Uniswap has launched its v4 decentralized exchange (DEX) on 12 blockchain networks, including Ethereum and Avalanche, the Uniswap Foundation said on Jan. 31. The upgraded DEX introduces “hooks,” plugins that let developers create custom logic for cryptocurrency trading pairs, Uniswap said. Uniswap v4 will also operate on layer-2 scaling networks, including Arbitrum, Base, Optimism and Polygon,…
Stablecoins, which play a major role in the global cryptocurrency ecosystem, saw massive adoption in 2024, with their transfer volumes beating those of Visa and Mastercard combined. The annual stablecoin transfer volume reached $27.6 trillion last year, surpassing the combined volumes of Visa and Mastercard by 7.7%, according to a Jan. 31 report by crypto exchange CEX.io….
What is DeepSeek? DeepSeek is an AI model (a chatbot) that functions similarly to ChatGPT, enabling users to perform tasks like coding, reasoning and mathematical problem-solving. It is powered by the R1 model, which boasts 670 billion parameters, making it the largest open-source large language model as of Jan. 28, 2025. DeepSeek developed two models: v3 and…
Tether said it’s bringing its namesake stablecoin to Bitcoin through the layer 2 scaling service, the Lightning Network. Tether CEO Paolo Ardoino and Lightning Labs CEO Elizabeth Stark announced the partnership on stage at the Bitcoin-focused Plan B conference in San Salvador, El Salvador, on Jan. 30. Tether said in a blog post that Lightning Labs — the…
Major cryptocurrency asset manager Grayscale continued expanding its crypto investment offerings, launching a new exchange-traded fund (ETF) offering exposure to Bitcoin mining. Grayscale is debuting Grayscale Bitcoin Miners ETF (MNRS), an investment product offering exposure to Bitcoin miners and the BTC mining ecosystem, the company announced on Jan. 30. The fund invests specifically in companies from…
Mobile cryptocurrency users have reached a new all-time high, as Increasingly more passive cryptocurrency holders are turning into active users, showcasing growing mainstream adoption. Mobile cryptocurrency wallets reached a new all-time high of over 36 million in the fourth quarter of 2024, according to Coinbase’s quarterly crypto market report, published on Jan. 29. “Mobile wallets can play…