decentralized exchange

Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund on Nov. 17 to cover users’ losses.According to an announcement on X (formerly Twitter), the exchange increased margin requirements on several ...

DeFi platform Sushi has partnered with interoperability platform ZetaChain to explore the possibility of native Bitcoin swaps for its users across 30 different blockchain networks.Sushi’s deployment of its decentralized exchange (DEX) on ZetaChain is touted to enable trading of BTC without ...

Decentralized finance (DeFi) group Aave Companies has been rebranded to Avara as it looks to broaden its user base across the Web3 ecosystem.Stani Kulechov, founder and CEO of Avara (formerly Aave Companies), tells Cointelegraph that the company’s growing number of offerings, including liq ...

On Nov. 15, several altcoins continued to show strength alongside Bitcoin (BTC), which notched an intra-day high at $37,400. Leading into the week, DYDX, Solana’s SOL (SOL) and Avalanche’s AVAX (AVAX) currently reflect double-digit gains, with each chasing after new year-to-date highs.  ...

Solana's native token (SOL) experienced a remarkable 58.6% surge in just five days, reaching an $64 high on Nov. 11. However, the subsequent two-day retracement of 11.3% to $54 has prompted investors to question whether this signals a fading bullish momentum or merely a temporary price adjustment ...

Binance Blockchain Week Istanbul 2023 saw global crypto exchange Binance bringing its flagship event to Turkey on Nov. 8–9, where business is conducted in the Turkish lira — a top trading pair on its platform. While Binance CEO Changpeng “CZ” Zhao was absent fr ...

Traditional finance (TradFi) prioritizes security, while decentralized finance (DeFi) champions innovation and accessibility. Combining the strengths of centralized (CEX) and decentralized (DEX) exchanges in hybrid exchanges can unleash innovation and enhance asset security.With hyb ...

Decentralized cryptocurrency exchange dYdX has launched its layer 1 blockchain with the creation of its genesis block which will operate using native DYDX tokens.The dYdX Chain is set to distribute all fees to validators and stakers in USD Coin (USDC). This includes trading fees denominate ...

Crypto exchange dYdX has published the open source code for its new Cosmos-based network of the same name, according to an October 23 blog post. The new code includes the “protocol, order book, front-end, and more,” the post stated. The publication of the code is intended to pave the ...

THORSwap, a decentralized exchange (DEX) powered by multichain THORChain, has taken a proactive step by entering maintenance mode to prevent potential illicit fund movements through its platform. This decision was made after consulting with advisors, legal counsel, and law enforcement. Cross-chai ...

Decentralized exchange (DEX) platform dYdX is planning to offer a “purely decentralized” order books exchange as they migrate their ecosystem from the Ethereum network to the interchain network Cosmos.At the Korea Blockchain Week 2023, Cointelegraph's Andrew Fenton spoke with d ...

Binance CEO Changpeng “CZ” Zhao predicts that decentralized finance (DeFi) has the potential to surpass centralized finance (CeFi) in the next bull run.In an Sept 1 live X Spaces (formerly Twitter Spaces), titled CZ AMA, CZ stated his predictions for the future of DeF ...

The United States District Court of Southern New York has dismissed a class-action suit against Uniswap Labs, its CEO, foundation and venture capital backers brought by plaintiffs who claimed they lost money due to scam tokens on the decentralized cryptocurrency exchange. Judge Katherine Polk Fai ...

Decentralized exchange (DEX) platform dYdX will unlock $14.02 million worth of DYDX (DYDX) tokens dedicated to the community treasury and rewards for traders and liquidity providers. On Aug. 29, dYdX will release 6.52 million in-house tokens, representing 3.76% of the DYDX circulating supply. Out ...

In early August, decentralized exchange DEXnow.io was launched on the Solana blockchain. You do not need to undergo KYC to transact on the platform. The platform has been tested in Solana Devnet environment for three months starting from April. A key feature of DEXnow.io is the combination of ...

The decentralized exchange RocketSwap, created on the basis of the Base layer network, was hacked and lost 471 ETH. The hacker who hacked into the exchange created a meme token called LoveRCKT. Cybersecurity experts PeckShieldAlert reported that the attacker managed to ...

Unibot (UNIBOT) token was among the top crypto gainers in July as its price rallied by 400% in a month to reach an all-time high of $199.90 on July 28. The project defied the market’s negative trend as both Bitcoin (BTC) and Ethereum (ETH) dropped by nearly 4%.However, by August 3, 2 ...

On July 30, Curve Finance, a decentralized exchange on Ethereum, suffered a hack due to a vulnerability in certain pools built using the Vyper programming language.The price of Curve DAO (CRV) dropped 20.91% on the day of the hack, falling to a two-month low of $0.58. The next day, ...

In the rapidly evolving world of cryptocurrency, significant changes have occurred within the crypto sector, particularly concerning crypto exchanges, over the past few years. Centralized exchanges (CEXs) have experienced remarkable growth, transforming into industry gi ...

On-chain derivatives are set to become the next big growth sector in the decentralized finance (DeFi) space, says Henrik Andersson, the chief investment officer of Australian crypto investment firm Apollo Crypto.In a wide-ranging interview with Cointelegraph, Andersson said he thinks the i ...

The allegations against Binance and Coinbase by the U.S. Securities and Exchange Commission have substantial ramifications for the decentralized finance (DeFi) ecosystem, and they are far from positive. DeFi has developed as a promising area within the crypto industry, aiming to disrupt establish ...

Ether’s (ETH) DeFi activity has declined in the bear market and the sector faces further competition from Ethereum’s annual staking reward of 4%, according to Glassnode analysts. However, a DeFi narrative is building around liquid staking derivative (LSD) tokens that could revive Ethereum’s netwo ...

Director of Fantom Foundation announced that the fund has temporarily withdrawn from liquidity pools on SushiSwap due to security concerns with the Multichain Bridge. Andre Cronje stated that "if something negative does happen, it will affect USDC, DAI and wBTC issued in ...

He is the largest holder of the coins Now they need to be returned to the Evmos Foundation The Evmos team recently commented on Twitter about the EVMOS token sale. It turns out that project co-founder Ashish Khosla wanted to sell a significant number of coins aft ...

PeckShield Network Observer reports that decentralized exchange Swaprum DEX has zeroed out liquidity pools and removed social media accounts. According to Arbitrum network analysis, the Swaprum Decentralized Exchange team has withdrawn all customer deposits totaling 1,628 ...

Popular decentralized exchange Uniswap conducted a survey of 1,860 American citizens. It turned out that the main obstacle to using DeFi was the complexity of the work. The report reports that many users of centralized platforms are interested in decentralized finance (De ...

Binance, the largest cryptocurrency exchange, said it is joining other prominent cryptocurrency firms and "proactively" withdrawing from the Canadian market. This is due to the regulatory environment in the country. Representatives ...

The Uniswap exchange has surpassed Coinbase in trading volume for the fourth consecutive month. Uniswap first surpassed Coinbase's trading volume in February, and while both exchanges have since declined in volume, Uniswap is still ahead of Coinbase. Uniswap processed ...

The developers of the decentralized exchange Curve Finance announced the launch of the crvUSD steblecoin on the core Etherium network. Smart contracts for the functioning of the token have already been successfully deployed, but the user interface for working with them is ...

The Uniswap exchange rate (UNI) has pulled back about 17% from the local high of $6.4 recorded on April 14. However, onchain metrics bode well for a rebound UNI, the native token of decentralized cryptocurrency exchange (DEX) ...

Hackers have successfully breached Merlin, a decentralized exchange operating on the zkSync solution, and have made off with $1.82 million worth of assets. The stolen funds were then transferred to USDC and moved from the zkSync network to the Ethereum main network. The crypto community has ap ...

This is one of the popular DEX aggregators Tells all the details of the new option MetaMask Swaps integrated DEX aggregator OpenOcean. The company shared this news on their official Twitter page: https://help.twitter.com/en/twitter-for-websites-ads-info-and-pr ...

GM! Binance returns to Russia, memcoins flourish on the market, and LUNA is not recognized as a security, Binance bursts into a liquid stacking with a native token, KuCoin users had $22 thousand stolen. phishing, and 4 billion Trust Wallet wallets at risk. We're also in the midst of a memcoin tre ...

Paxos, the cryptocurrency company, has recently announced its decision to withdraw from the Canadian market. In an email sent to its Canadian customers, the company stated that it would no longer provide support to users in the country, with account disabling scheduled for May 9, 2023. The mov ...

The decentralized exchange SushiSwap recently experienced a security breach resulting in hackers exploiting a vulnerability in the RouteProcessor2 smart contract. The hackers were able to withdraw over $3.3 million from the platform before the issue was identified. The CEO of SushiSwap, Jared ...

dYdX, a well-known decentralized exchange, has recently announced that it will be imposing limitations on its platform for Canadian users. The announcement stated that users from Canada will have a week to exit the market as the exchange will be discontinuing various staking programs and liquidit ...