Sony Argues in Court That Digital Games Can't Be Owned
The PlayStation maker is fighting a California class action over "Buy Now" buttons, and has asked the judge to send the case to arbitration.
Decrypt ·
Last update 21:12 UTC — this price may be behind the market.
What a wrapped token actually is and what backs it.
How to move assets across chains without bridging — the full guide to this subject.
The difference between proof of reserve and proof of liabilities is the difference between verifying that a...
A bridge transaction can succeed on the source chain yet fail to deliver the destination token because the ...
A liquidity provider bridge uses pooled funds from external lenders to facilitate token transfers between b...
You cannot "force" a bridge transaction to complete from outside the system. If the user interface (UI) is ...
A wrapped token trades at a discount to its native asset when the market price of the wrapped version falls...
You check whether a wrapped token is fully collateralized by verifying that the custodian - usually a bridg...
If the custodian holding the underlying asset for a wrapped token goes bankrupt, the wrapped token can lose...
A swap service typically pauses your trade and holds your deposited coins until the halted chain resumes or...
A swap service is not a bridge if it never locks or mints a wrapped token. Bridges create a representation ...
It uses a unique, one-time deposit address generated specifically for your order. You send your crypto to t...
Your coins are held by the swap service in a temporary wallet on the source chain until the corresponding c...
The token disappears. You do not receive the intended asset on the other chain, and recovering the lost fun...
A liquidity pool swap executes against a shared pool of tokens locked in a smart contract, while a peer-to-...
They ask for a return address because they cannot guarantee a swap will complete, and if it fails they need...
A swap routes through multiple tokens when no direct liquidity exists between the asset you send and the as...
A bridge needs a custodian. That much is constant. But who - or what - acts as custodian varies sharply bet...
Start with a concrete example: Wrapped Bitcoin (WBTC) on Ethereum. A user wants to use bitcoin - real bitco...
A bridge pause is not a single event. It means different things depending on why the pause happened and wha...
A cross-chain bridge is only as safe as its weakest piece of code. When that code breaks, the wrapped token...
If a bridge holds billions of dollars, it must be secure. That is the assumption many people make. It is wrong.
You try to move 50,000 USDC across a bridge. The transaction fails. The error reads "insufficient liquidity...
You send funds from an L2 to Ethereum mainnet. The transaction confirms instantly on the rollup side. Then ...
On-chain data from the deepest DEX pair. A pool this size moves on single trades, so treat the price as indicative.
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Send exactly to:
This asset needs a memo / tag. Send it with or the exchanger cannot credit your deposit.
You receive about at . Exchange reference .
Status: waiting for your deposit
You send from your own wallet straight to the exchanger — nothing to connect, no account, and you stay on this page throughout. Rates are indicative until a swap is opened.
The swap is carried out by an independent exchanger and the deposit address above is theirs. ucit.lol never holds, receives or controls your funds, has no key to that address, and earns a referral commission. Opening a swap sends your receiving address, IP, browser and timezone to the exchanger for their compliance checks; we store none of it. Check their terms, fees and country restrictions before sending anything.
The PlayStation maker is fighting a California class action over "Buy Now" buttons, and has asked the judge to send the case to arbitration.
Decrypt ·
Former U.S. Rep. George Santos has been permanently banned from trading on Kalshi, marking the platform’s first-ever permanent ban.
The Block ·
Some $6 million reached Ethereum before validators froze the chain, stranding the rest on a network that still is not producing blocks.
Decrypt ·
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Cointelegraph ·
MANTRA Chain, which lost $3.6 million, claimed the patch was only released 20 hours before the attack began and did not identify the flaw it fixed.
The Block ·
Tokenized equities saw a sharp rise in onchain activity as active addresses and holders more than doubled over the past month.
Cointelegraph ·
Headlines link to the original publishers. We don't reproduce their articles.
The difference between proof of reserve and proof of liabilities is the difference between verifying that a bridge custodian actually holds the assets it claims to hold (proof of reserve) versus verifying that its recorded obligations match those holdings (proof of liabilities). For bridged asset sa
A bridge transaction can succeed on the source chain yet fail to deliver the destination token because the bridge's off-chain relayer or smart contract on the destination chain never completed the mint or release step. The success you saw was only the source-side lock or burn - the second half of th
A liquidity provider bridge uses pooled funds from external lenders to facilitate token transfers between blockchains, while a lock-mint bridge relies on a custodian or smart contract to hold the original asset and issue a wrapped version on the destination chain. The fundamental difference is that
You cannot "force" a bridge transaction to complete from outside the system. If the user interface (UI) is broken but the underlying bridge smart contracts are still operational, you can often interact directly with those contracts to finish the transfer. If the bridge itself is paused, corrupted, o
A wrapped token trades at a discount to its native asset when the market price of the wrapped version falls below the price of the original, and that gap exists because of risk, liquidity, or supply-demand mechanics specific to the wrapped token’s ecosystem.
You check whether a wrapped token is fully collateralized by verifying that the custodian - usually a bridge contract, a multisig wallet, or a centralized entity - holds at least one unit of the original asset for every unit of the wrapped token in circulation. This is not always possible without a
UCIT last changed hands at $0.0000000119. That is up 3.8% over the past 24 hours. The total value of all UCIT in circulation is $10.98K. Daily trading volume is $44.61 — under 0.4% of its market cap, which is thin. Large orders will move the price against you.
One BTC is currently worth about 6.6 trillion UCIT. One ETH is currently worth about 207.6 billion UCIT.
Figures above are generated from live market data as of 21:12 UTC on 31 Aug 2026.
Your trade happens inside the exchange's own ledger. Nothing touches the blockchain until you withdraw.
You swap from your own wallet. The transaction settles on the chain and you pay its fee.
Not financial advice. ucit.lol publishes market data and general information about UCIT. Crypto assets are volatile and you can lose everything you put in. Nothing here is a recommendation to buy, sell or hold, and we make no price predictions.
Prices are sourced from third parties and may be delayed or wrong. Verify anything you intend to act on against a primary source.