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Cumulative traffic to exchanges increased by 8% in October — report

The election of a pro-crypto President and pro-crypto lawmakers in the United States has brought renewed attention to the crypto markets.

Cumulative monthly traffic to 20 leading crypto exchanges increased by 8% in October — reflecting heightened investor interest and increasing participation among retail traders heading into the 2024 United States elections.

According to data from ICO Analytics, Pump Fun recorded the highest month-over-month increase in percentage terms — with 100% growth in October. BullX followed behind with a 78% growth in web traffic from September to October, and Uniswap came in third place with a 42% increase.

Binance, WhiteBit, and Coinbase dominated monthly traffic in terms of total visits in October, at 54 million, 33 million, and 30 million, respectively.

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Binance Reveals Strategy to Introduce Crypto to the Next Billion Users

Binance Reveals Strategy to Introduce Crypto to the Next Billion UsersBinance CEO Richard Teng has revealed the strategy the exchange will follow to regain its growth trajectory. Teng stated that the real objective is to attract outsiders to crypto, downplaying the recent decline of Binance in the exchange market. Binance Reveals ‘Compliance First’ Strategy to Recover Market Share Binance, the largest cryptocurrency exchange in the […]

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CZ Reveals His Plan Beyond Binance, Steering Toward Unseen Horizons

CZ Reveals His Plan Beyond Binance, Steering Toward Unseen HorizonsAfter a prison sentence and forced exit from Binance’s leadership, Changpeng Zhao hints at bold, unexpected ventures ahead — charting a path few could foresee. From Prison to Plans: Binance’s CZ Unveils a Future Few Could Predict Binance cofounder and former CEO Changpeng Zhao (CZ) has declared he has no desire to return to the […]

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Coinbase Pledges Millions to Crypto PAC War Chest, Rejects Illegality Allegations

Coinbase Pledges Millions to Crypto PAC War Chest, Rejects Illegality AllegationsCoinbase has committed to donating $25 million to Fairshake, a crypto PAC funded by crypto-linked companies that supports the aspirations of crypto-friendly candidates. The move was criticized by contrarians who alleged Coinbase’s moves are illegal under U.S. laws. Coinbase Pledges $25 Million to Fairshake Crypto PAC Coinbase, the largest U.S.-based cryptocurrency exchange, is moving to […]

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Crypto needs to increase defenses against 654% spike in deepfake scams

Deepfake scams are everywhere, and detecting them with the naked eye is fast becoming impossible. Awareness and education need to be improved.

Opinion by Ilya Brovin, chief growth officer at Sumsub. Ilya is an expert in crypto operations and regulations worldwide and has over 20 years of experience in finance and private quality. He holds a degree in economics and finance and an MBA from Harvard Business School.

Between 2016’s Bitfinex hack, 2018’s Coincheck hack and other controversial incidents in recent years, the crypto industry has faced significant reputational challenges.

In 2024, a new threat emerged: crypto scams featuring celebrity “deepfakes” — highly convincing images of people appearing genuine but who are not. These scams use realistic deepfake images and videos of famous personalities to deceive crypto enthusiasts, leveraging this technology to exploit the unsuspecting, perpetrate fraud and confuse less tech-savvy individuals. 

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Binance Connect Relaunches, Powering Fiat Currencies and 300 Crypto Options

Binance Connect Relaunches, Powering Fiat Currencies and 300 Crypto OptionsBinance relaunches Binance Connect as a fiat-to-crypto gateway, streamlining Web3 transactions and driving global digital asset adoption. Binance Connect Relaunches as a Fiat-Crypto Gateway for Web3 Adoption Crypto exchange Binance announced the relaunch of Binance Connect on Friday, unveiling a significantly expanded fiat-to-crypto service formerly known as Bifinity. Initially introduced in 2022 as a standalone […]

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Wazirx Security Breach: Liminal’s Analysis Points to Deeper Issues

Wazirx Security Breach: Liminal’s Analysis Points to Deeper IssuesLiminal Custody has released an update addressing the allegations and misinformation surrounding the Wazirx security breach. The company clarified that while Wazirx blamed it for the incident, the exchange continued using Liminal’s infrastructure to manage user funds. Liminal emphasized it had no control over the wallets in question and criticized Wazirx for not adopting key […]

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Binance Expands Mobile Money Across Africa — 6 More Countries Gain Access

Binance Expands Mobile Money Across Africa — 6 More Countries Gain AccessCrypto exchange Binance has expanded its reach in West and Central Africa, integrating mobile money payments for cryptocurrency purchases in six countries. This move supports Binance’s goal to boost financial inclusion and make digital assets more accessible. By offering a secure, user-friendly entry into crypto, Binance aims to empower millions across Africa with greater access […]

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Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations

Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA RegulationsItaly plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to […]

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Crypto Firms Eye Top Football League Sponsorships as Gambling Platforms Get Ousted

Crypto Firms Eye Top Football League Sponsorships as Gambling Platforms Get OustedCrypto firms are making a big entrance into the Premier League this year, reaching an all-time high in the money spent on sponsorship deals. These firms, including high-profile crypto exchanges and decentralized finance platforms, aim to replace traditional gambling brands that are being ousted from appearing on the teams’ shirts. Crypto Firms Set to Substitute […]

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