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Synthetix (SNX) trading volume overtakes GMX, but is the DEX token rally sustainable?
25.5.2023
Volumes at Synthetix surpassed it’s nearest DEX competitor, but contracting user activity across decentralized exchanges could be a red flag
Sam Altman’s Worldcoin secures $115M for decentralized ID
25.5.2023
Funds will be used to support the decentralized World ID and the recently released crypto wallet World App. VC firms A16z Crypto, Bain Capital Crypto, and Distributed Global are investors in the round
Crypto Exchange Hotbit Says ‘Deteriorating Conditions’ Forced It to Stop Operations
25.5.2023
China-headquartered cryptocurrency exchange, Hotbit, said on May 22 it had made the decision to halt “all cex operations.” The crypto exchange pointed to the “continuous outflows of funds from cex [centralized exchange] users” as one of the many factors that forced Hotbit...
KyberSwap Resumes Elastic Protocol, Backed by Multi-Million KNC KyberDAO Security Fund
25.5.2023
KyberSwap, a leading decentralized exchange (DEX) platform, is thrilled to announce they will be resuming its highly anticipated Elastic protocol on May 25, 2023. This brings back key capital-efficient features such as concentrated liquidity and full range fees compounding, while incorporating...
0x Releases Latest Version of DEX Aggregator Matcha
24.5.2023
Exchange infrastructure provider 0x released Wednesday its newest iteration of Matcha, a decentralized exchange (DEX) aggregator, which incorporates several features focused on enhancing the trading experience for users
Cardano’s Charles Hoskinson Says Ethereum Classic Now a ‘Scam’
24.5.2023
Charles Hoskinson, co-founder of the Cardano blockchain, has labeled the decentralized computing platform Ethereum Classic (ETC) a scam that is benefiting “insiders who dump on those they recruit.” Hoskinson claimed that “Ergo is what ETC should have been and continues...
Harvest 3 Reveals Next Gen Yield Farming Platform, Featuring Support for Verse DEX by Bitcoin․com
23.5.2023
PRESS RELEASE. Harvest Finance, a leading DeFi platform since mid-2020, is thrilled to announce the launch of its latest product offering, Harvest 3. This platform update introduces a suite of new features and an improved user experience, including the expansion of yield farming opportunities with...
Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East
23.5.2023
Decentralized finance protocol Num Finance will offer stablecoins in Brazilian real, Colombian peso, Mexican peso and Bahrain dinar within the next month and develop tokenized money market funds
GoCrypto’s Cutting-Edge NFT Store: Smart Contracts and Decentralized Payments
23.5.2023
PRESS RELEASE. [Ljubljana, May 23rd, 2023] – GoCrypto, the trailblazer in blockchain technology, is proud to unveil its groundbreaking GoCrypto NFT Store, a revolutionary platform that harnesses the power of smart contracts to redefine ownership, creativity, and real-world rewards. Powered...
DAO Treasuries Surge: From $8.8B to $21.5B in 90 Days, Marking a 144% Increase
20.5.2023
According to archived records, 4,833 decentralized autonomous organization (DAO) treasuries held $10.8 billion on April 15, 2022. Over the course of 309 days, by February 19, 2023, the treasuries dwindled to $8.8 billion. However, during the past 90 days, there has been a significant surge, with...
Marathon and Brink Join Forces to Raise $1 Million for Bitcoin Core Developers
20.5.2023
Bitcoin mining company Marathon Digital Holdings and Brink, a nonprofit striving to support open-source Bitcoin development, recently revealed their collaboration to generate up to $1 million in funding for Bitcoin Core developers. Marathon pledged to match all contributions toward this cause...
Unidef Introduces Decemount to Expedite Global Shift to Decentralization
18.5.2023
PRESS RELEASE. Dubai, UAE — May 18, 2023 – Today, Unidef (unidef.org), a global network of organizations focused on hastening the global shift to a decentralized future, proudly unveils its latest initiative, Decemount. This ambitious project seeks to fund and empower talented individuals...
Regulatory Battle: Grayscale Challenged by SEC’s Designation of Filecoin as Security
18.5.2023
Grayscale Investments, the largest digital currency asset manager by assets under management, made an announcement on May 17 regarding a comment received from the U.S. Securities and Exchange Commission (SEC). According to the SEC, the crypto asset filecoin qualifies as a security under federal...
Uniswap will deploy on Polkadot parachain Moonbeam
17.5.2023
The decentralized exchange gets a Polkadot version via the Moonbeam network
The role of central limit order book DEXs in decentralized finance
16.5.2023
A look at the role of central limit order book DEXs in DeFi
Lending Platform Atlendis Deploys Upgrade on Polygon, Opens $2M Lending Pool for Banxa
16.5.2023
Atlendis Labs is a blockchain-based credit marketplace that offers revolving credit lines for small and medium-sized businesses and fintech firms
Weekly DEX Volume on BNB Chain Hits Highest in a Year
15.5.2023
Lower fees and Binance’s popularity are among the reasons noted by market analysts
Community-Driven Blockchain Platform Parex Raises US$ 6․5 Million
15.5.2023
PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a new investment round. The funding was provided by DWF Labs that invested...
Ribbon Finance's Decentralized Exchange Aevo Unveils Altcoin Options Trading
15.5.2023
Users will be able to trade options tied to coins like LDO, PEPE, SUI, ARB, LTC, APT, and others, which was previously possible only through an over-the-counter desk.
Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks
13.5.2023
In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket Pool and Frax Ether have recorded double-digit...