With Solana’s staking market booming, centralized exchanges like Binance and Coinbase are reaping the rewards, leveraging their position to maximize staking and trading revenues.

Binance saw a sharp decline in spot and derivatives trading, marking its lowest market share in four years. Is this the inevitable readjustment as it falls into regulatory line? Or has the company seen too much upheaval?

The 2023 Global Crypto Adoption Index report from Chainalysis shows that South and South-East Asia are leading the way in grassroots crypto adoption. Countries with low-mid income tend to show a higher level of adoption.

Hotbit crypto exchange announced it was to cease operations in May, following an investigation last August that led to a loss of user funds. The period for withdrawing any remaining funds ended on June 30, leaving many users out of pocket.

The Bitrue cryptocurrency exchange had one of its hot wallets compromised. About $23 million was lost as a result.

Binance.US is to purchase Voyager Digital assets for $1 billion. Previously, FTX US had won the auction for the assets of Voyager Digital.

Binance users are massively withdrawing their funds from the platform amid the collapse of the FTX exchange.

Earlier it was reported that the entire collapse of FTX could have been the result of hacking. But, is it true? Let's figure it out.