• Uniswap defends business source licensing choice amid criticism
• BlackRock is reportedly close to filing its Bitcoin ETF application
• Colombia’s central bank to pilot Ripple’s CBDC Platform
Uniswap Defends Business Source Licensing Choice
Uniswap, a decentralized finance protocol, has come under fire recently for its decision to license its codebase under an open-sourced business source license. Critics believe this type of license restricts user freedom and keeps the code from being truly open-source. In response, Uniswap has defended their decision, citing it as necessary for protecting the protocol from malicious actors.
BlackRock Reportedly Close To Filing Bitcoin ETF Application
BlackRock, one of the world’s largest asset management firms, is reportedly close to filing an application with U.S. regulators in order to launch a Bitcoin exchange-traded fund (ETF). The proposed ETF would allow investors to gain exposure to Bitcoin without having to actually own any of the digital currency themselves. If approved by regulators, this could be a major step forward in further legitimizing cryptocurrencies in traditional financial markets.
Colombia Central Bank To Pilot Ripple’s CBDC Platform
Colombia’s central bank is planning on piloting Ripple’s blockchain-based Central Bank Digital Currency (CBDC) platform in order to explore how CBDCs can help improve domestic payments systems and provide access to financial services for those who are currently underserved by traditional banks and payment networks. This pilot program could be a major step forward for cryptocurrency adoption in Latin America and beyond if successful.
Crypto Prime Broker FPG Loses $15M+ In Cyber Attack
Crypto prime broker FPG lost more than $15 million due to a cyber attack that caused them to halt trading and withdrawals across all platforms while they investigate the incident further. It is unclear at this time how exactly the attack occurred or who was behind it, but authorities have been alerted and are currently looking into it further.
SEC & Binance Face Tough Questions From Judge In Crypto Case
The SEC and crypto exchange Binance faced tough questions from a judge during their recent hearing regarding alleged violations of US securities laws by Binance US customers trading on Binance’s global platform between 2017 and 2019 . The outcome of this case could have far reaching implications for both U.S.-based crypto exchanges as well as international ones like Binance that serve American customers