Tag: CEX

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Vitalik Buterin offers lessons for crypto in wake of the FTX collapse

Ethereum co-founder Vitalik Buterin said the collapse of FTX has illustrated once again that the problem lies in people, not technology. Ethereum co-founder Vitalik Buterin has spoken out in the wake of the FTX collapse, offering his thoughts and some positives from one of crypto’s biggest black swan events. In a Nov. 20 Bloomberg interview,…
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Binance CEO Changpeng Zhao Believes Decentralization Is Part of a ‘Gradient Scale’

Changpeng Zhao, founder and CEO of Binance, the biggest cryptocurrency exchange by volumes traded, pondered the importance of decentralization and the relation it has with security and freedom. Zhao stated that there are several aspects of decentralization and that this is part of a gradient scale, explaining the different ways in which even Bitcoin can…
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Unizen ‘CeDeFi’ smart exchange secures $200M investment from GEM

The alternative investment group is banking on the “CeDeFi exchange” to shape the “future of finance” with a commitment that will bolster Unizen’s ecosystem. Cryptocurrency exchange Unizen has scored a $200 million investment from private equity group Global Emerging Markets (GEM) which it will use to expand its business and its ecosystem. Rather than receiving…
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Uniswap breaks $1T in volume — but has only been used by 3.9M addresses

Uniswap has hit two major milestones this month, with the DEX topping $1 trillion in volume and hitting around 3.9 million cumulative users this month. Decentralized exchange (DEX) Uniswap has topped $1 trillion in total trading volume since launching on Ethereum in late 2018. That comes from a relatively small user base however, indicating there…
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Automated order books eliminate DeFi costs and match CEX capability

DeFi may eliminate the middleman, but this was often at the expense of costly transactions and reduced functionality. The decentralized finance (DeFi) industry continues to reach unprecedented highs, with daily volume of transactions increasing on a regular basis. Unfortunately, in spite of the billions of funds currently being crossed back and forth, decentralized exchanges (DEXs)…
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