Uniswap Labs, UNI holders could make $468M a year from new L2: DeFi Report
Uniswap Labs and UNI tokenholders will benefit the most from Unichain, while ETH holders will likely see the biggest loss, says DeFi Report founder Michael Nadeau.
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Global Consulting Company Accenture Patents Two Solutions for Blockchain Interoperability
Global consulting company Accenture has patented two solutions focused on blockchain interoperability, according to the data published by the United States Patent and Trademark Office (USPTO) on April 2.The first patent, filed August 2018, patents a method for cryptologic blockchain interoperability. As described in the technical section of the patent, participants can share the token…

Australian Securities Regulator Releases Cryptocurrency, Mining, ICO Guidelines
The Australian Securities and Investment Commission (ASIC) published new initial coin offering (ICO) and cryptocurrency guidelines on its official website on May 30.The regulator detailed the prerequisites that a cryptocurrency business needs to follow in order to comply with both the Australian Corporations and ASIC Acts, but did not cover regulations enforced by other national…

Sanctions on Russia and Belarus will include crypto — European Commission
The expansion of sanctions follows the commission announcing in February that it would be removing several Russian banks from the SWIFT cross-border payment network. 185 Total views 31 Total shares The European Commission has clarified that crypto assets will fall under additional sanctions targeted against Russia and Belarus in response to the military conflict in…

UK financial watchdog orders Binance to halt ‘regulated activity’ in the country
The cryptocurrency exchange has until Wednesday to comply with the Financial Conduct Authority. Binance, one of the world’s largest cryptocurrency exchanges, has been ordered to cease all regulated activities in the United Kingdom following a review of its operations by the nation’s Financial Conduct Authority, or FCA. “Binance Markets Limited is not permitted to undertake any…

Bent Finance confirms pool exploit, advises investors to withdraw funds
Bent Finance proactively advised investors to withdraw funds and plans to reimburse losses "one way or another." 251 Total views 15 Total shares Staking and farming platform Bent Finance joins the list to become the sixth crypto establishment to get hacked in December. The acknowledgment of the attack was followed by requesting investors to withdraw…

David Sacks has 2 years to push through meaningful policies — lawyer
Republicans currently have a narrow majority in the United States House of Representatives, where the party holds 219 seats.

Recap of Cointelegraph Talks: Greenback 2.0 — the Digital Dollar
Speakers from Binance.US, BRD, and Vanderbilt Law have weighed in on the pros and cons of a U.S. Fed-backed digital dollar for Cointelegraph Talks. 180 Total views 32 Total shares On April 21, Cointelegraph hosted its first virtual Cointelegraph Talks meetup. The event consisted of two expert panels discussing major news and developments in the…

2 key Ethereum price metrics suggest traders will struggle to hold the $2K support level
Ether (ETH) price has been trying to establish an ascending channel since the May 12 market-wide crash that sent its price to $1,790. Currently, the altcoin’s support stands at $2,000, but the high correlation to traditional markets is causing traders to be highly skeptical s cryptocurrency market recovery. Ether/USD 4-hour price at Bitstamp. Source: TradingViewTo date,…