What will drive crypto’s likely 2024 bull run?

    Easing monetary policies, the decline of inflation, the change in Bitcoin’s mining difficulty, and growing confidence in DeFi are factors that point to a renewed surge for crypto prices, writes Cronos managing director Ken Timsit on Cointelegraph. Decentralized finance (DeFi) has seen tremendous growth since its inception, expanding by more than 1,200% in 2021 in…

    SushiSwap launches crosschain DEX across seven major chains

    On July 21, SushiSwap launched its crosschain DEX (decentralized exchange) XSwap. The protocol called the new feature the “first-ever” automated market maker (AMM) exchange enabling cross-chain swaps. SushiSwap (SUSHI) is trying to reverse its declining market share by enabling cross-chain swaps across seven major blockchains. According to an official blog post, XSwap allows traders to…

    DeFi is reshaping the financial markets in the Gulf countries

    Decentralized exchanges, one of the largest contributors to DeFi growth, reported more than $1 trillion in trade volume over the last year. Many DeFi projects look towards the Gulf countries as a decentralized finance hub. One of the biggest contributors to the recent exponential growth of the crypto market was the decentralized finance (DeFi) sector,…

    DEX: big things to come

    Decentralized crypto exchanges received a powerful impetus for development amid the crackdown on cryptocurrencies in China and the overall growth of the DeFi sector. Now the main goal for them is to survive the increased attention from hackers and government regulators. Which of those is worse remains to be seen. In the wake of the…