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For Some Reason, Wash Trading Happens on Decentralized Exchanges Too

Wash trading is happening in some instances on Binance DEX and Loopring, showing that decentralized exchanges are not immune to volume inflation. Decentralized exchanges are generally liked for their transparency and lack of custody, reducing the trust requirements in their operators.Many centralized exchanges have been caught in a peculiar type of manipulation used to inflate […]

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Total Crypto Derivatives Volume in Q1 2020 Spikes 314% from Q4 2019’s Average

Total futures trading volume skyrocketed during the first quarter of 2020 in comparison to 2019 data. A study by TokenInsight indicates that the total futures trading volume in the crypto industry reached over $2.1 trillion in Q1 2020. This is an increase of 314% from the 2019 Q4 average.According to the “2020 Q1 Cryptocurrency Derivatives […]

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Binance Enters South Korea, Gets Approval for OkCoin

The growth in the cryptocurrency industry has been made possible by the presence of crypto exchanges, and in that regard, Binance has been one of the most influential. In a new development that should come as a major boost to the crypto sphere, the crypto exchange announced that it is all set to launch its […]