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Uniswap DAO votes against charging LP fees

Cryptopolitan 02 Jun 2023
The recent proposal to introduce protocol fees for the Uniswap decentralized exchange did not pass on June 1, leading to the continued opportunity for liquidity providers (LPs) to earn all revenue from swaps ... The ‘no fee’ camp won the Uniswap DAO votes ... Currently, the exchange charges traders fees ranging from 0.01% to 1% for each swap, depending on the specific pool used ... Debates surrounding the future of fees on the platform linger.

Rocket Pool to Integrate With Zksync Era, Offering Faster Speeds and Lower Transaction Costs

Bitcoin 02 Jun 2023
“Another step in our mission to reduce barriers to entry ensure everyone can participate in Ethereum’s proof-of-stake system.” According to data, the present transaction cost on Zksync stands at $0.10 for sending ether and $0.24 per coin swap. In contrast, an onchain ETH transaction incurs a cost of $1.54, while a high-priority token swap onchain transaction costs $13.91 ... ....

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# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

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Uniswap DAO votes against charging LP fees

Cryptopolitan 02 Jun 2023
The recent proposal to introduce protocol fees for the Uniswap decentralized exchange did not pass on June 1, leading to the continued opportunity for liquidity providers (LPs) to earn all revenue from swaps ... Currently, the exchange charges traders fees ranging from 0.01% to 1% for each swap, depending on the specific pool used ... ....
Edit

Rocket Pool to Integrate With Zksync Era, Offering Faster Speeds and Lower Transaction Costs

Bitcoin 02 Jun 2023
“Another step in our mission to reduce barriers to entry ensure everyone can participate in Ethereum’s proof-of-stake system.” According to data, the present transaction cost on Zksync stands at $0.10 for sending ether and $0.24 per coin swap.
Edit

MOEX’s Spot FX Sees Modest Uptick as Global Volumes Rebound in May

Finance Magnates 02 Jun 2023
In addition, swap trades and forwards totaled RUB 13.1 trillion ($162 billion) last month, descending from RUB 14.3 trillion ($177 billion) a month earlier ... of multibank price streaming services for FX spot and swaps, saw $1.28 trillion in total monthly trading volumes in May.
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FXSpotStream’s Trading Volume Strengthens to $1.28T in May

Finance Magnates 02 Jun 2023
FXSpotStream, a New Jersey-based provider of multibank price streaming services for FX spot and swaps, has released its trading metrics for May 2023. The company reported $1.28 trillion in total monthly trading volumes, an increase of 16% compared to $1.1 trillion in April ... Trading Activities See Recovery ... Cboe FX, 360T and Click365 ... ....
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Hacked Twitter Account of OpenAI CTO Promotes Crypto Scam

Finance Magnates 02 Jun 2023
The Twitter account of Mira Murati, the Chief Technology Officer of OpenAI, was recently hacked, promoting a “scam” cryptocurrency airdrop ... Scammers Becoming Sophisticated ... Though there is no confirmation on how the Twitter account of a tech personality like Murati was hacked, some are pointing out that she was a victim of a SIM swap hack ... ....
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Elon Musk Faces Insider Trading Accusations in Dogecoin Lawsuit Over Twitter Logo Change

Bitcoin 02 Jun 2023
The plaintiffs accuse Musk of inflating the price of DOGE by 30% when he changed Twitter’s blue bird logo “to the Dogecoin Shiba Inu logo.” Tesla’s CEO Accused of Insider Trading for Swapping Twitter’s Blue Bird for Doge ... The lawsuit against Musk, titled “Johnson et al v ... The plaintiffs’ lawyers state. ... ....
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CFTC Moves To Reassess Risk Management – Could This Mean Big Changes For Crypto?

Bitcoinist 02 Jun 2023
As the crypto industry continues to grow and mature, regulators are continuously taking steps to ensure that the industry is subject to appropriate oversight and regulation ... These regulations are applicable to swap dealers and futures commission merchants and aim to ensure sound risk management in the derivatives markets.
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CFTC proposes rule change to strengthen risk management for digital assets

Cryptopolitan 02 Jun 2023
The United States Commodity Futures Trading Commission (CFTC) has proposed to amend its risk management program in response to the growing influence of digital assets and emerging technologies ... The CFTC is seeking public comment on the Risk Management Program (RMP) requirements for swap dealers and futures commission merchants. Learn more ... ....
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As the Meme Coin Craze Shows No Signs of Slowing Down, Here Are 3 Tokens ...

CryptoPotato 02 Jun 2023
The meme coin market has taken a hit in recent weeks, with most tokens suffering double-digit value drops ... Waning Enthusiasm Hits the Meme Coin Market Hard ... Wall Street Memes Ignites Hope After Raising $2.7 Million ... The project offers a custom-built DEX that allows community members to swap any token on the Binance Smart Chain ... Disclaimer ... ....
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Using a Dollar-Cost Averaging (DCA) Strategy to Build Wealth with Crypto Assets

BitPay 02 Jun 2023
In the traditional finance world, dollar-cost averaging (DCA) is a time-honored investment strategy that involves purchasing set amounts of stock at regular intervals, whether the price is high or low ... What is dollar-cost averaging in crypto? ... Quick reminder ... Buy and swap the most popular coins with BitPay to assist in your DCA crypto strategy ... DCA vs.
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News Nuggets | 1 June: Revolut Hits 30M Users; Crypto Trading on TP ICAP

Finance Magnates 01 Jun 2023
Revolut Gets 30 Million Users ... The platform reached the milestone of 25 million customers last November ... CySEC Slaps Symbolic100 Fine to 4 CIFs ... “Raw spreads from 0.0 pips, zero swaps, and just $1 commission per side, all in one account!” the broker highlighted. The account will offer 0 swaps and leverage up to 500.1 ... ....
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Polygon Blockchain to be supported by Deutsche Telekom

CryptoNewsZ 01 Jun 2023
Deutsche Telekom has extended its support to Polygon Infrastructure as a part of its attempts to expand blockchain activities ... No matter the token or chain, users can proceed with the NFT checkout with a single click, courtesy of The Box, which handles token swapping, bridging, and purchasing – primary or secondary. Tags. Polygon (MATIC) ... ....
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Russian Government advises against cryptocurrencies as savings option

Cryptopolitan 01 Jun 2023
Russian Ministry of Finance has cautioned citizens against using cryptocurrencies as savings ... During the blockchain conference “Finance of the Future ... To mitigate the associated foreign exchange risk, Russia is exploring asset swapping and tokenizing precious metals and other assets for settlement purposes ... ....
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The shift in the RMB’s reserve currency math: A deep dive

Invezz 31 May 2023
Bilateral swap lines. Bilateral swap lines are facilities that central banks use to increase market liquidity at home by exchanging each other’s currencies at a fixed exchange rate with interest at a future date ... Data on swap lines in trillions of RMB (IMF).
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Binance collaborates with CBF, launches Fanverse of Brasileir�o Assa�

CryptoNewsZ 31 May 2023
Fans can participate in the series of challenges to accumulate points and swap them for something wonderful and real-life utility ... Complete them all and earn a point for the ultimate unique experience ... Fanverse will grant participants access to a gift catalog, enabling them to swap their accumulated points for the preferred gift reward ... Tags. NFT News.

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