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

Scammers target Google Ads, promote fake version of OTC crypto platform

Google Ads again appears to be promoting a faked version of a crypto website that directs users to a phishing website clone that drains users’ crypto.

Scammers target Google Ads, promote fake version of OTC crypto platform

Google seems to be once again promoting malware crypto websites through Google Ads, an online advertising platform that allows businesses to display ads on Google’s search engine resu...

5 months ago

Avraham Eisenberg convicted in $110m Mango Markets exploit

Avraham ‘Avi’ Eisenberg, a figure in the digital finance sector, was found guilty in relation to a major security breach at Mango Markets, where over $110 million was compromised.

Avraham Eisenberg convicted in $110m Mango Markets exploit

In December 2022, Eisenberg was arrested in Puerto Rico, facing charges of commodities fraud, market manipulation, and wire fraud linked to the Mango Markets exploit. The incident occurred ...

5 months ago

Kraken-backed Nibiru Chain allocates $15m in NIBI tokens to boost developer activity

Smart contract platform Nibiru Chain has unveiled a $15 million initiative in NIBI tokens to fuel its developer ecosystem.

Kraken-backed Nibiru Chain allocates $15m in NIBI tokens to boost developer activity

Nibiru Chain, a proof-of-stake blockchain backed by HashKey Capital and Kraken Ventures, has allocated $15 million in NIBI tokens as part of the so-called Nibiru Builder Gran...

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

ENA plunges 17% amid declining exchange activity

ENA plunges 17% amid declining exchange activity

ENA plunges 17% amid declining exchange activity

ENA is down by 17% in the past 24 hours and is trading at $0.84 at the time of writing. The asset’s market cap fell to the $1.2 billion mark, making it the 68th-largest cryptocurrency....

5 months ago

QCP Capital teams up Further Ventures to expand services in Abu Dhabi

Singapore-based crypto trading firm QCP Capital has signed a strategic partnership agreement with Further Ventures to double down on the Middle Eastern markets.

QCP Capital teams up Further Ventures to expand services in Abu Dhabi

Asia’s crypto trading firm QCP Capital revealed a partnership agreement with Further Ventures, an investment firm backed by Lunate and Mastercard, to dive deeper into the Middle East,...

5 months ago

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