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press release PRESS RELEASE. Vulcan Forged has launched a new and revolutionary decentralized exchange for gaming tokens following the success of its gaming metaverse, VulcanVerse. Cardiff, United Kingdom – Blockchain gaming platform, Vulcan Forged, is announcing the launch of the first-ever decentralized exchange (DEX) purpose-built for gaming tokens, VulcanDEX.
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Over the last year, many assets have been hitting the market; over 12,000 coins are currently being circulated on exchanges and swaps, to be exact. Technical issues have plagued this wave of assets since most of them are either ERC20 tokens or wrapped ERC20 tokens which rely on the ERC20
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Tinyman raised its $2.5 million from 20 investors, including Borderless Capital, Arrington Capital and The LAO. Genesis Capital, Digital Currency Group (the parent company of CoinDesk), BlockTower Capital and GoldenTree Asset Management are also investing. The exchange has been operating in testnet, a blockchain used for testing purposes, since August. Source
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THORSwap currently only offers coins that are supported by THORChain, including BTC, LTC, ETH (and ERC-20 tokens) and BNB, but it is looking to integrate more coins outside of THORChain’s liquidity. Two tokens of interest are 1INCH and 0x, THORSwap advisor CloudPleasr told CoinDesk. Original Source
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Avalanche-native decentralized exchange (DEX) Trader Joe announced Thursday the launch of a $20 million liquidity mining incentive program in collaboration with the Avalanche Foundation.The incentives will be applied “across the entire platform” but will focus in particular on “growth in native markets,” per a copy of the release provided to
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Last week China’s heavy-handed crackdown on crypto trading crypto briefly sent shockwaves across the market as Bitcoin and altcoin prices saw a sharp drop following the announcement, but as is the case with all things crypto-related, the market bounced back as resilient traders found other ways to participate in the
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Uniswap (UNI) prices staged a solid rebound after crashing last week in the wake of China's decision to intensify its anti-Bitcoin and cryptocurrency rhetoric.UNI price gained 14.90% on Mon to reach an intraday high of $26.26. The pair's climb came a day after it dropped to a monthly low of
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Decentralized derivatives exchange dYdX has seen a surge in trade activity as concerns surrounding a renewed Chinese crypto crackdown have circulated this year, with the DEX now processing more volume than Coinbase's spot markets for the first time.According to CoinGecko, dYdX has facilitated more than $4.3 billion worth of trades
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Orca, a Solana-based decentralized exchange (DEX), has raised $18 million in Series A funding led by Polychain, Three Arrows Capital and Placeholder.Other participants in the funding round include Coinbase Ventures, Jump Capital, Sino Global Capital and Solana Capital, Orca announced Wednesday.Orca will use the funding injection to continue developing its
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Solana ecosystem project Orca has concluded an $18 million Series A investment round led by some of the biggest venture funds in crypto, offering further evidence that high-profile investors are keen to back SOL-based startups. Orca, which operates as a decentralized exchange, will use the funds to continue developing its automated
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