Results for "Decentralized exchanges"

On October 15,  2018, South Korean cryptocurrency exchange Bithumb announced they are launching their first official decentralized exchange, dubbed Bithumb DEX. The Korean crypto giant Bithumb is said to leverage OneRoot R1 protocol to increase the overall efficiency of the…

Binance, the digital currency exchange, has hinted at the upcoming launch of its decentralized exchange (DEX). A tweet by Changpeng Zhao, CEO, and founder of Binance, also revealed that Binance Coin (BNB) would be used as native GAS on the…

Cryptocriminals have exploited an enormous security vulnerability on the Newdex decentralized digital assets exchange to steal nearly $58,000 from customers, by creating 1 billion fake EOS tokens, reported The Next Web on September 18, 2018. Bad Actors Exchange Fake EOS…

Altcoin.io, a decentralized cryptocurrency exchange headquartered in San Diego, has raised nearly $1 million through WeFunder in its bid to become the world’s safest platform for exchanging digital value, the company announced in a September 2, 2018, press release. Solving…

Decentralized apps (Dapps) are seen as the next constellation of utility on the blockchain, but currently, many of them are having problems keeping a user base. The lion share of decentralized apps is focused on platforms for cryptocurrency speculators. It…

Litecoin creator Charlie Lee is a hard man to please, so when he endorses a crypto project, people generally sit up and take note. On August 2, 2018, he retweeted a tweet announcing the launch of Sparkswap, a revolutionary new…

On July 30, 2018, Radar Relay, a decentralized exchange that allows users to trade Ethereum tokens, announced the success of their Series A round where they raised $10 million. Fifteen investors participated in the Series A, including Digital Currency Group…

For a market clamored on supporting decentralized frameworks, cryptocurrency exchanges are the digital asset sector’s single point of ideological failure. While decentralized exchanges (DEX) can serve as a fundamental challenge concerning fund storage and liquidity, companies like 0x are swiftly…

China’s largest cryptocurrency exchange Huobi has become the latest crypto trading platform to announce plans to become decentralized. What This Means for Huobi Following a similar announcement from Binance, Huobi announced on June 6, 2018, that it will invest $100…

Decred, an autonomous digital currency, released on June 5, 2018, a proposal for a new type of decentralized exchange. As mentioned in their blog post, “a decentralized exchange (DEX) is a concept that has received increasing attention in the cryptocurrency…

With bitcoin and most cryptocurrencies having witnessed a significant price rise since June 2017, it is clear that more and more investors are entering the digital currency market every day. For reference, the market capitalization of all cryptocurrencies increased from…

In a jolt of bad news for cryptocurrency enthusiasts, several executives from South Korean digital exchanges have been detained for questioning regarding alleged embezzlement of users’ funds. Observers have commented that the allegations come at a particularly bad time for…

A cybersecurity expert believes that hackers may have converted half of the NEM cryptocurrency stolen from Tokyo-based bourse operator Coincheck Inc. into other virtual coins for laundering. Following Dirty Money The primary intent behind converting these coins into other virtual…

Hackathons existed long before the emergence of cryptocurrencies and blockchain technology. They typically were events of varying duration where tech minds gathered around to brainstorm ideas and proffer solutions to nagging issues in their industries. However, like almost everything in…

Blockchain technology and cryptocurrencies were designed to disrupt the business process, creating a new order built on the principle of decentralization. Mainstream business history is consistent with the gradual move towards total centralization and the aggregation of business power by…

  Russia has signaled that it may soon allow cryptocurrency trading over its stock and commodities exchanges. Anatoly Aksakov, who currently serves as the head of the State Duma’s Financial Market Committee, made these remarks on January 22, 2018. He…

Blockchain technology has launched an irreversible process of radical changes  in  economics and finance. New opportunities have emerged for the development and increased efficiency of investment and fundraising. The first examples of implementing these options are ICOs. However, the appropriateness…

There has been a lot of ‘scary’ news from South Korea concerning bitcoin and cryptocurrency regulation in recent weeks. Just yesterday, the South Korean Financial Intelligence Unit and Financial supervisory service said they would jointly inspect the bank accounts of…