Autor: dot-traders

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Uniswap has launched permissionless bridging across nine networks

  • Uniswap launched permissionless bridging across nine networks for seamless asset transfers.
  • The permissionless bridging, powered by Across Protocol, enhances speed and security in transactions.
  • Users can now transfer ETH, ARB, and stablecoins without relying on external services.

Uniswap has officially launched its long-awaited permissionless bridging feature, enabling users to transfer assets seamlessly across nine blockchain networks directly from the Uniswap Interface and Uniswap Wallet.

This functionality, powered by the innovative Across Protocol, addresses the complexities of cross-chain transactions that have historically plagued users, such as long wait times and security concerns.

The Across Protocol stands out as the only cross-chain intents protocol currently in production, utilizing a decentralized network of liquidity pools and relayers. This unique infrastructure ensures that users can bridge assets without the need for permission, enhancing both speed and security.

Seamless multi-chain experience for Uniswap users

With the rollout, the decentralized exchange users can now perform cross-chain transactions involving native assets like ETH and ARB, as well as stablecoins. The supported networks include Ethereum, Arbitrum, Polygon, ZKSync, Base, Zora, Blast, OP Mainnet, and World Chain.

This new in-app bridging feature is one of the most requested enhancements from the Uniswap community, highlighting a strong demand for a more integrated cross-chain experience.

Uniswap Labs emphasized their commitment to fostering a multi-chain ecosystem, noting that over six million users already engage with multiple chains and until now, bridging assets required the use of external services that often featured unfamiliar interfaces and lengthy transaction times.

Uniswap’s solution aims to simplify this process, allowing for fast and secure transactions that settle in seconds rather than minutes.

Uniswap’s new bridging functionality is part of a broader vision to create a seamless multi-chain experience for users. The company also recently introduced UniChain, a new layer-2 solution designed to tackle challenges in the DeFi space, further reinforcing its dedication to innovation in cross-chain liquidity.

As Uniswap continues to roll out new features, users are encouraged to explore the enhanced capabilities of the platform by downloading the Uniswap Wallet or accessing the Uniswap Interface. This move marks a significant step forward in making decentralized finance more accessible and efficient.

The post Uniswap has launched permissionless bridging across nine networks appeared first on CoinJournal.

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Ripple CEO endorses Republican John Deaton in Senate race against Elizabeth Warren

  • Ripple CEO Brad Garlinghouse endorses John Deaton against Senator Elizabeth Warren.
  • Deaton has strong pro-crypto advocacy; Warren criticizes him on various issues.
  • Ripple supports Deaton’s campaign while also backing Kamala Harris’s candidacy.

Ripple CEO Brad Garlinghouse has thrown his support behind Republican John Deaton in his bid to unseat incumbent Senator Elizabeth Warren in Massachusetts.

Garlinghouse publicly endorsed Deaton in an October 22 post on X, saying he “enthusiastically and wholeheartedly” backs Deaton due to his work advocating for XRP holders and the broader crypto industry.

Ripple supports Deaton against Warren

Deaton, a well-known lawyer, has been a vocal supporter of cryptocurrency and is challenging Senator Warren, one of crypto’s most prominent critics.

Garlinghouse’s endorsement came as no surprise to many, given Ripple’s substantial contributions to Deaton’s campaign despite also contributing $11 million in XRP to a political action committee supporting Democratic presidential candidate Kamala Harris.

Interestingly, despite Ripple co-founder Chris Larsen recently endorsing Kamala Harris, he and the company’s chief legal officer Stuart Alderoty have also donated to Deaton’s Senate run.

Additionally, Ripple is a major donor to the Commonwealth Unity Fund PAC, which has been running media campaigns in support of Deaton and against Senator Warren.

Clash over digital asset policies

Crypto regulation has emerged as a significant issue in the Senate race, with Deaton and Warren clashing over digital asset policies during two recent debates.

Warren has accused Deaton of prioritizing the interests of the crypto industry over other critical issues such as immigration and the economy. She has claimed that Deaton’s campaign is beholden to crypto, saying “100% of his loyalty in Washington will be to crypto.”

Deaton, in turn, has criticized Warren for focusing excessively on regulating digital assets and failing to address other pressing concerns. Warren and Securities and Exchange Commission Chair Gary Gensler have become two of the most outspoken critics of cryptocurrency in US government.

With less than two weeks until the US elections, Warren holds a significant lead in most polls, but Garlinghouse’s endorsement of Deaton highlights the growing importance of crypto policy in political debates.

The post Ripple CEO endorses Republican John Deaton in Senate race against Elizabeth Warren appeared first on CoinJournal.

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Nigerian government drops money laundering charges against Binance executive

  • Tigran Gambaryan and Binance have been accused of laundering more than $35 million
  • Nadeem Anjarwalla, a colleague of Gambaryan, was also detained, but managed to escape on a Middle Eastern airline in March

The Nigerian government has dropped all charges against a Binance executive who had been detained in the country since February.

Tigran Gambaryan, head of financial crime compliance at the  crypto exchange, was facing trial on money laundering charges; however, R.U. Adaba, a lawyer representing the Economic and Financial Crimes Commission (EFCC) announced the withdrawal during a hearing at the Federal High Court in Abuja on October 23, according to Premier Times.

He and Binance were charged with laundering over $35 million.

The EFCC lawyer said Gambaryan was an employee of Binance and that he wasn’t involved in the company’s wider financial decisions. The decision was agreed to by Mark Mordi, a Senior Advocate of Nigeria (SAN) representing Mr Gambaryan.

The decision to drop the charges comes two days before a courtroom session was scheduled for October 25. According to Premier Times, the Wednesday hearing appears to have taken place to avoid as much attention as possible.

Nadeem Anjarwalla, a colleague of Gambaryan, had also been detained while the two were visiting the country. In March, it was reported that Anjarwalla escaped after boarding a Middle Eastern airline with the aid of a fake passport.

Charges dropped, but not acquitted

According to Adaba “diplomatic interventions” and the “extent of the defendant’s involvement in the alleged crimes” were the main factors for the decision.

However, another EFCC lawyer said that the charges against Gambaryan were dropped to enable him to get medical attention abroad.

“We have withdrawn the money laundering charges against Tigran Gambaryan to allow him to get medical treatment outside the country,” said EFCC lawyer Ekele Ihenacho.

Notably, while Gambaryan has been discharged, he hasn’t been acquitted. Adaba said the reason they dropped the charges was due to ill health, “it’s not on the ground of insufficient evidence,” adding:

“The matter has not been heard on its merit, and we are still calling witnesses.”

The trial against Binance continues and is scheduled to take place on November 22 and 25.

The post Nigerian government drops money laundering charges against Binance executive appeared first on CoinJournal.

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Legendary trader predicts 6,400% price rally for new altcoin taking on Solana (SOL) and Cardano (ADA)

A renowned trader is predicting a significant 6,400% price surge for Rexas Finance (RXS), a new altcoin challenging both Solana (SOL) and Cardano (ADA) in the crypto market. Rexas Finance, focusing on real-world asset (RWA) tokenization, aims to revolutionize how investors access and trade assets such as real estate, commodities, and more. Currently in its presale, the RXS token is priced at $0.06. The competition is fierce as ADA and SOL are well-established, but Rexas Finance seems to be positioning itself as a strong contender.

Rexas Finance: Bridging real-world assets and blockchain

Rexas Finance is already transforming the way people invest in real-world assets. Through its innovative platform, users can buy and sell fractional ownership of high-value assets such as real estate, gold, and art, making it possible for anyone to own assets with just one click. Rexas Finance also offers tools like the Rexas Token Builder, which simplifies the process of tokenizing real-world assets. This allows users to issue digital tokens representing a proportional share of any asset, creating more liquidity and market access.

The platform’s QuickMint Bot further enhances user experience, enabling even non-expert users to mint tokens seamlessly. Unlike Solana and Cardano, which focus more on digital assets, Rexas Finance integrates blockchain into real-world applications, effectively merging traditional finance with the future of decentralized technology.

Rexas Launchpad and real estate focus

The Rexas Launchpad allows new projects to raise funds through token offerings, giving investors early access to tokens that could see massive appreciation. Stage 1 through 3 of Rexas Finance’s presale sold out swiftly, raising $2.75 million. The fourth stage has seen the price double to $0.06 per token and cross the $3.6 million mark. Investors entering during this phase could see a 3.3x return on their investment upon launch. This momentum is creating serious competition for Solana and Cardano, both of which lack direct exposure to real-world assets.

Rexas Finance’s core focus on real estate makes it unique in the market. The Rexas Estate function allows investors to own fractional shares of property across the globe, from luxurious apartments in New York to beachfront homes in Europe. This form of investment not only provides potential rental income but also allows investors to benefit from the appreciation of real estate values without the burdens of full ownership. The ease of this process attracts a wide range of investors, making Rexas Finance a more attractive option than Solana and Cardano for those interested in real-world asset tokenization.

AI integration and future growth

Beyond real estate, Rexas Finance is incorporating advanced AI features such as the Rexas AI Shield, which offers enhanced security for tokenized assets, and Rexas GenAI, an AI-driven tool that provides investment insights. These tools simplify decision-making and offer users a more secure, efficient way to manage their assets.

Furthermore, the platform’s ongoing $1M Giveaway adds to the excitement surrounding the token’s presale, with 20 lucky winners receiving $50,000 in USDT. Rexas Finance is already listed on CoinMarketCap, adding visibility and credibility. The platform’s ability to tokenize assets like real estate and commodities, coupled with its advanced tools, is rapidly gaining attention. As the presale progresses, the 6400% price surge seems increasingly plausible, making it a strong competitor to SOL and ADA in the expanding crypto market.

 

Final thoughts

The legendary trader’s prediction of a 6400% rally for Rexas Finance (RXS) reflects the platform’s strong positioning against established players like Solana and Cardano. With its focus on real-world asset tokenization, Rexas Finance is set to transform how investors access and trade assets. As the presale continues and the platform gains more visibility, Rexas Finance is likely to become a major force in the crypto market, leaving ADA and SOL to compete in an evolving environment where real-world applications hold the most promise.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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