Tag: DEX

80% of UNI holders voted to support the deployment of the Uniswap protocol’s v3 to BNB Chain, while the remaining voters voted against the move. A “temperature check” proposal to deploy the Uniswap v3 protocol to BNB Chain received overwhelming support from the Uniswap community on its governance forum. 80% of voters holding Uniswap’s UNI governance token have…

Find Satoshi Lab, the company behind the move-to-earn application STEPN, is releasing membership-based, multi-chain NFT marketplace MOOAR, aiming to establish a self-sustaining ecosystem for its product lineup. MOOAR users will be able to purchase the sneakers necessary to use STEPN (which currently trade on Magic Eden at a floor price of 0.98 SOL, or about…

The crypto industry can provide novel opportunities to generate value, but some of those avenues can’t all be found in traditional finance, writes Tongtong Gong on CoinDesk. Crypto is a $900 billion global market that institutional investors are sizing up. Despite the inherent risks involved in participating in any nascent sphere, institutional financial players are…

Month-over-month trading volumes on crypto exchanges increased 16% from August to September. It was the first significant increase in exchange trading volume since April this year.  According to The Block’s Data Dashboard, September’s exchange trading volumes saw the first notable jump since this May. The volume jumped to $733 billion, or a 16% month-over-month increase….

Top investment deals across the crypto sector over the last week (Sept. 24–30, 2022): Deribit raises $40 million from existing investors at a $400 million valuation Deribit, the largest Bitcoin options exchange by market share, has raised funds from existing investors at a $400 million valuation, The Block reported. The Panama-based exchange raised around $40…

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…