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Biturai Trading Wiki
The Biturai crypto encyclopedia: AI-assisted, data-informed, and continuously quality-audited.
Binance-DOJ Settlement 2023 and CZ's Resignation Explained
In November 2023, Binance, the world's largest cryptocurrency exchange, reached a landmark settlement with the U.S. Department of Justice and other agencies.
Cryptopia and Africrypt: A Retrospective on Exchange Insolvencies
The cases of Cryptopia and Africrypt highlight the significant risks associated with centralized cryptocurrency exchanges, from sophisticated cyberattacks to alleged exit scams.
QuadrigaCX: The Exchange Scandal of Lost Keys
QuadrigaCX, once Canada's largest crypto exchange, collapsed in 2019 after its founder's death allegedly rendered millions in customer funds inaccessible.
The 2018 Coincheck Hack: Explaining the NEM Theft
The Coincheck hack of January 2018 saw over $530 million in NEM tokens stolen from the Japanese exchange, marking one of the largest cryptocurrency thefts in history.
The FTX Collapse: Chronology and Lessons Learned
The FTX collapse refers to the sudden bankruptcy of the major cryptocurrency exchange FTX and its affiliated hedge fund, Alameda Research, in November 2022.
The Mt. Gox Hack: History and Consequences Explained
Mt. Gox was a dominant Bitcoin exchange that collapsed in 2014 after losing hundreds of thousands of bitcoins to theft.
Exchange Hot Wallet Hacks: Patterns and Lessons
Hot wallets, while offering unparalleled convenience for cryptocurrency transactions, inherently expose digital assets to a higher risk of cyberattacks due to their continuous internet connectivity.
Squid Router and Axelar: Facilitating Cross-Chain Swaps
Squid Router, built on the Axelar Network, enables seamless token swaps and messaging across different blockchains in a single transaction.
Chainflip: Native Cross-Chain Swaps Without Wrapping
Chainflip is a decentralized exchange protocol enabling direct, native asset swaps across different blockchains without wrapped tokens or bridges.
THORChain for Native Cross-Chain Asset Swaps
THORChain is a Layer-1 blockchain protocol enabling direct, trustless swaps of native assets across different networks without wrapped tokens or centralized intermediaries.
Cross-Chain Swaps: Understanding Exchanges and Bridges
Cross-chain swaps enable the exchange of digital assets between different blockchain networks, overcoming the inherent isolation of individual chains.
Osmosis: The Leading DEX in the Cosmos Ecosystem
Osmosis is a decentralized exchange and automated market maker built within the Cosmos ecosystem, enabling cross-chain trading of various crypto assets.
Understanding Routing and Multi-Hop Swaps on DEXs
Decentralized exchanges facilitate cryptocurrency trades through liquidity pools. When a direct trading pair is unavailable, multi-hop swaps route transactions through intermediate tokens to complete the exchange.
Price Impact vs. Slippage on Decentralized Exchanges
On decentralized exchanges, price impact and slippage are distinct yet related concepts affecting trade execution.
Understanding and Preventing Sandwich Attacks on DEXs
Sandwich attacks are a form of market manipulation on decentralized exchanges where an attacker places orders before and after a victim's transaction to profit from the resulting price movement.
Understanding and Securing Token Approvals for DEX Swaps
Token approvals are essential on-chain permissions granted to smart contracts, allowing them to interact with your digital assets for decentralized exchange (DEX) swaps.
Understanding Gasless Trading on Decentralized Exchanges
Gasless trading on decentralized exchanges allows users to execute transactions without directly paying network fees. This innovation significantly enhances user experience and accessibility in the decentralized finance ecosystem.
DEX Limit Orders and Fixed-Price Swaps Explained
DEX limit orders allow traders to specify a precise price for buying or selling cryptocurrency, enabling fixed-price swaps rather than immediate market execution.
Carbon DeFi: Understanding Range Orders on a Decentralized Exchange
Carbon DeFi introduces advanced trading capabilities to decentralized exchanges, allowing users to define specific price ranges for their liquidity.
Hashflow: The RFQ-DEX with Cross-Chain Bridging Explained
Hashflow is a decentralized exchange (DEX) that employs a Request-for-Quote (RFQ)-model, connecting traders directly with professional market makers.