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'Give Up Serving US Customers For Now': Crypto Exchange Founder Sparks Debate On Strategy
Monday, August 28, 2023 - 11:45am | 625Antonio Juliano, the founder of the decentralized exchange dYdX, has sparked a conversation in the crypto community with a series of tweets emphasizing the potential advantages of focusing on markets outside the United States. Juliano's perspective comes amid growing concerns about the...
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Tether Pulls Plug On USDT Across Blockchain Ecosystem Including Bitcoin, Kusama, BCH
Thursday, August 17, 2023 - 12:28pm | 405Tether (CRYPTO: USDT) Thursday announced that it will discontinue its support for USDT on the Bitcoin (CRYPTO: BTC), Kusama (CRYPTO: KSM), and Bitcoin Cash (CRYPTO: BCH) blockchains. What Happened: The stablecoin issuer evaluated the current transport layers and determined their relevance in...
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Sei Labs Launches Mainnet Beta Phase To Facilitate Mass Adoption Of Digital Assets
Tuesday, August 15, 2023 - 4:43pm | 367Sei Labs announced on Tuesday the launch of its Sei Mainnet beta phase, following a successful Testnet alpha phase that witnessed more than 400 million transactions and the creation of 7.5 million unique testnet wallets. This Layer 1 platform is optimized for trading digital assets...
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Binance Labs Invests $5M In Curve DAO Token To Propel DeFi Growth
Thursday, August 10, 2023 - 3:31pm | 502Binance Labs, the investment and incubation subsidiary of Binance (CRYPTO: BNB), has announced a $5 million investment in Curve DAO Token (CRYPTO: CRV), the utility token that powers the Curve ecosystem. Curve has a total value locked (TVL) of approximately $2.4 billion and a daily...
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PancakeSwap Launches On Arbitrum To Take DeFi To The Next Level
Thursday, August 10, 2023 - 1:09pm | 407PancakeSwap (CRYPTO: CAKE), a decentralized exchange (DEX), initiated operations on the Ethereum (CRYPTO: ETH) scaling platform Arbitrum (CRYPTO: ARB) as part of its strategy to grow its clientele and revenue. PancakeSwap, which operates without intermediaries using smart contracts, is...
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PayPal Stablecoin Scammers Are Ripping Off Investors Left And Right - Here's How
Tuesday, August 8, 2023 - 9:19am | 552Fraudsters are exploiting the recent introduction of PayPal's (NASDAQ: PYPL) dollar-backed stablecoin. More than 66 imitation tokens had emerged on platforms including Ethereum (CRYPTO: ETH), BNB Chain (CRYPTO: BNB), and Base (CRYPTO: BASE), Coindesk reported citing DEXTools data. Ethereum, the...
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Uniswap Traders Abandon Ethereum For Faster, Cheaper Arbitrum
Friday, August 4, 2023 - 4:25pm | 547A significant portion of trading activity has shifted from Ethereum (CRYPTO: ETH) to Arbitrum (CRYPTO: ARB), a Layer 2 scaling solution. This trend has been observed in the distribution of Uniswap trade volume across different Layer 2s, according to a report published by Glassnode Insights....
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PancakeSwap To Share Millions In Trading Fees With Stakers: What You Need To Know
Monday, July 31, 2023 - 4:06pm | 389PancakeSwap (CRYPTO: CAKE), a decentralized exchange (DEX), is set to share a portion of its trading-fee revenue with stakers of its native token to enable them to earn more rewards. The Revenue Sharing Pool (RSP) initiative will see Fixed-Term CAKE stakers receive 5% of the trading fee revenues...
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Unibot Leads Rise Of Telegram-Based Crypto Trading Bots, Facilitates $54M In Trades
Thursday, July 20, 2023 - 9:28am | 422Crypto traders are increasingly turning to Telegram-based trading bots, drawn by the convenience of executing transactions as simply as sending messages via the popular communication platform. Unibot, which debuted in May, appears to be leading the charge, quickly amassing a dedicated user base....
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dYdX Launches Public Testnet On Cosmos In Major Shift From Ethereum
Wednesday, July 5, 2023 - 5:21pm | 419Decentralized exchange dYdX has taken a significant step towards migrating from its current Ethereum (CRYPTO: ETH)-based platform by launching its public test network on Cosmos (CRYPTO: ATOM). The testnet allows users to execute market orders, create private keys and set limit orders with...
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Uniswap's V4 Sneak Peek: A New Chapter In Decentralized Exchanges With The Introduction Of 'Hooks'
Tuesday, June 13, 2023 - 4:36pm | 453Uniswap Labs (CRYPTO: UNI) has unveiled a sneak peek into the draft code of Uniswap V4, which brings to the table an innovative feature called “hooks” or plugins, which empower developers with the ability to design tailor-made liquidity pools. Renowned as the globe’s biggest...
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BonkSwap Explodes Onto The Scene: How Dog-Themed DEX Plans To Crush DOGE, SHIB
Thursday, April 13, 2023 - 1:34pm | 537Bonk Inu (CRYPTO: BONK) developers have launched their dog-inspired protocol's native decentralized exchange (DEX), BonkSwap, in a significant development for the widely followed token. Powered by Solana (CRYPTO: SOL) smart contracts, BonkSwap will enable users to trade Solana, Bonk Inu ...
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20M Uniswap Members Say 'Yes' To Binance Move: What The 'Temperature Check' Means
Monday, January 23, 2023 - 12:51pm | 431A significant majority of UNI token holders, approximately 80%, voted in favor of moving Uniswap's V3 protocol to Binance's BNB (CRYPTO: BNB) Chain, according to a recent survey. Plasma Labs, the company that proposed the move, stated that 20 million tokens were cast in favor of the...
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Why Is IDEX Token Up 150% Today?
Wednesday, February 2, 2022 - 4:19pm | 226Idex (CRYPTO: IDEX) saw its token skyrocket today. Idex is a hybrid liquidity decentralized exchange combining an order book model with an automated market maker. What Happened: CoinMarketCap data shows the Idex token's price increase by more than 151% from its 24-hour...