Exchanges

Coinbase, a leading cryptocurrency exchange, recently reported total revenue of $1.449 billion for the second quarter. This figure surpassed the market consensus estimate, showcasing a robust financial performance for the company. Comparing this to the same period last year, where total income was $674.1 million, it is evident that Coinbase has experienced significant growth in

The world of cryptocurrency trading is witnessing a significant shift, with decentralized exchanges (DEXs) now surpassing centralized exchanges (CEXs) in trading volume ratio. This milestone was recently highlighted by Uniswap founder Hayden Adams, who pointed out that DEX market share is currently at an all-time high relative to CEX. The rise of DEX trading volumes

Zoomex has revolutionized the crypto exchange market by prioritizing user anonymity. Unlike many other exchanges that require extensive KYC verification processes, Zoomex does not mandate KYC. This approach ensures that users can trade confidently, knowing their personal data is secure and private. The emphasis on privacy appeals to traders who value their anonymity in the

WazirX conducted a preliminary investigation and found no evidence to suggest that the machines of WazirX signers were compromised during the recent cyber attack on its multi-signature Ethereum wallet. This attack, which occurred earlier this month, has raised concerns within the crypto community. Despite initial speculation that the hack was due to an issue with

Bitstamp, a prominent crypto exchange, has recently started the process of returning recovered digital assets to creditors of the defunct Mt. Gox exchange. This development signifies a major milestone in the decade-long effort to reimburse those affected by the infamous 2014 hack that ultimately led to the collapse of Mt. Gox. Bitstamp is collaborating with

Following a significant exploit that resulted in the loss of nearly half its assets, India-based centralized exchange WazirX is actively seeking partnerships to restore full operations. In a social media post on July 23, the exchange’s co-founder, Nischal Shetty, shared the development and informed users that the team is working on a solution to help

The crypto industry is currently in a state of anticipation as speculation grows around the possibility of a second Donald Trump presidency. With Trump vowing to end President Joe Biden’s ‘crusade against crypto,’ the industry is holding its breath to see how this political shift could impact their operations. However, while there is excitement within

Binance US has recently received legal permission from a US court to invest certain customer fiat funds that are currently being held at BitGo. The exchange sought court approval to invest approximately $40 million in increments of $10 million over the course of four weeks. These investments will be directed towards US Treasury Bills, with

In a recent security breach at India-based crypto exchange WazirX, Liminal, a multiparty computation (MPC) wallet provider, stated that its infrastructure was not compromised. The breach, which resulted in an estimated $235 million loss, was attributed to compromised devices within WazirX’s network. The post-mortem report released by Liminal on July 19 clarified that the breach

Cyvers Alert, a blockchain security firm, recently reported a significant security breach at the Indian exchange WazirX. According to Cyvers, their system detected multiple suspicious transactions involving WazirX’s Safe Multisig wallet on the ETH network, resulting in a total loss of $234.9 million. The funds were moved to a new address, with each transaction’s caller