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Money laundering in cryptocurrency typically involves two types of on-chain entities and services. Let’s look at some of the money laundering trends we saw in 2022.
We have summarized the data performance of the exchange industry over the year and selected the top 10 centralized and decentralized exchanges, hoping to get a clear picture of the changes over the year and the competition in the exchange market through the changes in data.
2022 was unquestionably a challenging year for everyone in the blockchain and crypto space, including us. In the face of major headwinds, we remained steadfast in prioritizing user experience, products with real-world value, and — most importantly — a healthy, sustainable path forward for the entire industry.
There are over 500 registered exchanges that are running and supporting $ billions of trading per day. Why there are so many exchanges? What’s the difference between different exchanges? This article will try to answer those questions.
Wash trades on the twelve Tier-2 exchanges are estimated to be more than 80% of the total trade volume, which is still over 70% after accounting for observable exchange heterogeneity.
The recently arrested Mango Markets exploit architect orchestrated his scheme using a crypto exchange account verified using the credentials of a Ukrainian woman.
With all the hurdles in the crypto market today, is it possible that Binance will suffer the same fate as FTX, Celsius, Voyager, BlockFi, Vauld, Hodlnaut, Three Arrows Capital, Alameda Research and others?