Bitcoin24h $109,504.71-0.08%

Ethereum24h $4,016.94+1.55%

XRP24h $2.78+0.99%

BNB24h $963.25+2.13%

Solana24h $204.21+4.14%

Dogecoin24h $0.2331+3.25%

TRON24h $0.3383+1.19%

Cardano24h $0.7908+2.00%

Hyperliquid24h $44.18+3.84%

Chainlink24h $21.05+2.73%

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.