Decentralized Exchange

VanEck Predicts $4,000,000,000,000 Explosion in DeFi Volumes for 2025 – Here’s Why

December 15, 2024 The Daily Hodl

VanEck Predicts ,000,000,000,000 Explosion in DeFi Volumes for 2025 – Here’s Why

Altcoins

Asset management giant VanEck is predicting a large surge in decentralized finance (DeFi) trading volumes next year. In a new report detailing its predictions for 2025, VanEck analysts say decentralized exchange (DEX) volumes will capture a fifth of centralized exchange (CEX) spot trading volumes. “Despite record-high decentralized exchange (DEX) trading volumes, both in absolute terms […]

The post VanEck Predicts $4,000,000,000,000 Explosion in DeFi Volumes for 2025 – Here’s Why appeared first on The Daily Hodl.

Despite Bitcoin’s 10% Drop, Over M in Old Coins Find New Homes

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Velodrome Finance (VELO) Takes Off Following Surprise Binance Listing

December 13, 2024 The Daily Hodl

Altcoins

Decentralized finance (DeFi) altcoin Velodrome Finance (VELO) is skyrocketing following a new listing from the world’s largest crypto exchange by trading volume. Earlier today, Binance announced the addition of VELO to the crypto exchange. “Binance is excited to announce that Velodrome Finance (VELODROME) will be added to Binance Simple Earn, ‘Buy Crypto’, Binance Convert, Binance […]

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Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

PancakeSwap launches Telegram Swap Bot for crypto trading access

November 14, 2024 Coin Telegraph

BNB Chain

PancakeSwap’s new Telegram bot lets users trade over 3,000 tokens from the app, highlighting DeFi’s growing accessibility.

PancakeSwap, one of the largest decentralized exchanges (DEXs) on the BNB Chain, has introduced a Telegram bot that enables users to trade cryptocurrencies directly from the messaging app.

The bot currently supports trading for over 3,000 tokens, making decentralized finance (DeFi) transactions potentially more accessible to a wider audience familiar with Telegram.

The Telegram Swap Bot will enable users to trade tokens on PancakeSwap v2, v3 and stableswap on the BNB Chain.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

WazirX plans on launching a decentralized exchange

November 6, 2024 Coin Telegraph

Centralized Exchange

WazirX founder Nischal Shetty also announced the upcoming introduction of staking services to the centralized cryptocurrency exchange.

Nischal Shetty, the founder of the popular Indian crypto exchange WazirX, announced the company is expanding operations and exploring building a separate decentralized exchange (DEX) that will operate alongside the company's current centralized service.

According to Shetty, the decision to launch a DEX is a response to the July 2024 WazirX hack — which drained the exchange of approximately $235 million in user funds — and should help eliminate the counter-party risk inherent in centralized platforms. The WazirX founder asserted:

The WazirX founder also revealed plans to launch a corresponding DEX token to pay for fees on the platform and provide an instrument for governance.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Uniswap Launches New Bridge Connecting DEX to Base, World Chain, Arbitrum and Others

October 23, 2024 The Daily Hodl

Across Protocol

Decentralized exchange (DEX) Uniswap (UNI) is launching a new bridge that will allow users to access other blockchains outside of Ethereum (ETH). In a new blog post, Uniswap Labs says that it’s launching the bridge in collaboration with Across Protocol (ACX), allowing users to swap crypto assets between nine different blockchains directly from the Uniswap […]

The post Uniswap Launches New Bridge Connecting DEX to Base, World Chain, Arbitrum and Others appeared first on The Daily Hodl.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

U.S. SEC Settles With Solana-Based DEX Mango Markets for Nearly $700,000 Over Alleged Securities Violations

September 28, 2024 The Daily Hodl

U.S. SEC Settles With Solana-Based DEX Mango Markets for Nearly 0,000 Over Alleged Securities Violations

Altcoins

The U.S. Securities and Exchange Commission (SEC) has agreed to a settlement with the Solana (SOL)-based decentralized exchange (DEX) Mango Markets over alleged regulatory violations. The SEC alleges that the DEX’s decentralized autonomous organization (DAO) skirted registration provisions and deprived investors of critical protections. The regulator says Mango DAO raised more than $70 million from […]

The post U.S. SEC Settles With Solana-Based DEX Mango Markets for Nearly $700,000 Over Alleged Securities Violations appeared first on The Daily Hodl.

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Phantom Wallet Joins Dydx, Easing Access for 7 Million Users

September 26, 2024 Bitcoin.com

bitcoin.com

Dydx has announced its integration of the Phantom Wallet, a leading Solana-based non-custodial wallet, into its decentralized finance (defi) platform. This integration aims to simplify access for over 7 million Phantom users, aligning with Dydx’s goal to broaden participation in decentralized trading. Phantom Wallet Is Now on Dydx, Enhancing User Access The new integration allows […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks

September 13, 2024 Bitcoin.com

BASE

Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange, […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Ethereum Fees Plummet—Etherscan Adds Decimals to Keep Up With Gas Drop

August 19, 2024 Bitcoin.com

Bitcoin

Over the past few months, both Bitcoin and Ethereum users have noticed a noticeable drop in transaction fees. Ethereum’s network transfer fees, in particular, have fallen to such low levels that Etherscan, a leading Ethereum block explorer, has recently added decimal points to its gas tracker after fees dipped below 1 qwei. Etherscan’s New Decimal […]

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Dydx Introduces Major Chain Upgrade With New Features

August 14, 2024 Bitcoin.com

bitcoin.com

Decentralized exchange Dydx has announced a significant upgrade to its chain, introducing new features designed to enhance market liquidity and security. The update, set for release this autumn, marks the largest change to the Dydx Chain since its launch. Dydx Introduces Permissionless Market Listings and Megavault in Upcoming Chain Overhaul According to the announcement, the […]

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