$97,605.00
0.58%$1,863.80
0.37%$2.23
-0.66%$601.17
-0.32%$151.05
-0.60%$0.999902
0.00%$0.182997
0.69%$0.710879
0.86%$0.246897
-0.25%$1,862.53
0.32%$97,583.00
0.52%$3.46
-6.91%$14.93
0.01%$21.60
0.77%$0.278096
-0.04%$8.92
-0.38%$0.00001358
-0.54%$0.187985
-1.11%$3.18
-1.07%$0.999874
-0.01%$2,220.44
-0.64%$381.42
4.25%$21.12
4.03%$88.95
0.42%$4.22
1.18%$1,863.78
0.44%$289.13
4.96%$4.47
1.67%$0.998305
-0.23%$1.001
0.07%$29.24
-0.32%$0.595576
-2.52%$1,982.75
-0.09%$97,593.00
0.59%$0.0000088
-0.84%$5.50
-0.85%$376.20
1.76%$5.32
-0.78%$2.60
0.79%$51.68
-0.34%$1.05
-0.00%$0.92134
0.62%$1.00
0.00%$177.38
0.31%$21.78
-0.24%$4.99
0.66%$17.28
1.97%$0.099138
5.04%$12.82
-1.02%$31.71
-0.49%$4.87
5.33%$0.091589
1.74%$0.737476
-1.18%$0.02762102
1.49%$0.998026
-0.11%$0.239088
-1.59%$1.17
-0.06%$4.47
0.62%$97,463.00
0.59%$0.220844
-1.61%$2.83
1.01%$0.716123
-4.71%$4.29
-0.11%$0.568665
0.70%$0.313341
-4.63%$2.65
-3.17%$0.341172
0.15%$4.17
-0.04%$97,475.00
0.60%$1.00
0.11%$0.00001873
-3.57%$1.039
-3.82%$10.78
-0.60%$0.459756
-0.42%$1,552.37
1.99%$0.838656
-0.45%$1.25
-0.48%$158.41
-0.82%$84.23
8.66%$0.077717
0.41%$1.87
9.77%$1.20
-1.00%$0.719805
-2.08%$0.639494
5.95%$0.222044
-0.42%$0.74659
9.15%$1,858.55
0.04%$0.01753692
-2.89%$4.10
-0.62%$1,937.15
0.04%$1.00
-0.06%$10.40
-0.35%$0.73059
1.51%$0.100895
1.47%$0.999719
0.00%$0.998078
-0.12%$600.08
-0.51%$2,104.87
-0.02%$2.97
1.82%$0.00008543
-3.50%$0.01700081
-1.15%$0.219182
3.67%$1.00
-0.01%$3,250.06
0.70%$39.96
5.07%$0.788575
0.12%$194.81
-0.35%$0.865268
-0.22%$97,600.00
0.56%$3,250.05
0.59%$167.08
-0.36%$0.76239
0.03%$0.01714591
-0.59%$97,992.00
0.69%$13.22
0.03%$0.01203267
10.15%$97,058.00
0.25%$0.304361
0.09%$0.592282
-10.49%$0.124443
5.46%$3.89
-1.57%$0.00000071
0.37%$1,982.43
0.24%$0.066918
0.11%$2.05
-1.96%$0.997507
-0.03%$0.407727
-0.60%$19.09
0.66%$2.99
-0.16%$0.99906
0.04%$0.62057
-2.52%$0.320766
0.40%$1,949.54
0.10%$0.571108
0.54%$1.10
-0.72%$36.49
2.64%$0.01752744
-2.64%$3.62
2.27%$1.81
-3.65%$0.689547
-3.46%$0.151902
-0.29%$0.00953892
4.24%$0.580712
2.12%$0.0057735
3.96%$0.999902
0.01%$0.441591
-1.92%$7.90
10.51%$0.651529
-0.97%$98,398.00
0.49%$17.74
-0.84%$97,666.00
0.40%$0.197151
-19.12%$0.999314
-0.10%$1,948.34
0.65%$0.193013
-5.84%$0.066961
-2.45%$0.437326
-1.43%$1.34
-6.46%$0.182652
0.50%$0.999902
0.00%$93,593.00
-1.53%$0.00002286
2.36%$97,405.00
0.35%$0.144305
-1.87%$110.89
0.01%$6.22
0.27%$1.57
0.16%$0.541912
0.33%$1,862.57
0.26%$0.438574
-8.48%$2.60
1.44%$1.69
-0.67%$0.00798673
-8.64%$0.00000042
0.46%$3.47
-1.50%$0.079453
-1.40%$1.085
-0.01%$0.04250905
0.62%$1.001
-1.04%$1,862.91
0.18%$0.087919
-2.29%$1,983.61
0.41%$0.196476
3.10%$0.0056996
25.10%$0.238999
-1.80%$1.45
5.19%$0.388245
1.02%$1,863.78
0.34%$41.47
2.30%$33.49
1.50%$0.03685153
-2.95%$22.10
1.82%$0.380934
-1.13%$1,858.28
0.33%$0.566111
0.08%$0.999681
0.22%$0.00416377
0.12%$0.13273
-0.47%$0.00006362
2.73%$0.315631
5.59%$0.01779514
-0.42%$0.820632
1.91%$1,894.56
0.00%$0.337051
20.30%$0.743514
-1.47%$0.746994
4.77%$1.00
0.05%$0.998084
-0.16%$1.00
0.01%$1.00
0.14%$97,532.00
0.68%$2.74
-1.85%$0.00302398
1.49%$1,853.31
0.47%$0.242679
0.34%$0.00000145
-1.03%$21.23
5.04%$113.52
0.01%$23.72
1.15%$0.209416
-0.63%$21.47
0.21%$0.03370773
7.25%$0.491551
-1.00%$97,960.00
0.74%$0.136321
-2.86%$3.46
-2.12%$0.00313288
8.43%$0.999002
-0.09%$0.999905
0.03%$1,952.59
-0.49%$3,233.74
0.64%$0.271195
-0.60%$2.84
-1.14%$0.536033
0.60%$3.22
5.66%$0.03808854
0.19%$1,960.72
0.63%$15.86
0.05%$0.0035025
-0.52%$0.974226
-1.46%$1.097
0.08%$0.01315241
-0.15%$0.109593
-0.70%$0.00245043
-9.18%$0.00000064
-0.68%$2,042.33
0.25%$2,030.75
0.36%$97,822.00
0.54%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 token 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.
Eric Trump, the son of President Donald Trump, said that it was “woke cancel culture” coming after his family that led him to embrace crypto—with the Trumps making many moves in the space in recent months. The Trump Organization's executive vice president claimed that the “some of the biggest banks in the world” canceled his accounts with them—as well as accounts for other family members—at the tail end of President Trump’s first term. He believes this happened as a result of the “woke cancel cu...
Strategy, formerly known as MicroStrategy, reported a decline of $16.49 per common share in the first quarter of 2025—a result of Bitcoin’s price plunge during the span, the leading Bitcoin treasury firm announced Thursday after equity markets closed. The Tysons Corner, Virginia-based company recorded a loss of $5.9 billion on its Bitcoin holdings for the period. Strategy said that it would issue a new $21 billion common stock equity offering, with co-founder and Executive Chairman Michael Saylo...
Investment firm dao5 has raised $222 million to close out its second fund, with an aim to nurture institutional interest in cryptocurrencies. The multi-strategy investment vehicle brings dao5's total assets under management to roughly $550 million, according to the firm's announcement on Thursday. “Crypto is entering its adolescence phase,” dao5 founder and general partner Tekin Salimi said Thursday in a statement. “The industry’s dependency on pure speculation as the driver of growth is no long...
