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Uniswap price rose for five consecutive days as crypto analysts predicted further upside potential. The Uniswap (UNI) token reached $12.37 on Monday, Nov. 25, marking its highest level since April 1. This represents a gain of over 150% from its…
UNI
Uniswap
News
Solana has surpassed the $100 billion threshold for monthly decentralized exchange trading volume for the first time in crypto history. Throughout November 2024, Solana(SOL) DEX volume reached $109.73 billion, surpassing other major cryptocurrency chains like Base (BASE), Ethereum(ETH) and BSC(BNB).…
SOL
Solana
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Liquidity on DEX is in the hands of a few large providers, which reduces the degree of democratization of access to the DeFi market. Liquidity on decentralized exchanges is concentrated among a few large providers, reducing the democratization of access…
News
The dYdX Foundation has announced that the community has approved a key proposal to implement a revenue-sharing mechanism. The proposal, passed on Nov. 15, allocates 50% of protocol revenue to the MegaVault and 10% to the Treasury SubDAO. According to…
ETHDYDX
dYdX
Markets
Sui price maintained its strong bull run, helped by strong network fundamentals, hype, and technicals. Sui (SUI) token soared to a record high of $3.3347, up by over 608% from its lowest level in August, making it one of the…
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Eastern Europe sees growth in crypto usage as institutional and grassroots adoption rise in Ukraine and Russia, fueled by large transactions and retail use amid regional instability. Crypto adoption is accelerating across Eastern Europe, led by robust institutional and grassroots…
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Decentralized exchange Uniswap has launched in-app, permissionless cross-chain bridging for its users, with service available across nine blockchain networks. On Oct. 23, the Uniswap (UNI) team announced that its permissionless cross-chain bridge was now live, bringing the DEX protocol closer…
Markets
Raydium, the largest decentralized exchange on the Solana blockchain, is firing on all cylinders as its token and volume rise. Raydium (RAY) token rose for six consecutive days, reaching its highest point since July 21. It is up 115% from…
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Ethena has broken out of a rare bullish pattern on the one-day charts and could see gains of over 65% from the current price. Over the last seven days, Ethena (ENA) — best known for the USDe stablecoin — rose…
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DeFi platform Ambient Finance regained control of its website after hackers commandeered its domain. Ambient Finance became the latest decentralized finance protocol to face a series of front-end attacks launched by unknown cybercriminals. On Oct. 17, Ambient notified its decentralized…
News
Analysts at blockchain security firm Blockaid say the front-end of Ambient Finance has allegedly been targeted by hackers. Ambient Finance (formerly CrocSwap), a decentralized cryptocurrency exchange backed by Circle Ventures and Jane Street, has seemingly suffered a front-end hacker attack,…
News
Ripple led a $25 million funding round for Bitnomial, a digital assets derivatives exchange and brokerage platform based and regulated in the United States. Bitnomial announced on Oct. 15 that Ripple, the company behind XRP (XRP), led the funding round.…
XRP
XRP
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Founder of DeFi Report, Michael Nadeau, concluded that Uniswap’s upcoming layer 2 solution, Unichain, could bring in more value for Uniswap Labs and its token holders. In an Oct. 14 X post, Michael Nadeau, the founder of DeFi Report, stated…
UNI
Uniswap
News
Decentralized exchange Uniswap has entered the layer-2 solution landscape with its new initiative to “accelerate Ethereum’s scaling roadmap.” Uniswap, one of the largest decentralized exchanges by trading volume, has unveiled Unichain, a new open-source Ethereum-based layer-2 network designed to enhance…
UNI
Uniswap
News
Antonio Juliano has returned as CEO of dYdX, six months after stepping down, emphasizing the need for founder-led leadership. DYdX founder Antonio Juliano has resumed his role as chief executive officer of the decentralized exchange after a six-month hiatus, citing…
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Both Dogecoin and Shiba Inu have emerged as major players in the meme coin world. Their light-hearted branding has proven popular in the market, catapulting them to success. While they may seem similar on the surface, these two coins have…
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