The Uniswap effect is leading to 208% gains on average for certain tokens
And researchers suggest it’s surprisingly easy to predict, if you know what to look for. Go to Source Powered by WPeMatico
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Kraken Cryptocurrency Exchange Gets US Banking License, Plans to Be Global Bank
Cryptocurrency trading platform Kraken has received a banking license recognized under federal law to operate as a bank in the U.S. The company has outlined its plans to offer a number of cryptocurrency-focused financial services locally and globally. Kraken Now a US Bank Kraken announced Wednesday that it has received a U.S. bank charter. “The … Read more
P2P Bitcoin Exchange Paxful Shuts Down Venezuela Operations to Comply With US Sanctions
Peer-to-peer (P2P) crypto exchange Paxful is shutting down its operations in Venezuela, apparently, to comply with U.S. economic sanctions against the leftist government of disputed president Nicolas Maduro. On Tuesday, a Paxful spokesperson told news.Bitcoin.com that the exchange will now start restricting new accounts and closing old ones, as part of the shutdown process. “Current … Read more
SLP Trading Platform Cryptophyl Plans to Change Into a Noncustodial Defi Exchange
The U.K.-based Simple Ledger Protocol (SLP) exchange Cryptophyl is closing its doors in order to restructure into a decentralized finance (defi) platform. Cryptophyl has revealed the trading platform will officially go offline on September 21 and is asking customers to withdraw before that period. Just recently the SLP token trading platform Cryptophyl has revealed it … Read more
European Crypto Exchange Hacked for $5.4 Million in Bitcoin
Eterbase, a Slovak cryptocurrency exchange, revealed Thursday that it had been hacked for $5.4 million. Cyber-criminals broke into six hot wallets containing bitcoin, ethereum, algo, ripple, tezos, and tron, stealing everything, it said. Hot wallets are active digital asset accounts connected to the internet. Eterbase used these wallets to facilitate day-to-day trading activities on its … Read more
Bitcoin on-chain volume hits a 1-year high with only 3.6% coming from exchanges
Yet Bitcoin exchange trading volume has not declined. Go to Source Powered by WPeMatico
South African Crypto Exchange Luno Expanding Globally After Acquisition by Digital Currency Group
Digital Currency Group has acquired South African cryptocurrency exchange Luno, which has more than five million customers in over 40 countries. The acquisition will help Luno expand globally, including across its existing markets in Africa, Europe, and Asia. DCG Committed to Helping Luno Expand Globally New York-based Digital Currency Group (DCG), an investment firm that … Read more
A new decentralized exchange lets users trade commodity and crypto derivatives
Ever wanted to yield farm gold, silver or oil? Go to Source Powered by WPeMatico
How to provide liquidity to cryptocurrency exchange
Liquidity is one of the most important factors in a cryptocurrency exchange or brokerage’s long term success. Go to Source Powered by WPeMatico
How to Leverage Uniswap – Ethereum’s Noncustodial Defi Trading Platform
In 2020 decentralized exchanges (dex) have grown quite mature compared to just a few years ago. One specific dex gathering a lot of steam this year in the defi world is Uniswap, a trading platform that held $1.3 billion locked in value and dominated most defi applications by over 18% Friday evening. The following review … Read more