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

World Network Continues to Scale, Providing Mini Apps Devs with On-Chain, Verifiable Human Audience

World Network claims that it is scaling steadily, and its growth is having a considerable impact on the “success” of Mini Apps developers. Launches in countries like Brazil have seen global World ID verifications “top 8 million” (8,590,580 as of this writing), while the launch… Read More

Global Fintech Ripple Announces Exchange Partners for Stablecoin Ripple USD

Former FDIC Chair Sheila Bair, Vice Chairman of Partners Capital and former CENTRE Consortium CEO David Puth, and Ripple Executive Chair Chris Larsen have reportedly joined the RLUSD Advisory Board. Ripple, the provider of digital asset infrastructure for financial institutions, announced its exchange partners and… Read More

Chainalysis Provides Insights After OFAC Designates Russian Exchange Cryptex and Fraud Shop Facilitator UAPS, FinCEN Names PM2BTC

On September 26, 2024, the US Department of the Treasuryā€™s Office of Foreign Assets Control (OFAC) designated Russia-based exchange Cryptex and Sergey Sergeevich Ivanov (a.k.a. UAPS a.k.a TALEON), who facilitated laundering “for fraud shops, ransomware payments, darknet markets, and other criminal actors.” Following these developments,… Read More

Anemoy Partners with UK’s Archax, a Digital Securities Exchange, to Add Liquid Treasury Fund to Primary Platform

Anemoy, the asset management arm of Centrifuge, is pleased to announce a strategic partnership with Archax, the UKā€™s first regulated digital securities exchange, broker and custodian to add the Liquid Treasury Fund (LTF) to its Primary Platform. The Liquid Treasury Fund is a short-duration treasury… Read More

Chainalysis Reports Decline in Illicit Transactions On-Chain Despite Rise in Stolen Funds and Ransomware

Chainalysis has released the report, entitled 2024 Crypto Crime Mid-year Update Part 1: Cybercrime Climbs as Exchange Thieves and Ransomware Attackers Grow Bolder As noted in the report from Chainalysis, aggregate illicit activity on-chain “has dropped by almost 20% year-to-date, demonstrating that legitimate activity is… Read More

Digital Assets Exchange Bybit Introduces Digital Rupee as Secure INR Payment Method

Bybit, the world’s second-largest crypto exchange by trading volume, has launched a Digital Rupee (eRupee) as a stablecoin for its INR users. This wallet-based mobile payment solution is now live, “offering a secure and convenient way for users to transact on the platform.” In response… Read More

Digital Assets Exchange Bybit Integrates Fireblocks Off Exchange

Fireblocks Off Exchange enables businesses across the world to trade on centralized exchanges without introducing counterparty risk. Today, theyā€™re sharing that Bybit is the newest exchange to integrate with Off Exchange. Bybit, a crypto exchange, joins Deribit, with further integrations to follow. These include BIT,… Read More

Mt. Gox Repayment Process Appears Controlled, Spread Across Crypto Exchanges, Reducing Likelihood of Significant Short-Term Market Disruption – Report

MatĆ­as Andrade and Tanay Ved have recently shared key takeaways from a Coin Metrics report which noted that Mt. Gox creditors are finally receiving repayments, “with approximately $9 billion worth of Bitcoin set for distribution in July.” As mentioned in the Coin Metrics report, the… Read More

Wholesale Central Bank Digital Currency (wCBDC) Pilot on SIX Digital Exchange to Continue Over Next Two Years

The wCBDC pilot on SIX Digital Exchange will continue over the next two years. The Swiss National Bank (SNB) announced the continuation of the Helvetia Pilot focusing on tokenized securities settlement on SIX Digital Exchange (SDX) in Swiss franc digital central bank money for financial… 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 Trustā€™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 donā€™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 ā€˜all-in-oneā€™ 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 Clientsā€™ Web3 Wallets

Bybit, which claims to be one of Coingeckoā€™s top-five cryptocurrency exchanges, is pleased to announce that users can now “buy crypto on-chain using Bybitā€™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

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