DEX

Cryptocurrencies referencing Elon Musk's SpaceX and its Starship rocket surged after the space transportation giant's historic engineering feat Sunday. What happened: Solana (CRYPTO: SOL)-based coin, SpaceX, popped 216% in the last 24 hours, according to CoinMarketCap. The coin, which traded on the...

Decentralized exchange (DEX) PancakeSwap on Friday announced launch of a discussion proposal to introduce an "Affiliates" program aimed at extending its reach across new blockchains, directly benefiting CAKE (CRYPTO: CAKE) token holders with native DEX tokens from these collaborations....

The decentralized exchange, dYdX (CRYPTO: ETHDYDX), has outperformed Uniswap (CRYPTO: UNI), becoming the dominant decentralized exchange (DEX) by daily trading volume. What Happened: As per a CoinDesk report on Sunday, data from CoinMarketCap reported that dYdX, which migrated from Ethereum (...

The once-uncontested supremacy of Binance (CRYPTO: BNB) in the cryptocurrency exchange market may be waning, with its market share decreasing from 54.2% at the start of the year to 48.7% by the end of 2023. Why Cryptocurrency Market Is Recovering This dip in dominance is coming against...

The crypto landscape is set to undergo a significant transformation in 2024 with the rise of Decentralized Exchanges (DEXs). This trend is expected to be a hot topic at the ‘Crypto & Blockchain Outlook in 2024′ virtual event on Jan. 25 at 11 a.m. EST. DEXs are revolutionizing...

Trader Joe, a leading decentralized exchange (DEX) on the Avalanche (CRYPTO: AVAX) blockchain, achieved a significant milestone on Dec. 11, with its fee capture reaching $1.23 million and revenue hitting $145,000. These figures represented the second-highest levels recorded for the platform within...

Worldcoin, backed by entrepreneur Sam Altman, is implementing significant changes to its Orb rewards strategy to foster the growth of its (WLD) token supply. This move comes as the cryptocurrency sector is rapidly evolving, with major events on the horizon such as Benzinga's Future of Digital...

Crypto-native trade surveillance and risk monitoring firm Solidus Labs on Tuesday identified $2 billion worth of wash trades on Ethereum (CRYPTO: ETH)-based decentralized exchanges (DEXs) since 2020. This alarming revelation underscores the challenges and vulnerabilities present in the rapidly...

Decentralized exchange dYdX has taken a significant step towards migrating from its current Ethereum (CRYPTO: ETH)-based platform by launching its public test network on Cosmos (CRYPTO: ATOM). The testnet allows users to execute market orders, create private keys and set limit orders with...

Crypto influencer Bitboy recently unveiled PsyDex, an innovative Crypto DEX and Memecoin Launchpad set to solve the meme coins liquidity issues. The native token linked to this decentralized exchange is called Loyal (CRYPTO: LOYAL). It aims to address the prevalent issue of rug pulls and foster...

Zero-knowledge startup Lagrange Labs on Thursday announced a pre-seed funding round of $4 million to boost its proprietary zero-knowledge proof system. The round, led by 1kx, included Maven11, Lattice Fund, CMT Digital, and Daedalus Angels, among others. The company in an emailed...

The past year has been quite an eye-opener for the global cryptocurrency market. Investors have faced one of the most dramatic downturns in crypto history, with coin prices plummeting due to pressure from traditional markets and economic headwinds. This market downturn revealed significant...

About $16.7 billion in cryptocurrencies was stolen between January 2011 and February 2023, highlighting growing illegal activity in the cryptocurrency and DeFi markets, according to a report. DeFi Hacks On The Rise The study conducted by Crystal Blockchain, which covered ...

While blockchain technology is hailed as revolutionary, it is not immune to attacks, with the industry experiencing 15 incidents of hacks and exploits in February 2023, resulting in a total loss of $142 million, according to the REKT database. What Happened: Among the affected platforms, the BNB...

Uniswap (CRYPTO: UNI), a well-known decentralized exchange, has launched an early access program for its new self-custodial mobile wallet at the ETHDenver conference. The move aims to provide users with more control over their crypto assets and allow them to trade with greater ease and security....