Uniswap now accounts for more gas fees than anyone else on the Ethereum network. Press time data from EthGasStation shows decentralized exchange Uniswap as the place users have spent the most Ethereum (ETH) on gas payments over the past 30 days. Uniswap participants shelled out a combined 17,700 total ETH as fuel to send their […]
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Do major crypto exchanges act in their best interest rather than respecting community-based project guidelines? The billion-dollar cryptocurrency space is no stranger to hype, as it is considered a factor that increases crypto prices. While this may be, hype generated from major centralized crypto exchanges may actually be creating more harm than good for users […]
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Axie Infinity is now the 11th-ranked NFT game by lifetime trade volume following a surge in players eager to get their hands on the platform’s governance token. DeFi is converging with non-fungible tokens (NFTs), with the Ethereum-powered game Axie Infinity seeing a spike in users ahead of the expected launch of the project’s governance token. […]
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The growing popularity of Uniswap is continuing to attract scammers, with fraudulent coins impersonating token sales for top crypto projects. Fake coins continue to plague decentralized exchange Uniswap, with prominent crypto projects associated with upcoming token sales reporting impersonators trading on the platform. On August 19, upcoming decentralized finance (DeFi) lending protocol Teller Finance tweeted […]
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The growth of decentralized exchanges in 2020 has been phenomenal, but there is a hard ceiling with current technology. Decentralized exchanges, also known as DEXs, have risen significantly in popularity since the start of 2020, with both their user bases and volumes growing at an accelerating pace. The sector is currently being driven by so-called […]
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“Decentralized technology that creates programmatic consensus to seamlessly fix inefficiencies and increase opportunity? I think it may prove to be unstoppable.” Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This […]
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Paying more than $8,000 in fees, an unknown developer has prematurely deployed Curve’s tokens and contracts resulting in an unexpected launch. Decentralized finance (DeFi) project Curve has been forced to launch its DAO and governance token CRV prematurely after an anonymous developer deployed the contracts without the knowledge of the official team. The developer tweeted […]
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How does such a seemingly omnipotent company fail to do something so basic? Users of the Uniswap decentralized exchange could be at risk thanks to a new Google ad. “URGENT WARNING FOR ANYONE USING UNISWAP,” crypto influencer and YouTuber, BitBoy, said in an Aug. 11 tweet. Tagging Google’s Twitter accounts, he added: “Google you should […]
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Cointelegraph’s recent China blockchain event spanned five continents and attracted 100,000 viewers. Around 100,000 people in total attended the 2020 Great Bay Area International Blockchain Week, hosted by Cointelegraph China and Cointelegraph in Shenzhen’s Great Bay district in the first week of August. Guests were divided between those who participated online and offline, according to […]
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This exchange aggregator thinks it can do better than the exchanges it aggregates. Decentralized exchange aggregator 1inch.exchange has launched its own DEX. As part of their efforts, they promised to fix two major issues with this type of exchange — front-running and impermanent loss. Announced on Tuesday, the Mooniswap exchange is an automated money market, […]
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