Demex Blog

Latest — Oct 29, 2024

Demex Daily #271: Alchemy Pay Launches Alchemy Chain for Crypto and Fiat Payments

What’s Interesting Today: Alchemy Pay has unveiled its Layer-1 blockchain, Alchemy Chain, built on a scalable Solana Virtual Machine architecture to enhance the integration of crypto and fiat payments. This blockchain facilitates seamless interactions between on-chain transactions and off-chain storage, featuring a Trusted Proof-of-Authority mechanism for enhanced security and

Launching PT mETH on Nitron: Demex's Omnichain Money Market

We are excited to announce the launch of PT mETH on Nitron, Demex’s cross-chain money market, as part of our upcoming mega partnership with Mantle. This collaboration marks a significant step for Demex, positioning us as a trading DEX and DeFi hub within the Mantle ecosystem. As we look

Demex Daily #270: Mantle's mETH Protocol Launches $COOK Token and Season 2 on October 29, 2024

What’s Interesting Today: The mETH protocol will launch its $COOK token on October 29, 2024, coinciding with the end of Season 1 and the beginning of Season 2: Methamorphosis on October 30. During Season 1, users earned $COOK by participating in activities, resulting in a 12.5% increase in

Demex Daily #269: Ankr Integrates TON into Web3 API for DApp Development

What’s Interesting Today: Ankr has integrated The Open Network (TON) into its Web3 API services, enabling developers to create decentralized applications (DApps) for Telegram's 950 million users without the need for node management. This integration streamlines development by providing remote procedure calls (RPCs) that facilitate transactions and

Demex Daily #268: Chainlink and Swift Launch Blockchain Payment Solution for Financial Institutions

What’s Interesting Today: Chainlink, in collaboration with Swift, is launching a new blockchain payment solution for financial institutions that simplifies digital asset settlement while utilizing existing infrastructure. This integration allows institutions to use Swift messages to interact with blockchain technology, enabling pre-settlement and transaction confirmation. Chainlink co-founder Sergey Nazarov

Demex Daily #267: Avalanche Foundation Launches Visa Crypto Card

What’s Interesting Today: The Avalanche Foundation has unveiled the Avalanche Card, a Visa cryptocurrency card enabling users to spend assets such as USDC and Wrapped AVAX. It links to a self-custody wallet with unique addresses for each asset and does not report transactions to credit bureaus. Initially, it will

AI Memecoins Are Here: Get Ready for a New Era in Crypto!

The crypto space is no stranger to explosive trends, and two of the hottest narratives currently captivating the industry are memecoins and artificial intelligence (AI). While memecoins have proven their staying power through massive viral campaigns, AI is revolutionizing industries across the board. What happens when these two worlds collide?

Demex Daily #266: Chainlink Launches AI-Driven On-Chain Database for Corporate Actions

What’s Interesting Today: Chainlink is piloting an on-chain database of corporate actions using AI and decentralized oracle technology, collaborating with financial firms like Franklin Templeton and UBS. This initiative aims to provide real-time, standardized data on corporate actions such as mergers and dividends, addressing inefficiencies that cost the financial

Demex Unlocks Chain Abstraction: Connect from 250+ EVM Chains Instantly

Demex is simplifying access to this super DeFi app through chain abstraction. This unified approach enables users to connect with Demex from over 250+ networks directly through their MetaMask wallet, eliminating the need to switch between different blockchain networks to connect to Dermex. This is a significant step towards creating

Demex Daily #265: Vitalik Buterin's Plan to Address Ethereum's Centralization Risks

What’s Interesting Today: Vitalik Buterin highlights centralization risks in Ethereum’s proof-of-stake (POS) system, where large stakers dominate, raising concerns about 51% attacks, censorship, and value extraction. With only two builders controlling 88% of Ethereum’s blocks, transaction delays and market manipulation are possible. To mitigate these risks, Buterin

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