Bitcoin24h $93,940.30+2.95%

Ethereum24h $1,800.56+5.94%

XRP24h $2.24+3.92%

BNB24h $607.26-0.31%

Solana24h $151.73+4.79%

Dogecoin24h $0.1807+5.24%

Cardano24h $0.7080+7.86%

TRON24h $0.2457-0.38%

Sui24h $3.06+25.38%

Chainlink24h $14.99+8.27%

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.