centralized Exchanges

The fervor surrounding cryptocurrencies continues to grow, with North America spearheading institutional activity in the crypto sector. A research report by Chainalysis reveals that 76.9% of North America's cryptocurrency transaction volume is spurred by transfers of $1 million or more. This...

Crypto trading platform Hotbit announced it will cease operations starting May 22, urging its users to withdraw their funds before June 21, 4 a.m. UTC. Hotbit shared in a public statement that its business environment worsened following an investigation into a former team member back in August...

CNHC Group, the creator of the CNHC stablecoin that is linked 1:1 to the offshore Chinese yuan, has successfully raised $10 million in a Series A+ equity funding round. Leading the investment was KuCoin Ventures, a cryptocurrency investment firm, alongside Circle Ventures and IDG Capital. According...

Venture capital firm Pantera Capital, which manages around $3.8 billion in assets, predicted decentralized finance (DeFi) would be the future of the crypto market. In a letter to investors titled "The Year Ahead," the company's CEO and co-CIO Dan Morehead said, "...

Billionaire and cryptocurrency investor Mark Cuban has predicted that the next scandal to hit the crypto industry will be related to wash trades on centralized exchanges. There are "tens of millions of dollars in trades and liquidity for tokens that have very little utilization," Cuban...

Talk about an angry tweet. The United States Bankruptcy Court in the Southern District of New York slapped the founders of Three Arrows Capital, a failed crypto hedge fund, with a subpoena on the social media platform Twitter. Liquidators served the subpoena to Three Arrows founders Kyle Davies and...

Amid an extended crypto winter, some 44,444 Bitcoin (CRYPTO: BTC) have been taken off exchanges in the last month, according to statistics from Coinglass. That's a staggering $745 million. Investors continue to express concern about the reeling crypto market, which was made worse by the FTX (...

The U.S. stands out as the predominant top performer in terms of the absolute number of crypto users on centralized exchanges, with a market share higher than 9%, states a recent research. What Happened: According to the Huobi Global Report 2022-2023, the traffic rate for centralized exchanges and...