Unizen Grows Its CeDeFi Exchange, Adding ZCX/USDT Trading Pair Into The Mix
CeDeFi exchange platform Unizen is adding new options for holders of its utility token with the addition of the ZCX/USDT trading pair on its platform. Unizen is the operator of a smart exchange platform that’s focused on marrying centralized and decentralized exchanges, a concept known as CeDeFi. Its platform operates under customary financial regulations yet also plays nicely with modern innovations within the world of decentralized finance. Through Unizen, traders get to access the liquidity of centralized exchanges and the unique functionality of various DeFi apps, along with the best....
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It has just been announced that Unizen will be working together with Jun Capital in order to form CeDeFi Alliance, a crypto non-profit that will focus on compliance within the centralized decentralized finance (CeDeFi) sector. What actually is CeDeFi? CeDeFi is one of this year’s biggest trends in the blockchain industry. It brings the benefits […]
Unizen now has all the incentive it needs to further the cause of centralized-decentralized finance, having secured a $200 million funding commitment from the alternative investment group Global Emerging Markets. Unlike traditional funding rounds that sees startups grab a huge mountain of cash to spend as they see fit, GEM provides a part of the […]
The alternative investment group is banking on the “CeDeFi exchange” to shape the “future of finance” with a commitment that will bolster Unizen’s ecosystem. Cryptocurrency exchange Unizen has scored a $200 million investment from private equity group Global Emerging Markets (GEM) which it will use to expand its business and its ecosystem.Rather than receiving the $200 million in funding all at once, Unizen noted on June 27 that the investment will come in the form of a “capital commitment’, with part of the funding released upfront and the rest will be provided later based on achieved....
CeDeFi is a new financial system that combines centralized and decentralized systems. It provides privacy, reduced fees and ease of use. What are the disadvantages of CeDeFi?Currently, CeDeFi’s main downside is the high learning curve associated with its protocols because of their complexity. The concept is still young, and more intuitive and user-friendly interfaces are bound to emerge over time.CeDeFi also relies heavily on Ethereum, given that most CeDeFi protocols are still built on the Ethereum blockchain. If Ethereum fails, CeDeFi will likely fail as well. However, this risk is....
With over $20 billion lost in DeFi due to vulnerabilities and improper auditing techniques, a lot of questions have been raised. Some are about the latest centralized and decentralized finance (CeDeFi) trend and how it can enhance the decentralized finance system (DeFi) that has gone mainstream by over 20% since 2020. Big game players and organizations have taken a huge step to implement this proposition. They’ve provided a more flexible option for developers to build scalable products using blockchain technology. However, this move will prove to be a game-changer. Prior to now, most....