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Here's how centralized exchanges aim to win back users after the FTX collapse
25.11.2022
“We need to stop telling people to trust us and give them an actual reason to,” said Eric Demuth, the CEO of Bitpanda
Bitcoin, Ethereum Technical Analysis: Bitcoin Rebounds, Coinbase Confirms Holding 2 Million BTC
23.11.2022
Bitcoin moved back above $16,000 on Nov. 23, as markets continued to react to the news that Coinbase holds 2 million bitcoin worth $39.9 billion. Centralized exchanges continue to face scrutiny following the collapse of FTX, with many moving to showcase their proof of reserves. Ethereum was also...
Binance CEO urges crypto buyers to 'hold' amid 'unpredictableness'
15.11.2022
Binance CEO Changpeng Zhao (CZ) said people should invest in crypto if they're using "cash that you don't need for a long time" as the market sees high volatility amid FTX's fallout
Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’
9.11.2022
Whistleblower and former NSA contractor, Edward Snowden, has been very vocal about the crypto economy in recent times. After publishing a copy of Bitcoin’s white paper on Twitter on the document’s 14th birthday, Snowden had some words with Craig Wright, the man who claims to be Satoshi Nakamoto....
Binance’s victory over FTX means more users moving away from centralized exchanges
9.11.2022
Binance faces far less competition in the aftermath of FTX’s fall, but it still may not win a surge in new users
Crypto adoption via regulation: Setting rules for centralized exchanges
1.11.2022
While some security issues do exist, major internet outages like the one witnessed across the EU recently cannot really threaten cryptocurrencies or their associated networks
Hodlers prefer centralized exchanges over DeFi for security: Chainalysis
13.10.2022
Security remains a perennial concern for DeFi protocols, but DeFi will still inevitably “grow and flourish,” Bitfinex CTO Paolo Ardoino believes
Solana wallets 'compromised and abandoned’ as users warned of scam solutions
3.8.2022
Solana users have been urged to move their funds to cold storage and be alert to possible scams after a major exploit of thousands of wallets sees more than $8 million stolen
Hardware crypto wallet sales increase as centralized exchanges scramble
6.7.2022
Hardware wallet providers are seeing increases in revenue in this bear market as crypto investors withdraw assets off centralized exchanges
Self-Custody Is More Than a Feature – Dennis Jarvis, CEO of Bitcoin.com
16.6.2022
While markets are going up, people get more comfortable putting their cryptoassets into trusted third parties such as centralized exchanges and centralized lending platforms that promise increasingly enticing returns. The good times never last, though. As markets peak and monetary policy tightens...
Bitcoin Held on Trading Platforms Continues to Drop Lower, Over 68% of the Total Held by 5 Exchanges
22.5.2022
Amid the market carnage tied to Terra’s recent fallout, bitcoin sent to exchanges saw a brief spike on May 7, jumping more than 2% higher from 2.481 million to 2.532 million bitcoin. Despite the recent increase of bitcoin sent to trading platforms, the number of bitcoins on exchanges today...
Leading centralized exchanges extend market share in 2022
12.4.2022
The “top-tier” exchanges as ranked in a report by CryptoCompare increased their market share to 96% in February 2022
Automated order books eliminate DeFi costs and match CEX capability
22.2.2022
DeFi may eliminate the middleman, but this was often at the expense of costly transactions and reduced functionality
Despite Recent Threats From Canadian Officials, ‘Real Crypto’ or Decentralized Assets Cannot Be Frozen
20.2.2022
Over the last week, there’s been a lot of discussion about Canada ‘freezing’ digital currency accounts that are associated with the Canadian trucker’s Freedom Convoy. Amid the topical conversation, it should be stressed that decentralized cryptocurrencies like bitcoin...
Crypto Trading Volumes Are Shifting to Decentralized Ecosystems; Can Centralized Exchanges Keep Up?
26.11.2021
The crypto industry has significantly evolved in the past decade, with Bitcoin setting the stage for other cryptocurrencies like Ethereum and Dogecoin. However, the biggest shift has been the mass migration to decentralized exchanges (DEXes) following the debut of protocols such as Uniswap...
$1.2B in Ether withdrawn from centralized exchanges in record daily outflow
17.9.2021
More than $1 billion worth of Ether has been withdrawn from centralized exchanges within a 24-hour period. It's the second time this year and the price went vertical last time
DEXs could see demand boost as regulators target centralized exchanges
7.8.2021
From indictments against figures behind BitMEX to banks blocking transactions, and then Binance, some CEXs are under pressure. Is this an industry-wide phenomenon?
Bitcoin outflows from centralized exchanges surge to 100K BTC monthly
3.8.2021
Centralized exchanges have experienced their heaviest week of Bitcoin withdrawals since November 2020
Nigerian Crypto Exchange Boss: CBN Directive Led Shift of Trades From Centralized Exchanges to Black Market Exchanges
1.8.2021
It has been more than six months since the Central Bank of Nigeria (CBN) directed banks to stop serving customers from the cryptocurrency industry. While the measure appears to have succeeded in removing crypto entities from the banking ecosystem, the policy has however led to the growth...
Traders are withdrawing 2,000 BTC from centralized exchanges daily
13.7.2021
Surging BTC outflows from centralized exchanges suggest the Bitcoin markets could be in an accumulation