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Decentralized exchanges (DEX) are a giant leap in permissionless and transparent trading, and they exist as fantastic alternatives to centralized exchanges.  While DEXs ease the process of listing new ERC-20 tokens and remove the need to pay a central authority high listing fees, they stil have the issue of high gas fees. This is precisely
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Digital asset exchange Dacxi is joining CryptoUK, a self-regulatory trade association for the U.K. cryptocurrency industry. According to an announcement from CryptoUK today, Dacxi will be joining the group as its 8th executive member alongside exchanges Binance.UK, Coinbase, CryptoCompare, Electroneum, eToro, Ripple and Simmons & Simmons. Executive members are responsible for collaborating “to lead the
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The recent alliance of pirate academic library Sci-Hub and a blockchain-based domain name system (DNS) was celebrated by the blockchain community. Now, it’s already over.  Less than two days after registering its domain on Handshake, the distributed network for storing domain names, Sci-Hub founder Alexandra Elbakyan told CoinDesk she discontinued it because of the lack
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A survey reveals that the number of U.S. financial advisors allocating to crypto in their clients’ portfolios surged significantly from 2019. The figures show that it rose 49% in 2020, from 6.3% to 9.4%. A Vast Majority of the Advisors Also Have Personal Crypto Investments According to the San Francisco-based asset management firm Bitwise, 58%
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Polkadot (DOT), the second-largest smart contract protocol in the cryptocurrency market by valuation behind Ethereum, is up nearly 30% in the last 24 hours. Polkadot’s market capitalization has also surpassed $10 billion, solidifying its position as the fifth-biggest crypto asset. There are several major reasons behind DOT’s strong uptrend: strong technical market structure, anticipation of
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Bitcoin miners representing roughly 91% of the network’s hashpower have demonstrated support for Bitcoin’s biggest upgrade in years, Taproot. These activation methods vary the length of time required and whether or not to include a measure that would force the upgrade through full nodes with a “user activated soft fork.” Given miner support, Bitcoin developers
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Israel-based exchange platform eToro is struggling to keep up with the demand from crypto traders according to an email sent to users earlier today. “The unprecedented demand for crypto, coupled with limited liquidity, presents challenges to our ability to support BUY orders over the weekend.” As a result, the platform is warning of “possible limitations
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I believe that technology, when built and scaled right, can have a profoundly positive impact on humanity and improve people’s lives. In leading engineering teams at Amazon for 15 years, I witnessed first hand, customer focused innovations at scale that provided people with core necessities essential to how they live. With the global pandemic, it
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