SimilarWeb Traffic Data Says That Binance Is The Undisputed King Of Crypto
Crypto exchanges have been at loggerheads ever since the market started seeing more interest. The battle for supremacy among all these exchanges had grown even more in 2022, sparking rumors about crypto exchanges trying to sabotage one another. As always, the number of visitors to each website always shows which crypto exchange is being used […]
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Web traffic on FTX surged 123% YoY, while major exchanges like Coinbase and Binance were down 46% and 40% traffic-wise, respectively. The ongoing cryptocurrency winter has triggered an overall decline in interest in centralized crypto exchanges (CEX), but some crypto trading platforms have seen a rise in website traffic.A few major global crypto exchanges, including Sam Bankman-Fried’s FTX, have experienced a significant increase in web traffic despite the bear market of 2022, according to the website analytics platform SimilarWeb.According to data shared with Cointelegraph, web traffic on....
Recent geographical traffic data highlights that Chinese traders continue to access centralized exchanges despite a regulatory risk. Data from website traffic metric provider Similarweb shows that Deribit and OKX continue to attract significant traffic sources from China despite a blanket ban on crypto transactions and foreign exchanges last year.China has banned the use of cryptocurrencies more than a dozen times in the last decade, however, the one imposed in September last year was considered the harshest one. Several crypto exchanges including Huobi and Binance had shut doors for the....
Binance suffered an outage today after announcing consecutive new all-time highs for web traffic. Leading crypto asset exchange Binance was forced to suspend its spot and margin trading services just a few minutes after its CEO took to Twitter to boast the platform had smoothly handled new record highs for website traffic.Binance chief executive Changpeng Zhao, or CZ, tweeted the exchange had experienced a new all-time high for traffic on Feb.10, stating the platform had “handled the load” of a 60% increase in traffic on top of the previous day's record traffic. CZ also noted that new....
Per a press release, the company behind the popular non-fungible token (NFT) collection Bored Ape Yacht Club, Yuga Labs, will be part of a one-of-a-kind presentation. The company has partnered with rap legends Marshal “Eminem” Mathers and Calvin “Snoop Dogg” Cordozar to perform in the Metaverse. Related Reading: SimilarWeb Traffic Data Says That Binance Is […]
Developed economies dominate the traffic rankings for the top DeFi protocols by TVL, with the U.S. and U.K. topping the charts. Despite grand visions of enabling farmers in Vietnam access to the world of global finance via Decentralized Finance, emerging markets could represent as little 10% of visitors engaging with the top DeFi DApps. Proponents have long hoped crypto and DeFi would allow citizens around the world a means to circumvent the barriers created by economic underdevelopment, however the data suggest users from the world’s largest economies dominate the DeFi rankings by online....