Let's cut to the chase. Bybit, after apparently already taking a $1.4 BILLION bruising, is today launching a DEX named Byreal. A decentralized exchange. Coming from a company that recently folded its DEX Pro. Ah, but the irony is thicker than an unbacked hot wallet. Is this truly a phoenix...
Bybit is about to introduce Byreal, its own new on-chain DEX powered by the Solana blockchain. This launch represents a significant strategic change for Bybit. The news follows the company’s announcement last week of a record $1.4 billion loss due to a recent hack. Byreal is set to launch at...
Ethereum recently took a big lead over Solana in daily fees. It has more recently seized the initiative in decentralized exchange (DEX) activity, representing a watershed moment in the competitive balance of the cryptocurrency market. This resurgence highlights Ethereum's resilience despite facing scalability and transaction cost challenges that had previously...
Ethereum, against the odds, is in the midst of a massive resurgence, reclaiming and solidifying its dominance in the blockchain space. Three interrelated reasons explain this revival, and the accompanying demand. These factors comprise a new institutional interest, much improved network infrastructure, and an explosive development of Layer-2 solutions. ThrowingToken.com...
Coinbase’s move to bring DEXs into its fold is a watershed moment in the rapidly evolving cryptocurrency world. This move has the potential to revolutionize how users interact with digital assets, offering both exciting opportunities and considerable challenges. Li Wei, a blockchain content strategist, examines the strategic implications of this...
First, Coinbase is bringing decentralized crypto exchanges (DEXs) into its mobile app. This improvement will provide users with access to a significantly expanded catalog of digital goods. This dramatic shift opens the door for mainstream investors to trade almost any crypto asset. It addresses the biggest drawback with Coinbase’s existing...
Coinbase integrating DEXs into their mobile app? Sounds revolutionary, right? Hold on a second. Having “every asset onchain” to interoperate with, that’s a juicy opening line. The shift nevertheless appears less the result of a logical strategic progression than a last-ditch forward-looking roll of the dice. Are they really going...
Coinbase is opening the floodgates. By integrating DEXs directly into their app, providing access to every crypto asset under the sun. It's a seismic shift, especially for Africa. Consider the outdated, tortuously slow, bureaucratic pace of traditional finance, and let’s say it, even Coinbase’s own so-called “rigorous” CEX listing process....
Kana Labs has deployed Kana Perps on Aptos mainnet on June 11. Kana Perps is the first fully on-chain, CLOB-based perpetual exchange (DEX) on the Aptos network. The platform offers fast, frictionless trading.Kana Perps leverages Econia’s on-chain infrastructure and order book/matching engine for its continuous liquidity model seen on centralized...
DeFi, short for Decentralized Finance, is still one of the hottest trends in crypto enabling new financial alternatives to everything from saving to insurance. Of all the sectors in DeFi, Decentralized Exchanges (DEXs) and Lending protocols are the most important sectors of DeFi. Right now, DeFi lending protocols maintain a...