The popular decentralized exchange, Uniswap, is having one of its latest governance proposals stonewalled by the crypto venture capital giant Andreesen Horowitz (a16z). The ongoing proposal vote, which ends on February 10, is currently 38% weighed against the change – almost entirely due to the software investor. So Much for Decentralization The proposal, tabled by 0xPlasma Labs on February 2, would have Uniswap v3 deployed to BNB chain. To enable the deployment, the proposal chose to use Wormhole – an…
Bear Market
What is a Crypto Market Correction?
A crypto market correction is a period of decline in the value of cryptocurrency prices, usually following a period of rapid growth. The term "correction" is used because it suggests that the market is adjusting to a more sustainable level after prices have risen too quickly. Corrections can occur for a variety of reasons, including market speculation, changes in regulations, and economic conditions. During a correction, the prices of many cryptocurrencies may fall, sometimes by a significant amount. Investors may…
4 weeks ago 119 views
What is a Crypto Bear Market?
A crypto bear market is a period of declining prices in the cryptocurrency market. During a bear market, it is common for the overall value of cryptocurrencies to decrease and for investors to have a general sense of pessimism. There are a variety of factors that can contribute to the occurrence of a bear market in the cryptocurrency market. These can include: Regulatory uncertainty: Changes in regulations, or the potential for new regulations, can create uncertainty and fear among investors,…
4 weeks ago 113 views