There’s a growing case for allowing crypto firms to bypass banks
    18 May 2023

    Making the European Central Bank accessible to payment companies other than traditional banks would allow users to redeem their stablecoins directly for cash. Within 11 days in March, four banks in the United States and one in Switzerland collapsed. First Republic Bank followed in May. Three of the four largest-ever U.S. bank failures occurred in those two…

    Uniswap will deploy on Polkadot parachain Moonbeam
    18 May 2023

    The decentralized exchange gets a Polkadot version via the Moonbeam network. The Uniswap crypto exchange will soon be available on Moonbeam, a parachain of Polkadot, according to a May 17 approved proposal on the exchange’s governance forum. The proposal was put forward by educational group Blockchain at Michigan. It passed with near-unanimous support, with only a single…

    LayerZero partners with Immunefi to launch $15M bug bounty
    18 May 2023

    The program offers a maximum reward of $15 million for anyone who identifies vulnerabilities classified as high severity. Cross-chain messaging protocol LayerZero and security platform Immunefi have teamed up to launch a $15 million bug bounty program. The program offers a maximum reward of $15 million for anyone identifying a vulnerability at the highest severity level. According…