Latest Crypto Exchange News and Insights | Yellow.com

The 2017-established web3 and blockchain technology firm Nadcab Labs is changing the crypto landscape of India with its crypto exchange solutions. The company helps businesses in India to enter the cryptocurrency market by helping them adopt cryptocurrencies or launch crypto exchanges. This Indian cryptocurrency exchange development company is building on the country’s interest in digital assets. Nadcab Labs thinks the 200 million online banking service users in India can easily be driven towards crypto transactions if the crypto system unlocks the financial market’s full potential. The company has helped businesses with cryptocurrency solutions like secure wallets, multicurrency support, liquidity management and real-time trading insights, It also helps with other crypto exchange solutions like OTC trading and yield farmings along with KYC/AML integration and multi-layered security protocols. The primary advantage of Nadcab’s crypto exchange solution is its rapid deployment capability which has the ability to launch a fully functional exchange for small to medium-sized businesses (SMEs) in just 30 days, a good turnaround time to be successful in the fastpaced crypto market. According to a Grand View Research report, the global cryptocurrency market size is expected to reach USD 4.94 billion by 2030, growing at a CAGR of 12.8% from 2022 to 2030. This growth is driven by the increasing adoption of blockchain technology and rising investments in venture capital.

The 2020-established blockchain data analysing company Arkham Intelligence Inc. is all set to change the landscape of cryptocurrency trading with the launch of a new crypto derivatives exchange next month. The Sam Altman and Binance Labs-backed crypto startup is moving its base to Punta Cana in the Dominican Republic from New York and London. The crypto startup is moving beyond usual blockchain analysis with the launch of this crypto derivatives exchange. As the company seeks to establish a trading platform, it is leveraging the free trade zone benefits of the Dominican Republic including the tax exemptions. The news has already taken the crypto market by storm, resulting in a 19% surge of Arkham’s native token ARKM to reach $1.52, ultimately causing a market capitalisation of $344 million. At present, the crypto startup runs a platform that analyzes blockchain data and provides insights on entities involved in crypto activities. Arkham Intelligence has made a timely move to enter the crypto derivatives space as the industry leader Binance, one of its investors, is facing regulatory challenges while FTX has collapsed. Crypto Assets Data and Index provider CCData revealed that crypto derivatives trading on centralized exchanges were at a $3.07 trillion valuation in September, which is 71% of the total crypto volume. This underlines the market potential of crypto derivatives as Arkham starts a new one. The OpenAI founder-backed crypto startup will be in direct competition with major market players like Binance by targeting retail investors. However, in line with the cautionary approach of other crypto firms, Arkham’s crypto derivatives exchange won’t be open to US investors as it wants to avoid the regulatory uncertainties of the US market. In recent times, many exchanges like OKX and Bybit have limited their services in certain countries, like the US. The company is banking on its 880,000-strong user base on its blockchain data platform to launch the new crypto exchange, as it is in talks with Middle Eastern investors to raise $100 million. Earlier, Arkham had also forged strategic partnerships with the Turkish football team Galatasaray for two seasons to boost its brand visibility. The $2 million per season sponsorship deal hugely boosted Arkham’s brand value. The news of Arkham’s crypto derivatives exchange comes at a time when the crypto industry is looking towards innovation and potential growth as there is growing interest in crypto-based financial products. This is further aided by the impending Bitcoin halving in April 2025. New trading venues like the one planned by the crypto startup Arkham could enhance the market efficiency and liquidity as institutional investors and retail investors stand to benefit from it. The company's success will lie in its ability to differentiate itself from existing competitors like Binance by using its huge pool of blockchain analytics expertise to provide unique insights to crypto traders.

Trading activity on centralized cryptocurrency exchanges saw a sharp decline in September. Combined spot and derivatives trading volumes fell 17% to $4.34 trillion. This marks the lowest monthly trading volume since June. Binance is among those who suffered the most. The decline is attributed to the end of the seasonality period. This typically results in reduced market participation. This is exactly what is happening right now, as both the spot market and the futures market have gone down. The amount of spot trades dropped by 17.2% to $1.27 trillion. It hasn't been this low since June. The amount of derivatives traded on centralized platforms dropped by 16.9%, to $3.07 trillion. Although things are quiet right now, market experts are still optimistic. They think that things will change in the next few months. One possible trigger is more money coming into the market after the U.S. Federal Reserve cuts interest rates. Some analysts also think that the upcoming U.S. presidential race will make trading more active. In the past, trading levels have been high in the fourth quarter. In six of the last ten years, it has had the largest quarterly volumes. The largest cryptocurrency exchange, Binance, had a lot of problems. Its spot trade volume dropped 22.9% to $344 billion. Since November 2023, this is the lowest monthly spot trade volume for Binance. Its share of the spot market dropped to 27%, which is the lowest level since January 2021. Binance's derivatives market performance also weakened. Trading volume dropped 21% to $1.25 trillion, reaching its lowest levels since October 2023. The exchange now holds a 40.7% share of the derivatives market, the lowest level since September 2020. Overall, Binance's combined market share in both spot and derivatives has fallen to 36.6%. This represents a multi-year low for the exchange. While Binance struggled, other exchanges gained ground. Crypto.com showed notable growth. Its spot and derivatives volumes rose 40.2% and 42.8% respectively. Both reached all-time highs of $134 billion and $149 billion. The exchange's combined market share hit 11% in September. This positions it as the fourth-largest centralized exchange by trading volumes. Even though the total amount went down, open interest rose by 32.1% to $52.4 billion in September. The Federal Reserve cut interest rates by 50 basis points, which led to this rise. There will likely be more rate cuts in the future, which has made buyers more optimistic. It went from 0.70% to 1.21% on average for Bitcoin products to fund.

Decentralized Exchange (DEX) volume is on the rise, showing the increasing shift in crypto trading from Centralized Exchanges (CEX) to on-chain trading. DEXs saw a 15.7% quarter-on-quarter increase in spot trading volume, while CEX experienced a 12.2% decline, according to CoinGecko’s second quarter report. The ratio of DEX to CEX trading is at an all time high, indicating changing users habits and preferences. So, DEXs are gaining ground, reshaping the landscape of cryptocurrency trading. This shift isn't just a passing trend—it's a seismic change in how traders engage with the market. While CEXs like Binance and Coinbase have long dominated the crypto space, the appeal of DEXs is becoming harder to ignore. Data from recent reports highlights a marked increase in DEX trading volumes, while CEXs face mounting challenges. Why is that happening and where does it lead to? Let’s find out why DEXs are overcoming CEXs, focusing on the core distinctions and the five critical factors driving this shift. Understanding the Differences: CEXs vs. DEXs First, why don’t we clear the basic terms. It is essential to understand what sets CEXs and DEXs apart. Centralized Exchanges are managed by a single entity that controls the platform, often acting as an intermediary between buyers and sellers. This model, while offering certain conveniences like high liquidity and ease of use, also introduces significant risks, such as security breaches and loss of funds. You might even have some painful memories of your own that illustrate this, like from the FTX collapse in 2022. Decentralized Exchanges operate on blockchain networks, allowing users to trade directly with each other without intermediaries. Transactions are facilitated by smart contracts. Transparency and security are the obvious and default options here. The decentralized nature of DEXs means that there is no single point of failure, and users retain full control over their assets. However, this also means that DEXs can be more complex to use. That might be a problem for novice users. Transaction costs are typically higher. And speeds are often slower. And yet, something drives users to DEXs. Let’s see what it is. Screenshot 2024-08-09 at 12.57.57.png TOP-5 Reasons Why DEXs Are Overcoming Enhanced Security and Self-Custody One of the most compelling reasons traders are flocking to DEXs is the enhanced security they offer. In CEXs, users must trust the exchange with their funds, which can be vulnerable to hacks or mismanagement. The infamous hack of Mt. Gox and the more recent collapse of FTX highlight these risks. In contrast, DEXs allow users to maintain custody of their assets at all times, reducing the risk of losing funds due to an exchange's failure or malicious attacks. This shift towards self-custody is significant. As more traders become aware of the risks associated with centralization, the appeal of DEXs—where users' assets remain under their control—is growing. The decentralized model eliminates the need for trust in a central entity, making it inherently more secure against threats such as hacking and fraud. Regulatory Pressures and Censorship Resistance CEXs have increasingly come under the scrutiny of regulators worldwide. The push for tighter regulations and compliance measures, including Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, has added a layer of complexity and cost to their operations. For users, this often translates into reduced privacy and the risk of account freezes or asset seizures. In contrast, DEXs operate in a decentralized environment, which makes them more resistant to censorship and regulatory overreach. Users can trade with greater anonymity, as DEXs typically do not require extensive personal information. This privacy aspect is particularly appealing to users in regions with strict financial controls or where access to traditional financial systems is limited. Lower Costs and Zero Intermediary Fees Another factor driving the popularity of DEXs is the lower cost of trading. CEXs charge fees not only for transactions but also for deposit and withdrawal operations, and they often include hidden costs related to the exchange’s profit margins. DEXs, however, cut out the intermediaries, allowing users to trade directly with each other. The fees on DEXs are typically lower since they are based on the cost of executing smart contracts on the blockchain, with no added margin for a central operator. This cost efficiency is particularly noticeable in high-volume trading, where the savings can be substantial. As a result, many traders are turning to DEXs to maximize their profits by minimizing the fees they pay on each transaction. Innovation and Access to New Markets The decentralized finance (DeFi) boom has spurred innovation in the DEX space, bringing about new trading mechanisms and financial products that are unavailable on traditional CEXs. Automated Market Makers (AMMs) have revolutionized the way liquidity is provided, allowing users to earn fees by contributing to liquidity pools. Moreover, DEXs often list assets that are not available on CEXs, providing access to a broader range of tokens and investment opportunities. This includes emerging tokens and those that are not listed due to regulatory constraints on CEXs. As more projects and tokens launch in the DeFi space, DEXs are becoming the go-to platforms for accessing new and innovative markets. The bridge between traditional finance (TradFi) and decentralized finance (DeFi) is increasingly becoming a focal point for institutional investors looking to capitalize on the benefits of both worlds. According to Louis Bellet, CEO of Yellow Network, as institutions seek greater transparency, security, and efficiency in their trading operations, they are progressively exploring on-chain trading and innovative solutions in DeFi. This transition is facilitated by advancements in blockchain technology and regulatory frameworks that aim to integrate DeFi features with established financial systems. By leveraging DeFi's decentralized infrastructure, institutions can access new opportunities and optimize their trading strategies in a rapidly evolving market landscape. “A market featuring 24/7 trading of digital assets is set to become a nonstop parallel trading environment”, says Louis Bellet. The Rise of Institutional Adoption and Meme coins Institutional interest in decentralized finance is another factor contributing to the rise of DEXs. Major financial institutions, once hesitant to enter the crypto space, are now exploring DeFi as a way to enhance transparency, security, and efficiency in their operations. The creation of funds on the Ethereum network by giants like BlackRock is a testament to the growing confidence in decentralized financial systems. As institutional players seek exposure to DeFi, they are increasingly turning to DEXs for their trading needs. This shift is further accelerated by advancements in blockchain technology, which are making it easier for institutions to integrate DeFi solutions into their existing systems. The result is a growing bridge between traditional finance and decentralized finance, with DEXs at the forefront of this integration. Now, let’s not forget about the meme coins. There is a new hysteria that seems to be only growing with time. No signs of fading or losing momentum even despite the fact that 97% of meme coins fail miserably. The remaining 3% help people make fortunes. And some of those appear on DEXs ages before they find their way to CEXs. The above-mentioned fortunes are more likely to happen on early stages with DEXs, then much later when a behemoth like Coinbase or Binance finally get their paws on those coins. That keeps driving more and more attention to DEXs. Conclusion The rise of DEXs over CEXs marks a significant evolution in the cryptocurrency landscape. Driven by the desire for greater security, privacy, cost efficiency, and access to new markets, traders are increasingly moving away from centralized platforms. The picture is not perfect for DEXs yet. There are significant problems with scalability and user experience. Sometimes users are simply more comfortable in the CEXs simple and effective environment. Ongoing innovations in blockchain technology are poised to address these issues. Nothing can stop evolution. And DEXs are likely to play an increasingly central role, not just for retail traders but also for institutional investors seeking to tap into the benefits of decentralized finance. The shift towards DEXs is more than a trend—it’s a fundamental transformation that could redefine the future of trading in the digital age.

Crypto.com has pulled off a stunner. It's now handling more daily trades than Coinbase. On August 1, Crypto.com hit $3.16 billion in daily trading volume. That's huge. The company bragged about it on social media. They said they led in USD spot trading volume in July. Their derivatives market is booming too. Open interest is nearly $1 billion now. That's four times what it was in January. Crypto.com claims they've got 38.5% of the market share. Coinbase, Kraken, and Bitstamp are trailing behind. Messari, a crypto data provider, backs this up. They report Crypto.com's trading volume jumped 25.33% in 24 hours. But Crypto.com isn't just winning the numbers game. They're playing nice with regulators too. In June, they got the green light from Ireland's Central Bank. Now they can offer more services there, like crypto-to-fiat exchanges. This puts them in the big leagues. They're now rubbing shoulders with Coinbase, Ripple, and Gemini in Ireland. Ireland's warming up to crypto. They've approved 15 companies as Virtual Asset Service Providers. Four of those were just this year. Crypto.com's also making moves in Hong Kong. They're "deemed to be licensed" there. That's a big deal. Only two exchanges can serve retail investors in Hong Kong right now. Crypto.com's come a long way. They started in Hong Kong in 2016. Now they're based in Singapore and gunning for that Hong Kong license. It's been quite a ride for Crypto.com. From underdog to top dog in trading volume. Coinbase might want to watch their back.