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Cryptocurrency
EU Regulators Examining Binance’s Stock Tokens
- The U.K. FCA is reportedly working with Binance to better understand the stock tokens, and what regulation may apply to them.
- Binance said a prospectus was not required as the tokens were not settled in fiat currency, but in Binance USD (BUSD).
Facebook’s Diem Expected to Launch Stablecoin Pilot in 2021
- While there was no confirmed date for the launch of the pilot, sources have said it will involve a single stablecoin tied to the U.S. dollar.
- The pilot is expected to be a small-scale one, mainly focusing on payments between individual consumers.
Uniswap V3 Deployed to Testnets
- The third iteration of Uniswap is now available on the Ropsten, Rinkeby, Kovan, and Goerli Ethereum testnets.
- Set to launch on the mainnet on 5 May, Uniswap V3 will introduce a number of new features, such as concentrated liquidity and a multiple fee tier system.
WeWork to Accept Cryptocurrency as Payment
- WeWork will begin accepting BTC, ETH, USDC, PAX, and other cryptocurrencies through BitPay.
- Coinbase will become the first company to pay for its WeWork membership with cryptocurrencies.
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PayPal’s Venmo Launches Crypto Trading Service
- The new "Crypto on Venmo" service will be made widely available to Venmo's 70 million customers within a "few weeks".
- Similarly to PayPal, crypto trading on Venmo will be limited to Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
Signature Bank Becomes Circle’s Banking Partner
- With the partnership, Signature will become one of the leading financial institutions to hold billions of USDC reserve funds.
- By integrating with Signature's Signet payments platform, Circle is opening the door to future integrations of products and services within the bank.
eToro Adds Support For Chainlink, Uniswap
- UNI is the first DeFi token to list on eToro.
- The new offering brings the total number of tokens available on eToro to 18.
Bitcoin’s Lightning Network Now Live on OKEx
- The layer-2 scaling solution is currently available on the OKEx desktop website and is yet to go mobile.
- The integration will benefit the entire Bitcoin ecosystem, as it will increase the number of participating lightning network nodes.
Refinable Becomes First Polkastarter IDO Exclusive to Binance Smart Chain
- The NFT marketplace's IDO will take place on 23 April, with the project distributing 500 million $FINE tokens.
- This is the first time a project exclusive to BSC is having an IDO on Polkastarter.
The New Pangolin Liquidity Mining Rewards Are Live
- The new yield farming rules set the PNG-pair rewards to three times those of AVAX pairs.
- This appears to be the first of many governance votes, aimed at improving the tokenomics of the PNG token.
Binance Chain Burns $595 Million Worth of BNB
- Binance burned 1,099,888 BNB, reducing the total supply of the token to 169,423,937 BNB.
- This is the highest-ever burn in terms of dollar-value, as BNB has seen its price increase 1,581% during Q1 2021.
AdoptionSociete Generale headquarter entrance in La Defense, Paris, France, 3 December 2014. Shutterstock
Societe Generale Issues Security Token on Tezos
- The bank issued a €5 million Euro Medium-Term Note (EMNT), a type of fixed debt security that expires in 5 to 10 years.
- The transaction is a key step in launching the bank's enterprise-focused crypto arm in 2022.
OpenEthereum Experiencing Sync Issues Amid Berlin Upgrade
- Shortly after the Berlin upgrade was activated, the Ethereum software client malfunctioned, and is now stuck on block 12,244,294.
- Popular crypto companies, such as Coinbase and Ledger, are now experiencing issues with their ETH and ETC-20 services.
1inch Network Optimized For The Berlin Hard Fork
- 1inch optimized its smart contracts to avoid suffering from increased costs brought on by the Berlin hard fork.
- One of the EIPs incorporated in the fork could triple the cost for swapping tokens on DEXs.