Kenya Based Technology Firm Switches to Pancakeswap, Cites High Gas Fees on Uniswap

In its bid to help users avoid high gas fees on Uniswap, a Kenya-based fintech firm, UTU, recently launched a liquidity pool on the decentralized exchange (dex), Pancakeswap. This launch enables prospective UTU coin buyers to acquire the token “with low fees and fast confirmation times.” In a statement posted on the firm’s blog, UTU, … Read more

xSigma DEX Launch: More Than $100M in Liquidity Pooled on First Day

PRESS RELEASE. xSigma, a decentralized exchange for stablecoin swaps, has successfully launched on the Ethereum network on February 24, 2021. The integrated DEX and liquidity mining platform xSigma, which is backed by a NASDAQ-listed company, has seen great interest in its stablecoin liquidity pools which enable assets to be swapped seamlessly and with minimal slippage. … Read more

Q3 Crypto Volumes up by $155 Billion as Defi Hype Drives DEX Growth by 197%

The latest data from Coingecko shows that the combined trading volumes of cryptocurrency exchanges went up by $155 billion between July and September, from $175.7 billion to $330.6 billion. The new total volume represents a 88% increase which Coingecko attributes to the decentralized finance (defi) hype and yield farming frenzy that peaked in August. In … Read more

Defi Trader Pockets $250k From Bug Exploit, Hints at Possible Exit Scam by $SYFI Devs

An anonymous Defi trader says he gained almost $250 000 after inadvertently exploiting a rebase bug embedded in the $SYFI Defi token. The trader, who insists he had no prior knowledge about the bug, got this reward after staking an initial investment of 0.5 ETH or about $175 at current prices. In a long Twitter … Read more

Yield Farming Pool Concept May Solidify Ethereum’s Role as BTC’s Main Sidechain

Decentralized finance (defi) applications on the Ethereum chain have been growing wildly during the last two years. Now a number of synthetic versions of bitcoin, that leverage the Ethereum chain, has outpaced offchain solutions like Blockstream’s Liquid and the Lightning Network. Just recently, the platform Synthetix revealed a partnership with Bitgo and the Ren Project … Read more

PR: trade.io Turns up the Heat With Massive Airdrop – Attractive Trading Competition

CALLING ALL TRADERS! Think you’re good at trading… Well, it’s time to put your skills to the test. Hong Kong – Cryptocurrency exchange, trade.io, continues to make waves in the crypto space as it is set to launch a series of exciting trading competitions to add to their line-up of innovative products and services. The … Read more

PR: Promising ICOs and How to Spot Them – ICOtoInvest.com

2017 Initial Coin Offerings The ICO market has exploded in 2017. Once a relatively unknown funding method, the total number of ICOs in the first half of 2017 surpasses the whole number of funds raised in 2016. The post PR: Promising ICOs and How to Spot Them – ICOtoInvest.com appeared first on Bitcoin News. Go … Read more