Cryptonews Tags DEX

# DEX (Page 6)

SUSHI Extends Bull Run, ZEN Jumps on Coinbase Pro News

Source: iStock/PeskyMonkeyThe price of SUSHI, the governance token of SushiSwap, a decentralized exchange (DEX), was the second-best performer among the top 100 coins today, after breaking through resistance just below the USD 15 level. Meanwhile, blockchain platform Horizen’s native ZEN...

, by Fredrik Vold

‘Don’t Be Lulled’ as European Commission Mulls a Crypto KYC Trap

Exchanges would be obliged to report suspicious transfers to an "unhosted wallet." A transfer from your wallet to an exchange would not be accepted without KYC. Whether the proposal will make it through the legislative process remains to be seen.Source: Adobe/kravik93While the European Commission...

, by Sead Fadilpašić

Forked DEX On Binance Chain Tests Uniswap & Legal Limits

Major decentralized exchange Uniswap (UNI) has been put to another test, as the crypto industry is waiting how the platform will react to its copy that has appeared on the Binance Smart Chain (BSC).Source: Adobe/hikdaigaku86"Holaswap is 100% fork of Uniswap V3 on BSC that's 100% community owned and...

, by Sead Fadilpašić

DEX & CEX Trading Volume Exploded in May Surpassing USD 2 Trillion

May 2021 has been by far the best month for crypto exchanges, both centralized (CEX) and decentralized (DEX) ones, as the total trading volume reached at least USD 2.48trn - a new record.Source: AdobeStock / Lukas GojdaThe number is possibly even greater, but it excludes all the volume from those...

, by Eimantas Žemaitis

Ethereum Exchange Inflows More Concentrated, Fewer Insiders Dominate

Ethereum (ETH) not only has fewer on-chain exchange users than bitcoin (BTC), but the inflows are also more concentrated. Also, a drop in competition amongst ETH sellers is signaling that fewer insiders dominate its decentralized markets than is the case with centralized exchanges, according to an...

, by Sead Fadilpašić

Decentralized Exchanges Set To Accelerate in 2021

Scaling solutions, improved AMM models, and atomic swaps are among expected innovations. The current transaction costs are a big barrier for a DEX user. The GME saga "opened more people's eyes to the ethos and potential of decentralization." Source: Adobe/Siarhei Cryptocurrencies are...

, by Simon Chandler

2021 Hashed Blockchain & Crypto Market Predictions

Source: Hashed Simon Seojoon Kim is the CEO and Managing Partner at South Korea-based blockchain accelerator Hashed.____ Source: Adobe/Starline I. BitcoinA solid and continuous Bitcoin (BTC) bull run is expected in 2021.Since the inception of Bitcoin, the amount of BTC owned by the exchanges...

, by Simon Seojoon Kim

Don’t Have a Fast Bot? Beware of Initial DEX Offerings, Researchers Warn

Despite a focus on “fairer distribution” of newly issued tokens, so-called Initial DEX Offerings (IDOs) tend to benefit only the most advanced traders, much in the same way as the now-infamous Initial Coin Offerings (ICOs) of 2017, a crypto research firm Messari warned.Source:...

, by Fredrik Vold

Uniswap Volume Surges as Traders Praise DEX & DeFi Tandem

After going through a major protocol upgrade in May this year, Version 2 of the popular decentralized exchange (DEX) Uniswap is seeing sharply rising trading volumes, while traders discuss the pros and cons of DEX trading.Source: Adobe/SiarheiFollowing Uniswap’s upgrade to its Version 2, the...

, by Fredrik Vold

How to Move up in the Crypto Exchange Rankings? Gate.io has a Plan

Gate.io claims their new platform will be able to recover stolen assets and will support multiple blockchains and cross chain trading. Geographical expansion and possible fiat-to-crypto trading is also in the agenda.Source: iStock/Kanoke_46As the crypto market is hoping for a stronger and more...

, by Sead Fadilpašić

Coinbit’s DEX Skyrockets by 54% Due to Investment Boost

South Korean industry insiders claim that a potentially wide-ranging partnership deal with Israel’s Hexa could be behind the meteoric rise of Coinbit’s DEX token.Source: iStock/Olivier Le MoalAt the time of writing (UTC 05:50 AM), South Korean Coinbit’s DEX is ranked as No. 49 by...

Coin Race: Top 10 Winners/Losers of Bloody November

Mid-November brought us a strong market crash that shook up the prices, many of which hadn’t significantly moved in months, and the market is showing no signs of recovery yet. Out of the top 10 coins, only two were in green, and one of them is a stablecoin. Of the others among top 50 coins by...

, by Sead Fadilpašić

Dapp Hype Fades, Userbase Drops

Dapps (decentralized applications) seem to not be able to stand the test of time, facing massive drops in the amount of users after a peak, a new research finds. The largest dapps currently in use are exchanges and speculative platforms. Those aside, users have been abandoning dapps at a quick...

, by Sead Fadilpašić

Neonexchange Works on Digital Cashless Economy

In our Quick review series we introduce interesting initial coin offering projects that might inspire you to do your own research and decide whether an idea and its development is worth your investment. This is not an endorsementSource: TwitterToday we are looking at Neonexchange (NEX).What...

, by Sead Fadilpašić

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