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” DEX token GMX rallies 35% after beating Uniswap on trading fees for the first time “ Own this piece of crypto history If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go…
” Telegram founder wants to build new decentralized tools to combat power abuse “ Telegram is set to build a set of decentralized tools, including noncustodial wallets and decentralized exchanges, according to founder Pavel Durov via his Telegram channel on Nov. 30. The initiative is a response to the recent FTX collapse, said Durov, as the…
” After FTX: Defi can go mainstream if it overcomes its flaws “ The collapse of the now-bankrupt cryptocurrency exchange FTX has raised many concerns over unregulated centralized platforms. Investors are now coming to question how safe it is to keep one’s funds on these exchanges and have voiced grave concerns about centralized decision-making without…
” Sustainability: What do DAOs need to succeed in the long run? “ The rising popularity of decentralized autonomous organizations (DAO) reflects the growing tendency toward the creation of community-focused projects within the Web3 ecosystem. At its core, a DAO is an organizational structure that allows decentralized decision-making within a community. Currently, there are over…
” 1inch releases new tool to protect traders against ‘sandwich attacks’ “ Exchange aggregator 1inch released a new tool called “Rabbithole” on Nov. 25, which the company says will protect traders against malicious “sandwich attacks.” The team announced the launch of the tool in a press release that has been made available to Cointelegraph. Rabbithole…
” Crypto has survived worse than the fall of FTX: Chainalysis “ Blockchain analysis firm Chainalysis has compared the fall of Mt. Gox to FTX to determine how FTX’s bankruptcy will impact the ecosystem. It concluded that FTX was a relatively smaller part of the crypto industry than Mt. Gox was at the time and…
” Uniswap’s new privacy policy sees backlash from decentralization buffs “ Decentralized exchange (DEX) Uniswap’s recently updated privacy policy appears to have attracted the ire of some members of the community, with concerns that collecting and storing user data works against crypto’s core values. In recent responses to a November blog post regarding its updated privacy…
” FTX showed the value of rejecting gatekeepers in favor of DeFi “ The rapid implosion of FTX has led general investors and crypto believers alike to question the validity of crypto and, indeed, predict its end. But, an understanding of history points not to crypto’s demise but rather a move toward new technology and…
” Serum price soars 140% in one week amid FTX ‘exit pump’ fears “ Serum, a “decentralized exchange” on the Solana blockchain, has performed exceptionally well in terms of its SRM token price, despite it ties to the defunct FTX exchange. SRM price up 140% in one week On the daily chart, the SRM/USD pair…
” FTX funds on the move as thief converts thousands of ETH into Bitcoin “ According to blockchain analysis company Chainalysis, funds stolen from the FTX crypto exchange are now being converted from ETH into Bitcoin. On Nov. 20, Chainalysis took to Twitter to encourage exchanges to freeze these coins, should the thief attempt to…