OKX, Binance and Bybit monthly volumes tripled since late 2023

According to Bybit data, the growth trend of CEXs has failed to overtake the growth rate of decentralized exchanges (DEX), as major DEX Uniswap v3 increased volumes by 320%.

OKX, Binance and Bybit monthly volumes tripled since late 2023

A new report says trading volumes on global centralized cryptocurrency exchanges (CEX) like Binance have spiked significantly since late last year. According to data from the Bybit Ins...

5 months ago

Tether announces restructuring to go beyond stablecoins

With the new divisions, Tether aims to expand its mission to provide a range of new infrastructure solutions, investments and services.

Tether announces restructuring to go beyond stablecoins

Tether — the operator of the eponymous Tether  stablecoin, the world’s largest stablecoin by market value — is restructuring to introduce new divisions beyond st...

5 months ago

Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply

Binance’s billion-dollar emergency fund was previously held in three wallets: Bitcoin, Tether, True USD and BNB.

Binance’s $1B emergency ‘SAFU’ fund now makes up 3% of UDSC supply

The world’s largest crypto exchange, Binance, is converting its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin stablecoin and now holds 3% of its circulating supply.&...

5 months ago

Escaped South Korean Criminal Suspect ‘Used Weapon to Rob OTC Crypto Buyer’

Escaped South Korean Criminal ‘Had Help from Others’

Escaped South Korean Criminal Suspect ‘Used Weapon to Rob OTC Crypto Buyer’

The Ministry of Justice said on April 17 that the suspect was being held at the Seoul Detention Center on fraud charges. The center allowed the suspect to leave in November 2023 to att...

5 months ago

Binance to return to India after paying $2M fine for non-compliance: Report

Binance and nine foreign crypto exchanges were blocked in India over non-compliance with local AML regulations.

Binance to return to India after paying $2M fine for non-compliance: Report

Binance crypto exchange is set to return to India after a four-month ban by paying a $2-million fine for non-compliance, according to a 

5 months ago

Sweden Busts 18 Data Centers for Secretly Mining Crypto

Unreported Income from Crypto Mining in Sweden

Sweden Busts 18 Data Centers for Secretly Mining Crypto

Sweden’s tax agency identified irregularities in 18 locally operating companies, finding that they hid their involvement in crypto mining, it said Wednesday. The i...

5 months ago

Upbit suspends crypto transactions exceeding 1 million won

The suspension of Ten&Ten’s Travel Rule Solution service led to Upbit halting deposits and withdrawals exceeding the equivalent of $721.

Upbit suspends crypto transactions exceeding 1 million won

Upbit — one of South Korea’s largest crypto exchanges — will suspend deposits and withdrawals of digital assets of more than 1 million Korean won ($721). The move com...

5 months ago

Bored Ape NFT floor price hits lowest point in over two and a half years

The Bored Ape Yacht Club collection’s floor price is currently at 11.1 ETH, down 90% from its peak during the roaring NFT bull market.

Bored Ape NFT floor price hits lowest point in over two and a half years

The floor price of Bored Ape Yacht Club (BAYC) nonfungible tokens (NFTs) has fallen over 90% from its peak, down to 11.1 Ether — its lowest point since August 2021. BAYC is ...

5 months ago

Ethereum liquid staking protocol Puffer Finance raises $18M in Series A

The project's TVL surpassed $1 billion within one month of its testnet launch.

Ethereum liquid staking protocol Puffer Finance raises $18M in Series A

Puffer Finance, a liquid staking project built on Ethereum restaking protocol Eigenlayer, has secured $18 million in a Series A funding round to launch its mainnet. According to the Ap...

5 months ago

Blockchain sleuth uncovers identity of PrismaFi’s hacker, who stole $11m

Crypto detective ZachXBT has identified the alleged PrismaFi hacker, exposing their involvement in the $11.1 million theft and subsequent demands.

Blockchain sleuth uncovers identity of PrismaFi’s hacker, who stole $11m

Blockchain sleuth ZachXBT uncovered an alleged attacker behind the PrismaFi hack, which left the protocol without $11.1 million worth of crypto. In a series of X posts, ZachXBT revealed tha...

5 months ago

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