CoinEx winds down after nine years due to market downturn and rising regulatory costs; Robinhood Chain and BNB Smart Chain integrate with Jupiter DEX.
Regulation & Gov ·
CoinEx announced it will wind down operations after nine years, attributing the decision to a combination of market downturn and rising regulatory costs. Bitcoin traded at $77,000 with a 2.58% decline, while Ethereum fell 3.85% to $2,400 and the OPEN token dropped 3.95% to $0.46. Robinhood Chain and BNB Smart Chain have integrated with Jupiter's decentralized exchange, and Ethena has joined Circle, Chainlink, and Aave among onchain firms operating in the space.