Homeland Security Warns Bots Are Exploiting Decentralized Exchanges

The U.S. Department of Homeland Security has warned that arbitrage bots are exploiting inefficiencies in decentralized exchanges (DEX). Citing recent research from Cornell Tech, the department said on Monday that such platforms are being used by “predatory users” to profit from everyday trades, “siphoning millions or possibly billions of dollars a year in cryptocurrency.” In some […]

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OKEx Crypto Exchange Is Building a Blockchain, DEX to Come Soon

Crypto exchange OKEx said it plans to launch a decentralized exchange (DEX) on its own blockchain. The Malta-based company announced Friday that its operations team has been developing a blockchain called OKChain, which will provide the underlying tech for its “first” decentralized exchange, OKDEx. OKChain is currently at the “final” development stage, the company said, adding […]

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Coinsquare Acquires Decentralized Cryptocurrency Exchange StellarX

Canada-based cryptocurrency exchange Coinsquare has acquired decentralized exchange (DEX) StellarX. Announcing the news on Thursday, the firm said the purchase comes it acquired stellar wallet BlockEQ last December. That product will be rebranded to become the “anchor wallet” for the StellarX platform going forward. Coinsquare did not disclose the cost of the acquisition. StellarX is a […]

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