Exchanges

Recently, crypto exchange Bybit announced that it would be terminating its services in France due to regulatory issues. The French regulator introduced new developments that Bybit struggled to comply with, particularly in terms of licensing requirements. This move left French users disappointed and unable to access Bybit’s platform. The French Financial Market Authority (AMF) previously
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In a surprising turn of events, the Solana network has outpaced Ethereum in monthly decentralized exchange (DEX) volume for the month of July, according to data from DefiLlama. Solana’s DEX transactions reached an impressive $55.8 billion, surpassing Ethereum’s $53.8 billion for the same period. This marks Solana’s second-highest monthly volume, with March 2024 holding the
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Recently, there have been allegations made against popular cryptocurrency exchange Coinbase regarding potential breaches of campaign finance laws. The claims, put forth by crypto researcher Molly White, suggest that the exchange’s $25 million donation to Fairshake, a crypto Super PAC, may have violated regulations surrounding political contributions. According to White, the timing of Coinbase’s donation
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Coinbase, one of the leading cryptocurrency exchanges, reported impressive total revenue of $1.449 billion for the second quarter. This figure exceeded the market consensus estimate of $1.396 billion, showcasing the exchange’s strong performance in generating income. The total income for the same period last year was $674.1 million, indicating a significant year-over-year growth in revenue.
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Zoomex distinguishes itself from other cryptocurrency exchanges by prioritizing user anonymity. Unlike many platforms that require extensive KYC verification, Zoomex does not mandate this process. This unique stance on privacy allows users to trade with confidence, knowing that their personal data remains private and secure. This approach appeals to traders who value their anonymity, simplifying
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WazirX, a prominent cryptocurrency exchange, recently experienced a sophisticated cyber attack on its multi-signature Ethereum wallet. The attack, which took place earlier this month, raised significant concerns within the crypto community. Although the exchange initially attributed the hack to an issue with its custody service provider, Liminal, subsequent investigations revealed a more complex scenario. The
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The recent announcement by crypto exchange Bitstamp regarding the return of recovered digital assets to creditors of the defunct Mt. Gox exchange marks a significant milestone in the decade-long effort to compensate those affected by the infamous 2014 hack that ultimately led to Mt. Gox’s collapse. This development signifies progress in the restitution process and
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