Crypto Weekly Roundup – Uniswap Investigation, El Salvador Protests, BitConnect Arrests, and More
The world remains keen as the countdown to the El Salvador BTC law is about to end. The past week witnessed multiple protests in the nation. For more info on that and the SEC regulators attacking BitConnect promoters, this article has you covered. Let us dive dip.
El Salvador has seen several protests as the country counts final days before implementing the BTC law. That has raised concerns as far as El Salvador BTC adoption is concerned. At the same time, the country’s Congress approved a 150 million budget to facilitate the initial BTC to USD conversion.
Meanwhile, New York mayoral election candidates show increased crypto interest during their campaigns. Most of the nominees are utilizing a pro-cryptocurrency stance to attract huge numbers.
Vitalik Buterin, Ethereum’s founder, appeared on Twitter to answer queries related to his lifestyle and Ethereum. Meanwhile, Optimistic Ethereum declared that Chainlink, a leading decentralized oracle ecosystem, is now available on its network.
The ETH-compatible platform Moonbeam deployed on the Polkadot (DOT) network declared the completion of its C.R.E.A.M Finance integration to allow easier access to financial services.
OpenOcean, a DeFi aggregator, launched on the Avalanche platform. Avalanche is a high-end open-source protocol that facilitates DApps deployments and supports enterprise blockchains.
Business
Changpeng Zhao, Binance CEO, declared that their US arm might launch its first public offering in the coming three years. On the other hand, analysts and financial experts think Apple iPhone will help in crypto mass adoption. That is because the Apple Company has changed its dealings in an authorized settlement.
Technology
Rumors had it that Twitter plans to add a functionality that will enable its users to integrate their BTC and ETH addresses to their Twitter profiles.
Reports suggest that the SEC is investigating Uniswap Labs, the platform responsible for Uniswap, a DEX. Also, the SEC regulators sued BitConnect founder Satish Kumbhani over his role in raising a fraudulent $2 billion in cryptocurrency.
NFT Market
Stephen Curry, a basketball Champion, has ventured into the NFT marketplace, picking his favorite from the Bored Ape club. Curry paid $180,000 or 55 ETH for the art. Also, Amitabh Bachchan, a Bollywood celebrity, declared that he would release an NFT collection, including personal work, via BeyondLife.Club.
Feel free to share anything else that happened in the crypto space over the past week.
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