Hotbit: Starting From 04:00 UTC on May 22, All CEX Operations Will Be Stopped. All Users Are Required To Withdraw Their Remaining Assets Before 04:00 UTC on June 21

Cryptocurrency exchange platform Hotbit announced that it will stop all CEX operations starting from 04:00 UTC on May 22, and all users must withdraw their remaining assets before 04:00 UTC on June 21.

Crypto Morning Briefing: Space and Time and Microsoft Make Blockchain Data Accessible on Azure Marketplace

Maple Finance Launches Pool for US Treasury Yields; Trump’s Second NFT Collection Sells Out While Prices On First Collection Plunge; Metacade to List On CEX, BitMart, Opening Up Trading to 9 Million Users

Bybit Introduces Mastercard-Powered Debit Card Days After Halting USD Transfers

Bybit is set to launch a new debit card offering that will allow users to make payments and withdraw cash using cryptocurrency holdings.

Koii Labbs, Idexos Launch Middleware Bridge Aiming To Replace CEXs

Attacks on bridge technology in 2022 led to the theft of $2.5 billion from decentralized finance (DeFi) protocols, according to a report by Token Terminal. While this could have been a setback for many projects and, thus, for the crypto space, it seems to be fueling infrastructure and security developments.

Binance Urges Industry-Wide Action to Boost Trust in Crypto

Binance, the biggest CEX by trading volume globally, was one of the first to recognize the colossal challenge the industry faces.

$70B Gone From Crypto Markets as SEC Cracks Down on CEXs

Bitcoin slumped by over $1,000 in the past 24 hours to a three-week low below $22,000 as the SEC officially went after crypto staking.

Justin Sun Emphasizes the Need for CEX Transparency Following FTX Collapse

The entrepreneur and diplomat who founded the Tron blockchain spoke at a roundtable at Philippine Blockchain Week in November 2022. The discussion inevitably turned to the newsmaking collapse of FTX and the broader implications for the public’s perception of crypto.

Coingecko 2022 Annual Crypto Industry Report

Our comprehensive 2022 Annual Crypto Industry Report covers everything from the crypto market landscape to analyzing Bitcoin and Ethereum, deep diving into the Decentralized Finance (DeFi) and Non-Fungible Token (NFT) ecosystem and reviewing the Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) performance. The key highlights have been summarized below, but be sure to dig into the full 49 slides below.

CEX Risks and How to Mitigate Them

It is important to carefully consider the risks associated with using a centralized crypto exchange and to choose a reputable and secure platform.

Bitget Becomes The First CEX to Launch Copy Trading in the Spot Market

Leading crypto derivatives exchange Bitget announces to be the first exchange to launch copy trading in the spot market. As the first exchange for offering copy trading for derivatives in 2020, Bitget has honed its highly liquid, highly innovative flagship product, One-Click Copy Trade, to deliver a similarly intuitive experience for spot traders in 2023.