Centralized Exchanges (CEX) | ForkLog

ForkLog 9 17.12.2024

FTX to Begin Creditor Payments in 2025

The court-approved reorganisation plan for FTX will take effect on January 3, 2025. The initial distribution of funds among creditors with unsecured claims will occur within 60 days. The FTX Debtors today announced that the effective date for its Plan of Reorganization has been set for January 3, 2025, which is also the initial distribution […]

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ForkLog 7 13.12.2024

Binance Projects Significant Fund Inflows for 2024

Since the beginning of the year, fund inflows to Binance have reached $21.7 billion—nearly 40% more than the $15.9 billion combined total of the next 10 exchanges in the ranking. This is according to a report from the platform. Source: Binance. Binance’s global customer base has grown to 250 million users. According to CryptoQuant, the […]

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ForkLog 8 11.12.2024

Circle and Binance Collaborate to Promote USDC

Circle and Binance have forged a strategic partnership to expand the global reach of the USDC stablecoin. BREAKING NEWS: Circle and Binance have entered into a strategic partnership that will accelerate global USDC and crypto adoption. The world’s largest exchange and crypto super app and the world’s largest trusted and compliant dollar stablecoin operator are […]

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ForkLog 8 11.12.2024

Coincheck to Debut on Nasdaq

On December 11, trading of shares in the centralized exchange Coincheck will commence on Nasdaq. Coincheck Group N.V. announces its listing on NASDAQhttps://t.co/2kEZo6JCBq@NasdaqExchange — Coincheck(コインチェック) (@coincheckjp) December 10, 2024 The shares will be listed on Nasdaq under the ticker CNCK. Coincheck will become the second cryptocurrency exchange on the US stock market alongside Coinbase. The […]

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ForkLog 14 05.12.2024

HTX to Distribute $8000 Celebrating Launch of Flexible Crypto Loans in Bitcoin and USDT

On December 2, cryptocurrency exchange HTX introduced crypto loans in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) with dynamic interest rates and zero fees. To mark the occasion, the exchange will distribute 2.7 billion HTX tokens as part of the “Borrow and Earn” promotion, according to a blog post on the trading platform.

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ForkLog 9 04.12.2024

HYPE Token from Hyperliquid Triples in Value Within Five Days Post-TGE

On December 4, the price of HYPE, the token of the decentralized trading platform (DEX) Hyperliquid, surpassed $12. Over the past five days since the TGE, the asset has tripled in value. HYPE is essential for staking within the HyperBFT PoS consensus mechanism and serves as a fee for processing transactions in the HyperEVM execution […]

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ForkLog 14 02.12.2024

DMM Bitcoin Exchange Faces Liquidation After Major Hack

Japanese cryptocurrency exchange DMM Bitcoin is preparing for liquidation following a $320 million loss in bitcoins due to a hack in May. This was reported by local media. The platform is halting efforts to modernize operations and plans to transfer client assets to its operator SBI VC Trade, part of the SBI Group, by March […]

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ForkLog 11 29.11.2024

Coinbase Faces Monopoly Allegations After Refusing to Support Celo’s Migration to Layer 2

The cryptocurrency exchange Coinbase will not support the transition of the Celo L1 blockchain to the Ethereum ecosystem as a Layer 2 solution, scheduled for January 16, 2025. The Celo L1 blockchain (Coinbase ticker: CGLD) is migrating to Celo L2 on January 16, 2025. Coinbase will not support the migration. Due to migration by hard […]

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ForkLog 8 28.11.2024

XT Exchange Hacked: $1.7 Million Stolen

The centralised cryptocurrency exchange XT has suspended withdrawals due to “technical work and wallet updates.” According to PeckShieldAlert, the platform lost $1.7 million in a hack.

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ForkLog 7 20.11.2024

HTX Offers 6% Annual Yield on Futures Accounts

On November 14, cryptocurrency exchange HTX rebranded its Liquid Restaking service, unveiling its updated version named SmartEarn. To mark the occasion, the exchange announced a giveaway of $300,000 in HTX DAO (HTX) tokens, according to a press release. SmartEarn users can earn an annual yield of 6% by holding Tether (USDT) stablecoins in futures accounts. […]

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ForkLog 54 07.11.2024

HTX Unveils Tokenomics Enhancements with Burn Mechanism and Earn Integration

The introduction of a token burn mechanism and the integration of HTX Earn and PrimePool investment products are set to ensure the long-term growth and stability of the HTX DAO (HTX) governance token. This was announced by Liu Ye, spokesperson for the cryptocurrency exchange HTX, on X.

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ForkLog 12 06.11.2024

KuCoin to Distribute PiggyPiggyCoin Tokens for USDT and KCS Staking

On November 6, cryptocurrency exchange KuCoin announced the addition of the PiggyPiggyCoin (PGC) project to its GemPool platform for airdrops. The platform will distribute tokens for staking PGC, as well as KuCoin Token (KCS) and Tether (USDT), according to a press release. In addition to staking rewards, users can receive a bonus of up to […]

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