Centralized Exchanges (CEX) | ForkLog

ForkLog 18 18.03.2025

Bitget and 0xConnect Girls to Host Pitch Contest for Female Entrepreneurs in Russia

The cryptocurrency exchange Bitget, in collaboration with the organisers of the crypto meetup 0xConnect Girls, will host Pitch & Slay—a pitch contest for female entrepreneurs in the blockchain and cryptocurrency sector with a prize fund of $5000, according to a press release. The event is part of the global Blockchain4Her programme, aimed at promoting gender […]

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ForkLog 65 17.03.2025

Cryptocurrencies for Everyone: MEXC COO Tracy Jin on Her Industry Journey

Women account for 39% of all cryptocurrency owners, according to a study by the payment company Triple-A. However, the team at the crypto exchange MEXC believes they are underrepresented in cryptocurrency projects, particularly in leadership roles. In the lead-up to International Women’s Day, we spoke with COO MEXC Tracy Jin. She shared her experiences working […]

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ForkLog 19 12.03.2025

Alleged Garantex Administrator Arrested in India

Indian authorities, at the request of the United States, have arrested Alexey Beschekov, the alleged co-founder and technical administrator of the cryptocurrency exchange Garantex. This was reported by journalist Brian Krebs. According to sources close to the investigation, the 46-year-old Lithuanian citizen was detained while on a family vacation on the Varkala coast. He is […]

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ForkLog 105 12.03.2025

Kuna Halts Deposits and Announces Closure Date

As of March 12, the bitcoin exchange Kuna has ceased accepting deposits in preparation for its complete shutdown. The company has sent notifications to its clients regarding this development. Users have the opportunity to exchange assets until March 17. Cryptocurrency withdrawals and the activation of Kuna codes are available until March 28. After this date, […]

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ForkLog 94 12.03.2025

Russia Emerges as Leading Traffic Source for Bybit in February

In February 2025, Russian users accounted for 29% of the total traffic to the cryptocurrency exchange Bybit, as reported by journalist Colin Wu. Other platforms popular among Russians include Deribit at 10% and KuCoin at 5%. Activity on Deribit is partly linked to the platform’s announcement of terminating services for Russian clients in compliance with […]

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ForkLog 18 11.03.2025

Garantex Pledges to Compensate Clients for Frozen Crypto Assets

The exchange Garantex has announced the commencement of negotiations with users regarding the compensation of assets frozen at the behest of Tether. This was stated in a press release provided to ForkLog. Representatives of the platform declared that “despite the unprecedented nature of the situation, the company does not shirk its obligations to its users.” […]

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ForkLog 78 10.03.2025

Kyrgyzstan Raises Capital Requirement for Bitcoin Exchanges to $100 Million

The Cabinet of Ministers of Kyrgyzstan has increased the minimum capital requirement for cryptocurrency exchanges from 100 million to 10 billion soms (from $1.14 million to $114.3 million), according to local media. Amendments were made to the resolution “On the Regulation of Relations Arising from the Circulation of Virtual Assets.” The document was signed by […]

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ForkLog 16 08.03.2025

Garantex Exchange Addresses Tether Asset Freeze

The team at Garantex exchange invited users to their Moscow office to resolve the issue of asset freezing by Tether. “We have developed a solution for the frozen assets and invite users with a positive account balance to a personal meeting,” the official statement reads. Clients are encouraged to submit an application via a Telegram […]

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ForkLog 31 08.03.2025

Gemini Cryptocurrency Exchange Files for IPO

The Winklevoss twins’ cryptocurrency exchange, Gemini, has confidentially filed for an IPO. This was reported by Bloomberg, citing informed sources. The company is collaborating with Goldman Sachs and Citigroup. Earlier reports indicated that Gemini’s management was considering going public in 2025. According to updated information, the intention to proceed with these plans this year remains […]

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ForkLog 17 07.03.2025

US Justice Department Reports on Garantex Domain Seizure

The US Department of Justice confirmed the seizure of Garantex domains and the freezing of $26 million in the cryptocurrency exchange’s wallets. According to the press release, the trading platform facilitated money laundering by transnational criminal organizations, including terrorist groups, and violated international sanctions. Since 2019, the exchange’s digital asset turnover has amounted to at […]

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ForkLog 24 07.03.2025

Bitget Celebrates Women’s Contributions to Web3 and Concludes Blockchain4Her Initiative

On the eve of International Women’s Day, the cryptocurrency exchange Bitget concluded the first year of its Blockchain4Her (B4H) programme, designed to promote gender equality and increase the number of women in the blockchain industry. As part of the initiative, the exchange introduced a symbolic B4H brooch, according to a press release. The design of […]

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ForkLog 23 07.03.2025

Expert Analyzes Impact of Garantex Wallet Blockade

The situation surrounding the blockade of wallets of the Russian exchange Garantex by Tether is multifaceted, involving international sanctions and anti-money laundering efforts. This was explained to ForkLog by Fyodor Ivanov, Director of Analytics at Shard. Ivanov noted that American regulators accused Garantex of laundering money for the darknet marketplace Hydra and hacker groups back […]

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