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Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges

Crypto venture capital firm Paradigm has slammed the U.S. Securities and Exchange Commission’s attempt to redefine the term “exchange” — which would if accepted, bring decentralized exchanges under its purview. On June 8, the firm sent a lengthy 14-page letter to the SEC Secretary, Vanessa Countryman, regarding the regulator’s proposed redefinition

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World Mobile eyes African rollout after decentralized wireless field tests

Decentralized wireless (DeWi) network operator World Mobile said on June 8 it has completed field tests of its DeWi technology in Kenya, Mozambique, and Nigeria, bringing it closer to a full rollout across the African continent, the company said in the announcement.World Mobile, which aims to offer affordable and reliable

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Decentralized exchange PancakeSwap moves into GameFi

On May 29, decentralized exchange (DEX) PancakeSwap announced that it had launched a new tower-defense GameFi game in conjunction with BNB GameFi protocol Mobox. Dubbed "Pancake Protectors," the game allows players to utilize the DEX's native CAKE tokens to earn in-game rewards.Utilities for CAKE tokens within Pancake Protectors include accelerating

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Ripple Joins Dispersion Capital’s $40M Decentralized Infrastructure Fund

The focus of the Dispersion Capital fund is to promote decentralization which is at the core of Web 3.0. American financial technology company Ripple Labs Inc which recently launched a CBDC platform has joined other investors to generate funds for a newly created decentralized infrastructure fund by venture capital firm Dispersion

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The role of central limit order book DEXs in decentralized finance

A central limit order book (CLOB) is a digital platform or system that facilitates trading financial instruments such as stocks, bonds, commodities or cryptocurrencies. It is a critical component of modern electronic trading and is used by financial exchanges, marketplaces, and trading venues to compare buy and sell orders from

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