Trading Volume of Decentralized Exchange Aggregators Surges to New Highs ⬆️

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ROI Overload is a daily radio show/video podcast show focused on the latest in trending topics in business, tech, finance and startups hosted by Scott D. Clary (@scottdclary).

Available in audio (roioverload.sounder.fm) or video (youtube.com/c/scottdclary).

Welcome to Roy Overload daily business, tech and finance news. I'm Scott declary. This is what's making news today. Trading volume of the centralized exchange aggregators surge to new highs ebay accidentally bands some user accounts, California is consuming half of the oil coming out of the Amazon rainforest, and he crypto investment platform stacked just to to your thirty five million bucks. Let's jump right into it. So over the past few weeks, the trading volume on some of the most famous decentralized exchanges, or DEX, has they've reached new highs. The most prevalent DEX aggregators to experienced surge in the last month, where one inch, Paris swap and zero x. According to the firm Dune analytics, or over, the total volume of these three decks aggregators is hit a cumulative weekly all time high of six billion dollars in the last week loan. It means fifty percent growth since the beginning of November. Among the centralized exchange aggregators, one inch is gaming market share. Currently one inch holds fifty percent market share, followed by zero X, which is quickly catching up to one inch, with forty two percent recorded market share at the start of December. Data from...

Dune showed that on December five zero extra past one inch in terms of daily volume share, with forty nine percent compared to forty three point seven percent. According to zerox tracker, it is processed three billion in volume over the last seven days. Over all, these stats indicate that more and more traders are turning to DEX aggregators to seek out the best rate for token swaps. Next Story. Ebay accidentally banned some user accounts. So on December third ebay accidentally suspended a few user accounts. The e commerce marketplaces acknowledge the issue, saying that users who are accidentally banned had received a notification so they can resolve the problem. Soon after the issue, several social media users started blasting out on twitter other social media platform saying they were banned from Ebay despite not actually violating any rules. A few users also claim that EBA canceled their bids on products they had already purchased, some of which were with the buy it now feature, which use it means US can buy that product out right. In justification for these bands, the users said that they got an email from ebase,...

...saying that they put the Ebay community at risk. However, when users contact at ebay customer service, the bands were upheld, though no additional information was provided as to why they were banned. Although ebay has acknowledge the issue, it's not clear as to how many users were accidentally banned, but we can presume it was a mass suspension that caused or that was caused by some sort of glitch and Ebay's algorithm, given the amount of negative sentiment online. Next Story. California is consuming half the oil from the Amazon rainforce. So, according to a new reports shared with the NBC News, California contems more oil from the Amazon than any other state in the nation. Findings from the report by the Environmental Group Stand Dot Earth and Amazon huch revealed that on average, one and every seven tanks of gas, diesel or fuel pumped in southern California last year came from the Amazon rainforest. The report further stay a states that amongst the top twenty five largest corporate consumers are companies such as Costco, Pepsico and Amazon. The not the forest, the the actual organization. The report...

...claims at half of the oil drill in the Amazon is and chipped to the state of California, a large portion of which is sent to the nation's top through your fineries, Marathon, Chevron and Valera, which are all located in the state. Overall, the US is the biggest consumer of oil taken from beneath the Amazon on the planet. The report says that about ninety percent of the crude oil extracted from the Amazon comes from Ecuador, and sixty six percent of that oil is then exported to the United States. And lastly, the CRYPTO investment platform stacked just secure thirty five million bucks. So stacked is a crypto investment platform. They've raised thirty five million bucks in a series a funding round. The finding was code led by by bit and bit Dow partner Morana Ventures. Alongside Alameda. The round also saw participation from fidelity international strategic ventures, drw venture capital, alumni ventures and jump capital. Founded in two thousand and nineteen by Joel Birch, stacked is a US based automated cryptocurrency investment platform enabling anybody to invest in Crypto crypto indexes, access trading bots and automate port...

...folio management. Platform is automated. Over ten billion dollars worth of transactions for tens of thousands of new investors in two thousand and twenty one. In addition to start up is also secured a registered investment advisor status with the US sec this year, in part preparation to widen its product offerings. To start up makes money by charging a percentage fee on transactions in its two sided open market place which sells automated trading strategies. Stack will use the latest proceeds to double its forty person employee based in the next six to eight months and invest in user acquisition, growth and marketing. And in other news from around the Internet, the metaverst based virtual land sales are dominating nft sales in the last week so, according to data from non fungiblecom, there has been more than three hundred million dollars in nft sales over the past week. The data further shows at almost a quarter of the total sales went to digital land in the metaverse sandbox. And lastly, can you based community led marketplace? Parity raises two point eight five million dollars. Pretty is a Co community led market place.

They have raised two point eighty five and it's seed funding round. The round is led by Harlem capital and also include a participation from better ventures, accelerate adventures, diverse angels, Avg, Base Camp and new general market partners. anyways, that is it for today. Hope you enjoyed if you found value in this, share this with one other person. They can go subscribe for daily business, Tech and Finance News and newsletter dot Roy overloadedcom. Have a great day. I'll see it tomorrow.

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