Centralized exchange


Markets

Crypto.com Delists Tether’s USDT Stablecoin for Canadian Users

The move comes after the Canadian Securities Administrators committed to stronger oversight over crypto exchanges following the demise of FTX.

Crypto.com CEO Kris Marszalek during his YouTube interview (Crypto.com)

Finance

Centralized Crypto Exchange Bybit Integrates Decentralized Exchange ApeX Pro Onto Platform

The move had been “well under way” prior to the collapse of FTX and heightened scrutiny of centralized exchanges.

Bybit is integrating DEX ApeX Pro into its platform. (Claudio Schwarz/Unsplash)

Videos

Is Binance Becoming Too Dominant?

Has crypto exchange Binance become too big? Binance Chief Strategy Officer Patrick Hillmann addresses the concerns around centralized crypto platforms, saying "I don't think it will really be an issue because in the end, it will be DeFi that reigns supreme."

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Markets

Centralized Crypto Exchanges Will Remain Dominant Despite FTX Collapse: JPMorgan

DeFi protocols rely heavily on centralized exchanges to be able to function and it would likely take a long time until price discovery shifts from centralized to decentralized exchanges, the bank's analysts said.

(Shutterstock)

Videos

Kraken Incoming CEO on FTX Fallout

CoinDesk's sister company Genesis Global Capital has reportedly hired an investment bank to explore options, including a potential bankruptcy. Kraken incoming CEO Dave Ripley discusses the potential contagion concerns and the wider impact of the collapse of crypto exchange FTX. Plus, how Kraken differentiates itself from competitors as the centralized exchange model comes under scrutiny.

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