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What is a DEX?

What is a DEX?

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A decentralized exchange (DEX) is a platform that allows users to trade cryptocurrencies without the need for intermediaries, such as a central authority or third party. These exchanges are built on blockchain technology and give their users a safer and more open place to trade.  A DEX is a peer-to-peer marketplace where transactions occur directly between crypto traders. It lets people do financial transactions without having to deal...

Blockchain, Cryptocurrencies, DEX, Exchanges, Featured, Glossary

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Crypto Market – March 3, 2023

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Bitcoin, Ethereum, and other cryptocurrencies have declined during the last twenty-four hours owing to US manufacturing data and persistent worries over the banking access of crypto firms. The aftermath of Silvergate also hindered expansion. $22,300 is the lowest Bitcoin price in the last two weeks. Bitcoin has a 24-hour volume of $26,182,758,866 USD and is trading at $22,349.28 USD at the moment of writing. Overnight, Bitcoin lost 4.35 percent,...

$AVAX, $BNB, $DOGE, $SOL, $XRP, Bitcoin, Cardano, COSMOS, Crypto market, Cryptocurrencies, Ethereum, Polygon, Stablecoins

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Crypto Today: Bitcoin Holds Strong

Crypto Today: Bitcoin Holds Strong; Mining Industry Recovering; Ethereum Follows Suit

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Bitcoin Holds Strong  Even though 2022 was full of scandals and Sam Bankman-Fried’s FTX exchange failed, Bitcoin hasn’t changed much. The latest blow to the crypto space “does not seem to have a huge impact on crypto prices,” according to Julius de Kempenaer, senior technical analyst at StockCharts.com. Bitcoin is currently trading at around $23,400 and held strong above $23,500 after a volatile trading session. This is impressive...

Bitcoin, Blockchain, Cryptocurrencies, Ethereum, FTX, Silvergate

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Silvergate Bank - crypto

Silvergate Bank’s crisis affects several crypto platforms

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In Brief: Silvergate Bank warned that it may not be able to continue as a going concern due to its losses from the FTX exchange’s default. Several crypto platforms, including Coinbase, Paxos, Crypto.com and Galaxy Digital, have suspended their operations with Silvergate Bank as a precautionary measure. The bank’s share price plummeted by nearly 50% on Thursday, raising doubts about its survival and reputation in the crypto space. The...

Bankruptcy, Crypto regulation, Front page, FTX, Main

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Blur vs OpenSea

Blur Overtakes Opensea in NFT Marketplace

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In recent months, there has been a buzz in the NFT world about the emergence of Blur, a new NFT marketplace that is challenging the dominance of Opensea. According to an article on Ambcrypto, “Blur has overtaken Opensea in six months, with daily trading volumes reaching up to $50 million, compared to Opensea’s $35 million”. The success of Blur can be attributed to several factors. One key factor is its unique approach to user...

$BLUR, Cryptocurrencies, Front page, Main, NFTs, OpenSea

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