Bitcoin24h $115,426.68-3.00%

Ethereum24h $3,586.13-2.12%

XRP24h $3.06-5.24%

BNB24h $755.56-3.55%

Solana24h $176.94-7.56%

Dogecoin24h $0.2235-8.83%

TRON24h $0.3114-0.05%

Cardano24h $0.7919-3.85%

Hyperliquid24h $41.22-6.67%

Stellar24h $0.4136-4.83%

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.