The decentralized finance (DeFi) sector is rapidly growing but still faces significant challenges. For example, one of the biggest issues DeFi must address is Impermanent Loss (IL). This is a problem that can have serious consequences for liquidity providers. Today's review will examine how SMARDEX intends to solve the IL problem and end liquidity providers' unjust losses. We'll also look at all the services that SMARDEX offers and examine the project's tokenomics. What Is SMARDEX? SMARDEX is a project intending…
Acquisition
Binance Purchases CoinMarketCap, The Crypto Tracking Platform
On the 1st of April 2020, Binance announced the acquisition of CoinMarketCap, a renowned crypto data tracking site. As part of the acquisition deal, CoinMarketCap will stay committed to offering the most accurate, quality, and timely crypto data in the industry. However, CoinMarketCap founder Brandon Chez will step down as the company’s CEO. However, Chez will be the advisor for the company, as the current CoinMarketCap’s Chief Strategy Officer, Carylyne Chan, will be the company’s interim CEO. What Industry Players…
3 years ago 
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Binance KR Debuts In South Korea Amid Plans of Binance Acquiring CoinMarketCap
Binance enters the Korean market with Binance KR, a trading platform deploying Binance Cloud Following the launch on April 1, users will be allowed to register and deposit digital assets such as BTC, ETH, BNB, and BKRW Binance continues accusation spree with a nearly finalized deal to acquire digital currency data aggregator CoinMarketCap On March 31, 2020, Binance exchange revealed plans to launch Binance KR, a cryptocurrency exchange platform, to serve the Korean users on April 2, 2020. User registration…
3 years ago 574 views