0x News and Price Overview: ZRX +10% in last 24 hours. Version 2.0 of 0x Protocol Upcoming. Saturday, July 28
Important 0x Protocol News
Version 2.0 of 0x Protocol
The developers behind 0x project have brought multiple updates regarding features and the technical side in the new version of the protocol. 0x v2 is already live on Kovan Test Net and relayers are beginning to test it. There are two audits coming soon to make sure there are no bugs or errors in the code and it is estimated that the mainnet will officially and fully launch around August and September.
In the blog posts update about development, they announced that tools for v2 were published and that they updated the needed libraries: "I'm happy to announce that we've refactored all our libraries to work with V2 of 0x protocol!" Moreover, "In addition to the release of the RC packages, we've also re-deployed the V2 contracts to Kovan"
DDEX hosts Bug Bounty Program
DDEX, which is a decentralized exchange application, or to be exact - a relayer. It runs as a hybrid model decentralized relayer for Ethereum and ERC-20 tokens and utilizes both hydro protocol and the 0x protocol. In order to improve their project and incentives the community, they will be hosting a bug bounty program: "DDEX's highest priority is to ensure a safe and reliable trading experience. To further enhance our platform's security and overall robustness, we are introducing our "DDEX Bug Bounty Program". This program encourages the responsible disclosure of potential security vulnerabilities."
The rewards vary based on the level of the found bug. If it is an essential vulnerability, the finder can get even up to $10,000. Minor bugs will be rewarded with $100.
ZRX Price Analysis
The price of ZRX token has been very fluctuative and volatile lately. While taking a look at the price chart, one can notice the daily price amplitudes, where ZRX could go from $1.06 to $1.16 in a matter of hours, just to fall down to $1.08 and recover to $1.15 the same day. The most notable price spike happened between July 27th and 28th. Due to the slight market correction, most of the cryptocurrencies experience some price drops. The token fell from $1.15 to $1.06, only to make a huge jump above $1.20 and beyond. It is currently trading for $1.22 and it seems that the trend is rather upwards.
ZRX/USD Price Chart, Saturday July 28th:
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