CageChain Newsletter #159 | Uniswap V3, Robinhood Faces Growing Pains with Crypto, Safe Harbor 2.0, NFT Trends and More...

By KHubbard | CageChain | 6 May 2021



Uniswap version 3 adds concentrated liquidity, better oracles, and new fee tiers. The decentralized exchange is competing with trading protocols such as SushiSwap and PancakeSwap for users. Popular investing app Robinhood is once again having issues with processing orders amid the trading frenzy in cryptocurrencies. SEC Commissioner Hester Pierce is confident that enforcement actions are not the preferred way of providing regulatory clarity to the industry. She hopes that her Safe Harbor 2.0 proposal will be welcomed by Gary Gensler, the SEC's new chair. Sales of NFTs are slowing but the impact of the technology is only just being felt, says ConsenSys' fintech co-head. The NFT train has left the station. Or so you could be forgiven for thinking. The massive excitement of the last three months around non-fungible tokens is settling into a more substantive operating reality. Dubai is planning to expand its blockchain-powered know your customer (KYC) tool for financial institutions (FIs), according to an announcement. The nation's Department of Economic Development has joined the Dubai International Financial Center (DIFC), a financial hub for 72 countries in the Middle East, Africa and South Asia, to expand the feature which accounts for more than half of all KYC verifications in Dubai. You can find these and the rest of the week's stories below:


Newsletter #159


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