Cryptocurrency Analysis and News Portal
DeversiFi, the decentralized exchange (DEX) spin-off of former Bitfinex sister exchange Ethfinex, has burned $20 million worth of its governance and utility token, Nectar (NEC).According to a statement, March 30, this is designed to drive DEX adoption after large centralized exchanges struggled to cope during the recent cryptocurrency sell-off.Governance
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Sparkswap, a decentralized exchange backed by Pantera Capital, announced it is shutting down on March 17. The exchange cited a weak user base as the catalyst for its decision to cease operations.The platform has shut its doors to new customers and will put an end to all trading services
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NEO-based decentralized exchange (DEX) Switcheo partnered with the Zilliqa blockchain to allow trading of Ethereum- and EOS-based assets on the platform.According to an announcement on March 16, after the launch, Zilliqa token holders will be able to access Ethereum-based assets for the first time. A Switcheo spokesperson also informed
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The leading global digital asset trading platform, OKEx has made its mark in the decentralized finance (DeFi) space by launching its first DeFi application – OKEx DEx. The introduction of OKEx DEx also coincides with the launch of the platform’s own commercial public blockchain called OKChain which simultaneously went live
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Cryptocurrency exchange Binance has added the Binance Coin/Ether (BNB/ETH) trading pair to its decentralized exchange (DEX), according to a company announcement on Dec. 24.Last week’s proposal is this week’s launchThe listing follows an initial proposal posted on the Binance community website a week ago by Binance CEO Changpeng Zhao,
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Binance’s decentralized exchange is a better target for criticism over being centralized than Ethereum, Vitalik Buterin believes.In a recent Twitter discussion, Ethereum co-founder Buterin triggered a wave of argument over decentralization in the crypto industry, particularly Binance DEX as well as Ethereum itself.Criticizing Ethereum for being centralized is bad,
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For Aurora Labs, the company behind IDEX, Istanbul means lower operating costs as well as more transactions processed, CTO Jason Ahmad said in a phone interview. In fact, Ahmad expects EIP 2028 to reduce gas fees by as much as 90 percent on the new platform. Source
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IDEX is launching a new DEX built on a layer 2 scalibility protocol made possible through Ethereum's Istanbul hard fork. Source
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Decentralized exchange (DEX) Waves DEX shut down to resume operations as a hybrid exchange, Waves announced in a press release shared with CryptoX on Dec. 2.Per the release, the exchange has already ceased operations on the old domain and the process of moving its activities to Waves.Exchange has already
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Poloniex, a top cryptocurrency exchange established in 2014, has acquired TRXMarket, a decentralized exchange (DEX) powered by the TRON (TRX) distributed ledger technology (DLT) network. With the deal, TRXMarket will now come under the umbrella of Poloniex as PoloniDEX, reports BITTIMES on November 28, 2019. Poloniex Forges Ahead As part of plans
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