Built on the Cosmos SDK, this new sidechain is the result of a successful collaboration. It brings together RippleX, Axelar, Common Prefix, and Peersyst.
Crypto prices remained on edge on Friday as the market came to terms with Donald Trump's trade war and its implications. Bitcoin bounced back above $84,000, while other popular tokens like Ethereum, Ripple, and Solana crawled back.
The crypto market today has resumed its business with sentiments being unchanged over the previous day. Talking about numbers, the market cap has sunk 1.38% since yesterday to $2.65 trillion. The trading volume has taken a shot down 32.13% to $88.91 billion.
Compound Labs, the team behind the DeFi protocol Compound Finance, is considering launching a dedicated foundation to streamline operations and support the protocol's long-term development. Compound is one of the most popular DeFi lending protocols on Ethereum.
The Uniswap DAO has decided to move forward with its treasury delegation program, which could allocate up to 18 million UNI tokens — valued at around $113.4 million — to chosen delegates.
Uniswap DAO has voted to continue its “treasury delegation program” in a preliminary decision that will now move onchain.
UNI, Uniswap's native token, appears bullish and is poised for massive upside momentum after a prolonged price decline and bearish market trend. This shift in sentiment occurred as the overall crypto market began experiencing a price reversal and forming bullish price action.
Decentralized crypto exchange Uniswap has slumped in the US App Store's finance category rankings. The block data shows Uniswap plunged from 99 to 364 in ranking within two months. The substantial shift came after the protocol soared to new heights following Donald Trump's presidential victory.
Uniswap's App Store ranking has plummeted from 99 to 364 in just two months, marking a drastic decline.
The Cosmos ecosystem is set to transform blockchain interoperability with IBC Eureka, the upgrade to its Inter-Blockchain Communication (IBC) protocol. The first transaction between Cosmos Hub (ATOM) and Ethereum was successfully made on Friday, March 28, with potential implications for the user and developer experience in web3.
Uniswap's U.S. app store ranking surged after the pro-crypto election victory but has since collapsed from #99 to #364, reaching record lows.
Uniswap (UNI) has slipped below the crucial $6.7 support level, raising concerns about a potential extended downturn. This breakdown comes amid increasing selling pressure, signaling that the bulls may be losing their grip on the market.
Coldware (COLD) has carved a distinctive space in the DeFi and Web3 landscape by integrating blockchain-native hardware with a utility-first ecosystem. Unlike legacy platforms built purely in code, Coldware (COLD) introduces a physical dimension to Web3 through its IoT-enabled ColdBook® devices and mobile-ready Larna 2400® nodes. These devices, combined with its dApp store, Freeze.
Cosmos developers are working to extend the Inter-Blockchain Communication (IBC) protocol to Ethereum.
Cosmos developers are advancing efforts to enhance the Inter-Blockchain Communication (IBC) protocol by extending its capabilities to Ethereum.
Once projects hit a critical mass, the economics and control offered by custom application-specific blockchains become too compelling to ignore
Cosmos's development team has successfully conducted the first Inter-Blockchain Communication transaction directly between Cosmos Hub and Ethereum.
TL;DR IBC Evolution: Cosmos developers unveiled the “Eureka” IBC upgrade (IBC-go v10) that paves the way for native Ethereum interoperability, enabling seamless asset and data transfers. Milestone Test: Interchain Labs successfully tested an IBC transaction from Cosmos Hub to Ethereum, marking a crucial step toward robust cross-chain functionality.
The development is part of the Eureka upgrade for Cosmos ecosystem, which is expected to release this year.
The crypto market continued to increase over the past 24 hours, rising almost 1% to $2.86 trillion as it inches towards the $3 trillion mark. Bitcoin (BTC) saw a marginal rebound as it went from $86,380 to $88,447 before declining to its current level.
Zero-knowledge proof (ZK-proof)-based compliance protocol PureFi has launched its Know Your Customer (KYC) and Anti-Money Laundering (AML) integration for the Uniswap decentralized exchange (DEX).According to a recent announcement shared with Cointelegraph, PureFi claims that its ZK-proof-based KYC and AML integration for Uniswap helps address security and compliance concerns at the protocol level. While the integration can be implemented as part of any Uniswap v4 pool, it was deployed as part of the PureFi DEX Uniswap implementation, replacing standard interfaces with custom compliance routers.
Nubank, a Latin American financial bank backed by Warren Buffett's Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio. The bank is adding Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) to its 100 million clients in Brazil, according to a March 25 announcement.
dYdX has announced its first-ever buyback program, committing 25% of protocol fees to buy DYDX on the open market. Based on last year's revenue numbers, that could amount to over 11M in DYDX purchased per year.
TL;DR dYdX has launched a token buyback program to strengthen network security and improve the utility of its native token. 25% of the protocol's monthly net fees will be allocated to token buybacks, with the tokens being staked to enhance the network's resilience.
dYdX, the decentralized perpetual contracts trading platform community, has officially launched the first-ever $DYDX Buyback Program, a major move for the protocol. The post dYdX Community Launches DYDX Buyback Program appeared first on Cryptonews.
DeFi protocol dYdX has announced the launch of a token buyback program. The protocol plans to spend 25% of its net protocol fees on buying back the DYDX token from the open market.
dYdX will begin monthly token buybacks with 25% of its annual net protocol fees via its Treasury SubDAO.
With 85% of DYDX tokens already unlocked, dYdX is rolling out a buyback program to pump value back into the ecosystem.
DYDX price has surged by nearly 9% after dYdX announced its new buyback program. The decentralized derivatives exchange will use 25% of the protocol fees to repurchase DYDX from the market.
Decentralized trading exchange dYdX has introduced a token buyback program to strengthen network security and enhance the utility of its native token, DYDX. According to a March 24 announcement, the protocol stated that it would allocate 25% of its net monthly fees to buy DYDX tokens from the open market.
DYdX is allocating 25% of protocol fees to the program, with active governance discussions on an increase to 100%.
Decentralized finance (DeFi) trading platform dYdX announced its first-ever token buyback program on March 24, aiming to reinvest in its ecosystem to enhance security and governance.According to the announcement, 25% of the protocol's net fees will be dedicated to monthly buybacks of its native dYdY (DYDX) token on the open market. Following the announcement, DYDX surged over 10% and was trading at approximately $0.731 at the time of writing, according to CoinGecko.
Uniswap [UNI] has flipped a key descending trendline, fueling a bullish push toward $8.
PancakeSwap witnessed remarkable growth over the past few sessions, with its trading activity increasing by nearly 60% within the past week. The renewed investor and trader optimism saw CAKE gaining over 17% in the last seven days. The remarkable upside coincided with increased trader activity on PancakeSwap.
Binance Announcement Today: The cryptocurrency exchange behemoth again nabbed substantial investor attention with its latest update on six tokens. On Monday, March 24, the CEX revealed plans to update the collateral ratios for CRV, UNI, ALGO, KSM, XTZ, and XEC crypto under ‘Portfolio Margin.
The competition among decentralized exchange platforms (DEX) has seen a significant shift. PancakeSwap has surpassed Uniswap in weekly transaction volume, claiming the top spot among decentralized exchanges. In a tweet, CoinMarketCap highlighted this milestone of Pancakeswap, explaining that the platform traded 14 billion dollars in one week with a growth of 58.04%. Pancakeswap thus surpassed Uniswap.
Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday post on X by coinmarketcap.com's social media account reveal that the DEX Pancakeswap secured the top position in this week's trading volume figures.
PancakeSwap has claimed the top position in global decentralized exchange (DEX) rankings, achieving over $14 billion in weekly trading volume. According to CoinMarketCap data, PancakeSwap (CAKE) has seen an impressive 58.04% increase in activity over the past week.
Coinbase has launched Verified Pools, a tool to swap or trade tokens over a DeFi network. However, with an added feature, liquidity providers must verify their identities.
UNI may be poised to maintain its momentum on the charts, supported by growing demand and fall in selling pressure.
This week has seen a resurgence in trading activity in the crypto market. It is reflected by the spike in global crypto market capitalization, which has grown by $101 billion in the past seven days.
More than 80% of governance participants voted in favor of two new proposals that will fund the Uniswap Foundation's initiatives.
Uniswap revives the long-debated fee switch that could reshape its revenue model.
TL;DR PancakeSwap solidifies its position as the third-highest revenue-generating protocol in the last 24 hours, reaching $4.56 million and surpassing platforms like Uniswap, Jupiter, and Lido. The price of CAKE has surged 45.72% over the past week, driven by the platform's growth and increasing investor interest.
Bitcoin edged higher on March 20, 2025 as an injection of optimism helped several altcoins higher. XRP, Uniswap (UNI), and Bonk (BONK) are all seeing notable gains, leading the top 100 by market cap. Meanwhile, BNB Chain tokens are also rising following Binance's vote-to-list announcement on Wednesday.
Part of the steps toward sharing revenue would be to make the Uniswap Foundation a legal entity.
Uniswap price has climbed 8% to $7, driven by community approval of governance proposals to activate the long-anticipated fee switch.
Uniswap's UNI token price jumped after the community approved a $165.5 million funding package that advances the fee switch initiative allowing token holders to earn protocol revenue.