Huobi and KuCoin, two of the world's largest crypto exchanges, have reportedly continued to provide services to customers of sanctioned Russian banks.

Striving to lead by example, Binance has articulated an actionable framework for centralized cryptocurrency exchanges designed to facilitate building public trust in the crypto ecosystem.

Trading volumes on centralized crypto exchanges (CEX) have surged since the beginning of the year. Furthermore, the CEX revival comes just two months after an increase in withdrawals and outflows.

Defi ventures are expected towards becoming more in line with conventional financial models as new users get interested in decentralized technology and its financial goods.

Cryptocurrency exchange Binance has been silently shutting down multiple accounts on the platform in relation to the Bitzlato investigation, according to several users.

Toward the end of 2022, the market saw some FUD (fear, uncertainty, and doubt) surrounding the safety and security of Binance, one of the world’s largest and most popular cryptocurrency exchanges.

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.

Crypto-exchange OKX has released its third monthly proof-of-reserves (PoR) report, confirming that all its reserves are held in bitcoin, ethereum and USDT. This also means that none are held in its native token OKB, with OKX claiming that it has the largest ‘clean’ asset reserves of any major exchange, equivalent to around $7.5 billion.

KuCoin user count and transaction volume on spot and futures markets exceeded 27 million and $3.6 trillion respectively, according to KuCoin’s 2022 Annual Review report.

OKX has $7.5 billion in reserves, and these reserves do not contain its native token, according to a proof of reserves published by the exchange on Thursday.