A better solution might come up before it even exists. High gas fees for transactions on the Ethereum blockchain are at record highs amid the decentralized finance hype that has attracted many new users to get on board on the Ethereum network. DeFi experts and computer scientists got together on Sept. 3 for Cointelegraph China’s […]
Continue Reading
As trading volumes across many top DEXs continue to soar, 2020 is shaping to be the year of DeFi tech. One of the most groundbreaking advancements to come out from within the realm of blockchain technology is the concept of a decentralized exchange. In its most basic form, a DEX can be thought of as […]
Continue Reading
A sharp correction in equities markets led Bitcoin price and DeFi tokens to sell-off sharply but have investors turned bearish? Digital asset markets were on a parabolic surge until investor confidence took a major hit to close out the week with a bearish tilt due to a perfect storm of negativity. Before reading the rundown, […]
Continue Reading
Crypto exchange giant Binance makes another move into DeFi with new token swapping liquidity platform Crypto exchange giant Binance is delving deeper into the world of DeFi-style products with its latest offering, an automated market maker called Binance Liquid Swap. Aimed directly at Uniswap and its clones, Binance will launch an AMM liquidity pool that […]
Continue Reading
Uniswap has become the first decentralized exchange to tag ten-figure volumes amid a yield farming frenzy and vampire attacks A dramatic spike in yield farming activity associated with SushiSwap and similar protocols has seen Uniswap become the first decentralized exchange (DEX) to exceed $1 billion in 24-hour trade volume. According to crypto data aggregator CoinGecko, […]
Continue Reading
There are two sides to every story. SushiSwap, an upcoming DeFi protocol forked from Uniswap’s decentralized exchange, has grabbed numerous headlines in recent days. One such story pointed out that the project’s pseudonymous head, known only as Chef Nomi, maintains access to $27 million in Sushi tokens. Cointelegraph reached out to SushiSwap’s founder for further […]
Continue Reading
Animoca Brands’ REVV utility token is launching for trade on Uniswap ahead of two upcoming blockchain-powered motorsports games. Blockchain gaming firm Animoca Brands will launch its new REVV token on the popular decentralized exchange Uniswap. REVV will begin trading for Ethereum (ETH) on Uniswap from September 4 at 12 pm UTC. The token’s initial price […]
Continue Reading
SushiSwap has all but declared war on Uniswap, and Hayden Adams appears to be returning the favor. Uniswap’s founder Hayden Adams is railing against SushiSwap, a five-day-old fork of Uniswap’s decentralized exchange, which has managed to attract over $1.3 billion in value locked over its short lifespan. Like most other liquidity mine launches, participants can […]
Continue Reading
Ethereum miners earned a record $500K in fees for a single hour, raising concerns about network stability. Transaction fees on the Ethereum network have recently reached a new hourly record. According to Glassnode, an on-chain analytics firm, miners on the network earned over $500,000 in just one hour today as Ether (ETH) rallied. Currently sitting […]
Continue Reading
Ethereum’s co-founder has taken aim at coins designed to incentivise yield farming, comparing their underlying economics to irresponsible monetary policies Vitalik Buterin, the co-founder of Ethereum (ETH), has again taken to Twitter to warn against naive bullishness in the decentralized finance (DeFi) sector, comparing the economics of yield farming tokens to the Federal Reserve’s money […]
Continue Reading