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Money on Chain and RSK are further making the case for BTC being the hub around which defi revolves, the future is looking bright for Bitcoin.Money on Chain, known for its Bitcoin-collateralized, dollar-pegged stablecoin DoC, has announced the launch of a new decentralized token exchange called TEX. Built on Bitcoin
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The trading volume on decentralized exchanges, or DEXs, reached $42.6 billion during Q3 2020, marking an increase of 1,132% on the previous quarter, according to a recent industry report from TokenInsight.However, October saw figures pull back a little from September highs, as Bitcoin (BTC) prices started to pump, re-capturing traders' attention following
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For the time being, the DEX industry is still in its infancy. Facilitating swaps of tokens on the same blockchain is possible, but the time has come to explore the next frontier in the form of cross-chain trading.Decentralized exchanges continue to make their mark on the cryptocurrency. To take things
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According to Shawn You, co-founder of Chocoswap, “the large user base of ONTO will become the cornerstone of Chocoswap’s further development.”Chocoswap, dubbed a cross-chain decentralized crypto exchange, announced a strategic partnership with ONTO data wallet from Ontology. According to a medium post by Chocoswap, there are several notable benefits of
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Decentralized exchange CoFiX, which aims to offer more accurate and less costly trading with a new oracle solution, has raised half a million dollars from several crypto investors including Huobi’s DeFi Labs, Dragonfly Capital and Coinbase Ventures. Many existing decentralized finance (DeFi) platforms such as UniSwap and Compound use oracles that
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Cryptocurrency has gained a global stage in recent years and is taking the world by storm with the huge benefits it offers. After its introduction of Cryptocurrency, It has redefined every industry sector around the globe and created endless opportunities for businesses and Investors to gain profits through various ways.Did
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The first quarter of 2020 saw $5.1 billion added in volume to decentralized exchanges, 500% increase from the
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TitanSwap realizes the automatic execution of limit orders through the non-custodial method of smart contracts, and users can cancel the order at any time and view the complete limit order history.Today, TitanSwap is officially launched in the market. Being user-centric, fully compatible with Uniswap mining pools, and supportive to all trading
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UNI logged a rollercoaster opening session last week after rising by almost 2800 percent in just less than
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The Curve platform announced that 50% of all the trading fee will be distributed to the holders of veCRV in a move initiated at incentivizing liquidity providers and governance participants.The stablecoin DEX Curve has initiated a new dividend program for the investors and holders of its new governance token CRV.
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