Paxful CEO Promotes Self-custody and Warns Against Crypto Exchanges

While some executives chose to double down on ensuring the security of funds on their platforms, Ray Youssef, CEO of crypto exchange Paxful, backed the idea of self-custody. Case For Self-custody The case for self-custody strengthens as investors demand proof…

Billionaire TV Show Investor Vows to Retain Funds In Crypto Exchanges Despite FTX Crash

Cold storage, in Sharktank investor Kevin O’Leary’s opinion, is not an option for him or for businesses that had to maintain a particular percentage of industry exposure. The kind of liquidity they would require for the day-to-day functioning of their…

FTX Collapse Triggers Massive Run On Exchanges Pushing Bitcoin to Self-Custody Wallets

According to data reviewed by CryptoSlate, after the FTX collapse, investors are shifting significant quantities of Bitcoin (BTC) to their self-custody wallets and leaving Ethereum (ETH) to invest in stablecoins. BTC Rushes to Self Custody The amount of very liquid,…

EU Sanctions Get Russian Journalists and Activists Kicked Off Crypto Exchanges

Russian users of the cryptocurrency exchanges LocalBitcoins, Crypto.com, and Blockchain.com have been advised to withdraw money from their accounts as services will soon be halted for them. Fresh Set Of Sanctions The European Commission last week issued a fresh set…

Mastercard launches Crypto Secure to assist banks to determine the risk of crime associated with crypto exchanges

MasterCard, the payment network giant, has launched a first-of-its-kind technology solution named Crypto Secure.  It is designed to bring security and trust to the crypto and digital ecosystem. It aims to bring a new level of trust to crypto purchases…

Crypto Exchanges in India Face Resistance from Banks

Over the past few years and most specifically with the CONID-19 pandemic cryptocurrencies have become an increasingly popular mode of investment and trading in India, where Indian youth have become more enthusiastic about it. As the younger generation is more…

ETH Deposits May Run Out In 48 Hours As Exchanges Haemorrhage the Token Fast

According to CryptoQuant, the amount of Ether being held in exchanges has gone down tremendously in the last 48 hours. Data from CryptoQuant also indicates that only 8.1 million ETH is currently in the custody of exchanges at the moment…

UN: North Korea has been Robbing Banks and Crypto Exchanges to Fund Weapons Programs

According to a confidential UN report, North Korea is funding its weapons of mass destruction program with cryptocurrency and Fiat currency stolen from banks and exchanges. The report that was seen by Reuters was apparently researched by “independent experts” and…

Indian Crypto Exchanges set their Sights on New Markets

Crypto exchanges in India such as CoinDCX and WazirX are now setting their sights on global markets after one of the country’s leading exchanges Koinex, shut down operations last week citing an unclear regulatory framework in the country. Cryptocurrency exchanges…

New Survey Shows that Half of Millenial Crypto Investors Prefer Crypto Exchanges Over Stock Exchanges

According to a new study published by investment platform eToro on Feb 19, nearly half of millennial traders have more trust in digital currency exchanges than in the United States (US) stock market exchanges. As per the Eltoro report, 43…