This TheNewsCrypto category provides all exchange-related latest news and topics. Stay updated on exchange-related news covering different topics, exchange categories, and price changes. A cryptocurrency exchange matches buyers to sellers enabling users to sell, purchase, trade, and often store their coins and tokens. Each crypto exchange is unique and differs based on the number of listed entries and trading volume. Thus, the section covers both individual crypto exchange updates and aggregated exchanges news.
In addition, cryptocurrency exchanges covered include Decentralized Exchanges (DEX), Centralized Exchanges (CEX), and Hybrid Exchanges. Asset entries listed include tokens, coins, trading pairs, DeFi, and derivatives.
After FTX’s demise, top cryptocurrency exchanges were urged to publish their cold and hot wallet addresses as evidence of reserves to reduce risks and boost investor trust. There was a suspicious movement of 320,000 Ethereum to a wallet address associated with Gate.io on October 21, 2022, as shown by data
At least $1 billion in customer deposits have reportedly vanished from the defunct cryptocurrency exchange FTX, according to a report by the news agency Reuters. Two former high-ranking FTX employees who talked with Reuters have revealed some interesting details about the company. The sources informed that FTX founder and ex-CEO
The demise of the FTX exchange is a big setback for the crypto industry. This fall may continue throughout the foreseeable future, experts say. On the other hand, a prominent Hedge fund has apparently revealed that a significant portion of its money is still trapped on the bankrupt FTX platform.
Transparency about the actual deposits held by crypto exchanges and companies is especially important in light of the failure of significant crypto ecosystems this year, such as FTX and Terra LUNA. Bitfinex, a cryptocurrency exchange, just made public their proof of reserves amidst widespread FUD in the crypto sector. In
The FTX cryptocurrency exchange is seeing millions of funds disappear from user wallets. Nearly $600 million in unusual transactions were recorded in only a few hours, with some withdrawals including a shift from Tether to DAI. Moreover, the drainer is allegedly withdrawing StETH Solana, BNB, LINK, AVAX, MATIC, and other
As crypto.com transitions to Proof Of Reserve, the development occurs, and the preliminary audit shows that Shiba Inu owns 20% of the assets. As the FTX collapse forces every firm to focus on transparency. The majority of firms are shifting to make the firm transparent. As a result, Crypto.com was
FTX has formally declared bankruptcy. Liquidity dried up, user funds were frozen, and competitor exchange Binance pulled up its non-binding deal to purchase FTX, sending the firm from a $32 billion value to insolvency in a matter of days. The processes are entirely optional for Alameda Research and the other
Binance CEO Changpeng Zhao stated that the devaluation of FTX will have “cascading effects” during a conference in India. The CEO thinks a catastrophe is approaching, and the imploding cryptocurrency platform is the first domino. The terrible decline of FTX has been front-page news everywhere this week. More recently, it
In an interview with Bloomberg on Friday, Justin Sun, Tron’s founder, said his team is doing due diligence on a possible purchase of FTX. The primary reasons for the move include ending the FTX liquidity issue and demonstrating industry solidarity. To alleviate the present liquidity crisis, Justin Sun and Sam
On Friday, FTX announced that ETH withdrawals will once again be available on the FTX US platform. In addition, customers who want to withdraw Polygon (MATIC) must cancel all outstanding withdrawals and submit a new withdrawal request as ERC20 MATIC. It was reported on Thursday by FTX CEO Sam Bankman-Fried
