Daily digest for Crypto Exchange News, on August 30, 2021
Biswap posted: "BiswapJust now·5 min read🤖 Hi Biswappers, Robi is here!I brought all the Biswap news that took place this week!Let's recall them together to see our growth and unstoppable progress! The DeFi becomes stronger so we are!💰Biswap x Binance Smart Chain | BSC 1"
It's your fabulous chance to join the winners who split the $10 000 Prize Pool! This global event is dedicated to the first year of the Binance Smart Chain network that unites users from all around the world by crypto!
Join 100 randomwinners who will reach the victory by committing all the conditions and boost your BSW assets with $100 each.
Grasp the biggest reward in BUSD Trading Competition! Make transactions with BUSDtokens including buys & sells to become the first trader in Ranking List and maximise your BSW:
DOT Trading Competition is ongoing! DOT tokens will be your weapon in this battle. Buy & sell DOT to get the golden place with the highest trading volume and take your BSW treasure:
Increase your crypto power and rock the crypto universe!
🎊 Happy Third Month of Biswap!
This week Biswap has celebrated its 3rd month — time flies! So many things were done together with the faithful Biswappers and the persistent Biswap team.
We are grateful to everyone for supporting us through this difficult but fascinating journey.
Robi left you a letter, to express his gratitude and appreciation to the whole family of Bisswappers:
📚Education Hub is Launched | Biswap Precise Guides!
Advance your crypto-skills daily with Biswap Education Hub!
The Biswap team has launched Education Hub, aquickand easy way to discover all Biswap profitable features. The educational articles about the Biswap DEX include important manuals with the detailed descriptions, lots of screenshots, and useful examples. Save your time and start earning crypto even faster with Education Hub:
Meet more reliable and safe wallets on the Biswap platform!
☑️ Math Wallet is a multi-platform (mobile/desktop/hardware) universal crypto wallet that includes the storage of 50+ blockchains and 3000+ tokens. You may use a variety of key types: the private key, mnemonics, and more.
Now, you can see your potential APY income on Farms. APY calculations are based on your one-year income if Harvest and Compound are made once a day. Provided APY calculations depend on current APR rates.
Increase the sum of LP-tokens staking and boost your crypto-yields!
🕊 Meet More Launchpools on Biswap — Passive Income Boost!
Holding BSW on Biswap is your passive income multiplier! Approve BSW in Stake BSW Launchpools and get C98 or DOT as a reward with the latest Launchpools!Choose a max stake amount of 10 BSW or 500 BSW and earn higher with top APRs percentages.
Two new Stake Tokens Launchpools with a different max stakeof $10 & $500 each — DOT, C98 are joined to Biswap and ready to raise your earnings to the moon!
Striking results! Over 6 662 participants have joined Weekly Sharing Season and challenged the luck. A total of 5 746+ tweets and 916+ Telegram texts with #biswap_sharing, #biswap_earn, and #biswap_exchange were sent in just seven days about Biswap.
Biswap posted: "BiswapJust now·2 min readBoost your crypto knowledge with Biswap Education Hub!Biswap always strives to implement safe, high-quality, and easy in use technologies for Biswappers. From now on, you may explore all of them even quicker with the precise guide"
Boost your crypto knowledge with Biswap Education Hub!
Biswap always strives to implement safe, high-quality, and easy in use technologies for Biswappers. From now on, you may explore all of them even quicker with the precise guides developed by the Biswap team.
📚Education Hub, the easiest way of discovering the Biswap platform that includes all the important manuals with the detailed descriptions, lots of screenshots, and useful examples. Education Hub will save your time and show the amazing opportunities of the Biswap DEX.
Learn how to add the crypto wallet extension to the browser and how to connect your wallet to Biswap on the Binance Smart Chain network. A step-by-step guide that will open you a wide range of crypto opportunities.
The unlimited field of passive income! Invite friends to maximise earnings with Biswap unique 3-Type Referral System. Here you will find the difference between active & inactive referrals, information about the connection to Biswap via Referral link, and how to control Referral Balances.
Become a Liquidity Provider and earn passively on Biswap Farms with topAPRs and lucrative farming pairs. Moreover, find how to earn 50% of the trading fee when someone makes a swap on the Biswap platform with a certain farming pair.
Do you know the difference between Stake BSW Launchpools and Stake Tokens Launchpools? How to calculate APR & APY? Where to find Inactive Launchpools? All these answers you will find in the Launchpools Guide.
Make your first exchange on Biswap with the lowest trading fee of 0.1% and Fee Return up to 100%. Read on how to speed up the transaction while the BSC network is overloaded.
SundaeSwap posted: "SundaeSwap·Just nowThis week, the frontend team focused primarily on deposit, withdrawal, and cancel UIs. They also started integrating with the first wallet.The infrastructure team focused on packaging up a suite of tools for the cardano community, which"
This week, the frontend team focused primarily on deposit, withdrawal, and cancel UIs. They also started integrating with the first wallet.
The infrastructure team focused on packaging up a suite of tools for the cardano community, which we released earlier today! If you're a developer who wants to build on Cardano, check out our toolkit-for-cardano for more information.
The smart contract team worked on integrating governance contracts, yield farming, a simple oracle solution for our partners over at Liqwid, and several unannounced features.
krakenfx posted: "Overview Total spot trading volume at $549.7 million, the 30-day average is $1.24 billion. Total futures notional at $207.7 million. The top five traded coins were, respective, Bitcoin (-0.4%), Tether (+0%), Ethereum (-0.9%), Cardano (-3.3%), and Polk"
Total spot trading volume at $549.7 million, the 30-day average is $1.24 billion.
Total futures notional at $207.7 million.
The top five traded coins were, respective, Bitcoin (-0.4%), Tether (+0%), Ethereum (-0.9%), Cardano (-3.3%), and Polkadot (-2.1%).
The top three return are from Solana (+9.5%), Serum (+9.3%), and The Sandbox (+9.0%).
August 28, 2021 $549.7M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD
BTC $48895. ↓0.4% $146.3M
USDT $1.0007 ↑0.01% $78.1M
ETH $3246.6 ↓0.9% $75.8M
ADA $2.8490 ↓3.3% $68.0M
DOT $25.963 ↓2.1% $37.7M
SOL $96.250 ↑9.5% $34.3M
USDC $1.0 ↑0.0% $21.3M
XRP $1.1458 ↓3.9% $18.2M
XTZ $5.6259 ↑7.4% $13.1M
DOGE $0.2860 ↓3.0% $12.2M
KSM $305.17 ↑0.0% $7.0M
XMR $300.44 ↓4.6% $5.37M
ATOM $21.328 ↑4.5% $5.16M
MATIC $1.4571 ↓4.1% $5.12M
LINK $25.738 ↓1.2% $4.83M
LTC $175.57 ↓0.4% $4.78M
DAI $1.0009 ↑0.0% $4.28M
MLN $127.00 ↓0.4% $3.25M
XLM $0.3477 ↓2.6% $2.89M
OXT $0.4140 ↓1.3% $2.77M
SC $0.0212 ↓3.1% $2.56M
KAVA $8.6543 ↑6.2% $2.43M
BCH $646.79 ↑1.8% $2.17M
WAVES $25.303 ↑2.5% $2.06M
SRM $8.235 ↑9.3% $1.86M
ETC $64.229 ↑0.06% $1.82M
MINA $2.91 ↓2.3% $1.75M
ALGO $1.0376 ↓2.7% $1.69M
FLOW $21.621 ↓1.0% $1.67M
AAVE $367.04 ↓2.1% $1.6M
EOS $5.0064 ↓1.7% $1.55M
MANA $0.9224 ↓0.6% $1.48M
STORJ $1.5195 ↑3.7% $1.45M
ZEC $150.4 ↓1.0% $1.42M
OCEAN $0.8683 ↑0.3% $1.32M
KEEP $0.4148 ↓1.5% $1.17M
SAND $0.76 ↑9.0% $1.16M
TRX $0.0882 ↓0.04% $1.05M
YFI $37938. ↓0.07% $1.03M
AXS $74.844 ↑2.3% $922K
QTUM $12.578 ↓2.1% $864K
GRT $0.9138 ↓1.1% $851K
ENJ $2.053 ↑2.6% $782K
OMG $6.4459 ↓2.0% $771K
DASH $235.64 ↓2.8% $759K
SNX $11.98 ↓2.4% $744K
NANO $6.4623 ↓2.7% $736K
UNI $26.814 ↓2.3% $730K
COMP $412.71 ↓2.5% $714K
CQT $1.338 ↓6.1% $688K
FIL $73.934 ↓1.7% $683K
PERP $17.943 ↑4.6% $630K
CTSI $0.8011 ↑3.3% $592K
CRV $2.085 ↓4.5% $588K
LRC $0.546 ↑11% $531K
EWT $10.813 ↓5.8% $513K
BADGER $24.143 ↑9.8% $502K
CHZ $0.3687 ↓1.6% $405K
ANKR $0.1107 ↑3.8% $394K
ICX $1.3971 ↑0.4% $381K
BAT $0.8189 ↓3.0% $373K
RARI $33.0 ↓6.4% $362K
LSK $4.0992 ↓3.5% $354K
MKR $3610.5 ↓2.7% $309K
BAL $27.55 ↑1.4% $303K
GNO $293.71 ↓2.7% $297K
PAXG $1826.0 ↑0.25% $297K
MIR $4.125 ↑3.3% $296K
OGN $1.0809 ↑1.2% $254K
KNC $1.975 ↓1.0% $210K
ANT $4.8659 ↑0.09% $192K
KAR $7.5684 ↓0.7% $190K
REN $0.6001 ↓3.2% $176K
SUSHI $11.72 ↓3.9% $167K
GHST $2.0049 ↓2.8% $148K
REP $28.256 ↑1.6% $144K
ZRX $1.085 ↓2.3% $138K
INJ $11.304 ↓3.5% $126K
LPT $19.51 ↓2.0% $101K
1INCH $3.295 ↑1.7% $93.7K
REPV2 $28.168 ↑1.6% $37.3K
BNT $4.241 ↓2.1% $36.8K
BAND $9.061 ↓0.4% $24.2K
TBTC $49351. ↓2.5% $15.9K
WBTC $48877. ↓0.3% $3.68K
#####################. Trading Volume by Asset. ##########################################
Trading Volume by Asset
The figures below break down the trading volume of the largest, mid-size, and smallest assets. Cryptos are in purple, fiats are in blue. For each asset, the chart contains the daily trading volume in USD, and the percentage of the total trading volume. The percentages for fiats and cryptos are treated separately, so that they both add up to 100%.
Figure 1: Largest trading assets: trading volume (measured in USD) and its percentage of the total trading volume (August 29 2021)
The values generated in this report are from public market data distributed from Kraken WebSockets api. The total volumes and returns are calculated over the reporting day using UTC time.
AnTy posted: "Twitter CEO and co-founder Jack Dorsey have shared more details about his project that revolves around Bitcoin.Last month, Dorsey had said that decentralized finance (DeFi) on Bitcoin is his new goal — "an open developer platform with the sole goal of mak"
Twitter CEO and co-founder Jack Dorsey have shared more details about his project that revolves around Bitcoin.
Last month, Dorsey had said that decentralized finance (DeFi) on Bitcoin is his new goal — "an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services" and that the name of the business is "TBD."
He further revealed this week that the idea is to build a decentralized exchange (DEX) for the leading cryptocurrency.
"We've determined @TDB54566975's direction: help us build an open platform to create a decentralized exchange for Bitcoin," said Dorsey late on Friday.
DEXs have become immensely popular recently, and there is no shortage of them in the crypto space, with Ethereum-based Uniswap currently the leading the sector, accounting for 72.3% of DEX market share based on weekly volume, followed by SushiSwap, DODO, Balancer, Synthetic, Bancor, and 1inch.
Unlike centralized exchanges, decentralized exchanges don't have a middleman.
Square's General Manager of TBD, Mike Brock, gave us further insight into what the team is building and the questions they are facing during the process.
Centralized and custodial services like Square's Cash App and Coinbase have a number of issues and aren't distributed evenly around the world, is the problem TBD is looking to solve — making it easy to fund a non-custodial wallet anywhere in the world through a platform, said Brock.
"You can think about this as a decentralized exchange for fiat," he added.
While entities exchanging fiat for crypto will still have to comply with KYC/AML laws, TBD will also focus "on a decentralized identity solution" in that regard.
As for regulation, "Navigating financial regulations to make things easy for people has literally been my forte for 7 years. We know what we're up against," assured Brock.
Jack Dorsey and the Square team focused on bitcoin just announced they are going to build a decentralized bitcoin exchange.
We are just getting started as decentralization eats the world.
Brock reassured that the platform will be developed entirely in public and will be open-source with no foundation or governance model that TBD controls. "Permissionless or bust," he added.
While the team is considering RSKSmart to make it Bitcoin-native, top to bottom, because gaps will be too large, they are also open to considering other chains as a bridge.
Some of the gaps are around scalability and cost, which is solved by Lightning with payments, but a similar infrastructure is required for exchanging assets like stablecoins.
"We believe Bitcoin will be the native currency of the internet. While there are many projects to help make the internet more decentralized, our focus is solely on a sound global monetary system for all."
AnTy
AnTy has been involved in the crypto space full-time for over two years now. Before her blockchain beginnings, she worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.
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