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Loopring Integrates into Autonio’s NIOX Market Making Software


Shanghai-based decentralized crypto exchange Loopring announced on Wednesday that it has integrated into blockchain-based crypto trading tools and services provider Autonio’s market-making software NIOX Maker. In the official tweet, Loopring said that the software would reduce the barriers everyday...

Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year


The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50%...

Forex Strapped Nigeria Designates Crypto Assets as Securities


The Securities and Exchange Commission (SEC) of Nigeria has designated crypto assets as securities as the authorities step up efforts to regulate Africa’s largest cryptocurrency market. The SEC says the classification of crypto assets for regulation is consistent with the country’s...

DEX Volumes Receive Automated Market Makers Boost


The rapid development of automated market makers (AMMs) is one of the main forces driving the expansion of decentralized exchanges (DEXs), which surpassed 5% of total crypto exchange volume last month, per a new report. Over 90% of DEX volume is currently generated by AMMs, according to research...

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