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IDEX, a decentralized cryptocurrency exchange (DEX) based in San Francisco, has announced the upcoming launch of its v3 Hybrid Liquidity DEX on Polygon.The hybrid model will merge traditional order book functionalities with automated market maker (AMM) liquidity pools in a bid to cultivate higher financial returns for the services liquidity providers,
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The VLaunch project is picking up some major traction ahead of its big launch this month, with a raft of big names from the blockchain community throwing their weight behind the effort. The project’s list of backers reads like an A to Z of some of the top influencers in the
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Tornado Cash is about to get a scaling boost as the privacy protocol prepares for deployment on the Ethereum layer two network Arbitrum. Tornado Cash’s smart contracts are ready to roll on thArbitrum Layer 2 scaling network following contributions from the community to ensure the stability of the protocol.The Nov. 29
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Tanzania is preparing to launch a digital form of its local currency, the Tanzanian shilling, the governor of the Bank of Tanzania said, according to a Bloomberg report.The country will follow in Nigeria’s footsteps and launch its own digital currency, Florens Luoga, announced last Thursday.Nigeria launched its eNaira in October
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Unexpectedly high demand for Switzerland’s first crypto stamp has created headaches for the national postal service. Swiss Post announced it had to deal with technical issues when numerous orders hit its online shop all at once on the day the innovative offering was made available. Demand for First Crypto Stamp
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The Bank of Tanzania is reportedly planning to introduce a central bank digital currency, or CBDC, for the African nation after neighboring countries announced similar initiatives.According to a Friday Bloomberg report, Bank of Tanzania Governor Florens Luoga said on Thursday that Tanzania was planning to follow Nigeria’s example in rolling
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Singapore-based fund manager Fintonia Group has launched two institutional-grade Bitcoin (BTC) funds approved by the Monetary Authority of Singapore (MAS).The new funds, the Fintonia Bitcoin Physical Fund and the Fintonia Secured Yield Fund, are intended to provide simple and secure exposure to Bitcoin for professional investors, Fintonia announced on Thursday.The
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The launch of VanEck’s bitcoin futures ETF was “unexpectedly later than announced,” and so it’s possible that investors who were interested in a bitcoin futures ETF had already placed their bets, said Laurent Kssis, director of CEC Capital, a crypto trading advisory firm. Source
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The Central Bank of Brazil (BCB) plans to launch a pilot of a digital currency (CBDC) by 2022, BCB President Roberto Campos Neto said on Friday, local media outlet Estadao reported.In September, the BCB told the Brazilian Senate that it planned to launch the final version of a digital real
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Welcome to the latest edition of Cryptox’s decentralized finance newsletter.Read on to discover why almost half of the liquidity providers on Uniswap v3 are losing capital due to impermanent loss.What you’re about to read is the smaller version of this newsletter. For the full breakdown of DeFi’s developments over the
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