Bybit, a prominent cryptocurrency exchange, has made a bold decision to remove China from the list of countries whose citizens are restricted from using its services. While still maintaining restrictions for countries like the United States, the United Kingdom, Canada, Singapore, and Hong Kong, this move by Bybit has raised eyebrows and speculation within the
Exchanges
Binance, one of the world’s leading cryptocurrency exchanges, has announced its decision to limit the availability of “unregulated stablecoins” in the European Union by June 30. This move is in alignment with the upcoming Markets in Crypto-Assets Regulation (MiCA), which is set to have a significant impact on the stablecoin market in the EEA. Binance’s
Recently, a user who goes by the name “来日方长” (The Future is Long) revealed a troubling security breach involving their OKX account. The user reported a loss exceeding $2 million as scammers were able to obtain all his personal information through Telegram. This allowed the attackers to access his email account, initiate a password reset,
The introduction of crypto-related spot exchange-traded funds (ETFs) in the United States has caused Bitcoin and Ethereum supplies on centralized exchanges to plummet to record lows. Glassnode data indicates that Bitcoin balances on exchanges have dropped to 11.6%, the lowest since December 2017, while Ethereum balances are even lower at 10.6%, the lowest since October
Gemini exchange announced that users of its now-defunct Earn product have received a staggering $2.18 billion in digital assets, representing 97% of the total assets owed to them. This remarkable recovery comes after the collapse of Genesis, a crypto lender that stopped withdrawals in November 2022. The assets were returned in kind, with users receiving
