethereum wallet with $100 million worth of USDC. This initial foray into crypto, however, has taken an unexpected turn. Following the public identification of BlackRock’s wallet address, a wave of crypto enthusiasts sent a flurry of tokens, including memecoins and non-fungible tokens (NFTs), to the address. BlackRock’s digital coffers now hold at least $100,000 worth of these unexpected assets, including 500,000 unshETHing_Token (USH), 250,000 DETF tokens, and 10,000 Realio Network (RIO) tokens. The…
Fantom (FTM) price hit the ceiling today as the cryptocurrency has declined by more than 6% in the last 24 hours. This drawdown is set to leave FTM holders even more distraught since the likely outcome will mean losses for more investors. Fantom Price Poised for a Correction Fantom price had a good run this past week, rising by more than 40%, breaching the $1.00 mark and closing at $1.11 on Wednesday. However, by the looks of it, this will be the highest point of the rally as the cryptocurrency has already begun to decline. At the moment, the altcoin…