CEXs registered a massive surge in usage and balance after USDC’s de-peg Sustained interest in various CEX tokens also recorded a hike Despite the adverse effects of the USDC situation on variou...
Tag: CEXs
USDC CEXs hits 12 month high following USDC depeg event: Messari
USDC available on centralized exchanges has hit a 12-month high despite the recent calamity surrounding the depeg event. (Source: Messari) Coinbase was forced to temporarily halt USDC to USD conversio...
Aave freezes stablecoin trading on Avalanche V3 as activity surges on CEXs
Lending protocol Aave has frozen stablecoins trading and set Loan-to-Value (LTV) ratio to zero in response to recent price volatility on stablecoins after the USD Coin (USDC) depegged on March 11. Ac...
Koii Labs, Idexos launch middleware bridge aiming to replace CEXs
Attacks on bridge technology in 2022 led to the theft of $2.5 billion from decentralized finance (DeFi) protocols, according to a report by Token Terminal. While this could have been a setback for man...
Binance pushes new transparency framework for CEXs
Binance has released a policy paper proposing a detailed, actionable framework of guidelines that centralized exchanges (CEXs) could follow to foster industry transparency, trust, and safety. Indeed t...
$70B Gone From Crypto Markets as SEC Cracks Down on CEXs: Market Watch
Bitcoin slumped by over $1,000 in the past 24 hours to a three-week low below $22,000 as the SEC officially went after crypto staking. Most altcoins are bleeding out just as badly, with ADA, DOGE, OKB...
The Risks of Keeping Bitcoin on CEXs
As the popularity of Bitcoin continues to grow, more and more people are turning to centralized exchanges to purchase this digital currency. Still, it’s important to understand that when BTC tokens ar...
CEXs should adopt DeFi’s transparency
Justin Sun thinks centralized exchanges (CEXs) could learn a lesson from decentralized finance (DeFi). The entrepreneur and diplomat who founded the Tron blockchain spoke at a roundtable at Philippine...
Crypto firm raises millions for Bitcoin mining: Is the tide turning for CEXs
Crypto infrastructure firm Blockstream raised $125 million in convertible note and secured loan financing. Venture capital firm Kingsway Capital led the convertible note rise, with Fulgur Ventures par...
India’s crypto tax could cause CEXs to lose $1.2T trading volume by 2026
Indian crypto exchanges lost around 97.1% of their trading volume between January and October 2022, according to recent research. The report by Indian technology policy think tank Esya Centre studied ...
BTC.com’s Stolen Funds Funneled Through Tornado Cash and CEXs: Report
Prominent cryptocurrency mining pool BTC.com suffered a cyberattack last month that resulted in a significant loss of company and user funds. New details have emerged regarding the whereabouts of the ...
Bitcoin Exchange Outflow on Decrease—Signals Users Trusting CEXs on Recovery
Recent data shows that the 7-day moving average of bitcoin getting out from centralized exchange platforms is on decrease. It appeared that about 986.237 BTC were withdrawn from the exchanges during t...
Oryen Network DeFi Project Launching As People Lose Trust In CEXs Like Huobi (HT) And Crypto.com (CRO)
Join Our Telegram channel to stay up to date on breaking news coverage Trust in crypto exchanges is at an all-time low, especially after recent turmoil surrounding FTX sent shockwaves throughout the c...
Oryen Network Secures All User Funds On Chain Unlike Many CEXs, FTX Declares Bankruptcy Due To Insolvency
With its constant 90% annual percentage yield and 0.177% daily return on investment for holders, Oryen ($ORY) has been experiencing a rapid price increase. Not long after crypto whales like Jim Crypto...
How can CEXs pursue safe practices? Ethereum co-founder shares insights
The FTX collapse has raised significant questions about the credibility of centralized crypto exchanges (CEX). FTX was indeed one of the most popular exchanges in the crypto space, and its meltdown ha...
Vitalik Buterin, Coinbase, Kraken, Binance promote trustless CEXs
The collapse of FTX has severely eroded user trust in centralized crypto exchanges. Most investors have finally realized the importance of owning the keys to their digital assets and have moved record...
CEXs reserve plunges; hits lowest level since 2018 – crypto.news
Following the FTX crash, Crypto Centralized Exchanges(CEXs), are at their all-time low since November 2018. FTX crisis floors centralized exchanges In the wake of the FTX crisis affecting several cryp...
How To Use Kraken exchange ? Why Toon Finance New DEX Will Outperform CEXs ?
Cryptocurrency exchanges are growing in number and popularity as the demand for digital currencies increases. While some people view them as a necessary risk, others see the potential for massive prof...
DEX trading volumes spike as users leave CEXs en masse
Confidence in centralized exchanges seems to have reached a new low following the FTX fallout. Trading volumes across all exchanges have experienced a vertical drop over the weekend, as users rush to ...
Top DEX tokens to buy after CEXs run into liquidity issues
Uniswap (UNI/USD), Stellar (XLM/USD), and PancakeSwap (CAKE/USD) are all decentralized exchanges (DEXs) that feature their native cryptocurrencies. We covered the issues that FTX has been running into...
PORTX Token Goes Live on CEXs and DEXs – Press release Bitcoin News
press release PRESS RELEASE. The team at ChainPort is incredibly excited to update the public about PORTX’s Token Generation Event (TGE). The team has worked tirelessly to develop the most exemplary e...
FTX, Bybit rise in web traffic despite overall traffic drop on CEXs
The ongoing cryptocurrency winter has triggered an overall decline in interest in centralized crypto exchanges (CEX), but some crypto trading platforms have seen a rise in website traffic. A few major...
Binance CEO predicts DEXs will overtake CEXs, top DEX tokens to get early
Uniswap UNI/USD, THORChain RUNE/USD, and Curve DAO CRV/USD are some of the best decentralized exchange (DEX) tokens you can get on July 11, 2022. Changpeng “CZ” Zhao, the CEO of the largest centralize...
ChangeNOW’s Mike Ermolaev on Non-Custodial Wallets vs. CEXs in Forbes Interview
In an interview with Forbes last week, Head of PR at ChangeNOW Mike Ermolaev discussed the topic of crypto security and wallet ownership. The article outlines the main points Mike touched on in the un...
Investors pull Bitcoin from exchanges as BTC on CEXs at lowest levels since 2018
? Want to work with us? CryptoSlate is hiring for a handful of positions! The number of Bitcoins held on centralized exchanges has dropped to the lowest level since 2018, according to information from...
Crypto crash wreaking havoc on DeFi protocols, CEXs
On Monday, a heavy cryptocurrency sell-off in the markets caused significant ripples for projects and entities alike. On popular decentralized finance, or DeFi, lending protocol Aave (AAVE), utilizati...
Report: DEXs on-chain transaction volume surpasses that of CEXs
? Want to work with us? CryptoSlate is hiring for a handful of positions! Decentralized exchanges (DEXs) have seen higher on-chain transaction volumes than centralized exchanges (CEXs) since 2020, Cha...
DEXs Outstrip CEXs in on-Chain Transaction Volume
Decentralized exchanges (DEX) are becoming the go-to method for cryptocurrency investors to trade with on-chain volume consistently outstripping volume on centralized exchanges (CEX). From April 2021 ...
Crypto CEXs vs. HEXs vs. DEXs – crypto.news
Crypto CEXs are centralized exchanges, while DEXs are decentralized exchanges. HEXs are hybrid crypto exchanges of CEXs and DEXs. They serve as the marketplaces for digital assets but differ primarily...
Monero community set to blitz CEXs in coming ‘Monerun’
The Monero community is driving support to withdraw XMR in a coordinated effort called “Monerun” on April 18 in response to “shady practices involving paper Monero,” by centralized exchanges (CEXs). T...
CEXs refuse blanket asset freeze of all Russian users, though questions linger
Centralized exchanges (CEX) and CEOs from companies such as Binance, Coinbase and Kraken have all stated they would only freeze the assets of Russian clients specifically targeted by Western sanctions...