$111,338.00
0.72%$2,710.46
4.45%$2.47
2.61%$689.33
1.10%$183.89
5.49%$0.999802
-0.00%$0.251389
4.55%$0.825621
5.59%$0.274316
1.77%$2,708.49
4.46%$111,307.00
0.99%$3.90
-2.19%$35.31
17.80%$3,273.77
4.87%$17.01
4.55%$25.69
9.26%$0.309715
4.43%$0.00001585
5.26%$451.68
7.77%$0.208131
4.67%$8.89
-0.08%$3.21
2.83%$102.13
4.03%$5.08
5.66%$2,715.11
4.77%$385.45
-1.76%$0.999616
-0.02%$0.00001588
14.18%$5.64
6.24%$2,900.48
4.80%$0.999921
0.08%$0.817636
-3.78%$1.002
0.08%$111,263.00
0.66%$31.74
5.33%$470.55
2.33%$6.67
5.16%$260.72
3.34%$3.13
7.85%$5.85
9.85%$221.19
5.50%$1.045
5.44%$53.21
0.18%$0.119155
6.63%$5.80
6.89%$20.04
3.72%$0.101319
2.75%$1.00
0.00%$14.51
0.00%$36.01
-0.09%$5.28
8.83%$0.03123199
5.29%$21.95
0.61%$0.767787
3.45%$0.441336
8.94%$1.17
-0.03%$5.31
5.42%$1.57
28.27%$0.900786
10.07%$0.255723
3.33%$1.052
0.01%$1.001
0.12%$0.439304
5.31%$111,470.00
0.82%$0.245747
5.19%$3.14
5.08%$2.94
9.11%$4.40
-0.39%$0.00002388
13.67%$0.618185
17.72%$0.537707
3.74%$4.75
2.54%$2,706.13
4.59%$1.60
8.86%$1.00
0.23%$194.13
6.19%$1.019
6.21%$2,816.43
4.05%$11.56
1.62%$99.21
0.77%$0.834379
10.23%$14.39
13.08%$2.14
7.19%$0.730358
5.88%$4.78
6.40%$0.250733
7.39%$1.33
16.60%$1.29
0.80%$0.01965703
2.22%$3,089.42
4.94%$0.124633
7.30%$0.778444
2.74%$1.00
0.02%$0.072993
0.61%$0.84908
11.99%$1,797.41
1.60%$0.00011636
11.68%$111,097.00
0.85%$3.51
5.84%$0.996895
7.55%$238.09
5.55%$2,892.79
4.68%$0.02172397
6.64%$0.01973585
5.75%$204.06
5.45%$0.01475025
8.65%$111,712.00
1.57%$0.999638
0.15%$0.994261
6.80%$2,844.56
4.58%$0.99941
-0.01%$0.234789
1.83%$111,511.00
-0.42%$689.24
1.25%$0.851957
-1.42%$0.14751
9.15%$0.345548
6.67%$0.902047
1.87%$2,838.31
4.72%$1.00
0.00%$0.083658
14.25%$2.54
5.45%$3,302.86
-1.06%$50.24
17.60%$24.18
4.30%$3,306.37
-1.11%$39.74
0.48%$4.26
5.09%$0.587625
-9.48%$4.68
4.76%$2.16
8.79%$0.00000077
3.39%$2.20
7.04%$0.124058
3.23%$12.61
-0.55%$110,356.00
0.72%$0.443611
5.19%$0.670408
4.45%$2.42
-5.36%$0.01981587
-4.03%$0.999445
-0.03%$0.347968
6.22%$0.251689
5.17%$0.997863
0.05%$2.05
-0.43%$111.15
0.01%$1.10
-0.49%$2,712.65
4.71%$2,712.14
4.85%$0.701419
5.68%$0.71558
3.26%$0.584798
12.88%$20.19
5.52%$0.00000146
21.69%$0.00987788
6.40%$0.181435
12.70%$0.563053
6.65%$0.479919
3.42%$0.720993
5.67%$111,227.00
0.76%$2,787.55
4.57%$2,890.24
4.66%$0.00547918
22.62%$8.17
4.69%$2,715.69
4.57%$3.20
5.55%$2.12
0.24%$0.110685
9.69%$111,388.00
1.11%$0.100021
4.06%$0.198357
7.65%$7.16
5.95%$0.200857
-0.11%$1.65
6.50%$0.99826
-0.12%$0.00534284
4.63%$0.749273
4.23%$0.448874
3.69%$108,692.00
0.64%$0.00002439
2.27%$1.74
13.47%$1.73
3.90%$0.051699
-0.51%$0.04782996
4.55%$1.41
3.75%$0.999799
-0.00%$0.00858936
8.76%$0.062841
-1.85%$0.171073
3.68%$0.00000045
1.78%$2,722.15
5.07%$0.181254
4.26%$35.29
18.46%$1.10
-0.05%$38.43
2.74%$0.435514
5.15%$0.00470703
30.49%$0.387125
13.64%$0.0059917
7.12%$45.75
4.03%$0.911952
6.06%$0.00485712
2.94%$1.088
0.01%$3.37
6.29%$0.993953
-0.50%$0.401681
11.88%$112,181.00
1.53%$2,863.82
4.16%$0.998968
-0.22%$0.353954
9.74%$0.255322
3.21%$35.27
18.18%$0.03859778
1.60%$0.01981946
3.00%$0.999424
-0.00%$143.17
3.16%$0.396683
3.53%$2,986.39
4.78%$0.00006746
4.69%$0.88326
3.80%$111,234.00
0.79%$2,959.47
4.79%$1.00
-0.05%$25.49
8.46%$2,702.65
4.21%$0.245041
5.04%$0.58645
14.26%$0.00000167
0.69%$0.2749
7.33%$20.47
6.97%$3.01
8.12%$2,715.76
5.64%$0.73235
4.33%$0.00077367
0.47%$2,918.05
4.26%$1.001
0.29%$0.760882
7.80%$0.999831
-0.00%$19.61
0.69%$0.00312072
5.91%$0.00
5.81%$0.318526
37.75%$0.999478
-0.03%$3.46
-7.72%$25.43
4.81%$3.81
9.16%$0.999833
-0.01%$30.77
8.27%Reading
Coinbase, Dragonfly Capital and Huobi today invested $500,000 in CoFiX, a decentralized exchange.
CoFiX, founded in March by a Chinese-speaking team, falls under the umbrella term of decentralized financedecentralized finance. The term, also known as DeFi, refers to a multitude of non-custodial crypto financial products, such as loans, decentralized stablecoins and other synthetic derivatives, and decentralized exchanges—many of which popped up this summer.
CoFiX is a decentralized exchange, or DEX, that’ll launch on Friday. It works a little like Uniswap, the most popular decentralized exchange, whose trading volumes occasionally overtake those on leading US-based crypto exchange Coinbase—the company that today announced its investment in CoFiX. DEXs are non-custodial cryptocurrency exchanges bankrolled by their users, who earn fees for providing liquidityliquidity for tokentoken pairings.
Uniswap’s daily trading volume today hit new highs—surpassing Coinbase Pro’s daily volume for the first time. The Ethereum-based decentralized exchange and liquidity provider’s trading volume stood at over $441 million at the time of writing, according to its online stats. That’s a 70% increase in the past 24 hours. Meanwhile, the 24-hour trading volume of Coinbase Pro—Coinbase’s full-service crypto exchange—stood at just over $373 million, according to CoinMarketCap data. Both Uniswap and C...
But Uniswap is not great for professional traders. You can’t place complicated trades on it and prices of coins are either grabbed from centralized exchanges or discovered through trades, both of which can be pricey for traders paying hefty transaction fees.
CoFix’s aims to improve on these sorts of decentralized exchanges by scraping prices from a decentralized oracle protocol called NEST—which, like Uniswap, is built on Ethereum. NEST uses various financial parameters to create price feeds that are closer to those found elsewhere. NEST does this by paying its miners to quote prices.
AlphaWallet is one of the founding community members of @CoFiXProtocol. CoFiX is an advanced on-chain automated market-making protocol that is completely driven by the community. It is the first protocol to propose the idea of “On-chain Computable Finance” https://t.co/kRfwqpkakB
— AlphaWallet (@AlphaWallet) October 6, 2020
This, at least in theory, should lower prices and risk for traders and remove price arbitraging; those providing liquidity for these trades would also benefit from this by receiving “sustainable profits,” according to the press release.
CoFiX is slated for release on October 9. Founding members include DeFi wallet project AlphaWallet, blockchain security team SECBIT, and the team’s whitepaper author, “Zaugust”—an “expert in financial product design,” according to CoFiX’sTelegram group.
The Russian Ministry of Energy is considering offering its now strictly regulated Bitcoin mining industry incentives to move to the north of the country. The move follows Russia slapping a Bitcoin mining ban on ten regions (mainly in the south) in January of this year: Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, Donetsk, Lugansk, Zaporizhzhia, and Kherson. Russia to Ban Crypto Mining 'In Some Regions' Due to Electricity Shortages The ban is set to rema...
Kraken will soon offer overseas customers the ability to trade U.S.-listed stocks through the crypto exchange’s platform, the company said in a press release on Thursday. The offering, which covers more than 50 U.S.-listed stocks and exchange-traded funds, will be facilitated through a partnership with Backed, a firm specializing in tokenized securities, using the Solana blockchain to offer so-called xStocks, the company said. Tokenization refers to the process of taking real-world assets, wheth...
Managing a crypto portfolio is a complicated business—unnecessarily so, according to Glider Co-Founder Brian Huang. “We need to get to a point where we can say, ‘Hey, Mom, do you want to participate in this?’” he told Decrypt. “We spend a lot of time on this at Glider: how can we make the barrier to entry so low that anybody could do it?” Glider is designed to enable users to “come to the platform with any trading idea,” Huang said, “and what we do is we automate that whole process for you. So...
