A core developer of solana based DEX platform Cypher confessed to stealing user funds amounting to $300K on his X account. The core contributor known as Hoak released a public statement accepting the allegations imposed on him and apologised for it. The loss of funds came to contributors’ notice after
The decentralized exchange (DEX), dYdX, has emerged as a formidable leader, surpassing long-standing frontrunner Uniswap in daily trading volume, as per recent data from CoinMarketCap. This significant achievement comes on the heels of dYdX’s strategic move from the Ethereum blockchain to the Cosmos ecosystem with the launch of its version
The ApeX Bot, a inaugural L2 DEX Telegram (TG) bot focusing on derivatives trading inside a decentralized framework, was released by the leading crypto derivatives DEX, ApeX Protocol, marking a major milestone. Its novel Bot Key solution, created internally by the ApeX team, is its most distinctive feature. Innovative technology acts as a
Tezos Foundation, which promotes development on the Tezos blockchain, is backing its exclusive naming service Tezos Domains with their IDO already live for the Tezos community. TrustSwap launchpad is meant to host the IDO for wider communities on 25th September 2023. The project has announced their Initial Decentralized Offering (IDO)
In order to provide a safe and user-focused trading platform, AllianceBlock has recently unveiled the Nexera Exchange, a creative take on a decentralized exchange featuring a variety of cutting-edge features. Nexera has implemented a cutting-edge on-chain limit order book to the exchange today. The Nexera Exchange is a strategic reaction
Announcing:Orderly Omnichain – The realization of the first step in our vision: a high-speed shared liquidity CLOB trading infrastructure, with liquidity deployed across all leading chains. Now, Perp traders from all major chains will settle orders in one unified order book. You’ll be trading seamlessly with users on different blockchains
A trailblazer in the decentralized exchange (DEX) landscape, is proud to announce the launch of its revolutionary trading platform, setting a new standard in the world of automated market-making (AMM) within the Base ecosystem. SynthSwap, emerging from the creators of ZyberSwap, introduces an innovative concept that redefines liquidity provision. This
In a recent tweet, Changpeng Zhao, also known as CZ and the CEO of Binance, the world’s largest cryptocurrency exchange, issued a cautionary reminder to the crypto community regarding the potential risks associated with certain aspects of the market, the term “Impermanent Loss.” Let’s explore what it means for DeFi
What Is a Centralized Crypto Exchange? A crypto exchange functions as a marketplace where individuals can engage in buying and selling digital assets, such as cryptocurrencies. A centralized cryptocurrency exchange functions as a digital currency trading platform, where a central entity serves as an intermediary between buyers and sellers of
In a significant move forward for blockchain technology, Flare, the leading Layer 1 data-centric blockchain, has joined forces with aiPX, a spinoff of Level Finance. This synergistic partnership aims to launch a groundbreaking decentralized non-custodial perpetual exchange on Flare‘s network. Capitalizing on Flare’s Time Series Oracle (FTSO), aiPX will provide
