Uniswap flips Bitcoin on daily revenue and it’s more impressive than you think

Uniswap flips Bitcoin, Liquidity provider fees for Uniswap have surpassed BTC network revenue on a seven-day average. Uniswap has surpassed Bitcoin in terms of daily fee generation for two days in a row. Uniswap had generated $7.1 million in fees over the past 24 hours compared to Bitcoin’s $4.6 million.

Yearn Finance surges 45% as it joins dog pack with WOOFY

Yearn Finance is up nearly 45% in 24 hours, and it appears to be thanks to the team’s new dog token offering a bi-directional peg to YFI. Despite Dogecoin retracing from its all-time highs above $0.70, dog tokens continue to attract astonishing levels of popularity, with Defi “blue-chip”.

EOS and YFI lead altcoins higher as Bitcoin and Ether bounce from swing lows

YFI, EOS and REV notched double-digit rallies as altcoins capitalized on the oversold bounce in Bitcoin and Ethereum price. The markets were mixed on May 11 as Bitcoin (BTC) recovered from Monday’s drop to $53,000 by bouncing to $56,862 but the digital asset is still finding resistance at the $57,000 level.

Dogelon Mars, Shiba Inu and Dogecoin take the lead

Canine-themed meme tokens like ELON, SHIB and DOGE have taken control of the market while Bitcoin consolidates below $57,000 and Ethereum holds above the $4,000 mark. The biggest event generating conversations across the crypto sector and social media is the rise of dog-themed tokens inspired by the recent mega rally from Dogecoin (DOGE).

Enjin takes an interest in the project that delivers physically-backed NFTs

A new NFT marketplace plans to make tokenized art and media real, putting it on things like T-shirts and hats, and even 3D printing them. A big milestone for Enjin came in March when Efinity was unveiled — a next-generation NFT blockchain built on Polkadot. Uniqly describes itself as a “bridge between virtual nonfungible tokens and real-world goods”

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US Marshals Service Hires Custodian for Seized Cryptocurrencies — Over 185K BTC Confiscated, Sold so Far

The U.S. Marshals Service, a primary law enforcement agency of the Department of Justice (DOJ), has hired a new custodian for its seized cryptocurrencies. The agency has seized and auctioned ...
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Easy-Money Policy Continues: Fed Plans to Keep Purchasing Assets, Interest Rates to Stay Near Zero

Members of the U.S. Federal Reserve discussed the possibility of economic measures and actions at the Federal Open Market Committee’s (FOMC) meeting on Wednesday. The Fed said that right now ...
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New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto Lender

On July 28, Zac Prince, the CEO of crypto finance firm Blockfi, explained that the company has been “engaged in a productive discourse” with U.S. regulators. Prince further said the ...
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Bit Mining to Deploy Another 2,500 Bitcoin Miners in Kazakhstan

Bit Mining is going to expand its operations in Central Asia with the purchase of 2,500 crypto mining machines slated for deployment in Kazakhstan. The new devices are expected to ...
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Here’s what happened to Ethereum co-founder Vitalik Buterin’s $1 billion India Covid crypto donation.

So far, around $20 million has been paid out two months after Ethereum co-founder Vitalik Buterin contributed about $1 billion in cryptocurrencies to an India Covid relief fund. According to ...
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