Bitcoin24h $102,177.25+0.29%

Ethereum24h $3,452.10+1.45%

XRP24h $2.28-0.53%

BNB24h $986.64-0.58%

Solana24h $159.28+0.07%

TRON24h $0.2897-0.94%

Dogecoin24h $0.1756-1.92%

Cardano24h $0.5631-2.16%

Hyperliquid24h $39.91-3.33%

Chainlink24h $15.47-0.86%

Gate.io to compensate users for outage losses — but there’s a catch

Gate.io promised to compensate users for losses caused by its exchange outage “excluding market factors,” whatever that means.

Are crypto exchanges whitewashing compliance with KYC bonuses?

Crypto exchanges have a curious practice of paying their customers USDT bonuses to submit their ID cards for KYC purposes.

Hong Kong-headquartered BitForex has stopped withdrawals after it saw outflows of over $56 million late last week.

In many cases, hackers are opting to skirt their way around exchanges’ know-your-customer procedures when funding their accounts.

Bit24, Iran’s fifth-largest crypto exchange, reportedly leaked 230,000 users’ KYC data, including ID photos and credit card information.