Cypher Protocol reveals $600K of stolen funds is now frozen on CEXs
Solana-based Cypher Protocol has managed to stop around $600,000 of stolen funds from exiting various centralized exchanges.
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CEX trading volumes decline in April after months of growth: Kaiko
After three months of consecutive growth, centralized exchange trading volumes fell to their lowest this year in April.
Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash
The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to funds during crises.
Innovations Help to Substantially Reduce the Gap Between Decentralized and Centralized Exchanges — Dexalot COO
While centralized exchanges are thought to be safer and more efficient, proponents of decentralized platforms like Tim Shan insist that user experience on decentralized exchanges has improved. In addition, inherent…
Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians
Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes…
Proof-of-Reserves Are at ‘Best Incomplete, at Worst Misleading and Deceptive’ Says Crypto Analyst Martin Hiesboeck
While many crypto exchanges have seemingly embraced the use of proof-of-reserves (PoR) to showcase their transparency and reassure nervous users, crypto analyst Martin Hiesboeck insists such so-called proofs are susceptible…
Crypto survived worse than the fall of FTX: Chainalysis
According to Chainalysis, the downfall of FTX is likely to have a relatively smaller effect on the crypto ecosystem than the demise of Mt. Gox.
Vitalik Buterin offers lessons for crypto in wake of the FTX collapse
Ethereum co-founder Vitalik Buterin said the collapse of FTX has illustrated once again that the problem lies in people, not technology.
Bitcoin price may still drop 40% after FTX ‘Lehman moment’ — analysis
BTC price targets now include $12,000, with Ethereum potentially falling to $800 for the pit of the bear market.
Binance CEO Changpeng Zhao Believes Decentralization Is Part of a ‘Gradient Scale’
Changpeng Zhao, founder and CEO of Binance, the biggest cryptocurrency exchange by volumes traded, pondered the importance of decentralization and the relation it has with security and freedom. Zhao stated…