Decentralized Exchange (DEX)

The world's cutest decentralized exchange, Bunni DEX, is facing a harsh reality, after announcing that it will be shutting down operations following an $8.4 million exploit in September, becoming the second DeFi project this week to fold under the pressure of mounting security breaches and financial strain.

BNB, the native token of Binance’s ecosystem, reached a new all-time high of $1,370 on Monday, defying a broader crypto market downturn that wiped out $19 billion in leveraged positions over the weekend.

Coinbase has launched decentralized trading directly in its mobile app, letting U.S. users trade millions of tokens instantly, though New York residents are excluded. The app integrates DEX aggregators 1inch and 0x for non-custodial trading and also offers staking in states where it is allowed.

South Korea’s crypto market is facing a seismic shift — and it has a name: Upbit. The exchange has tightened its grip so dramatically that smaller players are gasping for air, with analysts warning that Korea’s once-competitive crypto ecosystem could be heading toward an irreversible monopoly.

Abracadabra, the DeFi lending platform once hailed for its innovation, is facing what many are calling an “unlucky curse.” For the third time this year, the protocol has fallen victim to yet another sophisticated exploit — this time draining around $1.8 million worth of Magic Internet Money (MIM).

Hundreds of investors — many retirees — are staring at financial devastation after following the advice of a high-profile financial influencer and putting their savings into cryptocurrencies linked to Tokenize Xchange.

Kraken is making a bold move into artificial intelligence with its acquisition of Israel-based Capitalise.ai, a no-code trading automation platform that transforms natural-language commands into executable strategies.

Solana Mobile has started shipping its new crypto smartphone, the Seeker, to over 50 countries after receiving 150,000 pre-orders. The phone features built-in Web3 tools like a secure seed vault and a decentralised app store, offering an alternative to Apple and Google platforms.

PancakeSwap saw a big rise in trading volume, reaching $188 billion in July and leading the DEX market. This growth was driven by new features like lower fees, cross-chain trading, and a partnership with Binance Alpha.

U.S. crypto exchange giant Coinbase is suing a German national for allegedly hijacking its brand through a deceptive website domain