2020-9-3 16:07 |
Secretive market maker Jump Trading has made an undisclosed investment into decentralized exchange Serum, which only launched last week. origin »
|
The price of Serum (SRM) has plummeted nearly 8% amidst a brewing court battle between Jump Trading’s subsidiary, Tai Mo Shan, and the FTX bankruptcy estate. The dispute between Tai Mo Shan and FTX bankruptcy estate centers around an unresolved loan agreement involving a massive 800 million SRM tokens, a transaction that has now become […]
Cryptocurrency news since the collapse of FTX earlier this month has featured more and more on the impact of the implosion on other businesses. As we reported earlier today, crypto lender BlockFi filed for bankruptcy, with FTX’s collapse the main factor behind it.
Maps.me, a DeFi initiative run by Alameda, and Oxygen, a related effort, said their tokens are locked in FTX.
Serum SRM/USD is a decentralized exchange software that is built on Solana. On this DEX, traders can buy or sell cryptocurrencies, and the SRM token is the native utility token that enables holders to receive discounts on their trading fees.
Serum SRM/USD remains under pressure; the price of this cryptocurrency fell from $13.95 to $6.7 since 11th September 2021, and the current price stands at $7.33. Technically looking, the risk of further decline still persists, and if you decide to buy this cryptocurrency at the current price, you should use a “stop-loss” order because the […] The post Is Serum (SRM) a good buy opportunity after a recent sell-off? appeared first on Invezz.
Serum SRM/USD has advanced from $2.4 above $3.8 since July 21, and the current price stands around $3.5. Fundamental analysis: 90% of the remaining tokens will unlock in the next six years Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to DeFi while remaining fully trustless and […] The post Serum (SRM) price analysis: is now a good time to buy this cryptocurrency? appeared first on Invezz.
A recent Solana hackathon generated unique ideas leveraging the blockchain's architecture.