Karura, the Polkadot implementation of the Acala protocol, has launched its decentralized exchange (DEX) platform, Karura Swap.According to the announcement issued on Friday, the DEX platform is now live, with KSM/KAR being the first trading pair on the exchange.Per details provided by the announcement, Karura Swap has gone live with an initial total value locked north of $3.4 … [Read more...] about Karura launches decentralized exchange on Polkadot and Kusama
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Italian finance regulator issues warning on Binance crypto exchange
Italy’s securities market regulator, the Italian Companies and Exchange Commission (CONSOB), has issued a statement, in which it said that Binance Group and affiliated companies are unauthorized to provide investment services and operate in Italy.The regulator specified that the warning refers to Binance.com, the main website of the global crypto exchange. CONSOB went on to … [Read more...] about Italian finance regulator issues warning on Binance crypto exchange
3 reasons why Ethereum exchange reserves are falling to new lows
Over the past week, astute crypto market analysts noticed some interesting developments related to the supply of Ether (ETH) as the network's August 4 London hard fork approaches.Recent data from CryptoQuant, an on-chain analytics firm, indicates that the amount of Ether held in cryptocurrency exchanges' reserves has hit new daily lows since the start of July.Ethereum all … [Read more...] about 3 reasons why Ethereum exchange reserves are falling to new lows
Ethereum exchange flow is falling, what does this mean?
Data compiled by Chinese journalist Colin Wu shows a sharp drop over the weekend in Ethereum reserves held on exchange wallets.The trend has continued downwards over the course of this week, leading some to ask, what is going on with the second largest cryptocurrency?Source: Twitter.comWhat is signaled by dwindling Ethereum exchange reserves?Analysis by Wu Blockchain of … [Read more...] about Ethereum exchange flow is falling, what does this mean?
Bitcoin exchange supply hits a 6-month low as accumulation continues
The amount of Bitcoin (BTC) held on exchanges has been declining steadily since mid-May, offering reassurance that the worst of the market selloff has passed. At current levels, Bitcoin’s exchange supply is at its lowest level since early January, according to crypto analytics firm Santiment. “The 6-month low is a promising sign, as it generally will indicate that there is a … [Read more...] about Bitcoin exchange supply hits a 6-month low as accumulation continues