9 tháng 7, 2021

💫 Your weekly update from Digitex HQ

Hey Digitexers,
We hope you've all had a great week. Over the last few days we've been busy improving the Digitex exchange, and we've had a number of other exciting developments across the rest of our ecosystem too. Read on to learn more about our upcoming changes to the exchange, first users on Blockster, and more.
Digitex developers update
With Digitex's rapid growth, we quickly learned that we'd need to refactor our code as we added new products and functionalities. We had to rebuild the software, and our developers have also made a crucial change to our supported blockchains. Read our latest blog post to learn more.
We also opened Blockster for our first few hundred users this week. Early BXR investors were invited to try out our new crypto social platform, and we'll be gathering their feedback. Don't worry if you haven't received an invite or bought into BXR yet—the token is now available on Phase 5 of our sale at a price of $2, and you can still sign up to the Blockster waitlist. We've received a staggering 275,000 registrants so far, so we're amped to see the network come to life. Community is everything in crypto, and we think Blockster is already off to a killer start.
Uncertainty grips the market

We know that many traders are opting for liquidity mining and yield farming strategies at the moment, and that brings us onto the market itself. Uncertainty continues to characterise the landscape, with both BTC and ETH both trending sideways. However, many DeFi tokens and the NFT-based game Axie Infinity have soared this week, which is a bullish development for the Ethereum ecosystem. 


One of the biggest challenges of the moment is the regulatory pressure the industry is facing. Many regulators worldwide have been placing intense scrutiny on one of the biggest crypto companies in recent weeks, while China's crackdown on the space continues. Nonetheless, we believe that crypto is here to stay, and if the industry is prepared to work with regulators, the space should mature in a healthy way. 

 

We're not sure if the bull market is back yet, but as ever, you can trade with zero fees whether things are moving up or down on Digitex. That's it from us, but we'll be back with more news and updates for you next week.

Cheers,
The Digitex Team
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