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Crypto Morning Briefing: Coinbase Is Adding DeFi Apps UniSwap and Aave to Its Base Blockchain

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Top Stories

NatWest Introduces Transaction Limits To Protect Against Crypto-Criminals

UK-based NatWest Bank announced new limits to transactions to crypto exchanges in an effort to protect its users from “crypto-criminals,” as Reuters reported.

Binance Halts GBP Deposits and Withdrawals

Global leading crypto exchange Binance will be suspending British pound deposits and withdrawals in the upcoming week. The changes have already come into effect for new users, while existing users will have until May 22 before seeing the service shut down.

Binance Brings Shiba Inu Payments to Colombia

Binance, the world’s largest exchange, has launched its crypto-focused prepaid card in Colombia. The product will allow Colombian residents to pay for their goods and services using Shiba Inu (SHIB) and 11 other crypto assets supported by the card.

Coinbase Is Adding DeFi Apps UniSwap and Aave to Its Base Blockchain

Coinbase is busy bringing decentralized finance (DeFi) applications UniSwap and Aave to Base, the U.S.-listed exchange’s layer 2 (L2) network that was launched last month.

Web3 Service Unstoppable Domains and Polygon Labs Roll Out .polygon Domains

Web3 domain provider Unstoppable Domains is teaming up with Polygon Labs to roll out the .polygon domain, which can be used across decentralized applications on the Ethereum sidechain.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $24,955.31 USD, jumped by 2.85% in the last 24 hours;

ETH’s live price is $1,719.44 USD, jumped by 2.82% in the last 24 hours;

BNB’s live price is $311.17 USD, jumped by 1.02% in the last 24 hours;

XRP's live price is $0.37 USD, jumped by 1.60% in the last 24 hours.

Fundraising News

Trust Machines Backs Bitcoin Decentralized Exchange Alex

Decentralized exchange startup Alex has raised $2.5 million to build out decentralized finance on Bitcoin's rails.

Digital Fashion Firm DressX Raises $15 Million in Series a Funding

Will digital fashion ever be in vogue? That's what fashion tech firm DressX is betting on as it raises a $15 million Series A led by Berlin-based crypto venture capital firm Greenfield.

Blockchain Infrastructure Developer Smooth Raises $2 Million in Seed Funding

Smooth Labs, a blockchain infrastructure startup, raised $2 million in a seed funding round.

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