Transaction URL: https://etherscan.io/tx/0xb896334ba1070477010e68ae58670be628c713bd21b91e71fa62d594a17e1452
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Automated market makers (AMMs) offer continuous market liquidity and decentralized trading mechanisms that make a whole host of DeFi innovations viable. Recently, a few projects — including memecoin launchpad pump.fun — have taken an interest in developing their own use case-specific AMMs, veering away from reliance on third-party platforms.
To understand this trend, we need a more intimate understanding of how AMMs work, the problems they solve, and the strategic advantage of customizing liquidity mechanisms to align with project objectives.
AMMs remove TradFi’s order book model…
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I’ve been getting Ledn CIO John Glover’s bitcoin price technical analyses by email for a while now.
But I was finally able to catch up with him in person at the Digital Asset Summit.
Glover, ex-managing director at TD Securities and Barclays, uses Elliott Wave Theory — examining price patterns related to changes in investor sentiment and psychology — to predict BTC price.
Essentially, the theory goes: A deeply liquid market will move in the main trend direction in five waves (three “motive” phases pushing price up, with two downward “corrective” phases in…
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The SEC’s new crypto task force gathered Friday to hear from 11 crypto attorneys and legal experts.
It was the group’s inaugural roundtable discussion, lasting two hours and followed by 90 minutes of public Q&A. The meeting was dubbed the “Spring Sprint Toward Crypto Clarity” and had a focus on “defining security status.”
Spoiler: To the chagrin of much of the crypto industry, roundtable attendees were not able to reach agreement on the very question that has plagued the securities regulator for 5+ years.
Of course, answering the question of how to determine…
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HK Asia Holdings (HKEX: 1723), soon to be renamed Moon Inc., has made history as the first publicly traded company in Greater China to adopt a Bitcoin treasury strategy. In a recent discussion hosted by Allen Helm of Bitcoin For Corporations, new CEO John Riggins outlined the company’s pivot, its regulatory alignment with Hong Kong, and the broader momentum building across Asia.
Riggins, a longtime Bitcoin advocate with extensive experience across China and Southeast Asia, explained that the move was driven by both long-term conviction and a favorable shift in regulatory posture in Hong Kong. He said the company had spent months consulting with regulators, public market investors,…
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Lava has developed a self-custodial Bitcoin borrowing platform. Unlike traditional crypto loan services that take custody of users’ assets (and sometimes engage in risky practices like rehypothecation), Lava is self-custodial and leverages native bitcoin smart contracts (DLCs) to enable a more secure borrowing experience. The platform’s primary product is the Lava Vault, available on mobile and desktop, which serves as a secure, self-custodial wallet and borrowing interface. It uses advanced security features, such as device-based secure chips for private key management and biometric/two-factor authentication, to ensure user funds remain safe. Lava also offers encrypted backups to…
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On Friday, Maryland Delegate Adrian Boafo (D) and New York Assemblyman Clyde Vanel (D) sent a joint letter to Democratic Congressional leaders urging them to pass comprehensive crypto legislation at the federal level.
In the letter, the elected officials cited New York State as being a leader in crypto regulation and proposed that New York’s BitLicense be used as a model for what federal crypto regulation should look like. The letter’s authors also noted that New York State has placed a two-year moratorium on proof-of-work cryptocurrency mining that uses fossil fuels (seemingly citing this as something else the federal government might consider doing).
It was upon reading these…
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After months of delay, Nillion has officially launched its mainnet — a milestone for one of crypto’s more technically-ambitious privacy networks.
Focused on the market for “blind compute,” Nillion hopes its architecture will unlock a new set of use-cases with long-term impact.
Alongside mainnet is the NIL token, which debuted today on exchanges, including Binance.
The mainnet was previously slated for February (under the moniker “Nilluary”), but the launch slipped into late March. “Good tech needs time to cook,” a team member quipped on the project’s Discord last… Read more on Blockworks
Tabit Insurance SCC has announced the capitalization of a $40 million insurance facility, funded entirely in Bitcoin, according to a press release sent to Bitcoin Magazine. This marks the first time a property and casualty (P&C) insurer has held all of its regulatory reserves in BTC while continuing to denominate its insurance policies and premiums in U.S. dollars. The company expressed the benefits of its funding approach, allowing regulators and auditors to verify reserves in real time.
According to Tabit, its use of BTC as capital is intended to provide an alternative source of capacity for the insurance industry. The company operates as a segregated cell company, which allows for…
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