Demex Blog (Page 42)

More Articles

Polygon CDK Explained

Ethereum's scalability challenges have been a long-standing issue, hindering its widespread adoption. In response, various projects are actively seeking solutions to scale Ethereum, and among them is Polygon. Polygon, previously known as Matic Network, functions as both a Layer 2 scaling solution and a sidechain for Ethereum.

Demex Daily #62: $BTC Bitcoin Soars Above $45K in Lead-Up to U.S. Spot ETF Decision

What’s Interesting Today: Bitcoin's price showed bullish momentum at the start of the year, partly due to expectations of a spot Bitcoin ETF approval in the U.S. On January 1, 2023, BTC's price rose to over $45,000, driven by trader and investor optimism

Demex Daily #61: $BLAST Blast Secures $1.1 Billion in Pre-Launch Deposits Amid Ethereum L2 Rollout Controversy

What’s Interesting Today: Blast, an Ethereum layer-2 scaling solution, has secured over $1.1 billion in user deposits ahead of its launch and an anticipated token airdrop. Despite controversy around its rollout, including criticism from backer Paradigm for launching a bridge prior to the network and prohibiting withdrawals

The Allure of Small Market Cap Coins

The allure of small market cap coins in the cryptocurrency market has captured the attention of investors and traders alike. These micro-cap cryptocurrencies present a unique landscape, offering both opportunities for high growth and quick returns. This article aims to delve into the reasons behind the growing interest in

Demex Daily #60: $ETH Buterin Suggests Fewer Validator Signatures in Ethereum PoS Revamp

What’s Interesting Today: Ethereum founder Vitalik Buterin proposed a significant change to Ethereum's Proof-of-Stake (PoS) system in a recent blog post. Aimed at post-Shanghai upgrade, the strategy involves reducing the number of required validator signatures from the current tens of thousands to 8,192.

Demex Daily #59: $SOL Solana DEXs Thrive Post-Airdrops Rivaling Ethereum in DeFi

What’s Interesting Today: Solana's DeFi sector has experienced a significant surge in trading volumes, particularly on its decentralized exchanges (DEXs), following two major airdrops from Pyth and Jito, valued at approximately $87 million and $228 million respectively. This increase in activity has narrowed the gap with Ethereum&

Demex Daily #58: $XAI Xai Network's Upcoming Arbitrum Airdrop

What’s Interesting Today: The Xai Gaming Network, a "layer-3" network on Arbitrum, is set to distribute its token through an airdrop on December 27. This network, associated with Arbitrum and Offchain Labs, is designed for gaming and uses its token for transaction fees and in-game

Demex Daily #57: $CAKE PancakeSwap Token Rises on Reduced Supply Proposal

What’s Interesting Today: PancakeSwap, a decentralized exchange, proposed to reduce the maximum supply of its CAKE token from 750 million to 450 million, resulting in a significant price surge. CAKE's price increased by 20% on Thursday, reaching its highest level since May. This proposal is part of

Demex Partners With Secret Network: Demex Launches The SCRT Trading League

Demex and Secret Network have forged a powerful partnership aimed at revolutionizing trading opportunities for the Secret Network. Demex has launched the first fully on-chain derivatives markets for SCRT, opening doors for traders to go long on the token with leverage. Moreover, Demex has introduced a perpetual pool supporting

Demex Daily #56: $LYRA Lyra V2 Debuts on Optimism with Advanced Trading Features and New Competition

Demex Daily #56: $LYRA Lyra V2 Debuts on Optimism with Advanced Trading Features and New Competition; Cardano Codebase Shifts to Intersect's Stewardship in Voltaire Era What’s Interesting Today: Lyra V2 has developed its own custom chain using the Optimism stack, providing ultra-fast trading and execution while