Decentralized Exchange Software

Aver, a decentralized peer-to-peer betting exchange built on the Solana blockchain, has raised $7.5 million in seed funding, the betting and crypto platform announced on Monday. Aver bills itself as “the world’s first fully-decentralized Web3 betting platform.” The round was led by Jump Crypto which, along with its affiliate Jump Capital, is “a key player in both the crypto and sports betting venture capital domain,” according to a press statement announcing the seed funding. “At Jump, we are excited about the future of Web3, sports betting, and the confluence of these two areas,” said Peter Johnson, Partner at Jump Crypto. “We believe Aver’s approach to decentralized sports betting can increase transparency, reduce costs, and enable operations at a global scale.” The seed round will be used to help bring the betting platform to market, as well as to fund development legal regulatory operating costs, explains Aver. The platform expects to launch “in mid-2022,” after a closed beta in th...

The crypto market has been bearish for the past few days and Investors have cut most cryptocurrencies including Bitcoin from their portfolios to avoid volatile assets while considering the low side of global markets due to the hawkish Federal Reserve, expecting higher interest rates. The Cardano roadmap is currently focusing on several updates to optimize and scale the network, hoping to achieve faster transactions and adopt the layer 2 Hydra solution, as its partner company Input Output just announced a promising scaling update that is supposed to increase Plutus script memory units per transaction to 12,5 million. About Ravendex Ravendex is on a mission to build and develop cutting-edge De-Fi Tailored solutions and also a decentralized exchange on Cardano Blockchain. Read more: https://www.digitaljournal.com/pr/cardano-based-decentralized-exchange-ravendex-readies-for-staking-launchpad-platform-release-2#ixzz7JABRQlL9 Why Build A Decentralized Exchange? A decentralized Exchange treat...

 Centralized Exchanges May Lose More Market Share As Decentralized Exchanges Become More Accessible in the crypto world. Your friend has convinced you to start investing a chunk of your salary in blue-chip cryptocurrencies. But how do you go about it? Should you use Uniswap or Binance? On a more fundamental level, should you use a Centralized Exchange (CEX) or a Decentralized Exchange (DEX) to buy Bitcoin or Ether? You may be advised to proceed with a CEX because it is easy. However, a greater revolution awaits DEXs' widespread adoption. DEX v. CEX: A Fair Comparison There is no denying that CEXs are user-friendly, cheaper, and perhaps even quicker than DEXs. However, using CEXs involves a major compromise - ownership! Unlike DEXs, CEXs do not allow users to retain complete custody of their assets, given the fact that there is a third party necessary to execute the trade. With a DEX, however, the custody of the asset, that is, the ownership, is retained by the user throughout the e...