Uniswap.com has become another web domain that’s directing traffic to the site of the Sushiswap decentralized exchange.
The post Someone is redirecting Uniswap.com to Sushiswap’s DEX site appeared first on The Block.
Quick Take
- Mike Novogratz, CEO of Galaxy Digital, sees custody as crucial to the “full stack” of crypto financial services.
- Acquiring BitGo also gives Galaxy the technical talent it needs to build its own blockchain applications, he says.
Wood had previously invested in Amun’s exchange traded product (ETP) 21Shares Short Bitcoin ETP. The Zurich-based company intends to use Wood’s expertise to expand 21Shares globally.
The post ARK Invest CEO Cathie Wood joins board of crypto firm Amun appeared first on The Block.
The signaling period for Bitcoin protocol upgrade Taproot has begun, but the necessary consensus might take time to reach.
The post Taproot signaling begins for Bitcoin, but immediate consensus may be out of reach appeared first on The Block.
Babel Finance, the Asia-based, crypto-focused financial services firm, announced Monday that it raised $40 million in Series A funding.
The post Crypto financial services firm Babel Finance raises $40 million in Series A funding appeared first on The Block.
State Senator Kevin Parker is looking to conduct a study on green energy in crypto mining, a proposal that follows another piece of legislation that would impose a moratorium on mines.
The post NY lawmaker behind proposed crypto mining moratorium wants to study renewable energy alternatives appeared first on The Block.
ICBC appears to have quietly allowed public users to activate China’s central bank digital currency wallet inside its mobile app.
The post China’s digital yuan inches closer to full rollout with AliPay, ICBC activations appeared first on The Block.
ParaSwap, a decentralized exchange (DEX) aggregator, has raised $3 million in a seed extension round.
The post Decentralized exchange aggregator ParaSwap raises $3 million in new funding appeared first on The Block.
UBS Group, Switzerland’s largest investment bank, is reportedly planning to offer its wealthy clients exposure to cryptocurrencies.
The post Swiss banking giant UBS is exploring crypto offering for clients: report appeared first on The Block.
Quick Take
- Oracles are key pieces of infrastructure in DeFi protocols today and vary greatly in terms of data production, network effects, and decentralization
- These differences result in tradeoffs between oracle speed, accuracy, security, and modularity
- Oracle solutions in the future will need to simultaneously secure assets worth billions of dollars and meet the growing demand for quick support of long-tail assets
