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CYRPTO TIMES

Trustless is not the same as trustworthy

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. When Satoshi wrote that “participants can be anonymous,” he also built in the assumption that the rules are enforced by software, not by people. Most of today’s decentralized exchanges keep that promise:…

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Here’s why UMA token price just surged

UMA crypto token went vertical on Friday, reaching its highest point since March, even as other cryptocurrencies retreated. UMA (UMA) surged to a high of $1.440, gaining over 40% from its weekly low. The rally pushed its market capitalization above $112 million. The token jumped after Polymarket, a popular prediction market platform, announced a partnership…

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Bitcoin, Ethereum going mainstream as JPMorgan, SEC open doors: Binance Research

Binance Research highlighted several major developments that suggest that crypto is breaking into mainstream finance. Crypto is no longer on the fringes of the financial world. On Friday, June 6, Binance Research released its weekly report, emphasizing that crypto is becoming increasingly integrated with traditional finance. Still, it noted that crypto was among the hardest-hit…

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