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Total Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum’s TVL Dominance 69%

While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the…

Continue ReadingTotal Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum’s TVL Dominance 69%

Axie Infinity Co-Founder Says Blockchain Game Plans to Launch a Decentralized Exchange

Sky Mavis, the team that created the Ethereum-powered non-fungible token (NFT) game Axie Infinity, revealed the project plans to launch a decentralized exchange (dex), according to the company’s co-founder Jeff…

Continue ReadingAxie Infinity Co-Founder Says Blockchain Game Plans to Launch a Decentralized Exchange

Uniswap (UNI) gains nearly 50% in 24 hours as China’s latest crypto purge boosts DEX tokens

In the last 24 hours, the DEX sector has logged a combined profit of over 60%, while their centralized counterparts have grown by just 0.77%.

Continue ReadingUniswap (UNI) gains nearly 50% in 24 hours as China’s latest crypto purge boosts DEX tokens