The platform seeks to provide solutions to drawbacks on traditional DEX platforms, most notably front-running and slippages.
Powered by WPeMatico
Category: IDEX
Auto Added by WPeMatico
Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week
Years ago the cryptocurrency community did not have access to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber, and more. Dex trading growth has spiked over 68% this week alone and during the last seven days, $2.4 billion […]
The post Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week appeared first on Bitcoin News.
Powered by WPeMatico
Total Value Locked in Defi Surpasses $4 Billion, ETH Up Over 70% Last 30-Days
Statistics show that the decentralized finance (defi) economy has grown massively this year as the total value locked (TVL) in defi recently surpassed $4 billion. Between dex platforms, derivatives, stablecoins, lending, and non-fungible asset creation the second quarter of 2020 has propelled the Ethereum network to new heights. Decentralized finance (defi) is a term used […]
The post Total Value Locked in Defi Surpasses $4 Billion, ETH Up Over 70% Last 30-Days appeared first on Bitcoin News.
Powered by WPeMatico
Seeking Profits: A Number of Large Crypto Exchanges Are Mining and Staking Digital Assets
During the last 12 months, large cryptocurrency exchanges have been getting into digital currency staking and creating SHA256 mining operations. Just recently, Binance announced the launch of its mining pool following exchanges like Okex, and Huobi. Alongside this, a great number of crypto exchanges are staking proof-of-stake (PoS) coins, which have caused some grievances among […]
The post Seeking Profits: A Number of Large Crypto Exchanges Are Mining and Staking Digital Assets appeared first on Bitcoin News.
Powered by WPeMatico
IDEX Unveils a Demo Version of Optimistic Rollups
Cryptocurrency trading platforms need to keep growing and evolving to remain competitive. The IDEX team has opened a public beta of its new platform, which introduces some big changes. IDEX Is one of the most popular decentralized exchange platforms in the world today. Prominent Changes for IDEX Users Even so, there is no reason not to innovate further and bring pressure to potential competitors. For IDEX 2.0, there are some interesting features users can take advantage of. The optimistic rollups will introduce a massive increase in off-chain transactions. In fact, it theoretically becomes possible to achieve unlimited off-chain scaling without
The post IDEX Unveils a Demo Version of Optimistic Rollups appeared first on The Merkle Hash.
Powered by WPeMatico
Decentralized Exchanges Are Evolving at Last
The humble DEX has come a long way since the days of Etherdelta. While not all of those steps have been forward – such as the enforcement of KYC on IDEX – the scope and quality of decentralized trading platforms has evolved greatly. As an examination of several new and emerging platforms shows, DEXs can […]
The post Decentralized Exchanges Are Evolving at Last appeared first on Bitcoin News.
Powered by WPeMatico
‘Decentralized’ Exchange IDEX to Introduce Full KYC
IDEX, the world’s most popular decentralized exchange, is to transition to a full verification model. The move comes days after the platform began excluding residents of New York State as part of its compliance efforts. Its latest measure, described by IDEX as “pragmatic decentralization” has drawn ire from a segment of the cryptocurrency community. Also […]
The post ‘Decentralized’ Exchange IDEX to Introduce Full KYC appeared first on Bitcoin News.
Powered by WPeMatico
Wrapped Bitcoin Is Coming to Ethereum
Bitcoin core is poised to make its Ethereum debut. An initiative involving several decentralized exchanges (DEXs) as well as crypto-custodians Bitgo will see BTC become WBTC, with the W standing for “wrapped.” When WBTC launches in January 2019, it will enable ethereum-based bitcoin to be traded on DEXs, boosting liquidity and opening the Ethereum ecosystem […]
The post Wrapped Bitcoin Is Coming to Ethereum appeared first on Bitcoin News.
Powered by WPeMatico
IDEX Blacklists New York Residents, Setting a Worrying Precedent
IDEX, the supposedly decentralized exchange, plans to start blocking traders who reside in the state of New York. The decision sets an alarming precedent for decentralized exchanges (DEX), which have traditionally given short shrift to regional regulations in their pursuit of censorship-resistance. Also read: Circle’s USDC Stablecoin Added to Coinbase World’s Largest Censorship-Resistant DEX Starts Censoring […]
The post IDEX Blacklists New York Residents, Setting a Worrying Precedent appeared first on Bitcoin News.
Powered by WPeMatico
A Review of the New Stellarx Decentralized Exchange
This week, Stellar launched its long-awaited decentralized exchange. Stellarx offers trading of a range of assets including cryptocurrencies from multiple blockchains, using stellar lumens (XLM) as the base currency. The exchange differs significantly from existing decentralized offerings, which are limited to tokens pertaining to a single blockchain – usually Ethereum. With Stellarx, however, users can […]
The post A Review of the New Stellarx Decentralized Exchange appeared first on Bitcoin News.
Powered by WPeMatico