DeFi’s tremendous growth hasn’t come without obstacles, as the nascent industry still struggles with high costs, failed trades and front-running. IDEX, a San Francisco-based decentralized exchange, has unveiled new protocol upgrades designed to solve two of the biggest issues with decentralized finance, or DeFi — slippage and front-running. The exchange claims that its Hybrid Liquidity protocol solves…
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Uniswap v3 starts off with a whimper, not a bang, and grifters galore in this week’s Finance Redefined. Lots of cons, no artistry It’s grifter season: scams and opportunists run amok, and it’s harder than ever to tell who to trust. Case and point: over the weekend, an influencer by the pseudonym “Crypto Spider” was…
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Ethereum and a handful of altcoins have charged higher while Bitcoin struggles to find enough momentum to clear the $58,000 level. Ether (ETH) has been the star performer among major cryptocurrencies in the past few days as its rally has continued unabated. The second-largest cryptocurrency by market capitalization crossed the $3,300 today sending projects market…
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After days of range-bound action, Bitcoin and many altcoins made a strong comeback today, indicating buying at lower levels. The recent weakness in Bitcoin (BTC) price did not see any panic selling by investors, suggesting the sentiment in the crypto sector remains bullish. After Ether’s (ETH) strong run in the past few days, Bitcoin played…
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After a sharp relief rally, Bitcoin price encountered resistance near $55,000, leading to a short-term pullback in select altcoins. Bitcoin (BTC) has slowed down after its sharp relief rally over the past 48 hours, but Ether (ETH) is in no mood to rest as it continues to chase new all-time highs. The biggest altcoin by…
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Ethereum’s new all-time high, a drop in Bitcoin’s dominance rate and overhead resistance at $55,000 have analysts predicting that an altcoin season is at hand. The overall cryptocurrency market saw a second day of gains on April 27 after the weekend sell-off proved to be a good buying opportunity for retail and institutional investors. Lower…
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Altcoins are notching double-digit gains as bulls push Bitcoin price back toward the $55,000 level. Bitcoin price started the week off with a strong move that propelled the price above $50,000 and at the time of writing, bulls are in pursuit of the $55,000 level. On April 21, JPMorgan analysts wrote that the liquidity in the…
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Bitcoin price continues to come under pressure from sellers while Ether and BNB are attempting to buck the trend. As Bitcoin price crashed below $50,000, mainstream media highlighted that the selling across the market could have been triggered by reports that the Biden administration proposed increasing the capital gains tax to 39.6% from the current…
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The FORTH governance token will give community members the ability to propose and vote on changes to the Ampleforth protocol. Base-money protocol Ampleforth has announced the launch of a new governance token Wednesday, setting the stage for further expansion and community engagement following a successful year of adoption. The project said that the FORTH token…
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The world’s leading DEX has taken a big step toward launching its third iteration by deploying its contracts to all four of Ethereum’s testnets. Leading decentralized exchange Uniswap has taken a step closer to launching its highly anticipated “V3” iteration, announcing the successful deployment of V3’s smart contracts to all Ethereum test networks. In an…
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