Crypto’s Decentralized Exchanges Saw Most Volume in 10 Months Amid U.S. Crackdown in March
Trading volume on DEXs rose to $133.1 billion in March, the third straight monthly increase, according to DeFiLlama. Source
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Decentralized
S&P Global seeks DeFi director to expand decentralized footprint
S&P Global is looking for a decentralized finance (DeFi) director who will collaborate with Chuck Mounts, S&P Global’s chief DeFi officer. Decentralized Finance (DeFi) is a fast-growing sector within the blockchain and cryptocurrency industry that seeks to provide traditional financial services, like lending and yield-bearing securities, in a decentralized and open
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Decentralized Liquidity Platform Synthetix Sees Jump in Fees Collected Amid Incentive Campaign
Synthetix generated more than $730K in fees on March 30 ahead of the start of its allocation of 200,000 OP tokens to traders. Original Source
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AI-Focused Crypto Protocol Fetch.ai Raises $40M to Deploy Decentralized Machine Learning
The investment comes after traders started to bet on the potential of AI and crypto, following the recent rise in popularity of AI-driven chatbots such as ChatGPT and image generation software DALL-E. Both of these are traditional software that do not use cryptocurrencies or blockchain, However, a spike in institutional
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Web 3.0: A Paradigm Shift Towards a Decentralized, Semantic, and Intelligent Internet
Web 3.0, colloquially referred to as the “Semantic Web,” signifies a transformative evolution in the way we interact with and leverage the internet. The emergence of Web 3.0 comes with the promise of enhanced interconnectivity, user empowerment, and distributed architecture, making it a compelling development for experts in various fields,
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Decentralized Media Via Web3: A Solution to Bias and Trust Issues in News?
On a more mechanical level, that means using bad tactics like bad sourcing or selective sourcing or the bias of omission or the bias of commission. They're increasingly doing this to advance an agenda – and that could be financial, it could be political or they are doing it to
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Decentralized Exchange Camelot Crosses $100M in TVL Ahead of Arbitrum Airdrop
Camelot’s growth comes amid massive interest in Arbitrum’s ARB airdrop coming on Thursday. Camelot is a DEX built on Arbitrum, and users in the Camelot ecosystem are expecting ARB, once airdropped, to be listed on the DEX, which would mean ARB can be traded or deposited in Camelot’s liquidity pools. Source
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Decentralized Exchanges Posted Record $25B Daily Volume as USDC Depegged
The previous high of $24.3 billion occurred in May 2021, when bitcoin was worth roughly $65,000 and ether $4,400. Source
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Decentralized Borrowing Protocol Liquity’s LQTY Token Soars Amid USDC Chaos
While LUSD is meant to retain its dollar peg, Liquidity’s secondary token LUSD has seen the upside. LQTY, which has a total supply of 100 million and a market capitalization of $314 million, per CoinGecko, captures the fee revenue generated by the Liquity protocol, which are then paid out to
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USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident – Market Updates Bitcoin News
On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades over the past day, with more than 55% of those swaps
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