Posts

Showing posts with the label dex

Solaxy ICO Nears $21 Million with 500K in Daily Inflows – Invest Before It Sells Out

Image
Solana-based meme coins continue to dominate the cryptocurrency landscape, and Solaxy (SOLX) is quickly gaining recognition as a potential breakout star. The project recently surpassed $20 million in its fast-selling ICO, fueling excitement among investors. Many now view Solaxy as a strong contender for the next major opportunity in the Solana ecosystem, particularly given its rapid growth and surge toward $21 million. Despite this promising performance, discussions about the token remain relatively muted, even though it’s quietly making waves in the crypto market. While many investors remain focused on the latest trending meme coins, Solaxy (SOLX) hasn’t yet received the same level of attention as projects like Wall Street Pepe. Solaxy Tackles Solana’s Congestion with High APY Staking Solana can process up to 65,000 transactions per second, but heavy demand—like a meme coin launch—can still slow it down. Solaxy aims to fix this problem for good. The ...

Ecosystem developers bring Bitcoin to Cosmos network

nBTC will be usable across more than 50 app-chains connected to Cosmos IBC. Osmosis, the largest decentralized exchange (DEX) on Cosmos, will be bringing Bitcoin (BTC) to the namesake inter-blockchain communications (IBC) protocol together with Nomic and Kujira. According to an October 3 announcement during the Cosmoverse 2023 Conference, users can transfer Bitcoin to the Cosmos network via Osmosis' Nomic bridge for 1.5% of the transaction value. Users then receive Nomic Bitcoin (nBTC), an IBC-compatible token issued by Nomic Chain, on a one-to-one basis. The nBTC can be bought, sold, and used to provide liquidity on Osmosis. They are also usable across more than 50 Cosmos-linked app chains. Native Bitcoin is coming to Osmosis. Get ready for nBTC from @nomicbtc. Here's everything you need to know. pic.twitter.com/YuYX9jQamV — Osmosis ️ (@osmosiszone) October 3, 2023 The nBTC Interchain Upgrade will be released on October 27 and is expected to activate on October 30. Thro...

Pancakeswap integrates Transak for fiat onboarding on multiple chains

Image
Pancakeswap now allows users to purchase crypto with debit card, Google Pay, Apple Pay, and other methods through Transak. Decentralized exchange Pancakeswap now offers Transak as a provider in its “buy crypto” tab, giving Pancakeswap users an additional option when shopping for crypto, according to an announcement on September 21. Mercuryo and Moonpay were previously providers for this feature, making Transak the third provider to be added. Caption: Pancakeswap buy crypto tab. Source: Pancakeswap Pancakeswap is a multi chain decentralized crypto exchange (DEX). It’s available on 8 different block chain networks, including BNB Chain, Ethereum, Base, Polygon zkEVM, and others. It has over $1.3 billion worth of crypto locked in its contracts and does over $150 billion in volume per day, according to crypto analytics platform DeFi Llama. As with all DEXs, Pancakeswap can’t perform fiat to crypto conversions on its own. Users have to first own cryptocurrency in a wallet before they can ...