With world economies falling and dragging down the crypto sector, some crypto projects such as Three Arrows Capital, Celsius, and others, are already in the public eye as failing. According to Sam Ban...
Tag: Exchanges
Alert Traders! FTX CEO Claims Several Exchanges Are On The Brink of Bankruptcy – Coinpedia – Fintech & Cryptocurreny News Media
In a recent interview, FTX CEO Sam Bankman-Fried cautioned people that some tiny crypto exchanges have become “secretly bankrupt,” and more are on the verge of failing. While in conversation with Forb...
SBF claims smaller crypto exchanges will fail soon
FTX founder Sam Bankman-Fried told Forbes that some third-tier crypto exchanges are already insolvent and will fail soon. Bankman-Fried declined to specify these exchanges and said: “There are compani...
Third-Tier Exchanges “Secretly Insolvent,” Says FTX’s Sam Bankman-Fried
Key Takeaways FTX CEO Sam Bankman-Fried has warned that some third-tier crypto exchanges are “secretly insolvent” and that more crypto firm failures could be on the horizon. Despite his fi...
Bankman-Fried Is Looking At “Secretly insolvent” Small Exchanges & Crypto Miners
It’s Sam Bankman-Fried’s moment. The FTX and Alameda Ventures golden boy put both of his companies in a winning position and seems to be carrying the spoils away. The recent Forbes piece about secretl...
Which Exchanges Ascertain the Safety of User’s Funds? – crypto.news
Crypto exchanges are platforms where digital assets are bought, sold, and traded for other cryptocurrencies or conventional fiat money. However, some exchanges are prone to theft and hacks, making it ...
How Crypto Exchanges And Users Can Benefit
The past three decades have witnessed the traditional narrowband Internet era known as Web1 transit to the 5G mobile Internet-led Web2, with this transition came both political and economic landscape ...
PayPal Customers Can Now Move Their Crypto to Other Exchanges
In October of 2020, PayPal made headlines and struck a lot of chords with confident crypto traders by announcing that the platform was going to be selling and providing custody for digital assets. Peo...
Exchanges Announce Support of Airdrop And Launch Of Origin’s OGV Launch
Origin has published a list of twelve exchanges that have responded to support the airdrop and initial launch of the Origin Dollar Governance token, also known as OGV. The airdrop is scheduled for nex...
Bitcoin price dips under $21K while exchanges see record outflow trend
Bitcoin (BTC) sold off into the June 27 Wall Street open as United States equities fell. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $25,000 eyed as bulls’ line in the sand Data ...
Bitcoin Sitting on Exchanges Drops to 3-Year Low
With bitcoin losing nearly half its value at one point a week ago and marking an 18-month low, the asset’s situation seemed gloomy at best. However, there are some positive signs as investors have bee...
Binance Announces New Payments Partner Amid Fiat Deposit and Withdrawal Suspension in Brazil – Exchanges Bitcoin News
Binance has chosen a new payments partner amid the suspension of direct fiat deposits and withdrawals in Brazil. The company stated it will now work with Latam Gateway, a payments processing company t...
Bitcoin balance on exchanges at 3-year low spelling bullish sentiments for BTC
While the cryptocurrency market capitalization remains below $1 trillion and most of its assets still struggle to return to their previous glory, some hope may be on the horizon, at least for the flag...
Binance Launches New Platform for VIP and Institutional Crypto Investors – Exchanges Bitcoin News
Crypto exchange Binance has launched a new platform for VIP and institutional investors. The VIP program allows Binance users to “get rewarded with more discounts and VIP privileges” as their trading ...
India’s crypto exchanges welcome clarification on new TDS rules — Quartz India
The Indian government has brought in some much-needed clarity—and cheer—in the matter of taxing digital token transactions. The union budget for 2022-23 had declared a 30% tax on income from cryptocur...
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...
Indian Investors Could Have Lost $128 Million to Fake Crypto Exchanges: Report Indian Investors May Have Lost $128 Million to Fake Digital Asset Exchanges: Report
Indian investors may have lost $128 million (INR 1,000 crore) to fake crypto exchanges. Most of them were cheated due to a lack of knowledge about safe investments in digital assets. As investors incr...
Coinbase Derivatives Exchange Reveals Nano Bitcoin Futures Product – Exchanges Bitcoin News
On June 27, Coinbase Derivatives Exchange (formerly Fairx exchange) announced it will launch its first crypto derivatives investment vehicle pegged to the value of 1/100th of a bitcoin. The new “nano ...
Bitcoin Worth $2 Billion Taken Off Exchanges Last Week, Are BTC Bulls Back?
According to On-chain analytics site Glassnode, this past week saw a total BTC outflow of 108,200 BTC exactly. This is valued at over $2.2 billion and this huge sum was taken off major crypto exchange...
Indian crypto investors have lost $128 million due to fake exchanges and wallets
? Want to work with us? CryptoSlate is hiring for a handful of positions! Crypto investors in India have lost over $128 million (nearly Rs 1,000 crore) due to a sophisticated phishing scam that includ...
Fake Crypto Exchanges Dupe Indians Out of $128M; Binance Stresses Investor Education
Cyber security firm CloudSEK has revealed in a recent report that Indian investors have lost millions of dollars to fake crypto sites and applications in the wake of current market weakness. Rahul Sas...
Decentralized Crypto Exchanges: RoboApe (RBA), Decred (DCR), and Cronos (CRO) Are Performing Well
Place/Date: – June 22nd, 2022 at 2:04 pm UTC · 4 min read Source: RoboApe Decentralised crypto exchanges, known as DEXs are blockchain-based apps that harmonise large-scale trading of assets bet...
Bitcoin price wicks below $20K as whales send 50K BTC to exchanges
Bitcoin (BTC) saw a dramatic change of mood into June 22 as multi-day highs gave way to a fresh dive under $20,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC could see accumulati...
Cryptocurrency Adoption Would Come To Standstill Without Decentralized Exchanges (DEX)
Bitcoin (BTC) was difficult to acquire or sell in the early years of its existence because of a lack of choices accessible in the sector. To make BTC trades, customers either had to pay exorbitant fee...
Over $2 billion Bitcoin outflows exchanges in a week; What it means for BTC price
In the middle of the cryptocurrency market uncertainties, with the price of major assets switching from trading in the red to green and vice versa, crypto exchanges have recorded massive withdrawals o...
How do Bitcoin Exchanges Operate?
Bitcoin was developed to permit peer-to-peer value exchange in the digital world, just like cash. This implies you can trade bitcoin for whatever you would like, and you can do this without utilising ...
Major Crypto Exchanges Went Offline as Cloudflare Suffered Another Outage
Earlier today, web infrastructure platform Cloudflare suffered another major outage causing half of the Internet to collapse, crippling major communication platforms and crypto exchanges, including Di...
Several Popular Web Services Including Crypto Exchanges Knocked out in Cloudflare Outage
An outage from content infrastructure provider Cloudflare left many popular web services without access for several hours, including several major cryptocurrency exchanges. The outage, which affected ...
Two Top Indian Crypto Exchanges Disabled Withdrawals – What’s Going On?
– Advertisement – The two largest crypto exchanges in India have disabled withdrawals and people are not happy. Speculations are abounding about the two largest and most popular crypto e...