Cryptocurrency Exchange OKX Coming Out With Layer 2 ‘X1’ Built on Polygon Technology

2023-11-15 19:22

The OKB token will be used for gas fees on the new chain, which comes as rival crypto exchanges including Coinbase and reportedly Kraken are pursuing their own layer-2 projects.

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Turkey Updates Cryptocurrency Regulation Amid Payments Ban and Collapsing Exchanges

The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rule adds crypto trading platforms to the list of entities covered by anti-money laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. The Official Gazette […]

2021-5-3 10:30


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Ethereum Classic Under Close Monitoring for Potential Delisting by Major Crypto Exchanges

Several crypto exchanges are monitoring Ethereum Classic to decide whether to delist the coin after its recent two major 51% attacks that saw the network lose over $5.6 million in double-spending. Both attacks, which took place between July 31 and 6 august saw the hacker make off with 807,260 ETC. The high sophistication level of […]

2020-8-19 00:22


Researchers Expose Key Security Weaknesses on Crypto Exchanges That Need to Be Addressed

During Wired’s Black Hat Security Conference, held on Aug. 6, Aumasson and Shlomovits discussed three key flaws on crypto exchanges storage of users’ funds. According to their research, crypto exchanges are time and again falling to these weaknesses due to weak or failure to correctly implement the security protocols.

2020-8-11 19:48


Decentralized Exchanges Have Tripled in Volume Since 2018, But Are They Ready for Mass Adoption?

It’s no secret that centralized exchange platforms are prone to a wide range of security issues, with billions lost over the last decade in exchange hacks. Decentralized exchanges provide traders with the ability to control their own crypto while they trade and are growing rapidly — but the DEX model still needs work. The crypto […]

2019-8-28 08:39