DeFI News by Thebittimes.Com

Arthur Hayes. Source: a video screenshot Arthur Hayes, a prominent American banker, entrepreneur, and former CEO of crypto derivatives giant BitMEX, has speculated that the next crypto bull run will kick off when China eases its stance toward the crypto market.  The crypto advocate argued that there are signs that it is already happening, one of which is the Hong Kong government’s recent announcement regarding a bill to regulate crypto . This is because Hong Kong acts as “the proxy through which China interacts with the world.” "Hong Kong’s friendly reorientation towards crypto portends China reasserting itself in the crypto capital markets. When Choyna loves crypto, the bull market will come back. It will be a slow process, but the red shoots are budding," he said in a recent blog post titled “Comeback." Hayes claimed that China may view Hong Kong as a testing ground for its experiment with crypto markets. Furthermore, C...

Join Our Telegram channel to stay up to date on breaking news coverage According to a recent announcement by the Ethereum development firm Nethermind, the company has just “transpiled and compiled” Ethereum’s largest decentralized exchange, Uniswap, on Warp. Warp is Nethermind’s newest project which was created in order to allow Ethereum’s users to swap tokens on the project’s Layer 2 network, StarkNet. As a more scalable network, StarkNet can eliminate issues such as lengthy transaction processing and expensive payments on the network. As of now, Uniswap v3 has officially been moved to StarkNet, where it is expected to operate in a much more efficient manner. Uniswap was successfully brought to StarkNet The move was announced by Jorik Schellekens, the project’s team lead, in a Medium post published yesterday, October 9th. The announcement called Warp as a Solidity-to-Cairo Transplier, meaning that it allows projects developed on Ethe...