Tagged: dexes

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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