Decentralized

Decentralized exchanges saw over $1 trillion in trading volume this year

Decentralized exchanges saw over $1 trillion in trading volume this year

advertisement Decentralized exchanges (DEXs) reported more than $1 trillion in trading volumes in the year 2021, according to The Block Research. That figure is a massive 858% increase compared to 2020 DEX trading volumes, based on data as of December 23. Last year, DEXs facilitated over $115 billion in trading volumes. Overall, monthly DEX trading …

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Decentralized exchanges near $100 billion in monthly volume for November

Decentralized exchanges near $100 billion in monthly volume for November

advertisement Monthly data for decentralized exchanges (DEXs) indicates that the ecosystem has seen nearly $100 billion in volume for the month of November. According to The Block’s Data Dashboard, the total for November is approximately $99.5 billion as of November 28. Monthly volumes have climbed since hitting a low for the year of $56.35 billion …

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GridZoneDAO: The decentralized Metaverse - AMBCrypto

GridZoneDAO: The decentralized Metaverse – AMBCrypto

GridZoneDAO is a next-generation Metaverse on the Ethereum-Blockchain with a focus on high-quality artworks and experiences. The user can participate in an interactive 3D VR world, connect with others and create a decentralized economy.  DAO stands for ‘Decentralized Autonomous Organisation’. It is basically a digital company. It follows procedural rules embedded in code. DAO members …

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Square is considering building Bitcoin miners, says CEO Jack Dorsey

Square unveils white paper for decentralized protocol that lets you exchange bitcoin, fiat and more

Square’s secretive TBD project, which earlier this year was framed by founder Jack Dorsey as “a decentralized exchange for Bitcoin,” has debuted a new white paper. The 18-page document sketches out the design principles and ambitions for the project, which it describes as “a protocol for discovering liquidity and exchanging assets (such as bitcoin, fiat …

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Newland: A one-stop decentralized ecological platform

Newland: A one-stop decentralized ecological platform

As multiple government entities and agencies across the world begin to question the legitimacy of virtual assets and even suppress cryptocurrency trading in some regions, investors have become increasingly anxious about the use of centralized exchanges. At the same time, the rapid development of blockchain technology has accelerated the growth of the decentralized finance (DeFi) …

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CFTC conducting probe of decentralized prediction platform Polymarket: report

CFTC conducting probe of decentralized prediction platform Polymarket: report

advertisement The Commodity Futures Exchange Commission is said to be investigating Polymarket, the decentralized prediction market, according to Bloomberg sources. The news service said that that the derivatives regulator is “investigating whether Polymarket is letting customers improperly trade swaps or binary options and if it should be registered with the agency.” “Polymarket is firmly committed …

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Decentralized Storage for AI Data Brought to Life by Epik Protocol — CoinDesk

Decentralized Storage for AI Data Brought to Life by Epik Protocol — CoinDesk

Through the integration of IPFS storage technology, a token incentive mechanism and DAO governance model, EpiK Protocol creates a global, open, autonomous community with four core capabilities of trusted storage, trusted incentives, trusted governance and trusted finance. It allows global community users to work together at an extremely low management cost, continuously producing high-quality AI …

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Decentralized exchanges saw $56 billion in monthly volumes for July

Decentralized exchanges saw $56 billion in monthly volumes for July

advertisement Decentralized exchanges saw $56.47 billion in volume during the month of July, representing another monthly decline. According to The Block’s Data Dashboard, 65% of the monthly volume figure was derived from Uniswap v2 and v3 — $10.6 billion and $26.57 billion, respectively. SushiSwap and Curve posted $6.07 billion and $5.13 billion in monthly volumes, …

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January’s decentralized exchange volumes are on track to reach record highs

January’s decentralized exchange volumes are on track to reach record highs

This month’s decentralized exchange (DEX) volumes are set to break September 2020’s record highs. According to data compiled by The Block, current DEX volumes for January 2021 are $26.01 billion with 15 days remaining for the month. In September, DEX volumes reached $26.6 billion fueled by DeFi Summer.    Uniswap currently makes up 44.85% of …

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Decentralized ID

Self Sovereign Identities: Towards Blockchain-Based Decentralized IDs

Blockchain technology can disrupt multiple sectors. One of those areas which are ready for disruption has to be “identity.” Even though several steps have been taken to improve the identity industry, Blockchain technology can disrupt multiple sectors. One of those areas which are ready for disruption has to be “identity.” Even though several steps have …

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