#DeFi Protocols Are Surging In Popularity!

Following #FTX's bankruptcy, the majority of DeFi protocols have seen double-digit percentage growth in users and transactions over the last seven days as Ethereum tokens flow off big centralized #crypto exchanges like #Binance and #OKX to decentralized protocols.

Binance is the leading crypto exchange platform in terms of trading volume, having users spread across the globe, outperforming Coinbase, Kraken, Bybit, and OKX in trading volume.

Explore top crypto exchanges that are sculpting our digital economy.



#cryptoexchange #binance #coinbase #kraken #bybit #okx #coinpedia

BREAKING: #OKX Launches #Crypto Powerhouse in Brazil: Staking Rewards and DeFi Magic!"

🔵OKX, the second-largest offshore exchange, expands into Brazil.

🔵Launches a #cryptocurrency exchange and Web3 wallet platform in the country.

🔵Offers attractive features including staking rewards.

🔵Integrates seamlessly with decentralized finance (#DeFi) services.

Read More: https://www.prnewswire.com/in/news-releases/okx-officially-launches-crypto-exchange-and-web3-wallet-in-brazil-301997643.html

#OKX DEX faces #hacking incident, with estimated losses exceeding $400,000 from unauthorized transactions.

OKX DEX promptly responds by removing the compromised proxy address, highlighting security concerns in decentralized exchanges #crypto
https://coinpedia.org/news/okx-dex-falls-victim-to-suspected-hacking-over-400000-estimated-loss/

Ongoing hacking incidents, including Ledger, DOJ's $25M scam, #OKX's $2.7M hack, and more, raise concerns.

'Ledger hacker' exploits phishing, compromising wallets, emphasizing the need for enhanced #crypto security measures.
https://coinpedia.org/news/behind-the-scenes-heres-how-the-ledger-connect-hacker-fooled-users/

Many centralised #crypto exchanges have published their reserves to increase transparency.

#Binance leads top crypto #exchanges with $75.06B in reserves, reflecting its significant market presence and trust, followed by #Bitfinex, #OKX, and others.



#Coinpedia #PoR

#Bitcoin's ETF approval led to a surge, reaching $48,975, but massive liquidation caused a drop to $42,820.

Selling pressure increased post-approval, impacting #Binance, #OKX, and #Upbit, with notable capital outflows reported.
https://coinpedia.org/news/bitcoin-massive-price-drop-amid-bitcoin-etf-approval-binance-and-kaiko-reported/

Unveiling the giants of the crypto arena!

Binance leads the pack with a staggering $18.3 billion in trading volume, while OKX edges into the top 5. Diving deep into the numbers reveals the pulse of the market.

What's your go-to exchange?



#CryptoExchnage #Binance #Coinbase #Kraken #KuCoin #OKX #CoinPedia

Top #CryptoNews In Last 12 Hours


1️⃣ #Bitcoin spot ETFs saw $146M inflow for 9 days. #Grayscale had $80.78M outflow, while other #ETFs gained $226M. Fidelity gained $130M.

2️⃣Hong Kong proposes legislative consultation on #cryptocurrency and fiat currency swaps, License required from the Commissioner of Customs, anti-money laundering supervision, transitional arrangements.

3️⃣ #Binance Launchpool introduces Pixels (PIXEL) game on #Ronin Network. Users can farm PIXEL tokens by staking BNB and FDUSD.

4️⃣ Hong Kong SFC updates crypto exchange license: adds bitV, YAX, Bullish. 16 total applicants; Ammbr, BitHarbour, Meex applications returned.

5️⃣ #OKX launches exchange and Web3 wallet in Argentina, supporting Spanish and local payment methods. President Hong Fang emphasizes regional growth strategy.

6️⃣ Justin Sun transferred $258M worth of stETH to EigenLayer 11 hours ago. His address still holds $301M worth of WSTETH.

7️⃣ SEC's Hester Peirce advocates for a #crypto innovation-friendly safe harbor, proposing a three-year grace period for development teams to participate and create a #decentralized network.

#Crypto #Blockchain

🔵Top #CryptoNews of This Week #Cryptocurrency


1️⃣ #Solana network experienced a 52+ minute outage, halting transactions and affecting smart contracts and projects.

2️⃣ #MicroStrategy boosted #Bitcoin holdings by 31,755 in Q4 2023, reaching a total of 190,000. Revenue dipped 6.1%, but remained profitable.

3️⃣ US SEC introduced rules for #DeFi liquidity providers. DeFi Education Fund criticized. SEC Chair defended changes, emphasizing investor protection.

4️⃣ South Korea enforced new #regulations on #crypto to curb illegal activities, aiming to safeguard assets and protect consumer interests.

5️⃣South Korea investigated #OKX for operating without registration. Crackdown aimed to foster safe, regulated #cryptomarket with stricter enforcement.

6️⃣ #Ethereum prepared for #Dencun upgrade, set for March 13. Expected to improve performance, scalability, could affect $ETH prices.

7️⃣ #Ripple's CTO David Schwartz, in an interview with Tony Edward, founder of Thinking Crypto, suggests a "reasonable chance" of SEC vs Ripple case conclusion this year raising community hopes.

8️⃣ #Hacken discovered a connection between the Ripple chairman's hack and the XRP official wallet. 213 million XRP ($112.5m) was stolen, suggesting someone from inside was involved.

9️⃣ Former #FTX CEO, Sam Bankman-Fried, ordered to appear in court by US Judge Lewis Kaplan on February 21, 2024.

🔟 #Grayscale, a major digital asset management firm, reportedly sold $41 million worth of Bitcoin amid #Bitcoin's price surge.

Rumors swirl about #OKX founder Star Xu under US investigation, reflecting past legal troubles.

Alvin, a Chinese whistleblower, suggests investigations are likely rumors to boost OKB's market strength.

#Crypto #Cryptoexchange #CryptoNews
https://coinpedia.org/news/okx-founder-star-xu-faces-a-rumored-us-investigation-fact-or-fiction/

Top #CryptoNews in The Last Week

1️⃣ #FED kept Interest rates at 5.25%-5.50% for the 5th time. Predicted 2.6% core PCE inflation by 2024

2️⃣ #Bitcoin spot #ETFs saw four days of outflows. #Grayscale's GBTC had $358M outflow. BlackRock's IBIT had $233M inflow

3️⃣ SEC investigates #Ethereum transition to POS. Legal action pursued to classify Ethereum as security

4️⃣ #BlackRock launches tokenized asset fund on Ethereum.Fund backed by cash, bonds, distributed via #blockchain

5️⃣ Nigerian court orders #Binance to disclose user data to EFCC.Binance compliance chief detained in Nigeria

6️⃣ #OKX stops services in India due to regulations. Users asked to withdraw funds by April 30th

7️⃣ Do Kwon faces legal hurdles Montenegrin court orders house arrest, travel restrictions.Extradition halted

8️⃣ #MicroStrategy surpasses U.S. & China in #Bitcoin holdings,now owning 1% of total Bitcoin (#BTC)

9️⃣ SEC files opening remedies brief against #Ripple, documents currently sealed, to be redacted & released by March 26.

📊 Top 5 #Crypto Exchanges by Trading Volume! 🚀💰

1️⃣ #Binance: $14,455,213,259.79
2️⃣ #Coinbase: $1,943,335,963.46
3️⃣ #OKX: $2,042,986,965.06
4️⃣ #Bybit: $4,209,395,735.01
5️⃣ #Upbit: $920,690,331.03

These exchanges are dominating the crypto market with massive trading volumes. Which one is your favourite?

Let us know in the comments.