Vitalik Buterin says Uniswap should become an oracle token

Uniswap’s native UNI token can greatly enhance its utility by becoming a pricing oracle for stablecoins, according to Ethereum co-founder Vitalik Buterin.  In a proposal submitted to Uniswap’s governance platform, Buterin said that a successful decentralized finance, or DeFi, ecosystem relies on a “highly secure pricing...

Bitcoin car will race at the Indianapolis 500

A car and driver branded with the Bitcoin logo will be racing in circles against 32 others in this month’s Indianapolis 500. According to a blog post from Zap CEO Jack Mallers, U.S. racing driver Ed Carpenter will be in control of the “orange-spotted, Bitcoin-covered,...

SEC warns of Bitcoin futures risks in mutual funds

The United States Securities and Exchange Commission, or SEC, has issued an investor warning pointing out risks of mutual funds that have exposure to Bitcoin (BTC) futures. In an official statement on Tuesday, the SEC strongly encouraged investors to thoroughly consider risks disclosure of a...