Despite the turmoil in the crypto community, the DeFi ecosystem appears to be doing well. UNI, the native token of the popular DeFi platform, Uniswap, recorded a massive increase this week. The token’s trading volume surpassed that of Ethereum, although its blockchain is built on Ethereum. The native token jumped by over 45% in the…
According to Bloomberg, a popular cryptocurrency exchange, FTX is looking at ways to acquire Robinhood. Robinhood is a popular trading platform in the United States. The platform offers its users access to the crypto and stock market. If FTX successfully acquires the firm, it will help to expand its user base. Bloomberg: FTX To Buy…
According to reports, Solana Mobile has launched an Android mobile device. The purpose is to allow users to connect to Web3. Meanwhile, Solana Labs is the parent company of Solana Mobile. Solana Mobile is involved in the creation of open-source software and created the Solana protocol. The latest Web3 device called Saga is already available…
While publishing this post, the crypto market hovered in the red. The past 48 hours had Bitcoin breaking under the $50K level. That had top altcoins losing their market value or trading within a confined range. Meanwhile, Uniswap secured minor surges as UNI trades between local support and overhead resistance, translating to consolidative movements. Meanwhile,…