Vitalik Buterin offers lessons for crypto in wake of the FTX collapse
Ethereum co-founder Vitalik Buterin said the collapse of FTX has illustrated once again that the problem lies in people, not technology. Go to Source Powered by WPeMatico
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Bitcoin price may still drop 40% after FTX ‘Lehman moment’ — analysis
BTC price targets now include $12,000, with Ethereum potentially falling to $800 for the pit of the bear market. Go to Source Powered by WPeMatico
Binance CEO Changpeng Zhao Believes Decentralization Is Part of a ‘Gradient Scale’
Changpeng Zhao, founder and CEO of Binance, the biggest cryptocurrency exchange by volumes traded, pondered the importance of decentralization and the relation it has with security and freedom. Zhao stated that there are several aspects of decentralization and that this is part of a gradient scale, explaining the different ways in which even Bitcoin can … Read more
Unizen ‘CeDeFi’ smart exchange secures $200M investment from GEM
The alternative investment group is banking on the “CeDeFi exchange” to shape the “future of finance” with a commitment that will bolster Unizen’s ecosystem. Go to Source Powered by WPeMatico
Uniswap breaks $1T in volume — but has only been used by 3.9M addresses
Uniswap has hit two major milestones this month, with the DEX topping $1 trillion in volume and hitting around 3.9 million cumulative users this month. Go to Source Powered by WPeMatico
Leading centralized exchanges extend market share in 2022
The “top-tier” exchanges as ranked in a report by CryptoCompare increased their market share to 96% in February 2022. Go to Source Powered by WPeMatico
Automated order books eliminate DeFi costs and match CEX capability
DeFi may eliminate the middleman, but this was often at the expense of costly transactions and reduced functionality. Go to Source Powered by WPeMatico
DEXs could see demand boost as regulators target centralized exchanges
From indictments against figures behind BitMEX to banks blocking transactions, and then Binance, some CEXs are under pressure. Is this an industry-wide phenomenon? Go to Source Powered by WPeMatico
Analysts Discuss Bitcoin Over-the-Counter Desks Bubbling With BTC Demand
Digital currency markets have been gathering gains again moving past the lows seen a few weeks ago. This week crypto traders have been discussing over-the-counter (OTC) desks bubbling with demand for bitcoin as the co-founder of 21st Paradigm explained, “high net worth individuals [and] institutions want your bitcoin.” Analyst Says Big Market Players ‘Want Your … Read more
Unique Addresses Tethered to Ethereum Defi Apps Climb Past 3 Million
The number of users or unique addresses leveraging decentralized finance (defi) protocols via Ethereum has risen past 3 million according to recent statistics. A vast majority of these unique addresses use the defi protocol Uniswap, as 2.4 million users have been recorded since December 2018. Ethereum Defi Applications See Unique Addresses Surpass 3 Million According … Read more
