Centralized Exchanges (CEX) | ForkLog

ForkLog 19 04.03.2025

Kyrgyzstan Withdraws Allegations Against Cryptocurrency Firms

On March 3, the State Financial Intelligence Service under the Ministry of Finance of Kyrgyzstan (SFIS) removed cryptocurrency companies from the list of organizations “suspected of involvement in money laundering.” The resolution is in a restricted section of the website, but several Telegram channels have shared the file. According to the order, 20 companies were […]

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ForkLog 49 28.02.2025

Bitget: the second-largest CEX ecosystem by users

In 2025 Bitget ranked second by spot-market liquidity depth. According to the exchange, this result reflects its dynamic development; it has become the fastest-growing among the top ten trading venues. According to the 2024 Bitget transparency report, the platform rose to second place among CEX ecosystems by number of users. In this article, we, together […]

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ForkLog 21 28.02.2025

Kyrgyzstan Links Several Crypto Firms to Money Laundering

On February 26, the State Financial Intelligence Service under the Ministry of Finance of Kyrgyzstan (SFIS) included several cryptocurrency companies in a list of organizations “suspected of involvement in laundering criminal proceeds.” The resolution is in a restricted section of the website, but several Telegram channels have shared the document. The list comprises 22 companies, […]

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ForkLog 19 25.02.2025

OKX to Pay Over $504 Million in U.S. Justice Department Settlement

Aux Cayes FinTech Co, the operator of the bitcoin exchange OKX since 2017, has admitted to operating an unlicensed money transmission business in the United States. OKX pleads guilty to violating U.S. anti-money laundering laws and agrees to pay penalties totaling more than $500 millionhttps://t.co/8rr5e74qrG — US Attorney SDNY (@SDNYnews) February 24, 2025 Under the […]

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ForkLog 18 25.02.2025

Bybit Repays Bitget Loan of 40,000 ETH

The exchange Bybit has transferred 40,000 ETH back to Bitget’s address, according to data from the on-chain tracking platform Arkham Intelligence. The funds were provided as a loan immediately following the hacker attack.

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ForkLog 22 25.02.2025

Bybit Repays Bitget Loan of 40,000 ETH

The exchange Bybit has transferred 40,000 ETH back to Bitget’s address, according to data from the on-chain tracking platform Arkham Intelligence. The funds were provided as a loan immediately after the hacker attack.

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ForkLog 12 24.02.2025

EU Sanctions Target Russian Crypto Exchange Garantex

The European Union has included the Russian cryptocurrency exchange Garantex in its 16th package of sanctions against Russia for aiding in the circumvention of restrictions. “For the first time, the European Council has decided to impose sanctions on the cryptocurrency exchange Garantex, based in Russia, which is closely linked to Russian banks under EU sanctions,” […]

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ForkLog 13 24.02.2025

Bybit Restores Ethereum Reserves Following Hack

Cryptocurrency exchange Bybit has fully replenished its Ethereum reserves (~444,870 ETH) following a hack on February 21, as announced by the platform’s CEO, Ben Zhou. Latest Update: Bybit has already fully closed the ETH gap, new audited POR report will be published very soon to show that Bybit is again Back to 100% 1:1 on […]

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ForkLog 21 22.02.2025

Arkham says Lazarus Group behind Bybit hack

On-chain analytics platform Arkham Intelligence said the North Korean Lazarus Group was behind the roughly $1.5bn hack of the Bybit exchange.

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ForkLog 46 21.02.2025

Bybit Exchange Suffers $1.46 Billion Loss in Hack

Cryptocurrency detective ZachXBT reported suspicious outflows exceeding $1.46 billion from Bybit accounts. Shortly thereafter, Bybit CEO Ben Zhou confirmed suspicions of a hack. Bybit ETH multisig cold wallet just made a transfer to our warm wallet about 1 hr ago. It appears that this specific transaction was musked, all the signers saw the musked UI […]

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ForkLog 42 21.02.2025

SEC Commissioners to Vote on Dismissing Case Against Coinbase

Staff at the SEC have agreed to drop the lawsuit against Coinbase, pending approval from the agency’s commissioners. This was announced by the co-founder and CEO of the exchange, Brian Armstrong. SEC staff have agreed to dismiss their case against us (pending Commission approval).But this isn’t the end.It’s the beginning.And if there were ever a […]

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ForkLog 37 21.02.2025

CryptoRank: Binance and Bitget Lead in Spot Market Liquidity Depth

Analysts at CryptoRank compared the liquidity depth in the spot and futures markets of five centralized exchanges: Binance, Bitget, Bybit, MEXC, and OKX. The study revealed how effectively these platforms handle large market orders, minimizing price slippage. In the spot market, Binance leads the ranking by a significant margin, particularly in trading pairs with Bitcoin […]

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