Friday, April 19, 2024
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Uniswap’s KYC move essential for DEX survival, expert says

Dmitry Machikhin, BitOK CEO, comments on Uniswap’s KYC hook inclusion, asserting its essential role in avoiding regulatory pressures and championing the move toward crypto-sector compliance. Uniswap to introduce KYC A hook designed to complete the know your customer (KYC) procedure was found in the open directory of the decentralized financial protocol (defi)

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BTC Miners Such as MARA, RIOT, HUT Are Playing a Survival Game, Mulling AI: Bernstein

The resurgence has been driven by two main factors, the report said. First, strong bitcoin price action due to improving sentiment resulting from Blackrock, Fidelity and other institutional exchange-traded-fund (ETF) filings. Second, some bitcoin miners are tapping into opportunities in high-performance computing and artificial intelligence (AI) as a “revenue diversification

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Indian Crypto Exchanges Like CoinDCX, WazirX Are in Survival Mode, Trying to Extend Their Runways

“CoinSwitch has always been conscious of its expenses,” said Ashish Singhal, the company’s co-founder and CEO. “Today, we are proudly serving more than 19 million registered users, and are excited to grow and evolve with them by providing them with a diverse range of investment options, including fixed deposits (FD),

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A Bear Market Survival Strategy for Crypto Miners; Bitcoin, Ether Prices Remain in Holding Pattern

Another bitcoin miner, Mawson Infrastructure (MIGI), said it generated $1.8 million in unaudited revenue by engaging in similar types of strategy as Riot. “When energy prices are low, Mawson engages in bitcoin mining and generates revenue by selling self-mined bitcoin daily, as it has from inception,” the miner said in

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