The DeFi boom continues with a new decentralized derivatives exchange token mooning hours after it was launched. The latest DeFi token to moon is for the decentralized derivatives exchange Serum ,which surged by four figures following its launch and exchange listings. The Serum Project is a new, non-custodial DEX that launched on August 11 and…
Read more
Polyient Games is launching a decentralized exchange for NFTs hosted on the Avalanche blockchain. Ava Labs, the development team behind the Avalanche blockchain has teamed up with non-fungible token (NFT)-focussed investment firm Polyient Games to launch a decentralized exchange (DEX) for crypto collectibles. Polyient’s NFT exchange will be powered by the Avalanche blockchain and will…
Read more
Uniswap’s daily volume has rallied to nearly $25 million despite the spotlight on imposter tokens trading on the exchange. Daily trade volume on the decentralized exchange (DEX) and liquidity pool Uniswap has rallied to $25 million on the back of a strong first day of trade for the digital asset protocol Ampleforth’s AMPL. ETH-AMPL currently…
Read more
The Vega Protocol claims to have found a solution to sustainably bootstrap liquidity for decentralized exchanges. The founders of the Vega Protocol believe that the concept of order book-based decentralized exchanges is not quite dead yet. A key component of their quest to reinvigorate the concept was announced on Wednesday as a research paper. Titled…
Read more
The hardware wallet company has stepped into the world of decentralized finance (DeFi). Ledger, a producer of cryptocurrency hardware wallets, announced today that its users can now connect their devices to the DeversiFi decentralized exchange, or DEX. Hardware wallets + DeFi As a result of this integration, Ledger has become one of the first hardware…
Read more
The DeversiFi decentralized exchange has integrated Starkware’s zkStark layer-2 scaling technology into its 2.0 incarnation, bringing high-speed trading, instant settlement and withdrawal certainty. The DeversiFi decentralized exchange, or DEX, relaunched as DeversiFi 2.0 on June 3, incorporating Starkware’s zkSTARK layer-2 scaling technology. This new platform will be able to process over 9,000 transactions per second,…
Read more
AtomicDEX CTO believes Binance is “a ticking time bomb” ready to blow up any moment. Kadan Stadelmann, CTO of the decentralized exchange AtomicDEX, believes it’s only a matter of time before Binance (BNB) implodes. Vitalik’s dream fulfilled AtomicDEX is a decentralized exchange built on top of the Komodo (KMD) multi-chain platform. It claims to be…
Read more
DeversiFi begins aggressive deflationary model by burning $20 million of its NEC token to drive decentralized exchange adoption following recent crypto sell-off. DeversiFi, the decentralized exchange (DEX) spin-off of former Bitfinex sister exchange Ethfinex, has burned $20 million worth of its governance and utility token, Nectar (NEC). According to a statement, March 30, this is…
Read more
Starkware, led by Zcash founding scientist, hopes to bring security and scalability to crypto exchanges. An Israeli startup Starkware believes it can solve two of the most pressing issues in crypto trading — the inherent vulnerability of centralized exchanges and the low transactional capacity of decentralized ones. The venture was co-founded by professor Eli Ben…
Read more
Government agencies, sports franchises and mainstream exchanges are first real-world adopters of the popular “pure proof-of-stake” Algorand blockchain. Algorand officially unveiled a suite of new features to its pure-proof-of-stake network at the end of November, dubbed Algorand 2.0. The latest suite of technical innovation by the emerging “frictionless finance” network, the upgrade encompasses the official…
Read more
