“This includes facilitating member relationships with third parties that allow FICU members to buy, sell, and hold various uninsured digital assets with the third-party provider outside of the FICU,” the statement from the NCUA read. The NCUA is a federal U.S. regulator that oversees credit unions, acting as a counterpart to the Office of the Comptroller of the Currency (OCC), … [Read more...] about Federal Regulator Says Credit Unions Can Partner With Crypto Providers
Providers
New report shows 50% of Uniswap V3 liquidity providers are losing money
Fintec advisory firm Topaze Blue, in conjunction with Bancor, recently published a report about impermanent loss (IL) on Uniswap V3. They discovered that 49.5% of liquidity providers had suffered negative returns due to IL.The report said liquidity providers, during the analysis period, would have been better off if they just held their tokens.What is impermanent loss?Uniswap … [Read more...] about New report shows 50% of Uniswap V3 liquidity providers are losing money
Uniswap has now generated more than $1B in fees for liquidity providers
Leading decentralized exchange, Uniswap, has become the first DeFi protocol to generate more than $1 billion worth of platform fees for liquidity providers.On August 10, Lucas Outumuro, head of research at crypto data aggregator IntoTheBlock, shared a chart to Twitter showing that the combined fee revenues of Uniswap’s v2 and v3 Ethereum mainnet deployments have surpassed $1 … [Read more...] about Uniswap has now generated more than $1B in fees for liquidity providers