Exchange News

FTX could be preparing to offload more of its Solana holdings, with the latest decision to unstake more tokens sparking fresh selloff fears. According to data from Solscan, 178,631 Solana (SOL) tokens were redeemed from FTX’s staking address and are…

Bitcoin ended Q3 with a modest 0.8% price increase, overshadowed by gold’s significant 13.8% rise, fueled by concerns about the economy and global tensions. As global uncertainties loom, investors are turning to safe havens for stability, leaving Bitcoin (BTC) trailing…

Fairdesk, a Singapore-based crypto exchange launched in 2021, will permanently close on Nov. 30. The decision comes amid shifting market conditions and regulatory changes, according to a company release. Fairdesk built a reputation for offering futures trading, spot trading, and…

Four cryptocurrency companies and 14 individuals have been charged in what U.S. prosecutors describe as the first criminal prosecution targeting market manipulation and sham trading in the crypto industry. The companies involved — Gotbit, ZM Quant, CLS Global, and MyTrade…

The native token of the Ethereum-based restaking protocol, EigenLayer, regained upward momentum, closing the gap with its all-time high. EigenLayer (EIGEN) is up 17% in the past 24 hours and is trading at $4.07 at the time of writing. Its…

BingX announced that normalcy had returned to its embattled crypto exchange, but some users highlighted unresolved issues concerning the KOKO cryptocurrency. According to Vivien Lin, BingX’s chief product officer, the digital asset trading platform has resolved most of the issues…

Binance’s latest proof-of-reserves report shows a notable decline in user assets in September as the crypto market wandered in the red zone. According to Binance’s 23rd PoR report, the exchange’s Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) holdings decreased in…

Crypto’s largest exchange, Binance, lost market share during Red September while competitors captured more user trading volume. According to an Oct. 3 CCData report, Binance spot and derivatives trading volumes declined 23% and 21% each as centralized crypto exchange activity…

Crypto hacks in September resulted in over $120 million in losses, with the top incidents targeting platforms like BingX, Penpie, and Indodax. The crypto space has surpassed more than $120 million in losses in September due to more than 20…

Kraken has acquired Coin Meester B.V. (BCM), one of the Netherlands’ longest-standing crypto broker firms, as part of its European growth strategy. This move significantly strengthened Kraken’s position in the Dutch market and gave it registered Virtual Asset Service Provider…

On-chain data shows increased selloff from Ethereum whales over the past week. But the asset’s price remained bullish. According to data provided by IntoTheBlock, net flows for large holders of Ethereum (ETH) decreased from 85,650 ETH in inflows on Sept.…

Two former Coinbase employees, Vishal Gupta and Patrick McCreary, have launched TrueX, a new cryptocurrency exchange focused on stablecoin trading.  According to a press release, TrueX has chosen PayPal’s PYUSD (PYUSD) as its preferred currency instead of the more widely…

Okto Chain will allocate 1% of its upcoming token to incentivize early builders who start using the Okto software development kit. According to a press release shared with crypto.news, Okto, a blockchain focused on chain abstraction, has launched a Grant…

Whales started taking profits over the weekend, but the bearish momentum seems to have cooled down. According to data provided by IntoTheBlock, the TRON (TRX) large holders’ net outflow declined from 141 million to 8.8 million TRX on Sept. 15.…

Bitcoin’s surge above the $60,000 zone has triggered an uptick in outflows from centralized exchanges as investors expect further bullish momentum. According to data provided by IntoTheBlock, Bitcoin (BTC) witnessed $1.29 billion in net outflows from CEXs over the past…

Whales have started accumulating Dogecoin as bullish on-chain signals surfaced for the largest meme coin. According to data provided by IntoTheBlock, the Dogecoin (DOGE) large holders’ inflow increased by 970% on Sept. 11 — rising from 46.25 million to 493.15…