DEX aggregator OpenOcean enables cross-chain swaps across major networks
Users will be able to swap and bridge assets across multiple networks like Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche, and Fantom. Go to Source Powered by WPeMatico
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Industry execs confident in DeFi adoption despite security flaws: Finance Redefined
The top 100 DeFi token had a mixed week with majority of them losing bullish momentum from the last week. Go to Source Powered by WPeMatico
As DEXs struggle, new approaches kindle hope
Despite their popularity, DEXs have a number of drawbacks that may be preventing growth. A new approach, however, has offered a way forward. Go to Source Powered by WPeMatico
SushiSwap CEO reveals DEX lost $30M on LP incentives this year
“Ultimately, we must harden the business model to produce more swap volumes & generate more fees,” wrote CEO Jared Grey. Go to Source Powered by WPeMatico
The all-in-one approach at the foundation of next gen crypto investment platforms
ClearCryptos, an all-in-one crypto platform, combines all the best of DeFi and CeFi with the education necessary to use it right. Go to Source Powered by WPeMatico
Sushiswap chief says it only has 1.5 years of treasury runway left
The DEX’s operating expenses currently amount to $5 million per year. Go to Source Powered by WPeMatico
JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse
JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initiatives, including those focusing on custody, customer asset protection, and transparency. JPMorgan Expects Major Changes in Crypto Industry Post FTX Meltdown Global investment bank JPMorgan published … Read more
After FTX: Defi can go mainstream if it overcomes its flaws
The collapse of FTX and other centralized platforms in 2022 has pushed investors toward noncustodial platforms. Go to Source Powered by WPeMatico
CoinList addresses ‘FUD’ on withdrawals, cites technical issues for delays
CoinList blamed “custodian issues” with one suffering an outage affecting “many tokens” on the platform as the reason for reported withdrawal problems. Go to Source Powered by WPeMatico
Crypto survived worse than the fall of FTX: Chainalysis
According to Chainalysis, the downfall of FTX is likely to have a relatively smaller effect on the crypto ecosystem than the demise of Mt. Gox. Go to Source Powered by WPeMatico