Binance derivatives market share shrinks to 2020 levels as CEX trading slumps
While Binance and other centralized exchanges saw activity decline in September, Crypto.com witnessed its trading volume reach an all-time high. Go to Source
CEXs
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BNB Chain introduces gasless stablecoin payments initiative
BNB Chain partners with major CEXs and wallets to introduce gasless stablecoin transfers, enhancing cross-chain liquidity. Go to Source
PancakeSwap integrates Zyfi for gas-free DeFi trading
The simplified trading experience could help PancakeSwap attract a larger market share from centralized exchanges. Go to Source
Alex Labs freezes $3.9M of exploited funds sent to CEXs after hack
The team behind the Bitcoin layer-2 developer has successfully frozen some exploited crypto after the attacker tried to cash out by sending funds to exchanges. Go to Source
Most Crypto Sent From Wallets Sponsoring Russia in Ukraine War Reaches CEXs, Binance, Research Shows
Millions of U.S. dollars’ worth of cryptocurrency has been sent to centralized exchanges (CEXs), most notably Binance, from wallets providing funds in support of Russia’s war effort in Ukraine, transaction data suggests. According to Ukrainian analysts, the money was transferred to the crypto trading platforms in order to be laundered. Over 90% of Pro-Russian Crypto … Read more
We Must Expedite the Move From Centralized Services to Viable DeFi Alternatives
There is a reason centralized exchanges have dominated despite being antithetical to crypto’s core tenets. The following opinion editorial was written by Bitcoin.com CEO Dennis Jarvis. The gross mismanagement and outright fraud in 2022 by many opaque centralized exchanges are driving people back to the core tenets of crypto, such as decentralization, self-custody, transparency, and … Read more
CEXs refuse blanket asset freeze of all Russian users, though questions linger
If Western sanctions ramp up, CEXs may be forced to ban all Russian users from using their services, as they have previous done in Iran. Go to Source Powered by WPeMatico
DEXs growing faster than CEXs but Binance still sees 171M visitors in a month
According to Chainalysis data the number of DEX’s doubled between Q1 2019 and Q3 2021, while the amount of CEX’s stayed around the same. Go to Source Powered by WPeMatico
