Digital Currency Exchange News

The trader claimed to have outperformed MEXC’s external market makers and been sidelined for being “too profitable.”

Hyperliquid processed $319B in trades last month, accounting for the majority of DeFi perpetual futures volume as decentralized exchanges gain traction.

The Indian crypto exchange announced a recovery program of up to 25% for ethical hackers who can help recover the stolen stablecoins.

Taiwan-based exchange BitoPro confirmed an $11.5 million crypto exploit weeks after the breach, saying user funds and withdrawals were unaffected.

Thailand’s SEC has ordered Bybit, 1000X, CoinEx, OKX and XT.COM blocked nationwide, citing unlicensed operation and money-laundering concerns.

KuCoin CEO BC Wong told Coinpectra that some regulators might be using regulation to drive away global players and pave the way for domestic trading platforms.

MEXC aims to invest $60 million annually in Web3 infrastructure, prioritizing strategic partners and AAA-level projects.

The firm said it had chosen a “cease and retreat” strategy in response to allegations that the Lazarus Group laundered funds stolen in a $1.4 billion exploit of Bybit.

Amazon’s AWS powers some of the world’s leading crypto exchanges with high-throughput cloud infrastructure for crypto trading, presenting a central point of vulnerability.

Binance is set to launch LDUSDt, a new reward-bearing margin asset that users can obtain by swapping USDt from its Simple Earn product, emphasizing that it is not a stablecoin.

Centralized exchanges remain vulnerable to massive breaches, but with self-custody evolving, people can protect their crypto holdings with advanced security features.

Centralized exchanges face a Kodak moment: Adapt to an open-access model or risk being left behind as decentralized exchanges gain traction.

FTX’s $1.2 billion repayment is seen as a significant liquidity event for the industry that may bolster cryptocurrency valuations.

Relying solely on VASP licenses and superficial compliance policies isn’t enough.

The SEC argued that Kraken’s defenses about the major questions doctrine are a “due process fail as a matter of the law.”