Most DEXs are unsafe, alleges new report
Only two decentralized exchanges on the list received high cybersecurity scores. Go to Source Powered by WPeMatico
DEX
Auto Added by WPeMatico
Foresight or folly? Data show 70% of exchanges are unmoved by DeFi volume
Survey data show centralized exchanges are not worried about DeFi trading volumes, so why are they building their own DEXs? Go to Source Powered by WPeMatico
Rise of the Underdog, Securypto Takes off as Investors Scramble To Get on Board
The time of ICO’s seems behind us and many blockchain projects have fallen off the grid but one particular project seems not only to have survived but even thrived during these times. Securypto focuses on safe and truly anonymous exchange of data. In a world where datahacks have become the norm rather than the exception, … Read more
KuCoin CEO claims hacking suspects identified
They’ve already gotten the police involved. Go to Source Powered by WPeMatico
Why the BitMEX charges could be bad news for DeFi
Charges against BitMEX for weak AML and KYC policies could be bad news for the world of decentralized finance Go to Source Powered by WPeMatico
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 … Read more
KuCoin hack unpacked: More crypto possibly stolen than first feared
The KuCoin hack is the first high-profile case of a decentralized exchange being used to launder stolen funds. Go to Source Powered by WPeMatico
Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot
This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth.” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now over $350 million and more than double the aggregated total of Bitcoin’s network fees. Coin Metrics researchers and Nate Maddrey … Read more
Uniswap Captures $2 Billion Locked, Dex Volume Outpaces Second-Largest Centralized Exchange
The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesday’s data shows out of all the decentralized finance (defi) application’s Uniswap dominates the $11 billion landscape by over 18%. Just recently, the defi space has touched a few new milestones as the ecosystem’s … Read more
Kucoin Hacker Leverages Uniswap to Dump Vast Number of ERC20 Tokens
Since the recent Kucoin hack, the crypto community has been waiting for the hacker to move funds. During the early morning hours (ET) on Sunday, a number of people noticed the Kucoin hacker started to move a large amount of ether and ERC20s to connect with the decentralized exchange (dex) Uniswap. The cryptocurrency exchange Kucoin … Read more