Arkham CEO: Will not shut down exchange operations but will transition to a DEX.

Odaily Planet Daily reports that Arkham CEO Miguel Morel clarified that their exchange Arkham Exchange will not shut down but will transition from a centralized exchange (CEX) to a fully decentralized trading platform (DEX). Currently, Arkham Exchange supports spot and perpetual contract trading and plans to launch a mobile app by the end of 2025. However, the trading operations have become “bulky and slow to respond,” and in terms of token listing and user demand management, they are gradually falling behind decentralized competitors. (Cointelegraph)

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Pi Network Tests AI Computing on Nodes Ahead of Pi Day DEX Launch

Pi Network tested AI image recognition on nodes with OpenMind, using idle CPU power during its ongoing Mainnet upgrade phase. The network requires Mainnet nodes to upgrade to v20.2 by March 12 as part of its path toward version 23.0 in Q2 this year. Pi Network is testing artificial

CryptoNewsFlash55m ago

XRP Ledger Plans to Become Native DeFi Lending Powerhouse - U.Today

The XLS-66 proposal aims to enhance the XRP Ledger with native lending and borrowing capabilities, allowing users to earn returns on idle capital. For activation, it requires 80% validator approval, currently lacking sufficient support.

UToday1h ago

Circle Moves $68 Million in 30 Minutes Using USDC, Showing Real Power of Stablecoin Payments

Circle recently demonstrated the transformative potential of stablecoins in corporate finance by swiftly transferring $68 million using USDC, showcasing advantages like instant settlement and improved transparency over traditional banking methods.

CryptometerIo2h ago

Cardano promotes stablecoin USDCx, aiming for direct withdrawals without bridges

Input Output Group (IOG) has clarified its strategy for expanding stablecoin integration on Cardano through the USDCx infrastructure. This system, backed 1:1 by USD Coin in Circle's xReserve smart contract, enables various DeFi activities, targeting direct USDC withdrawals to enhance liquidity without relying on bridges. IOG emphasizes that USDCx is a long-term upgrade for Cardano's financial infrastructure.

TapChiBitcoin5h ago

X Money Account Opening Process Revealed: Complete in Less Than 1 Minute, Supports Facial Recognition Verification

Crypto KOL AB Kuai.Dong revealed the account opening process for X Money. Users only need to enter basic information to open an account within 1 minute. X Money supports virtual and physical cards, offering withdrawal and spending functions, with a transfer limit of $1,000,000 and a withdrawal limit of $100,000.

GateNews6h ago

CEO BitGo: Crypto company has a structural advantage in the digital asset custody race

Mike Belshe, CEO of BitGo, highlights the structural advantages of native crypto companies in digital asset custody, contrasting with traditional banks' conflicts of interest. BitGo generates over 80% of its revenue from stable custody fees, recently receiving a federal banking license. As of September 2025, BitGo is safeguarding $104 billion in assets for over 4,900 institutional clients globally.

TapChiBitcoin8h ago
Comment
0/400
JOYBOYJOYBOYvip
· 02-11 13:28
HODL Tight 💪
Reply0
CryptoEyevip
· 02-11 13:22
HODL Tight 💪
Reply0
CryptoEyevip
· 02-11 13:22
2026 GOGOGO 👊
Reply0