Decentralized Exchange Uniswap Reveals Protocol Version 3 With New Automated Elements – Exchanges Bitcoin News

Roughly 28 months ago, the decentralized exchange (dex) Uniswap version one (v1) was released and then in May 2020, version two was launched with new features. The dex is by far the largest decentralized trading platform among its competitors, as the exchange swapped $7.1 billion during the last seven days. On March 23, Uniswap launched version three, which features new elements like concentrated liquidity, advanced oracles, and multiple fee tiers. Developers Reveal Uniswap v3 When the cryptocurrency space was still young back in the early days, decentralized trading platforms were…

Ethereum-based Decentralized Exchange Uniswap Unveils Timeline for Version 3 Launch

The Uniswap Version 3 will introduce major changes in terms of giving better control to LPs over their money as well as setting up a dynamic fee structure for different pools. On Tuesday, March 23, popular decentralized exchange (DEX) Uniswap finally announced the launch of its much-awaited Version 3. With the DeFi craze over the last few months, Uniswap (UNI) has emerged as the largest DEX platform in the crypto world. Besides, its native UNI DeFi token is now the eighth-largest crypto in the world. In its announcement on Tuesday, Uniswap…

New version of 1inch’s DEX aggregator makes it cheaper than Uniswap

The 1inch team has released the third iteration of its Aggregation Protocol, a tool that routes trade orders across all decentralized exchanges on Ethereum and, as of recently, Binance Smart Chain. The Aggregation Protocol calculates the most profitable trade for a given token and size of the order, potentially splitting a large order into several chunks across several decentralized exchanges. Previously, the tool was mostly useful for wealthy traders for whom slippage was an important factor when trading in decentralized finance. The system consumed more gas than using a DEX…

NBA Partners with Dapper Labs for Its Own Version of Digital Collectible NFTs

NBA Top Shots has become a major sensation for the baseball fans who are bidding huge amounts for digital collectibles (in video forms) uploaded by NBA players. Dapper Labs’ Flow blockchain will facilitate smooth transactions for the same. Non-Fungible Tokens (NFTs) are making a major penetrating into the evolving crypto space. The NFT craze has now reached the National Basketball Association (NBA). In the latest development, NBA has joined hands with Canada-based Dapper Labs, and the creators of the most-popular NFT sensation CryptoKitties. Thus, as part of the association, Dapper…

Brave private browser integrates IPFS support to desktop version

Brave Browser, a popular blockchain-enabled web browser, has integrated native support of InterPlanetary File System, or IPFS, to strengthen the access to the decentralized web. According to a Jan. 19 announcement, Brave has integrated IPFS into its desktop web browser for Windows, macOS and Linux, enabling users to install the protocol in a couple of clicks. IPFS is a peer-to-peer hypermedia protocol designed to make the web faster, safer, and more open. The protocol aims to supplement or possibly even replace the Hypertext Transfer Protocol, or HTTP, which is a…

TikTok's Chinese Version Douyin Introduces E-Payment Feature

With the Chinese New Year holiday around the corner, Douyin Pay appears primed to enjoy patronage during this period. The Chinese version of Tiktok Douyin is the newest entrant into the online payment system in China. It would be competing against Tencent WeChat Pay and Alibaba’s Alipay. The video app recently added an e-payment feature to its app and it is called “Douyin Pay.” This means the app is taking a more essential step into becoming a growing e-commerce business. A spokesman for Douyin said the new feature is created…

MetaMask wants institutions to wade into DeFi with new enterprise version

Ethereum wallet MetaMask is seeking to attract institutional investors into the decentralized finance sector with the soon-to-be-launched institutional-grade version. The popular wallet, with more than 1 million monthly active users, introduced token swaps in October this year, and is now looking to expand even further. Developers ConsenSys identified that DeFi protocols are currently too inefficient for professional trading firms, and there is no “robust reporting for accounting, tax, and P&L purposes.” As per the announcement, the upgraded version is aimed at “trading firms and crypto custodians” and will provide them…

DeFi project Aave unlocks collateral with version 2 release

The decentralized finance niche of crypto has boomed in 2020, paying users interest on locked funds (collateral) in exchange for loans. DeFi protocol Aave recently unveiled its second version, V2, adding further potential to the sector.  “In DeFi, assets that were being used as collateral were tied up, but now with V2 they are free to be traded,” Aave founder Stani Kulechov says a blog post on Thursday. “Users can trade their deposited assets, across all currencies supported in the Aave Protocol, even when they are being used as collateral.” …

Blockchain Firm Jelurida Will Launch On-Chain Version of Bridge Game

Lior Yaffe, co-founder and core developer at Jelurida, confirmed that this is only the first step of his company’s foray into blockchain-based gaming. Swiss-based blockchain development firm Jelurida has announced it is developing an on-chain version of the card strategy game Bridge. Dubbed Bridge Champ, the game aims to disrupt the existing online Bridge gaming space, which is stagnating in a state of duopoly. Jelurida, which operates the Ardor blockchain, plans to use the game as a jumping-off point for broader expansion into the casual gaming space.  Bridge is one…

'Aussie Trump' invests in Bitcoin as it's the 'millennial version of gold'

Cory Bernardi — a controversial figure the Sydney Morning Herald has referred to 'Australia’s Donald Trump' — has talked up Bitcoin in between Tweets challenging the results of the U.S. presidential election.  In a Nov. 11 Tweet, Bernardi stated he had become a Bitcoin (BTC) convert “in the last couple of years” and saw the demand for the cryptocurrency “getting stronger.” He cited Bitcoin bull Anthony Pompliano’s views as being “on the ball” regarding Bitcoin. “My conclusion is it is the millennial's version of gold,” stated Bernardi. “Still see risks…