cex.io

Web3 asset data platform RootData published a daily transparency alert on Twitter (X), noting the absence of information such as teams, key calendar events, and token data for exchanges like CEX.IO, BloFin Exchange, Phemex, Tokocrypto, and Coins.ph. It calls on project teams to submit/update their information on RootData to improve their transparency scores. Additionally, RootData stated that it will continue to monitor and expose "black box" projects that lack core information.It is reported that the RootData transparency score is used to measure the integrity and timeliness of projects, aiming to reflect the information disclosure status of the projects. The transparency score is divided into five levels from A to F, with lower scores indicating less complete information disclosure and higher risks of wrongdoing, requiring investors to exercise heightened caution.

ChainCatcher news, centralized cryptocurrency exchange CEX.IO has officially resumed its business operations in the UK. The company stated that its registration process now meets the compliance requirements of the UK's Financial Conduct Authority (FCA).CEX.IO had previously voluntarily suspended its services in the UK due to the FCA's implementation of new crypto asset financial promotion regulations in October 2023. The UK was one of CEX.IO's key markets, with local users accounting for 69% of its total customers in the European Economic Area before the suspension, and trading volume had increased by 26.9% month-on-month.Currently, the company offers 190 digital assets in the UK.

ChainCatcher news, the Federal Deposit Insurance Corporation (FDIC) has requested that the cryptocurrency exchange CEX.IO stop claiming that the dollars in its wallets are insured by the FDIC. The FDIC stated that a section of the CEX.IO website incorrectly indicated that "the dollars held in your CEX.IO fiat wallet are FDIC insured, up to $250,000 per account," while in fact, "this statement has no qualifications, clarifications, or limitations, nor is there any insured deposit institution or agency related to this statement." (source link)