In the latest report summarizing the Q3 2020 developments in the cryptocurrency field, CoinGecko has classified the outcome as the “summer of decentralized finance (DeFi).” The popular data aggregator noted that the top-performing decentralized exchanges saw (DEX) massive growth in terms of trading volume resulting in reducing the market share of centralized exchanges (CEX). DEX […]
Centralized cryptocurrency exchanges (CEX) operators say they are unfazed by the increasing trading volumes on decentralized exchanges (DEX) because the latter’s liquidity is still too insignificant to cause user mass migration. The majority of CEX operators also insist that it is very unlikely the DEXs’ liquidity would surpass their own liquidity in 2 years’ time. […]
On Monday, October 5, Switcheo announced the launch of its new decentralized exchange Zilswap, powered by the Zilliqa blockchain network. The fully on-chain Zilswap DEX will help Zilliqa to set its footing is the rapidly growing decentralized finance (DeFi) market. Similar to Uniswap, the Zilswap DEX also uses an automated market maker (AMM) built atop […]
Peter Van Valkenburgh is Director of Research at Coin Center, a non-profit think tank focused on cryptocurrency policy research and advocacy © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Decentralized finance (defi) is allegedly coming to Venezuela after a recent decree from Venezuelan President, Nicolás Maduro and the United Socialist Party of Venezuela. The government recently introduced a defi platform called BDVE that purportedly provides Venezuelan citizens with the means to swap ERC20 tokens in a noncustodial manner. For quite some time now Venezuela […]