Category: DEX

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Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges

DEXes are not securities exchanges argues crypto venture firm Paradigm. Crypto venture capital firm Paradigm has slammed the U.S. Securities and Exchange Commission’s attempt to redefine the term “exchange” — which would if accepted, bring decentralized exchanges under its purview.  On June 8, the firm sent a lengthy 14-page letter to the SEC Secretary, Vanessa…
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SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%

Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days. The median trading volume across the top three decentralized exchanges (DEX) jumped 444% in the past 48 hours as crypto investors reeled from the United States securities regulator’s recent legal actions against cryptocurrency exchanges Coinbase and Binance.…
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KyberSwap Resumes Elastic Protocol, Backed by Multi-Million KNC KyberDAO Security Fund

, a leading decentralized exchange (DEX) platform, is thrilled to announce they will be resuming its highly anticipated Elastic protocol on May 25, 2023. This brings back key capital-efficient features such as concentrated liquidity and full range fees compounding, while incorporating significant security enhancements, including a newly audited smart contract, round-the-clock live scanning in collaboration…
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3 reasons why Ethereum price could struggle at the $1.9K level

The ETH price could come under short-term pressure due to a downtrend in deposits, reduced DEX volume market share and futures data showing traders with a bearish bias. Since May 12, Ether’s price has been struggling to sustain its $1,800 support level, as investors face pressures from a worsening crypto regulatory environment and the Ethereum…
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Smart Contracts Have Arrived on the Bitcoin Blockchain – Will BTC Become a DeFi Powerhouse?

A new era has begun for the Bitcoin blockchain. Last week, a group of developers deployed a suite of Uniswap smart contracts directly onto the Bitcoin blockchain. Uniswap is a decentralized cryptocurrency exchange (DEX) that operates on multiple smart contract-enabled blockchains like Ethereum and Polygon and operates based on automated market maker (AMM) smart contracts….…
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Sui DEX Cetus’ IDO oversubscribed by 650%

According to developers, the fundraising goal of the initial DEX offering was reached in less than one minute. Just hours after the initial DEX offering (IDO) for Cetus began on May 8, its hard cap target of 800,000 Sui (SUI) tokens has already been surpassed, with over 6 million SUI committed worth approximately $6.85 million…
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Today in Crypto: Nigeria’s Government Approves a National Blockchain Policy, CEX Trade Volumes Fall for 1st Time in 3 Months, INX Works with BitGo to Launch a Pilot Wallet Management Solution for Regulated Security Tokens

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Nigeria’s Government Approves a National Blockchain Policy, CEX Trade Volumes Fall for 1st Time in 3 Months, INX Works with BitGo to Launch a Pilot Wallet Management Solution…
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Bitcoin Cash Smart Contracts ‘Comparable to Those on Ethereum’ Possible via May Upgrade, ‘1000x Efficiency Advantage’: Dev Jason Dreyzehner

Pro-freedom technologies advocate and software developer Jason Dreyzehner recently spoke with Bitcoin.com News via email about the upcoming Bitcoin Cash network upgrade on May 15. One of the most talked about improvement proposals set to go through on that date — which proponents view as a boon to economic freedom — is the Cashtokens CHIP.…
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CertiK to launch compensation plan for $2M Merlin DEX exploit

The Web3 security firm urges the rogue developer to return 80% of the stolen funds and offers 20% as a white hat bounty. Blockchain security firm CertiK is launching a compensation plan to cover the $2 million lost during a public sale of decentralized exchange Merlin’s MAGE token. In a statement to Cointelegraph on April…
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Today in Crypto: Bhutan ‘Cultivated a Secret Crypto Portfolio’, Amber Group May Sell Its Japan Unit, Bank of Israel Mulling a Digital Shekel

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Bhutan ‘Cultivated a Secret Crypto Portfolio’, Amber Group May Sell Its Japan Unit, Bank of Israel Mulling a Digital Shekel  Read more »Sign up for e-EUR – the…
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