Exchanges

Decentralized exchanges (DEX) on the Solana blockchain have experienced significant growth, surpassing the trading volume of Ethereum for the first time on December 16. This development highlights the increasing adoption and strength of Solana’s smart-contract-enabled ecosystem. Although Ethereum has since regained its dominance, the brief flip serves as a testament to the flourishing decentralized finance
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The U.S. Treasury’s Office of Foreign Assets Control (OFAC) recently reached a settlement with cryptocurrency exchange CoinList regarding violations of sanctions related to Russia and Ukraine. Over a two-year period, CoinList processed 989 transactions worth $1.25 million from users residing in Crimea, a disputed region that was annexed by Russia in 2014. OFAC deemed this
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Coinbase International, a prominent cryptocurrency exchange, is set to launch spot trading for Bitcoin (BTC) and Ethereum (ETH) on its platform on December 14th. This move is part of Coinbase’s global expansion strategy, aimed at catering to a broader range of users and enhancing liquidity. The company plans to pair these top cryptocurrencies with the
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Binance, one of the largest cryptocurrency exchanges, experienced a significant decline in its Bitcoin balance during the month of November. According to the latest proof of reserves report, the exchange’s Bitcoin balance dropped by over 23,000 BTC, or roughly 4%. This decline directly correlates with the regulatory issues Binance faced with U.S. authorities. The report
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