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CEXs – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 03 Oct 2024 16:35:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png CEXs – DIGIT INFO https://www.digit.info 32 32 Binance derivatives market share shrinks to 2020 levels as CEX trading slumps https://www.digit.info/binance-derivatives-market-share-shrinks-to-2020-levels-as-cex-trading-slumps/ Thu, 03 Oct 2024 16:35:00 +0000 https://www.digit.info/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.

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BNB Chain introduces gasless stablecoin payments initiative https://www.digit.info/bnb-chain-introduces-gasless-stablecoin-payments-initiative/ Wed, 18 Sep 2024 10:00:55 +0000 https://www.digit.info/bnb-chain-introduces-gasless-stablecoin-payments-initiative/

BNB Chain partners with major CEXs and wallets to introduce gasless stablecoin transfers, enhancing cross-chain liquidity.

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PancakeSwap integrates Zyfi for gas-free DeFi trading https://www.digit.info/pancakeswap-integrates-zyfi-for-gas-free-defi-trading/ Tue, 11 Jun 2024 11:59:00 +0000 https://www.digit.info/2024/06/11/pancakeswap-integrates-zyfi-for-gas-free-defi-trading/

The simplified trading experience could help PancakeSwap attract a larger market share from centralized exchanges.

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Alex Labs freezes $3.9M of exploited funds sent to CEXs after hack https://www.digit.info/alex-labs-freezes-3-9m-of-exploited-funds-sent-to-cexs-after-hack/ Fri, 17 May 2024 21:04:31 +0000 https://www.digit.info/2024/05/17/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.

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Most Crypto Sent From Wallets Sponsoring Russia in Ukraine War Reaches CEXs, Binance, Research Shows https://www.digit.info/most-crypto-sent-from-wallets-sponsoring-russia-in-ukraine-war-reaches-cexs-binance-research-shows/ Thu, 30 Mar 2023 22:04:58 +0000 https://www.digit.info/2023/03/30/most-crypto-sent-from-wallets-sponsoring-russia-in-ukraine-war-reaches-cexs-binance-research-shows/ Read more]]> Most Crypto Sent From Wallets Sponsoring Russia in Ukraine War Reaches CEXs, Binance, Research ShowsMillions 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 […]

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We Must Expedite the Move From Centralized Services to Viable DeFi Alternatives https://www.digit.info/we-must-expedite-the-move-from-centralized-services-to-viable-defi-alternatives/ Mon, 23 Jan 2023 22:00:06 +0000 https://www.digit.info/2023/01/23/we-must-expedite-the-move-from-centralized-services-to-viable-defi-alternatives/ Read more]]> We Must Expedite the Move From Centralized Services to Viable DeFi AlternativesThere 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 […]

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CEXs refuse blanket asset freeze of all Russian users, though questions linger https://www.digit.info/cexs-refuse-blanket-asset-freeze-of-all-russian-users-though-questions-linger/ Fri, 04 Mar 2022 19:45:00 +0000 https://www.digit.info/2022/03/04/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.

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DEXs growing faster than CEXs but Binance still sees 171M visitors in a month https://www.digit.info/dexs-growing-faster-than-cexs-but-binance-still-sees-171m-visitors-in-a-month/ Fri, 12 Nov 2021 00:04:58 +0000 https://www.digit.info/2021/11/12/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.

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