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Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity
19.5.2024
Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment. Following this announcement, the exchange token FTT from the defunct trading platform rose above $2 per unit. Astonishingly, despite being tied to...
Eduard Jubany Tur, Founder of ZKX, on Perpetual Futures, DeFi Growth in Asia, and How DeFi Can Democratize Finance | Ep. 333
10.5.2024
Eduard Jubany Tur, the founder of ZKX, a decentralized perpetual futures exchange on Starknet, discusses getting people off centralized exchanges and into DeFi, the growth of the crypto industry in Asia, the region’s key relevance, and differences between crypto users in Asia and the rest of...
My traumatic Apple ID hack showed pitfalls of centralized identity
7.5.2024
A breach of your Apple ID can leave you all but helpless to prevent attackers from poring over and stealing the contents of your life
Crypto Adoption Surges 166% In Middle East As UAE Leads: Bitget
23.4.2024
Crypto is gaining steam in the Middle East as changing cultural attitudes about Bitcoin bring more traders into the region's centralized exchanges.
The post Crypto Adoption Surges 166% In Middle East As UAE Leads: Bitget appeared first on Cryptonews
Andreas Brekken, Founder of SideShift.ai, on Bull Run, Meme Coins, and Ethereum Sharding | Ep. 327
19.4.2024
Andreas Brekken, the founder of SideShift.ai, a platform offering direct-to-wallet trading, discusses buying BTC in 2011, meme coins being beneficial for the crypto space and stress-testing the biggest chains in the sector, multiple markets happening at the same time, and the need to re-examine...
DeFi’s Path to Mass Adoption Goes Through Fintech Firms, Centralized Exchanges, Morpho Labs Chief Says
18.4.2024
Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report
12.4.2024
Driven by the crypto rally, Bitget's Q1 2024 trading volume reached $1.6 trillion, a 100% increase from Q1 2023. The centralized exchange listed 186 new tokens and attracted over 25 million users.
The post Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report...
Uniswap Hits $2 Trillion in Lifetime Trading Volume, Rivals Major CEXes
5.4.2024
Decentralized exchange (DEX) Uniswap has surpassed $2 trillion in lifetime trading volume, rivaling major centralized exchanges including Coinbase.
The post Uniswap Hits $2 Trillion in Lifetime Trading Volume, Rivals Major CEXes appeared first on Cryptonews
‘Trust in Authority’ Sustains Popularity of Centralized Exchanges in Latin America, Says Ricardo Da Ros
29.3.2024
According to Ricardo Da Ros, CEO of the crypto platform Patex, many crypto users in Latin America (LATAM) seem to prefer using centralized exchanges (CEXs) over decentralized ones. He attributes this preference to a culture in the region that “has been built on trust in authority.”...
$SMOG Comes Soaring Onto Centralized Exchanges With New Airdrop
28.3.2024
An incendiary new Solana meme coin called $SMOG is landing on a centralized exchange (CEX) “very soon” as the first season of its airdrop concludes, according to the token’s progenitors’ latest announcement on social media. The SMOG team promises the listing will be a landmark event....
MEXC Addresses Missing Funds Concerns Amidst Allegations of ‘Clawbacks’
7.3.2024
The MEXC exchange denies any accusations that it has arbitrarily confiscated customer money. According to a Coin Telegraph report, several MEXC users have recently complained on social media of random “clawbacks” or centralized withdrawal freezes and liquidations of funds. User...
Bitcoin Spot Trading Volume on CEXes Reaches $34 Billion, Highest Level Since FTX Collapse
29.2.2024
The Bitcoin (BTC) spot trading volume on centralized exchanges (CEXes) has reached the highest level of activity since the collapse of FTX.
The post Bitcoin Spot Trading Volume on CEXes Reaches $34 Billion, Highest Level Since FTX Collapse appeared first on Cryptonews
Cardano’s Hoskinson Stresses on Web3 Social Platforms Over “Unsustainable” Centralized Models
20.2.2024
The co-founder of Cardano Charles Hoskinson called for more development around web3 social media platforms rather than dependence on centralized platforms.
The post Cardano’s Hoskinson Stresses on Web3 Social Platforms Over “Unsustainable” Centralized Models appeared first on Cryptonews
Bitcoin Whales Move $1 Billion Worth of Assets From Coinbase – What’s Going On?
20.2.2024
The amount of Bitcoin (BTC) held on Coinbase has plummeted by almost $1 billion worth of assets as whales move their holdings.
The post Bitcoin Whales Move $1 Billion Worth of Assets From Coinbase – What’s Going On? appeared first on Cryptonews
SEC Chair Gensler Warns of Bitcoin’s Role in Ransomware, Advocates for Centralized Money
14.2.2024
United States Securities and Exchange Commission (SEC) Chair Gary Gensler spoke about Bitcoin, stating that it is the leading market share for ransomware attacks. Despite the agency’s approval of 11 Spot Bitcoin ETFs earlier this year, Gensler has continued to express his disapproval of...
Fordefi Raises $10 Million from Electric Capital, Paxos to Make Retail Wallets Safer
13.2.2024
Crypto wallet provider Fordefi announced today via press release that it has raised $10 million in funding to help bring its institutional-grade crypto wallet to retail platforms. In other words, the company wants to develop its user-owned self custody wallet-as-a-service (WaaS) solution...
Steven Waterhouse, CEO of Orchid Labs, on DePIN, AI, Decentralized VPNs, and Fighting for Internet Freedom | Ep. 307
9.2.2024
Cryptonews’ Matt Zahab recently sat down with Steven Waterhouse, CEO and co-founder of Orchid Labs, an open-sourced, decentralized marketplace for Internet services that aims to provide the building blocks for a better, freer Internet. In a wide-ranging, exclusive interview, the CEO discussed:...
Spot Trading Volumes Hit $1.4 Trillion as Exchanges Record Growth In Fourth Consecutive Month
8.2.2024
Digital asset spot trading volumes continued on a steady rise in January on the back of a spot Bitcoin (BTC) ETF approval by the United States Securities and Exchange Commission (SEC). A new CCData market report shows an increase in market activity as ETF participants notch inflows and traders...
Crypto Trading Hits Busiest Pace Since June 2022
7.2.2024
January saw higher spot trading volume on centralized exchanges amid the approval of spot bitcoin ETFs in the U.S
Jack Dorsey’s Decentralized Social Media Bluesky Removes Invite-Only Restrictions
7.2.2024
Jack Dorsey-backed decentralized social media project Bluesky on Tuesday removed invite-only limitations and granted access to all users. Since its launch in Feb. 2023, the platform used invite codes while experimenting with features such as moderation tools and personalized feeds. Bluesky...