Altcoin News Official TheBitTimes.com

Infinex, an upcoming decentralized exchange platform under development by Synthetix, has successfully amassed more than $67 million through its recent Patron NFT sale. The Infinex Patron non-fungible token sale, which launched and concluded yesterday, attracted participation from notable venture capitalists, angel investors, and members from the NFT and crypto communities. Infinex Raises +$67M In An NFT Sale In an October 28 blog post, Infinex confirmed the completion of its patron NFT sale with support from leading founders, foundations, VC firms, and communities across the on-chain ecosystem. This fundraising model, which has enabled Infinex to raise more than $67 million, launched its Patron NFT sale on Monday, October 23, 2024, and ended successfully several hours later. We are thrilled to announce the completion of our $67.70M Patron Sale with support from leading founders, foundations, funds and communities across the onchain ecosystem. Infinex is ushering in the next phase ...

This Swiss platform unifies traditional finance experience with DeFi, coining the term “MEX” with its Smart Engine meta-exchange. Crypto gets traditional finance treatment with the Smart Engine, a first-of-its-kind meta-exchange by SwissBorg. Unifying the experience for FX, CEX and DEX trading, Smart Engine has recently integrated with Solana, bringing direct fiat on-ramps for Solana-based projects. The cryptocurrency market is fragmented, with thousands of coins listed on a variety of centralized (CEXs) and decentralized (DEXs) exchanges. This complexity is a barrier to entry for both individuals and institutions from traditional finance. Crypto trading is complex, difficult to use, and requires a deeper understanding of the underlying technology to succeed. Users also need to create new accounts on multiple trading platforms and complete rigorous Know Your Customer (KYC) processes for each CEX just to access a wide range of assets and trading pairs. Even then, getting the lowest sli...