Search Results for: on-chain exchange

Chinese Crackdown on Crypto May Lead to Divergence between On-Exchange and On-Chain TX Volume, thus Lowering Network Congestion, Fees: Report

As widely reported, China has expanded its ongoing cryptocurrency crackdown. This reportedly includes increasing enforcement against illegal digital currency mining, as well as preventing financial transactions involving crypto-assets. The Chinese central bank also confirmed that any trading, order matching, token issuance and derivatives on cryptocurrencies… Read More

Gnosis Celebrates Launch of On-Chain Wallet Metri

Gnosis, the architects of the fully EVM-compatible Layer-1 Gnosis Chain, this week announced the launch of Metri, an on-chain self-custodial wallet operating within the Gnosis ecosystem, allowing a wider set of users to access a realm of decentralized finance applications. Built on the Gnosis Chain,… Read More

Blockchain Analytics Firm Chainalysis Shares Insights on Tracking On-Chain Activities of Suspected FTC Impersonators

The Federal Trade Commission (FTC) recently issued a key notice, warning consumers of scammers impersonating FTC staff members in “attempts to steal money from innocent victims.” Blockchain firm Chainalysis has analyzed these developments in a comprehensive update. According to the FTC, these scammers typically “fabricate… Read More

Digital Assets: OKX, a Web3 Tech Firm and Crypto Exchange, Releases Proof of Reserves Report

OKX, a global Web3 technology company and crypto exchange, recently announced the publication of its 14th monthly Proof of Reserves (PoR) report, reportedly “demonstrating USD14.9 billion in primary assets backing user funds.” OKX‘s PoR report provides “a comprehensive overview of the reserve ratios for 22… Read More

Binance Labs to Support On-Chain Insights at Scale Across Blockchain Ecosystem

Binance Labs, the venture capital and incubation arm of Binance (which is being sued by US regulators for a wide range of issues along with facing major operational challenges globally) has reportedly invested in $ARKM, the native token of Arkham. Arkham is an AI-powered blockchain… Read More

Singapore’s DigiFT, OKLink to Enable Accessibility of Regulatory-Compliant Real World Assets On-Chain

DigiFT, the regulatory-compliant real-world asset (RWA) exchange, and OKLink, a global provider of Web3 on-chain data and compliance solutions, announced strategic partnership to empower the accessibility of regulatory-compliant RWA on-chain. The two-fold partnership will see DigiFT offering OKLink Trust’s clients “the option to subscribe to… Read More

Digital Assets: Helix Institutional Launches to Provide On-Chain Derivatives Trading

Helix, the decentralized orderbook exchange built on Injective, announces the launch of Helix Institutional, enabling the trading of DeFi derivatives products in a permissioned, KYC-enabled environment. This initiative aims “to usher in a new era of decentralized trading for prominent institutions, allowing them to access… Read More

Chainalysis Explains How On-Chain Data May Help Assess Digital Assets for Opportunity, Risk

Many investors are eager to embrace cryptocurrency, but don’t feel they “have the data to do so safely,” according to an update from Chainalysis. With traditional assets, there are established providers “for a variety of metrics that investors can use to assess opportunity and risk:… Read More

Web3 Adoption: Blockchain Platform Telos Partners with Open Ocean, a Decentralized Exchange (DEX) Aggregator

Telos announces its partnership with Open Ocean, which claims to be one of the widest reaching decentralized exchange (DEX) aggregators in Web3. From swaps and gas-free limit orders to its powerful v3 API, OpenOcean is “an ‘all-in-one’ crypto-companion every crypto user and platform needs.” Through… Read More

DeFi Adoption: Polygon Backs Institutional Decentralized Crypto Exchange (DEX) D8X Deal

D8X, an institutional-grade decentralized exchange (DEX) for derivatives on Polygon zkEVM, announced a $1.5 million pre-seed round with support from Polygon Ventures and various other investors. The capital will help D8X launch “a decentralized derivatives trading platform in the second half of 2023 that provides… Read More

Digital Assets: Bybit P2P Crypto Trading Provides Instant On-Chain Deposits to Clients’ Web3 Wallets

Bybit, which claims to be one of Coingecko’s top-five cryptocurrency exchanges, is pleased to announce that users can now “buy crypto on-chain using Bybit’s peer-to-peer (P2P) trading service.” The P2P enhancement currently “allows for the purchase of USDT using more than 62 fiat currencies, with… Read More

Digital Assets: Bybit Secures License to Operate Crypto Exchange, Custody Services in Cyprus

Bybit, which claims to be the world’s “third most visited” crypto exchange, is pleased to announce that it has successfully obtained a license to operate a crypto exchange and provide custody services in Cyprus. This milestone demonstrates Bybit‘s commitment “to working within regulatory frameworks and… Read More

Fineqia: SEC’s Actions Against Coinbase Could Push Digital Asset Exchanges Outside the US

The Securities and Exchange Commission’s one-two punch attacking Binance and Coinbase – two of the largest crypto exchanges in the world – may push other crypto marketplaces outside the US. As the US has struggled to craft new regulations to oversee the digital asset marketplace,… Read More

Financial Institutions Join Avalanche “Evergreen” Subnet to Support On-Chain Finance Innovation

The Evergreen Subnet, “Spruce,” has been launched with an initial cohort of institutional partners that includes T. Rowe Price Associates, WisdomTree, Wellington Management, and Cumberland. Participating institutions will be using Spruce “as a testnet for a variety of applications and assets to measure the benefits… Read More

DeFi: Violet Launches Mauve, the Decentralized Exchange that Provides Compliance of Traditional Finance

Violet, the provider of privacy-protective compliance and identity infrastructure for Decentralized Finance (DeFi), announced the launch of Mauve, the compliant Decentralized Exchange (DEX) purpose-built “to offer the best of both DeFi and Traditional Finance (TradFi) to the crypto markets.” Backed by $15 million in funding… Read More

Nearly 25% of New Crypto Tokens Launched in 2022 Bear On-Chain Characteristics of Pump and Dump Schemes: Report

Pump and dump schemes in traditional finance are quite simple: Holders of a tradable asset, such as stock in a company, will “heavily hype and promote the asset to other investors, often using misleading statements, causing the price to rise rapidly as new investors buy,”… Read More

Crypto Money Laundering Report: Four Exchange Deposit Addresses Received $1B+ in Illicit Funds Last Year

Money laundering is “crucial” to all financially motivated crime because it’s what enables criminals “to access the funds they generate from their activities,” the team at Chainalysis explains. Otherwise, why commit the crimes in the first place? The same is true in cryptocurrency. The goal… Read More

Yield App Shares On-Chain Finance Roadmap for Haven1 Network

Yield App has announced its roadmap to incubate Haven1, a Layer 1 and EVM-compatible blockchain that “addresses the industry’s growing demand for secure, on-chain finance through its proof of authority (PoA) consensus mechanism.” Set to launch in 2024, the network is “developed by the highly… Read More

Digital Asset Platform NYXEX Obtains Liquidity, Announces Launch of Exchange in 2023

NYXEX, a digital asset exchange that claims it is poised to streamline the industry, is pleased  to announce that it has obtained the necessary liquidity and will be launching in Spring 2023. As an emerging player in the crypto-asset space, NYXEX is committed “to providing… Read More

Digital Assets: Kava, Bitget Exchange Aim to Bring More Traders into Web3

Kava has partnered with cryptocurrency trading platform, Bitget. The partnership includes the KAVA token listing on the Bitget exchange Innovation Zone. By partnering with Bitget, Kava aims “to increase the liquidity of KAVA tokens by making it easier for users to access a wide range… Read More

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