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Research reveals Binance’s shrinking market share in CEXs

According to recent data released by 0xScope, Binance, the world’s largest cryptocurrency exchange, is facing a decreasing market share, where it currently sits at 51.2%.  Other major players like Huobi, Gate and KuCoin have also experienced declines in their market shares during the same time period. A steady rise The Nov. 6 report highlights that

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CoinGecko reports top CEXs, Kucoin falls out of top 10 

The world’s largest independent cryptocurrency data aggregator, CoinGecko, shared its 2023 Q3 Crypto Industry Report, highlighting the updated ranking for top centralized exchanges (CEXs). While Binance leads, KuCoin, the self-proclaimed “people’s exchange,” was edged out of the previous top 10 rankings. Binance still leads According to the Oct. 26 tweet, the top 10

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Cypher Protocol reveals $600K of stolen funds is now frozen on CEXs

Solana-based decentralized futures exchange Cypher Protocol has managed to freeze $600,000 worth of crypto stolen from an Aug. 7 security exploit.In an X (Twitter) post on Aug. 18, Cypher Protocol reported that more than half of the funds stolen have been successfully frozen across centralized exchanges with the help of

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Most Crypto Sent From Wallets Sponsoring Russia in Ukraine War Reaches CEXs, Binance, Research Shows – Exchanges Bitcoin News

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.

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Aave freezes stablecoin trading on Avalanche V3 as activity surges on CEXs

Lending protocol Aave has frozen stablecoins trading and set Loan-to-Value (LTV) ratio to zero in response to recent price volatility on stablecoins after the USD Coin (USDC) depegged on March 11. According to the Aave's governance forum, the trading freeze follows an analysis from DeFi's risk manager company Gauntlet, recommending that

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Koii Labbs, Idexos launch middleware bridge aiming to replace CEXs

Attacks on bridge technology in 2022 led to the theft of $2.5 billion from decentralized finance (DeFi) protocols, according to a report by Token Terminal. While this could have been a setback for many projects and, thus, for the crypto space, it seems to be fueling infrastructure and security developments.At

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PORTX Token Goes Live on CEXs and DEXs – Press release Bitcoin News

press release PRESS RELEASE. The team at ChainPort is incredibly excited to update the public about PORTX’s Token Generation Event (TGE). The team has worked tirelessly to develop the most exemplary ecosystem token for the next-generation cross-chain bridge. Since its launch last year, ChainPort has created a new standard as

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