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McAfee’s New DEX Allows Anyone to List Any Ethereum-Based Coin Free of Charge

  • Yuri Molchan
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    The new dex launched in beta by John McAfee allows listing any Ethereum-based coin for free, other platforms to be added when the full version is launched

McAfee’s New DEX Allows Anyone to List Any Ethereum-Based Coin Free of Charge
Cover image via news.u.today

On Monday, October 7, the 'crypto baron' John McAfee launched beta trials of his decentralized exchange McAfeedex. He states that it is entirely safe, since all coins are stored on the blockchain and is immutable to hackers.

Besides, McAfee has stated that (since the exchange runs on Ethereum) anyone can simply add their favorite Ethereum-issued coins for trading free of charge.

As soon as the full version of the dex comes out, more platforms will be added, McAfee promises. Yesterday, he confirmed that one of those will be Justin Sun’s Tron chain.

Users have already started adding various ERC-20 tokens to the new dex and are expressing their joy about it in the comment thread.

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McAfee has also announced that yesterday his team booted some ‘DDoS trolls’ from the exchange.

 

What is your opinion of the decentralized exchange that John McAfee has just launched in beta? Feel free to share with us in the comments below!

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency

  •  Denis Sinyavskiy
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    Former US Congressman Ron Paul shares his thoughts on the possible creation of Fed’s own cryptocurrency

Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency
Cover image via www.123rf.com

Former US Congressman Ron Paul spoke on Fox Business and said that the Fed should not think about creating its own cryptocurrency.

Fed’s Crypto: To Be or Not To Be?

Rumors have been circulating for the past few months about the Fed possibly creating own cryptocurrency. It is expected that a digital coin would become a competitor to its counterparts on the market, and may even replace fiat money. President Patrick Harker, President of the Federal Reserve Bank of Philadelphia, commented on such rumors at a recent conference:

“It is inevitable. I think it is better for us to start getting our hands around it.”

However, there has not been no official follow-up by the Fed towards a crypto exchange. While proponents of this idea believe such innovation is necessary, it is expected that the exchange could stop the current delays involving US bank transfers.

What do the opponents think about the Fed's own cryptocurrency?

The idea of ​​creating the Fed's cryptocurrency has its opponents. This includes Ron Paul, who believes that the Fed is in a better position to stay away from digital coins and allow the private blockchain sector and payment platforms to resolve this discussion in real-time. What the Fed plans to do next is unclear, but the central bank may still enter the game.

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About the author

Starting with a simple interest in cryptocurrency, over the past two years, Denis has worked in a cryptocurrency fund and become an author with an analytical bias. His engineering degree helps with the analysis of the technical part of the cryptocurrency market. As a fan of cryptocurrency, Denis believes that the blockchain technology is the future.

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