22 November

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2:28 AM UTC
22 November

|

2:28 AM

Crypto News – December 1st

Uniswap launches NFT trading with $5M Airdrop

The decentralized exchange Uniswap enabled NFT trading on its platform by listing digital collectibles on major marketplaces such as OpenSea, LooksRare, Sudoswap, etc.

According to Uniswap, users who completed more than one transaction on Genie before April 15, 2022 can claim $300 worth of the stablecoin while those holding the Genesis NFT will receive $1,000 in USDC.

Telegram to build new decentralized exchange and crypto wallet

Pavel Durov – Founder of Telegram announced the development of a decentralized exchange (DEX) platform and crypto wallet on his channel. 

Durov explained Telegram would update Fragment within this week. He said the company will build a set of decentralized tools, including noncustodial wallets and decentralized exchanges for millions of people to trade and securely store their cryptocurrencies.

Brazil’s Congress Passes Bill Legalizing Bitcoin, Ether Payments

Brazil’s lower house of Congress has finally passed the long-awaited crypto bill legalizing crypto payments in the country and enabling banks to start offering services in the sector. The Bill, which mainly aims to provide oversight of the country’s cryptocurrency sector, will now be presented to President Jair Bolsonaro for approval before his term lapses on December 31.

Phantom adds Ethereum and Polygon support to become a multi-chain wallet

On Tuesday, 29 November, Solana-focused crypto wallet Phantom announced that it would enable functionality for assets on the Polygon and Ethereum blockchains. The action was also intended to advance the wallet’s goal of developing into a multi-chain wallet. The company claimed that the perceived necessity for self-custody had driven it to expand its product to these other significant blockchains in the wake of the FTX crash. Additionally, authorizing usage on these chains allowed users to quickly access resources from these associated chains.

Related news

Crypto News – January 5

Regulators Seize Millions in FTX Robinhood Shares In a Delaware bankruptcy court hearing, the US Justice Department announced that it had taken custody of $450

Crypto News – January 3

Gemini Co-Founder Accuses DCG’s Silbert of ‘Bad Faith’ in $900M Funds Stalling Dispute The co-founder of cryptocurrency exchange Gemini has accused Digital Currency Group CEO

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