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12 May 2025, 13:36
Amber’s $100M AI Crypto Reserve: Major Bet on Bitcoin, Ethereum, and Solana
The post Amber’s $100M AI Crypto Reserve: Major Bet on Bitcoin, Ethereum, and Solana appeared first on Coinpedia Fintech News Amber International, one of the top names in crypto financial services, has just launched a massive $100 million Crypto Ecosystem Reserve. What stands out the most is where they’re putting their money, straight into top assets like Bitcoin, Ethereum, SOL, XRP, BNB, and SUI. This isn’t just another investment fund, it’s a bold strategy powered by artificial intelligence (AI). So, let’s dive into details! Amber’s Smart Investing with the Help of AI Amber isn’t just collecting crypto, it’s building a deeper connection with the blockchain world. The company has already made moves by investing in DeFi Development Corp, which runs a treasury strategy for Solana.
12 May 2025, 13:00
Uniswap sets record with $3T in all-time volume
On-chain data from Dune Analytics showed Uniswap Protocol reached $3 trillion in all-time trading volume on Monday. The analytics firm also noted that the cryptocurrency exchange platform processes about $3.3 billion in daily transactions. The crypto exchange platform also announced its upcoming 7702 wallets and support for other 7702 wallets through EIP 5792. The firm argued that the wallet enhances Ethereum accounts to withstand potential threats from quantum computing and temporarily allows externally owned accounts to function as smart contracts during transactions. Uniswap reaches $3T in all-time trading volume The Uniswap Protocol just crossed $3T in all-time swap volume DeFi is here to stay 🦄 pic.twitter.com/xd2jJ7094e — Uniswap Labs 🦄 (@Uniswap) May 11, 2025 Uniswap Protocol has become the first decentralized exchange to surpass $3 trillion in aggregate all-time volume. Uniswap founder Hayden Adams acknowledged the milestone in a post on May 12, which showed a screenshot from the Dune Analytics dashboard tracking the progress towards the achievement. According to the analytics platform, Uniswap’s daily volume is $3.3 billion. DeFillama also reported that the decentralized exchange leads the DEX market with a 23% share in daily volumes, which it reports as slightly lower at $3 billion over the past 24 hours. On-chain data also showed that PancakeSwap is the second-largest DEX in volume, with $2.7 billion and a 21% DEX market share. Uniswap Protocol total trading volume. Source: Dune Analytics . DeFillama noted that Uniswap’s total value locked (TVL) is hovering under $5 billion, roughly half of its 2021 all-time high. The decline reflects an overall trend in the DeFi space, where the TVL has also halved since late 2021. DeFillama shows a DeFi TVL of $124 billion, while DappRadar reports $132 billion, with more than half of this total on Ethereum. Uniswap’s native token, UNI, has followed the opposite trajectory as it remained down more than 84% from its peak price of $45 in May 2021. At the time of publication, on-chain data from CoinGecko showed the digital asset had dropped 3.4% on the day of the volume announcement, and was exchanging hands around $7. On-chain data also showed that UNI has increased 6% over the last 24 hours and registered an impressive 38.6% gain over the past week. The token’s movements have brought its market cap to $4.42 billion with a 24-hour trading volume of $485.64 million. Uniswap announces its upcoming 7702 wallet we're rolling out our own 7702 wallet and supporting other 7702 wallets through EIP 5792 with the goal being 1 click swapping for all users — Hayden Adams 🦄 (@haydenzadams) May 12, 2025 Uniswap founder Hayden Adams announced on May 12 that the decentralized exchange is rolling out its own 7702 wallet, which will support other 7702 wallets. He added that the wallet’s goal is to provide one-click swapping for all users, enhancing their experience and making decentralized exchanges more accessible. EIP-7702 is an Ethereum Improvement Proposal led by Vitalik Buterin that went live with the Pectra upgrade on May 7. Pectra acknowledged that Ambire and Trust Wallet were among the first wallets to support the EIP-7702, enabling existing accounts to leverage abstraction features. Ambire noted that EIP-7702 brings smart account functionality to existing user accounts, letting them temporarily act as smart contracts. The firm said that it results in the advantages of account abstraction being accessible without creating new dedicated on-chain addresses, rendering the transition of existing addresses possible. Trust Wallet also launched new features, allowing users to pay gas (transaction fees) in tokens such as stablecoins instead of Ether. Uniswap is also set to follow the company with the launch of its smart account-compatible upgrade for its users. Chen described the upgrade as the biggest since Ethereum’s full transition to proof-of-stake in the merger event. He acknowledged that users will be able to pay fees in tokens other than Ether and bundle multiple actions in one transaction, like approving, swapping, and signing a transaction, all at once. Chen also noted that the new wallet will support sponsored transactions, where third parties can cover gas fees to onboard new users, and automated actions such as subscriptions, dollar-cost averaging, and more. Trust Wallet ’s CEO highlighted that all the wallet’s features will become available to existing users without recreating new accounts with new seed phrases. He added that the company’s vision is to evolve wallets from static key holders into intelligent, user-friendly agents. KEY Difference Wire helps crypto brands break through and dominate headlines fast
12 May 2025, 12:46
Why the BlackRock XRP ETF Might Not Be What Investors Hoped For
The post Why the BlackRock XRP ETF Might Not Be What Investors Hoped For appeared first on Coinpedia Fintech News BlackRock, the biggest asset manager in the world with over $11.6 trillion, now wants an XRP ETF. At first, this might sound like great news for XRP supporters. Vandell Aljarrah, the Co-founder of Black Swan Capitalist, says this move isn’t really about helping people use or invest in XRP. He believes it’s more about control and making money for big financial players. BlackRock’s XRP ETF: Profit Over Access Till now, nine giant firms have filed for an XRP ETF, including Bitwise, 21Shares, Grayscale Volatility, and many more, though giants like BlackRock have yet to join the race. Meanwhile, Vandell Aljarrah said that for those hoping that BlackRock’s XRP ETF would open the floodgates to widespread crypto adoption, the reality might be disappointing. He says that BlackRock may not have good intentions. BlackRock clearly wants an XRP ETF. But before you celebrate & assume it’s a win for crypto, you need to understand. This isn’t about democratizing access to XRP or unlocking utility for investors. It’s about control & profit. (FYI) ETFs can be subtly manipulated. When you… pic.twitter.com/hImPWfcjYt — Vandell | Black Swan Capitalist (@vandell33) May 12, 2025 He believes this move isn’t about giving everyone fair access to XRP or helping investors use its full power. Instead, it’s more about control and profits. Limited Utility with an XRP ETF The Co-founder breaks it down simply, holding native XRP directly, you get more than just a price exposure. You can use it for remittances, liquidity provisioning, staking, smart contracts, and even hold and transfer it on your terms. However, with an ETF, these real-world uses of XRP are completely off-limits. You can’t move it, hold it yourself, or do anything meaningful on the blockchain. It becomes a price-watching game, not real participation. XRP ETF Approval Odds Surge to 81% After news broke that BlackRock might be eyeing an XRP ETF, bettors on Polymarket are feeling bullish . The chances of an XRP ETF getting approved by the end of 2025 have now jumped to 81%. Just a short while ago, those odds were sitting at 77%, showing how quickly sentiment is shifting. And when it comes to a possible approval before July 31, things are more divided. About 44% of bettors think it could happen by then, while the rest believe it may take longer.
12 May 2025, 12:00
Uniswap Achieves Astounding $3 Trillion Trading Volume Milestone
In a landmark moment for the world of decentralized finance (DeFi), Uniswap has officially crossed an extraordinary threshold, reaching $3 trillion in total cumulative trading volume. This monumental achievement solidifies Uniswap’s position as a leading force in the crypto market and sets a new benchmark for decentralized exchanges. What is this $3 Trillion Trading Volume Milestone? Hitting $3 trillion in total trading volume means that, since its inception, users have collectively swapped assets worth this staggering amount on the Uniswap protocol. This isn’t just a large number; it represents the aggregate value of every trade facilitated through the platform’s automated market maker (AMM) mechanism. It signifies massive user adoption and trust in the protocol. It highlights the sheer scale of liquidity available on Uniswap. It demonstrates the growing maturity and capability of decentralized trading infrastructure. For context, $3 trillion is a figure comparable to the GDP of major countries or the market capitalization of some of the world’s largest companies. Achieving this milestone underscores the significant economic activity now flowing through decentralized protocols. Uniswap’s Dominance in the Decentralized Exchange Space Uniswap has long been a pioneer in the decentralized exchange (DEX) landscape. Launched in November 2018, it introduced the concept of the Automated Market Maker (AMM) to a broader audience, revolutionizing how tokens are traded without traditional order books or intermediaries. Its v3 iteration further enhanced capital efficiency through concentrated liquidity. This $3 trillion volume figure isn’t just a win for Uniswap; it’s a testament to the viability and increasing adoption of decentralized trading models. While other DEXs exist, Uniswap has consistently maintained a dominant market share, often facilitating more trading volume than all other DEXs combined on certain chains. This dominance is built on: Ease of use and accessibility. Deep liquidity pools across a wide range of tokens. Continuous innovation in its protocol design. Strong community support and integration within the broader DeFi ecosystem. Reaching this milestone first among all decentralized exchanges firmly plants Uniswap’s flag as the undisputed leader in the space. The Significance for the DeFi Ecosystem The growth of Uniswap is intrinsically linked to the growth of the overall DeFi ecosystem. As a foundational layer for swapping assets, Uniswap provides the necessary liquidity and infrastructure for countless other DeFi applications to function. Protocols for lending, borrowing, yield farming, and asset management often rely on Uniswap for price discovery and token swaps. The $3 trillion volume milestone indicates a healthy and active DeFi environment. It shows that users are actively engaging with decentralized applications, moving assets, and participating in the on-chain economy. This volume supports: Increased capital efficiency within DeFi. Better price execution for traders. Higher returns for liquidity providers who earn fees from trading volume. Greater confidence in the robustness of decentralized financial infrastructure. This achievement isn’t just about one protocol; it’s a positive signal for the entire decentralized finance movement, demonstrating its potential to handle significant financial activity. Uniswap’s Impact on the Broader Crypto Market While centralized exchanges (CEXs) like Binance or Coinbase still handle the majority of global crypto trading volume, Uniswap’s $3 trillion achievement highlights the increasing shift towards decentralized alternatives. This growth impacts the broader crypto market in several ways: Increased On-Chain Activity: Higher DEX volume means more transactions occurring directly on blockchain networks, driving demand for block space and potentially impacting network fees (depending on the chain). Reduced Reliance on Centralized Gatekeepers: As DEX volume grows, users have more options to trade without needing to trust a single centralized entity with their funds. Innovation Driver: The success of Uniswap’s AMM model has inspired numerous other protocols and innovations within the crypto space. Liquidity Provider Opportunities: The volume creates opportunities for crypto holders to earn passive income by providing liquidity to Uniswap pools. This milestone serves as a powerful indicator of the crypto market’s evolution, showcasing the increasing preference for permissionless and censorship-resistant trading venues among a significant segment of users. The Role of Uniswap and its Founder’s Vision At its core, Uniswap is an automated liquidity protocol. It allows users to swap ERC-20 tokens on Ethereum (and other supported chains) without needing buyers and sellers to create orders. Instead, it uses liquidity pools funded by users who earn a portion of the trading fees. Hayden Adams, the founder of Uniswap, shared the news of the $3 trillion milestone on X, stating, “Bet its the first to 10.” This brief but confident statement reflects a belief in Uniswap’s continued growth trajectory and its potential to reach even greater heights. It suggests that the team and community see this $3 trillion mark not as a peak, but as a significant step on the path to much larger volumes, potentially rivaling or even surpassing traditional financial markets in the future. Looking Ahead: What’s Next After $3 Trillion? Reaching $3 trillion is a massive accomplishment, but the world of decentralized finance is constantly evolving. The focus for Uniswap and the broader DEX space will likely involve: Scaling Solutions: As volume grows, scalability remains crucial. Integration with Layer 2 solutions and deployment on various high-throughput blockchains will continue. Regulatory Clarity: The increasing volume and importance of DEXs will inevitably attract more attention from regulators globally. User Experience: Making decentralized trading even more accessible and user-friendly for mainstream adoption. New Features and Products: Exploring options like concentrated liquidity improvements, limit orders, and other trading tools within the decentralized framework. Hayden Adams’ prediction of being the first to $10 trillion is ambitious but speaks to the potential he sees in the protocol and the broader shift towards decentralized trading. Achieving that would truly place Uniswap in a category of its own, potentially competing on volume with some of the world’s largest financial institutions. Conclusion Uniswap reaching $3 trillion in total trading volume is a historic moment for decentralized finance and the entire crypto market. It underscores the protocol’s success, the growing adoption of DEXs, and the increasing maturity of on-chain financial activity. As Uniswap continues to innovate and expand, this milestone serves as a powerful indicator of the transformative potential of decentralized technology to reshape global finance. To learn more about the latest explore our article on key developments shaping DeFi trading volume and the crypto market.
12 May 2025, 11:52
Trump-Linked Mining Firm to Merge and Go Public
The post Trump-Linked Mining Firm to Merge and Go Public appeared first on Coinpedia Fintech News Hut8’s subsidiary, American Bitcoin, a mining firm associated with former President Trump, is gearing up to go public. The company will merge with Gryphon Digital, a strategic move that could help it expand its presence in the competitive mining industry. This merger is a significant step for American Bitcoin as it aims to attract more investors and increase its market influence. The move signals growing interest in crypto mining and blockchain technologies in mainstream finance.
12 May 2025, 11:40
WEMIX Delisting: Wemade’s Crucial Legal Battle Against South Korean Crypto Exchanges
The world of cryptocurrency is rarely dull, and recent events in South Korea prove just that. The threat of a WEMIX delisting by major exchanges has escalated, leading blockchain gaming giant Wemade to take decisive legal action. Wemade Files WEMIX Injunction: What Happened? In a significant development, Wemade, the company behind the popular WEMIX token and a prominent player in the blockchain gaming sector, has filed a provisional injunction. This legal maneuver took place on the evening of May 9, targeting the Seoul Central District Court. The clear objective? To block the impending delisting of the Wemade WEMIX token from several key South Korean cryptocurrency exchanges. This filing represents a direct challenge to the exchanges’ decision and aims to secure a court order that would temporarily prevent the removal of WEMIX from their trading platforms while the legal arguments are considered. Targeting South Korean Crypto Exchanges The injunction specifically names major South Korean crypto exchanges : Bithumb, Coinone, Korbit, and Gopax. These platforms represent a significant portion of the cryptocurrency trading volume within the country, making their decision to delist WEMIX a severe blow to the token’s liquidity and accessibility for South Korean investors. The collective action by these exchanges suggests potential concerns regarding the WEMIX token, although the precise reasons cited for the delisting action were not detailed in the provided information. Typically, delistings can stem from various factors, including regulatory compliance issues, concerns over tokenomics, lack of transparency, or failure to meet listing standards. A Recurring WEMIX Legal Battle Interestingly, this isn’t the first time Wemade has resorted to legal means to defend its token’s listing status. This marks the company’s second attempt to secure a court-ordered halt to a WEMIX delisting, with the previous legal challenge occurring in 2022. The recurring nature of this WEMIX legal battle highlights the ongoing tension and potential disagreements between Wemade and the exchanges regarding the token’s eligibility for trading. The outcome of this injunction filing is eagerly awaited by WEMIX holders and the broader South Korean crypto community. A successful injunction would provide a temporary reprieve, allowing WEMIX to continue trading on these platforms while the underlying issues are potentially addressed or further legal proceedings unfold. Conversely, if the court denies the injunction, the delisting could proceed, potentially impacting the token’s price and availability significantly. This situation underscores the complexities and challenges faced by blockchain projects operating within regulated markets, particularly concerning exchange relationships and compliance requirements. It serves as a reminder that even established tokens can face hurdles related to listing standards and regulatory interpretations. The legal process is often lengthy, and the resolution of this dispute between Wemade and the South Korean crypto exchanges could take time. Investors and interested parties will need to monitor court developments closely for updates on the fate of the Wemade WEMIX token on these platforms. In summary, Wemade’s filing of a Wemade injunction against major South Korean crypto exchanges to prevent a WEMIX delisting is a critical development. This latest move in the ongoing WEMIX legal battle signifies the company’s determination to keep its token accessible on key trading platforms and highlights the dynamic and sometimes contentious relationship between crypto projects and the exchanges that list them. To learn more about the latest crypto market trends, explore our article on key developments shaping cryptocurrency institutional adoption.
