Unique Addresses Tethered to Ethereum Defi Apps Climb Past 3 Million

Unique Addresses Tethered to Ethereum Defi Apps Climb Past 3 MillionThe number of users or unique addresses leveraging decentralized finance (defi) protocols via Ethereum has risen past 3 million according to recent statistics. A vast majority of these unique addresses use the defi protocol Uniswap, as 2.4 million users have been recorded since December 2018. Ethereum Defi Applications See Unique Addresses Surpass 3 Million According […]

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Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger Ver

Defi Venture Xfai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger VerDecentralized finance (defi) has seen extreme demand and innovative use-cases during the last 12 months. Defi oracles, decentralized exchange (dex) platforms and automated money makers (AMM) have swelled in value, as statistics show over $43 billion is locked into defi protocols today. Meanwhile, a new project has recently stepped out of the gate called XFai, […]

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A Model for the Next Generation DEX, TitanSwap Will Be a Dex With Better User Experience

TitanSwap is using the renBTC protocol to implement cross-chain operations. Compared with the currently more common custodial cross-chain solutions wBTC and tBTC, the renBTC smart contract is a non-custodial access mechanism. Its core is the RenVM virtual machine, a decentralized network mainly composed of thousands of “dark nodes” Run on. Therefore, TITAN’s solution is more […]

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Over $1 Billion Ethereum-Based Tokens Vulnerable to ‘Fake Deposit Exploit’

Over $1 Billion in Ethereum-Based Tokens Vulnerable to 'Fake Deposit Exploit'A number of university researchers published a study that demystifies the “fake deposit vulnerability” in Ethereum-based smart contracts. The findings show that over 7,000 tokens worth more than $1 billion built on top of Ethereum are vulnerable to two types of attacks that exploit smart contracts. Researchers from the University of Queensland, Beijing University of […]

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As Crypto Exchanges Exit the US, Which Trading Platforms Will Enter the Breach?

As Crypto Exchanges Exit the US, Which Trading Platforms Will Enter the Breach?The U.S. remains a challenging environment for centralized cryptocurrency exchanges, with major players significantly scaling back their operations and others heading for the door. The most recent casualty of America’s stringent regulatory climate is one time market-leader Poloniex, which has “spun out” from parent company Circle, spinning out of the U.S. market in the process […]

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Significant Trade Volume Triggers Localbitcoins KYC Requirement

Significant Trade Volume Triggers Localbitcoins KYC RequirementAccording to a recent thread on Reddit, Localbitcoins traders allegedly have to verify their identity if they are trading “significant” volume using the peer-to-peer platform. Also Read: Meet Memo: An On-Chain Social Network Built on Bitcoin Cash Localbitcoins ‘Error’ Involves Know-Your-Customer Verification Bitcoin users are frantically searching other exchanges today that don’t require Know-Your-Customer (KYC) verification. […]

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