Tagged: dexes

Audited by CertiK, ZKSwap Introduces Zero Gas Layer 2, Decentralized Exchange to Enhance User Experience on Blockchain Networks

ZKSwap has introduced a “zero-gas” layer 2 decentralized (or non-custodial) exchange (DEX) to enhance the overall user experience.  Fully audited and reportedly backed by a $1.7 million investment, ZKSwap aims to provide a solution to Ethereum’s (ETH) network congestion. ZKSwap recently announced the Ethereum blockchain… Read More

Instant Digital Asset Exchange Service Kyber Network Reports All-Time High $858M Trading Volume for January 2021

The developers of the Kyber Network (KNC), which provides a tool that allows traders to exchange tokens instantly without having to use exchanges, have published their Ecosystem Report for January 2021. As confirmed in the update, Kyber 3.0, the “most ambitious and important change” to… Read More

Tesla Stock Futures Trading to be Offered by DeFi focused Injective Protocol, a Decentralized Digital Assets Exchange

The developers of Injective Protocol, a digital assets derivatives exchange for DeFi that has been supported by Binance and Pantera Capital, has launched what it claims to be “the world’s first decentralized Tesla Stock Futures Trading.” The Injective Protocol team stated that they’re pleased to… Read More

Digital Assets Financial Services Provider BitGo Introduces Wrapped Bitcoin and Ethereum Tokens on TRON Blockchain

BitGo, a digital asset financial services provider, reports that it has successfully introduced Wrapped Bitcoin (WBTC) and ETH tokens on the TRON blockchain network, which should help with supporting the “unlimited” potential of decentralized finance (DeFi) TRON, which is notably one of the largest and… Read More

Digital Assets Derivatives Exchange for DeFi, Injective Protocol, Announces Launch of Institutional Grade Products

The developers of Injective Protocol, a digital assets derivatives exchange for DeFi that has been supported by Binance and Pantera Capital, have announced the launch of Solstice Pro, which brings various institutional-grade products to their non-custodial exchange. As confirmed in a blog post by Injective… Read More

Bitcoin and Ethereum Adoption Reaches Unprecedented Levels, Supported by Professional Athletes and Major Companies

Bitcoin (BTC) has become more intertwined with traditional financial markets because of changing macro conditions and a significant increase in institutional interest, according to a report from Coin Metrics.  Coin Metrics has noted that many researchers have looked into the fundamental differences between Bitcoin and… Read More

Digital Asset Market Participants’ Perception of DeFi Tokens Shifts from Speculation to Identifying Long-Term Investments: Report

Digital asset exchange OKEx recently published a report, titled: “How centralized exchange volumes illustrate DeFi’s boom-and-bust cycle.” With market data provided by Kaiko, OKEx Insights looks at DeFi‘s “boom-and-bust cycle” in 2020. The exchange notes in its extensive report that as 2020 comes to an… Read More

Tel Aviv based Fintech Firm Fuse.io’s Native FUSE Token Now Listed on Leading Non-Custodial Exchange 1inch

The developers at Fuse.io, a Tel Aviv based Fintech firm that aims to leverage (decentralized finance) DeFi infrastructure to create a platform for entrepreneurs that allows them to turn “communities into economies,” have revealed that the platform’s native FUSE token has been listed on the… Read More

Fuse.io, a Platform Leveraging DeFi Infrastructure to Help Turn Communities into Economies, Introduces Decentralized Exchange FuseSwap

The development team at Fuse.io, a Tel Aviv based Fintech firm that aims to leverage (decentralized finance) DeFi infrastructure to create a platform for entrepreneurs that allows them to turn “communities into economies,” claims that there’s been “truly game-changing” progress and innovation in decentralized or… Read More

DeFi Experienced Explosive Growth in 2020, but Sector Needs More Regulatory Clarity and Better Compliance Programs: Chainalysis

Blockchain analysis firm Chainalysis confirms that decentralized finance (DeFi) is growing at “warp speed,” however, regulatory guidelines and compliance requirements still remain unclear. The Chainalysis team states in a blog post that DeFi’s explosive growth has been one of cryptocurrency’s “biggest stories” of 2020. The… Read More

Non-Custodial Crypto Exchange Block DX Says it has “No Competiton” because it Doesn’t Require KYC, Sign Ups, or Deposits

The developers of Block DX, a cross-chain “decentralized” or non-custodial crypto-asset exchange powered by the Blocknet protocol, claim that their trading platform doesn’t require users to log into any system. They also mention that there aren’t any know-your-customer (KYC) checks that need to be completed… Read More

Chainalysis Reveals how KuCoin Hackers Used DeFi Platforms Uniswap, KyberSwap to Move $275+ Million in Stolen Cryptocurrency

Chainalysis, a leading blockchain analysis and security firm, has provided an update regarding the recent KuCoin exchange hack, which led to around $280 million in digital assets being stolen (according to estimates confirmed by many industry participants). Chainalysis noted that on September 25, 2020, hackers… Read More

Ocean Protocol Founder Explains that Ocean Market, a Data Marketplace, Supports Automatic Determination of Price Using Balancer powered AMM

Trent McConaghy, Founder at Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, explains that the Ocean Protocol aims to “equalize the opportunity to access and monetize data.” According to McConaghy, data marketplaces… Read More

Crypto Markets are Plagued with Manipulation, “Endless” Wash Trading, but Industry Execs are Confident about H2 2020 Performance: Report

The digital asset trading market did not perform as well during Q2 2020 when compared to Q1 2020, according to an industry research report from Token Insight. According to the report, the relatively poor performance of the crypto market during Q2 2020 may be attributed… Read More

Injective Protocol, a “Decentralized” Crypto Derivatives Exchange to Support Futures, Margin Trading when Launched

The developers of Injective Protocol, a “decentralized” derivatives exchange, have acquired $2.6 million through a seed funding round that was led by Pantera Capital. Injective Protocol has been incubated by Binance, the world’s largest digital asset exchange. Injective’s developers have also acquired investments from Axia8… Read More

Non-Custodial Exchange Uniswap Recorded $1.9 Million in 24-Hr Stablecoin DAI / Ethereum (ETH) Trading Volume, Coinbase Pro Only $0.2 Million

  Hayden Adams, the inventor of Uniswap, a widely-used non-custodial digital asset exchange, claims that decentralized trading platforms are “already beating centralized ones for a ton of ETH/ERC-20 pairs.” Adams acknowledges that trades involving fiat and cross-chain cryptocurrency pairs are still mostly being done on… Read More

Transledger to Use Telos, One of the Most Active Blockchains, to Perform Cross-Chain Digital Asset Transfers

Telos, one of the most active blockchains or distributed ledger technology (DLT)-based platforms according to Blocktivity data, revealed on May 26, 2020, that Transledger will be using its blockchain network to perform cross-chain transactions in a fast and secure manner. As mentioned in a press… Read More

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