Qume Market Update

Bitcoin

Source -skew.com
Source -skew.com
Source -bitinfocharts
Source -bitinfocharts
Source -skew.com

DeFi

Source -skew.com
Source -skew.com

OKEx troubles puts light on fundamental problem in the crypto markets

The withdrawal suspensions by Malta based crypto exchange OKEx had little effect on Bitcoin’s price. This again highlights some core problems related to crypto exchanges – The extreme level of centralization of the crypto industry by unregulated crypto exchanges within obscenely complex jurisdictions. For example, in case of OKEx, it is headquartered in Hong Kong but based in Malta. Which jurisdiction among the two can press charges on various matters such as KYC fraud or money laundering remains unanswered and to what extent the other jurisdiction can be involved is also not clear at this moment.

Source-Coingecko

USA

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The World’s Fastest Crypto Derivatives Exchange

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