#exchange

Decentralized exchange PancakeSwap has published a discussion proposal to reduce the CAKE maximum token supply from 750 mln to 450 mln.

Cryptocurrency exchange FTX is facing a significant financial burden, shelling out approximately $53,000 per hour on legal counsel for its ongoing bankruptcy proceedings. From August to October 2023, the exchange's new leadership has already expended over $118 million in legal fees.

The excnhage is extending its offering of spot crypto trading on its international exchange as part of its global expansion strategy.

To receive the funds, recipients are required to download a Coinbase Wallet, although the exchange has aimed to simplify this process for users less familiar with technology.

On a specialized forum, an unidentified hacker is selling access to the law enforcement request control panel for the crypto exchange Binance. The price is set at $10,000, payable in cryptocurrencies like Bitcoin (BTC) or Monero (XMR). The validity of this offer has been verified by the analysts at Hudson Rock.

Bitwise, the investment company, is proudly presenting its advertisement for the anticipated spot Bitcoin ETF, pending approval from the U.S. Securities and Exchange Commission (SEC).

Trader Joe, a decentralized exchange, alerts users to the danger of stumbling upon fake websites through Google searches, which masquerade as the exchange itself, often popping up as advertised links in search results.

The cryptocurrency SOL, once championed by Sam Bankman-Fried of the now-bankrupt FTX exchange, has witnessed a remarkable rise, currently priced around $75. At the start of 2023, its cost was approximately $14, indicating an increase of over five times.

Gate users are raising concerns about suspected artificial inflation of trading data, pointing to irregular spikes in volume over the last week. For instance, on December 5, the total trading volume reportedly skyrocketed to nearly $4 billion, a stark contrast to other days where it seldom exceeded $1.5 billion.