DECENTRALIZED EXCHANGE
Decentralized exchanges (DEX) allow its users to exchange with other peers directly, without needing to trust an intermediary or each other. Unlike its centralized counterparts, users do not need to give up custody of their cryptocurrency or digital asset to a third party. Due to the fact that fiat currencies require a trusted central party to record account balances, no DEX can trade between a cryptocurrency and fiat currency.
DeFi Bubble Burst: SushiSwap and Uniswap Lead the DEX Token Crash, Reaching New Lows
Uniswap's UNI token reached a new low at $2.478 today, dropping by 83.48% from $15 of a record high on Sept. 17, the first day it launched.
Bitcoin and Ethereum are Risking a Second Price Dip
Reasons why both Bitcoin and Ethereum are at risk of a second price dip this week.
Bitcoin Dropped Below $10K, 3 Reasons Bitcoin and Crypto Market Will Crash Again
3 reasons the Bitcoin and crypto market are ready for a second crash. Here's why.
Sushiswap Founder Transferred Control of the Project to FTX's CEO, What's Behind This Event?
Chef Nomi, the founder of decentralized exchange SushiSwap, has tranferred the SushiSwap control to FTX CEO. What's behind the event and Who is Chef Nomi?
