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
Since the collapse of FTX in late 2022, there has been an exodus of cryptocurrency users and traders from centralized exchanges to decentralized exchanges (DEXs). The recent crackdown on centralized exchanges by regulators has also fueled a growing interest in DEXs. These factors have contributed to making DEXs great investment
I asked Microsoft’s new AI – Bing, to think about Shiba Inu and give me a price prediction. Meanwhile, a project currently in presale, Tradecurve.io, is soaring, due to investors being bullish about the hybrid trading model built on the blockchain, that will allow people to get the best of
Terra Classic (LUNC) DeFi platform, Terraport launched after several months of anticipation. The platform is built by the TerraCVitta development group. Terra classic offers LUNC-based Decentralised Exchange (DEX) and a launchpad for Terra Classic Ecosystem. Terraport announced the launch of Terra Classic on its Twitter page on March 31. The
The CEO of the most widely prominent decentralized platform, Sushiswap, Jared Grey has announced various awaited platform changes as well as a protocol 2023 roadmap. Sushi will become the market-leading DEX, with a focus on the user experience. Sushi’s CEO stated that a decentralized exchange (DEX) aggregator would be released
As a result of pooling liquidity from several DEXs, aggregators may provide their consumers with more advantageous token exchange rates than any single DEX could provide. When executed properly, DEX aggregators may optimize slippage, swap fees, and token prices, providing customers with a more favorable exchange rate. OpenOcean, a DEX
Every then and there, occurs an incident, either a hack or an attack upon the crypto industry. The worst affected are always the exchanges, notably. In such terms, Raydium, the best functioning Decentralized Exchange (DEX) upon the Solana (SOL) blockchain was hacked on December 16th, 2022. The hack took place
It’s safe to say the crypto world has come a long way since Bitcoin was the only player in town.These days, there are thousands of digital assets to choose from, made available across hundreds of different exchanges. On top of this, all of these coins, tokens, and protocols are built
