Decentralized exchanges are gaining a lot of traction in the cryptocurrency world these days. Kyber Network is one of the platforms a lot of people are showing great interest in. With centralized exchanges being scrutinized and targeted by hackers, it is evident that decentralized solutions are the way forward. Kyber Network Goes Live Even though Kyber Network is nothing new under the sun, the project has been in development for quite some time now. A lot of people were excited about the launch of this platform, although it remained unclear if and when the platform would go live. It now seemsPowered by WPeMatico
The Myspace/Facebook analogy has been gratuitously overused, yet it aptly describes Etherdelta and IDEX. The former was once the only decentralized exchange in town, a hub of ERC20 tokens bolted to a barely usable interface. Then Etherdelta (ED) got hacked and launched a pointless ICO. While ED floundered, IDEX assembled a user-friendly alternative that was […]
The cryptocurrency landscape has changed significantly over the past 12 months. Gone are the guaranteed returns of 5x, 10x or greater on ICOs, as a growing number of investors clamor for a piece of the pie. New coins, new forks, and new airdrops have created a competitive marketplace characterized by diminishing returns and reduced profits. […]
Bitfinex has announced that it will launch a decentralized cryptocurrency exchange built on the Eos.io platform. The new platform, Eosfinex, will be the first exchange to be hosted using Eos.io’s decentralized application infrastructure. Also Read: EOS Raises $700M Despite Token Affording No “Rights, Uses, Purpose, or Features” Bitfinex Partners With Eos to Develop Eosfinex Bitfinex claims […]
All of us were thrilled by the MoneyToken’s advances and successes recently.
Removing the potential for a single point of failure, decentralizing gives way to three enduring principles upon which cryptocurrency rests: security, privacy, and censorship resistance. Perhaps the bitcoin community has deviated too far from these principles and, as a direct result, hacks, flash crashes, government raids and lawsuits against centralized exchanges might slow wider adoption […]