Ethereum Remains Dominant DEX Chain Despite Dominance Dip: CoinGecko 

Ethereum’s position in DEX trading is changing, according to the CoinGecko Q3 crypto industry report released on Oct. 14. The network remains the dominant chain for decentralized exchange, but its market share consistently fell below 40% during the quarter. Trading volume on Ethereum trended downward between July and September, with its cumulative volume 19.6% lower…

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Phantom Wallet Joins Dydx, Easing Access for 7 Million Users

Dydx has announced its integration of the Phantom Wallet, a leading Solana-based non-custodial wallet, into its decentralized finance (defi) platform. This integration aims to simplify access for over 7 million Phantom users, aligning with Dydx’s goal to broaden participation in decentralized trading. Phantom Wallet Is Now on Dydx, Enhancing User Access The new integration allows…

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BabyDoge, Bitcoin, Ethereum, and More Leading the Crypto Revolution

September 25, 2024 at 03:45 AM GST updated: September 24, 2024 at 08:05 PM 3 mins read News Bitcoin revolutionized digital transactions by eliminating intermediaries, allowing peer-to-peer payments. Ethereum’s ongoing network updates have strengthened its role as a global platform for decentralized applications. BabyDoge expands its ecosystem with an AI image generator and NFT capabilities,…

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Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks

Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange,…

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