Cryptoverse: Let’s talk about DEX, baby

Published by
Reuters UK

By Medha Singh and Lisa Pauline Mattackal (Reuters) – As the crypto castle crumbles, some true believers say the answer is to double down on DEX. Decentralized exchanges, that is. The spectacular collapse of Sam Bankman-Fried’s FTX, a major centralized crypto exchange, has unleashed a wave of calls for more regulation from mainstream bankers and investors. By contrast, some crypto players are channeling bitcoin creator Satoshi Nakamoto’s original crypto vision by cutting out the financial middleman and taking to decentralized exchanges, where investors trade peer-to-peer on the blockchain. On …

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