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DeFi vs. CEX? CZ Says the Winner Is Clear – and It’s Not Centralization

At the recent BNBDay event in Tokyo, Binance founder Changpeng “CZ” Zhao said decentralized exchanges (DEXs) will eventually surpass their centralized counterparts (CEXs) in trading volume. CZ noted that while…

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DEX Trading Volumes Explode – Are CEXes Losing Their Grip on Crypto?

In June, total crypto market capitalization posted a modest 2.62% gain, even as volatility stayed elevated due to increased geopolitical tensions in the Middle East. Investor anxiety over potential energy…

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Phantom Wallet Joins Dydx, Easing Access for 7 Million Users

Dydx has announced its integration of the Phantom Wallet, a leading Solana-based non-custodial wallet, into its decentralized finance (defi) platform. This integration aims to simplify access for over 7 million…

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Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks

Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped…

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Ethereum Fees Plummet—Etherscan Adds Decimals to Keep Up With Gas Drop

Over the past few months, both Bitcoin and Ethereum users have noticed a noticeable drop in transaction fees. Ethereum’s network transfer fees, in particular, have fallen to such low levels…

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Centralized Exchanges Reclaimed by Hackers as Ransomware Payments Soar in 2024: Chainalysis

While overall illicit transactions have decreased since last year, there has been a notable rise in – stolen funds and ransomware. The amount of stolen funds in crypto scams has…

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Dydx Introduces Major Chain Upgrade With New Features

Decentralized exchange Dydx has announced a significant upgrade to its chain, introducing new features designed to enhance market liquidity and security. The update, set for release this autumn, marks the…

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