Distributed Ledger Technology (DLT) such as blockchain is the next big thing that will transform the operations of various industries, offering a plethora of benefits through decentralized networks, immutable transactions, and top-notch security.
Cryptocurrency exchanges are online platforms in which you can exchange one kind of digital asset for another based on the market value of the given assets.
However, cryptocurrency exchanges functioning in today’s market need to make optimum use of the massive potential that lies in blockchain technology.
After a hype-filled week for cryptocurrencies, Bitcoin experienced a flash crash over the weekend, plunging nearly 14% in less than an hour, from about $59,000 to $51,000, on Saturday night before rebounding. Other popular cryptocurrencies including ETH and DOGE also fell dramatically, before recouping some of their losses.
Bitcoin has skyrocketed in value this year as it gained more mainstream acceptance, but the sharp price fall this weekend seems to have been triggered by an unconfirmed Twitter rumor that the US Treasury was planning to crack down on money laundering schemes involving cryptocurrencies. …
Decentralized finance, also known as DeFi, uses blockchain technology to manage financial transactions and services. DeFi aims to democratize finance by replacing intermediaries, centralized institutions with peer-to-peer relationships that can provide a full spectrum of financial services, from personal banking, loans, borrowing, to complicated contractual relationships and asset trading.
Today, almost every aspect of banking, financial services and money is managed by centralized systems, operated by governing bodies and central banks. Regular consumers need to deal with a raft of financial middlemen to get access to everything from loans and mortgages to trading stocks.
In the U.S., regulatory bodies like…
Blockchain distributed ledger is a type of database that is shared, replicated and synchronized across all members of the decentralized network. Transactions like the exchange of digital assets by users of the network are all recorded on the ledger. Records which are updated on the ledger are agreed upon using consensus mechanisms by members of a network. This also means that the network is governed by all members and no intermediaries or centralised authority is involved. Every record in a blockchain distributed ledger has a timestamp and unique cryptographic signature enabling the ledger to be auditable. …
As Exonium tech team is working hard on building world’s first omni-chain decentralized exchange with synthetic assets, it is important to educate new community members who are interested but may not have the background to understand some of our technical approaches in building ExoniumDEX.
This article is aimed to break down some key concepts for design decisions that are relevant to ExoniumDEX. Without further ado, let’s delve into today’s topic: Asymmetric liquidity pools.
In many decentralized exchanges, users can add liquidity to liquidity pools and earn a portion of the transaction fees charged to other users who want to swap…
Whatever your opinion is on cryptocurrencies — whether you’re a dyed-in-the-wool fanatic to an utter sceptic — the fact remains that these digital assets are becoming more valuable and impossible to ignore.
What if traditional assets can be traded on the blockchain as well? It is not impossible with our upcoming platform, tEXO! Imagine being able to trade Tesla, Facebook or Apple stocks’ value with cryptocurrencies. This can be done through synthetic assets.
Synthetic assets are new primitives made possible by the maturation of Ethereum and the DeFi ecosystem. …
DeFi projects have exploded in the FinTech space in 2020. However, accelerated growth will invariably bring with it issues such as hacks and fraud.
One example is the recent unexpected liquidation of US$89 million of DAI coins on the crypto lending platform Compound.
It occurred when the oracle that communicates with Coinbase Pro exchange was led to believe that current DAI prices with USDC pairing had spiked. When this information was reflected back to DAI, its blockchain surmised that many loans were undercollateralized and liquidated them.
It is not impossible for such a situation to happen. The prices of coins…
ExoniumDEX enhances liquidity and allows inter-exchange of all coins regardless of blockchain technology. ExoniumDEX增强资金流动性，并允许所有区块链技术的加密货币相互交换。
The year 2020 will be remembered for the massive growth of DeFi or decentralized finance. Even the global Covid-19 pandemic could not dampen the growth of this financial technology, which is tapped to be the future of the financial services industry.
Some of the exciting DeFi developments that materialized in the past 10 months include decentralized exchange protocols like UNISWAP, decentralized credit platforms like MakerDAO, decentralized investment platforms, non-custodial trading platforms, and yield farming.
The total value locked in these emerging projects are in several billions…
Besides committing funds to DeFi products, what are the other ways to gain profits in crypto? 除了向分散式金融产品投入资金外，还有其他以加密方式获利的方法吗？
Cryptocurrency trading requires skills and strategies. Having additional trading experience will help you in managing your portfolio. If you are new to cryptocurrency trading, you can still pick up some basic skill sets and venture into the world of blockchain. These are some of the important pointers to make the most out of your cryptocurrency trading strategies.
DeFi (Decentralised Finance) is a set of Distributed Ledger Technology based financial services and applications intended to augment or replace the currently existing centralised financial system. In recent weeks, the amount of funds locked up in DeFi services have increased exponentially and recently exceed US$4 billion. DeFi evolution has seen DEXs (Decentralized Exchanges) experiencing higher trading volumes, with lending protocols attracting increasing investment.
However, the concept of DeFi is not relatively new. In fact, since the beginning of Ethereum, there have been various projects focusing on replacing the centralised financial system with the implementation of smart contracts. For those of…
ExoniumDEX is a decentralised exchange designed to be a unifying exchange of all coins through a unique oracle concept and bridging function.