QuickSwap uses an AMM model to provide token pools for users to swap, stake and supply liquidity for token assets. The following key features of QuickSwap make up its DEX infrastructure: Liquidity pools Liquidity pools are a collection of digital assets that enable trading on a DEX. They are a crucial component in DeFi since they supply the much-needed liquidity…
Bitcoin (BTC) is up 42% since the start of 2023, but short term, the outlook may now favor the bears. The latest data paints a problematic picture for BTC price action — investors are greedy, but the mainstream is far from ready to buy. After January’s 40% surge, BTC/USD is having trouble reaching for resistance higher up the chart. As…
How Adidas Jumped Into Web3 and What It Plans Next Adidas Web3 lead Erika Wykes-Sneyd told Decrypt’s Dan Roberts the story of what prompted Adidas to get into crypto (it involves Elon Musk), what the brand has done so far with NFTs tied to physical apparel, and what it’s considering next—including token-gated sneaker drops. Source: https://decrypt.co/videos/live-events/SYwSEgit/how-adidas-jumped-into-web3-and-what-it-plans-next
Crypto classes organized for Ukrainians have begun on a government-run portal, a minister announced. More than 20,000 people have registered for the educational course in the war-torn country which maintains an objective to become “the best crypto jurisdiction.” Thousands of Ukrainians to Study About Bitcoin, Mining, and Smart Contracts Ukraine’s ‘Дія. Цифрова освіта’ (Diia Digital Education) portal has started the…
Margrethe Vestager, the European Union’s competition, and digital affairs commissioner, wants to promote fair competition in metaverses, according to a speech in Brussels today. Noting the rapid growth in the digital economy over the course of the coronavirus pandemic, Vestager believes that the metaverse should yield new opportunities, but that historically, “dominance, entrenched positions, and abuses have rather been the…
press release PRESS RELEASE. Since last year, CoinEx Charity has been funding children in poor areas, bringing them back to school to continue their education. The Mercy Children’s Educational Welfare Program is still ongoing and has helped over 20,000 children with funds from CoinEx Charity. Recently, CoinEx Charity received a report from the Human Development Foundation (HDF), a charitable organization…
Hardware cryptocurrency wallet provider Trezor has warned its users about a new phishing attack targeting their crypto investments by trying to steal their private keys. Trezor took to Twitter on Feb. 28 to caution users about an active phishing attack designed to steal investors’ money by making them enter the wallet’s recovery phrase on a fake Trezor website. The phishing…
Amid various reports about Binance trying to revive its crypto licensing plans in Singapore, the crypto exchange has come out to set the record straight. Binance told Cointelegraph that Ceffu, its “independent institutional custody partner,” is the one looking to apply for an institutional crypto custody license when Singapore’s central bank opens up applications. Singapore has established itself as a…
The Chinese government’s beloved project of central bank digital currency (CBDC) has not sparked much enthusiasm in the citizens of Hong Kong. In the first four days since the “digital yuan” (also known as “e-CNY”) hard wallets became accessible to the islanders, only 625 Hongkongers had actually obtained them. As reported by the local newspaper on Feb. 28, the city…
“I don’t care about the bear market,” Arianee chief Pierre-Nicolas Hurstel proclaimed at NFT Paris last week in an interview with Decrypt. Quickly clarifying that the dip is “not nice”, Hurstel—whose company has helped high-end brands like Yves Saint Laurent and Moncler issue NFTs—explained that the market lull means a real focus on practical use cases that will onboard more…
