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Are DEXs Truly Decentralized?
Saturday, September 11, 2021 - 3:18pm | 1271Whether a true decentralized existence exists depends on the practice. In the basic sense, the crypto exchange operates on two main systems- the centralized and decentralized system. When you trade digital currencies on a platform with a middleman, it is a centralized system. On the other hand, a...
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Fintech Focus For August 16, 2021
Sunday, August 15, 2021 - 1:12pm | 2685Quote To Start The Day: “The way that I manage risk has changed materially. I try as often as I can to think about multi-decade holding periods for the things that we own. In the moment, it is hard, but then you figure out guardrails to stay in an infinite mindset. If I’m thinking over...
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Such Freedom, Much Wow! Dogecoin Can Now Be Traded Without A Centralized Broker
Wednesday, March 10, 2021 - 11:13pm | 423The first-ever decentralized exchange to trade Dogecoin (CRYPTO: DOGE) has been launched — according to Komodo, a blockchain solutions provider. What Happened: The peer-to-peer decentralized exchange is powered by Komodo’s AtomicDEX engine, according to a statement issued Wednesday....
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Why BinanceCoin, PancakeSwap Cryptos Are Skyrocketing Today
Thursday, February 18, 2021 - 5:47am | 465PancakeSwap (CAKE) cryptocurrency, which backs the namesake decentralized exchange (DEX), has surged 44% over 24 hours to press time at $11.77 on Thursday. The surge comes as the DEX sees a significant surge in trading volume — standing at $1.06 billion over 24 hours at press time — as...
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Unpacking DeFi And The Significance Of SushiSwap
Wednesday, September 16, 2020 - 7:05am | 705On Sept. 9, SushiSwap, a Uniswap fork, completed a transfer of over $1 billion in liquidity from Uniswap. The hostile takeover of Uniswap liquidity is a milestone in digital finance and marks the introduction of a model that could replicate market making, borrowing, lending, and exchanging...