Author: Mohammed Ali

Article written by Mohammed Ali

Pi Network community launching PiDaoSwap, a DEX

March 25, 2025 2 mins read

The Pi Network community is creating a decentralized exchange (DEX) called PiDaoSwap. This initiative aims to combat price manipulation by outside exchanges. The goal is to help Pi Coin reflect its true market value, free from the influence of third-party platforms that may distort its price. PiDaoSwap is nearing completion and will soon launch on the Pi Network mainnet. Community sources, including Pi Network VietNames, state that the DEX will

The Uniswap community approves $165.5M for ecosystem growth

March 20, 2025 2 mins read

The Uniswap community has approved two significant governance proposals, securing $165.5 million for the Uniswap Foundation. This funding aims to boost ecosystem growth and innovation, ensuring long-term sustainability. The decision comes after the launch of Uniswap v4 and Unichain, setting the stage for further expansion and increased market activity for UNI tokens. The proposals were part of the “Uniswap Unleashed” initiative, announced on February 14. They mark a pivotal moment

EOS users face a new threat as scammers use address poisoning attacks

March 19, 2025 2 mins read

EOS users are currently facing a serious threat from attackers employing an address poisoning scheme. This tactic involves creating fake wallet addresses that closely resemble legitimate ones. Attackers send small transactions to unsuspecting users, aiming to trick them into copying these fraudulent addresses for future transactions. Security firm SlowMist has identified this scheme, noting that attackers are mimicking major trading platforms. For instance, they created an account named “oktothemoon” to

Standard Chartered proposes to fund US strategic Bitcoin reserve

March 9, 2025 2 mins read

Geoff Kendrick, who leads digital assets research at Standard Chartered, has suggested a way to finance the new U.S. Strategic Bitcoin Reserve (SBR) without increasing the budget. He proposes selling some of the U.S. gold reserves, which are worth about $760 billion, to buy Bitcoin. Kendrick believes this could be a budget-independent strategy. This idea follows President Donald Trump’s executive order that created the SBR and a Digital Asset Stockpile.

Singapore’s Interior Minister warns citizens against crypto due to rising scams

March 7, 2025 2 mins read

Singapore’s Interior Minister, Sun Xueling, has warned citizens to avoid cryptocurrencies due to increasing scams and fraud risks. During a budget hearing, she highlighted the rise in crypto-related fraud, which accounted for a quarter of the country’s total fraud losses last year. Sun expressed concern that victims often struggle to recover their lost money. This warning shows a shift in the government’s attitude towards crypto despite Singapore’s previous reputation as

Cardano co-founder says XRP deserves its place in the US crypto reserve

March 4, 2025 1 min read

Charles Hoskinson, co-founder of Cardano, supports President Trump’s decision to include XRP in the US crypto reserve. He believes that XRP’s utility makes it deserving of this role. Hoskinson responded to Peter Schiff, who questioned the need for an XRP reserve. Trump announced that the reserve would also include Bitcoin, Ethereum, Solana, Cardano, and other valuable cryptocurrencies. Schiff, a long-time critic of Bitcoin, expressed skepticism about the idea of a

Orderly Integrates Monad, the EVM Layer 1 blockchain

February 20, 2025 1 min read

Orderly has integrated its omnichain liquidity infrastructure with Monad, a high-performance EVM Layer 1 blockchain. This integration allows projects within the Monad ecosystem, such as decentralized exchanges, to access deep liquidity easily. Developers can utilize a unified order book that connects cross-chain liquidity and a sophisticated SDK provided by Orderly. Orderly’s architecture is supported by over 20 expert market makers, including Wintermute, Selini, and Riverside. This support leads to narrower

Tether May Sell Bitcoin to Follow New US Stablecoin Rules, Says JPMorgan

February 14, 2025 1 min read

JPMorgan analysts suggest that Tether may need to sell Bitcoin and other assets to meet new US stablecoin regulations expected soon. Their report indicates that Tether might have to offload Bitcoin, precious metals, corporate paper, and secured loans that do not align with the proposed rules. Two bills are in progress: the STABLE Act in the House and the GENIUS Act in the Senate. These bills aim to regulate stablecoin

Tether CEO warns quantum computing could expose inactive Bitcoin wallets

February 10, 2025 2 mins read

Tether CEO Paolo Ardoino has reassured the crypto community that quantum computing is not an immediate threat to Bitcoin’s security. He acknowledged, however, that inactive Bitcoin wallets, including those belonging to Satoshi Nakamoto, could become vulnerable as quantum technology progresses. This statement comes after Google announced that commercial quantum computing applications might be available within five years. In a post on X, Ardoino emphasized that Bitcoin’s cryptographic security is currently

MicroStrategy hints at a new Bitcoin purchase

February 10, 2025 1 min read

Michael Saylor, co-founder of Strategy, recently hinted at a possible return to Bitcoin acquisitions after a brief pause. He shared a Bitcoin tracker on X, as Bitcoin’s price showed some fluctuations. Earlier today, it dipped below $96,000 but later rose above $96,500, according to CoinGecko. Strategy, previously known as MicroStrategy, currently owns 471,107 Bitcoin, valued at over $45 billion. The last time they bought Bitcoin was on January 26, when

Deribit exchange bans Russian users due to new EU sanctions

February 8, 2025 1 min read

Deribit, a cryptocurrency exchange based in Dubai and owned by a Dutch company, has announced a ban on Russian users due to new EU sanctions. Russian traders are a significant part of Deribit’s user base, being the second-largest group on the platform. However, other exchanges still dominate the Russian crypto market. This decision aligns with EU regulations but may have a more significant impact on Deribit than on Russia’s crypto

David Sacks outlines a crypto plan with a Bitcoin Reserve

February 6, 2025 2 mins read

David Sacks, the White House’s Crypto Czar, held a press conference with Senate leaders to discuss important topics like stablecoin legislation and a Bitcoin Reserve. He emphasized the need for clear regulations. Sacks argued that past uncertainties pushed crypto businesses abroad and led to significant fraud cases, such as FTX. Since his appointment by President Trump, Sacks’ role in federal crypto policy was unclear. However, he outlined his agenda, which