Cryptocurrency Analysis and News Portal
Decentralized exchanges (DEXs) nip in the bud several issues concerning their centralized counterparts such as concentration of liquidity in the hands of a few players, compromise of funds in case of a security breach, closed control structure and more. One issue, however, that has refused to subside is front-running. Unscrupulous
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Bashoswap, a Cardano-based decentralized exchange that would be interoperable on both Cardano & Milkomeda networks set to launch on Cardano testnet in a few months time. A private seed round is ongoing for interested participants looking to acquire $BASH Tokens Early What is a DEX? A Decentralized Exchange or DEX (DEX) is a
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According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than $1.4 billion through two over-the-counter deals. The LFG now holds 80,394 bitcoin in its reserves currently worth just under $3 billion using today’s exchange rates. Luna Foundation Guard Scoops up
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Cronos-based DeFi project MM.Finance has suffered an exploit to its front-end, losing $2 million. Source
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Filecoin Foundation and MuckRock Seek to Integrate Decentralized Document Storage Source
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As more of the world moves onto blockchains, it is becoming increasingly important that users are able to store large amounts of data cheaply and quickly on-chain. One team working to make this vision a reality is Bundlr, which announced a $5.2 million funding round on Wednesday for its bid
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Crypto-based social media will be shaped by existing statutes, regulations and norms – and may be limited by its tech. Source
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The circulating supply of stablecoin grew 188% to $122 billion, while spot trading volumes on decentralized exchanges exceeded $3.9 trillion in the past year. Much of this came from Tether (USDT), whose supply increased from $50 billion to $83 billion, as per CoinGeckoVolumes on decentralized exchanges (DEX), which rely on
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Vertex protocol raised $8.5 million to build a decentralized foreign exchange for Terra-based stablecoins. @camlearnscrypto reports Source
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Uniswap, one of the main decentralized finance exchanges in the cryptocurrency world, is now taking measures to ensure illegal funds cannot be transacted using its platform. The company has already started blocking addresses linked to “blocked activities” and will apply a filter with data provided by TRM Labs, a blockchain
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