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# Decentralized Exchanges News

April 12, 2019 by at Business, Exchange, Finance, News
South Korea-based cryptocurrency exchange Bithumb suffered a mammoth loss of $180 million (205 billion Korean won) in 2018, reports The Korea Times, April 10, 2019. A Series of Unfortunate Events Although the current sentiment in the crypto market has a slightly positive shade to it, things were not so hunky-dory in 2018...
January 29, 2019 by at News
According to a report by blockchain intelligence firm Diar, published January 28, 2019, the US dollar trading volume in decentralized exchanges (DEXs) has hit an all-time low. This comes at a time when the nascent industry’s thought leaders are pushing for a major transition from centralized exchange platforms to decentralized...
September 17, 2018 by at Altcoins, Bitcoin, Business, Exchange, Finance, News
Bitfinex, one of Asia’s most prominent cryptocurrency exchanges, in its latest blog post, has announced that it would be launching a beta version of a high-performance decentralized exchange which will be built on the EOS platform. The infant crypto exchange dubbed “EOSfinex” would be launched on September 26, 2018, at...
COBINHOOD, a cryptocurrency exchange positioned at 123rd in the world by daily traded volume, announced the launch of peer-to-peer exchange platform Dexon. Decentralized Exchanges Swiftly Coming Up As per a press release on June 6, 2018, Dexon is a fully decentralized exchange (DEX), based on blockchain technology and boasting zero...
In an interview with Timothy Tam, former executive at Goldman Sachs and the founder of Coinfi, Kyber Network founder Loi Luu stated that despite high anticipation from the global cryptocurrency community, decentralized exchanges have not been able to achieve high liquidity and popularity. Failed Projects In September 2017, Coinbase co-founder...
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