TapSwap a Crypto Project with Telegram Bot Tapping on Solana blockchain

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TapSwap is a new Crypto exchange project that combines the key features of modern DeFi platforms and offers a multitude of new opportunities for its community. The goal of TapSwap is to provide a fast, efficient, and secure way to exchange cryptocurrency, utilizing the advantages of the Solana blockchain. Key Features on TapSwap include: • Mining Bot: This is a telegram bot for mining and the TAPS token distribution. • Staking Rewards: The staking platform for receiving additional rewards. • Decentralized governance: TapSwap token holders have voting rights and can actively participate in the development of the platform. • Profit distribution: The profit distribution system allows token holders to receive a certain percentage of the operations on the platform. TAPS Token TAPS Token is the native token of the TapSwap ecosystem which has begun distributing the token to the community through a bot-tapping mechanism. Total Supply - 1,000,000,000 Telegram Bot Allocation- 150,000,000 TAPS
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Coinbase to Open Office in Chicago

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The giant Cryptocurrency industry Coinbase is preparing to open an office in Chicago and add support for block trading in a bid to attract more institutional clients to GDAX, its professional trading platform.

According to Business Insider reporting that Coinbase will begin offering block trading - which allows traders to place large orders outside of the exchange's normal order book- as it seeks to build out its institutional client base and solve a key pain point for this demographic.

high -volume traders have a difficult time executing orders at conventional cryptocurrency exchanges since large orders can cause significant price swings in markets that remain relatively thinly-traded.

With block trading, orders are circulated to market makers outside of the exchange's continuously-updated order books and transactions are generally published on a delay. These factors help mitigate the effect that large orders have on a cryptocurrency exchange price.


The service will presumably be offered through GDAX, which currently ranks as the world's ninth-largest cryptocurrency exchange, with an approximate daily trading volume of $315 million.

New York-based exchange Gemini, which was co-founded by Cameron and Tyler Sinklevoss, began offering block trading last month.

A variety of other firms offer over-the-counter (OTC) trading for institutional buyers. Goldman Sachs-backed Circle's cryptocurrency trading desk recently double the minimum size for bitcoin orders to $500,000, citing significant demand from the large-scale trader.

Previously, Coinbase announced that it was launching a crypto asset custodial service that will be open to clients seeking to store at least $10 million worth of assets.

The publication also reports that the San Francisco-based exchange operator made the decision to open an office in Chicago due to the city's status as a haven for professional trading firms. Shifting its institutional-focused operations here could help it poach top talent from these firms and develop relationships with traders it hopes to lure to GDAX.

As CCN reported, Coinbase has allegedly internally valued itself as $8 billion, an approximate increase of $6.4 billion from the formal valuation it received last August at the conclusion of its Series D funding round.


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