Centralized Exchanges (CEX) | ForkLog

ForkLog 13 01.11.2024

Mt.Gox Transfers $35 Million in Bitcoin from Cold Wallet

The bankrupt cryptocurrency exchange Mt.Gox has transferred approximately 500 BTC (~$35 million) to an unknown address. The transaction from the platform’s cold wallet was recorded by the service Arkham. Data: Arkham. In May, Mt.Gox began moving its bitcoin holdings for the first time in five years, with the amount then estimated at 137,892 coins valued […]

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ForkLog 30 30.10.2024

BloFin Launches Heart & Hope Network Charity Initiative

The cryptocurrency exchange BloFin has announced the launch of its charitable initiative, the BloFin Heart & Hope Network (BloFin H&H Network). This was reported in the trading platform’s blog. The programme aims to implement local events, engage with community life, and distribute resources to those truly in need. “At BloFin, we believe that true greatness […]

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ForkLog 34 24.10.2024

Kraken Reveals Details of Its Own Layer 2 Solution

The American cryptocurrency exchange Kraken plans to launch its own blockchain, Ink, in the first quarter of 2025. This was revealed by its founder, Andrew Koller, in an interview with Bloomberg. Access will be open to both retail and institutional users. The launch of the test network is expected by the end of the year. […]

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ForkLog 68 22.10.2024

Analysts Assess Binance’s Market Share Decline Over the Past Year

Over the past year up to October 9, Binance accounted for $22.5 trillion out of $54 trillion in trading volume across spot and derivatives markets on 22 platforms, according to data from 0xScope. Read the full report here: https://t.co/0PsYzBujP3 pic.twitter.com/wJNz17rwqr — 0xScope (@ScopeProtocol) October 21, 2024 Analysts noted increased competition among CEX, which has weakened […]

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ForkLog 152 22.10.2024

Report: Iranian Exchanges Linked to Government and Sanctions Evasion

Most Iranian centralized cryptocurrency exchanges are linked to the government and participate in the country’s evasion of sanctions, according to OSINT researcher Maria Noor. Current status of Iran’s local cryptocurrency Exchanges: Tens of Millions of Users and Severe US Sanctions By @MARIANOOR_BTC Nobitex, Excoino, Wallex, and Bit Pin are four major CEXs in Iran. 15 […]

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ForkLog 6 17.10.2024

Bitcoin Exchange Reserves Plummet to Multi-Year Low

Bitcoin reserves on centralized cryptocurrency exchanges have fallen to a multi-year low, according to data from CryptoQuant.

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ForkLog 47 14.10.2024

HTX Distributes Over 10 Million USDT for 11th Anniversary Celebration

In August 2024, the cryptocurrency exchange HTX launched the “Through Trials to Triumph” campaign to mark its 11th anniversary. During the celebrations, it distributed prizes worth over 10 million USDT among 300,000 users, according to a press release. Competitions on HTX The platform held 11 competitions in spot, futures, and margin trading. “The events were […]

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ForkLog 113 12.10.2024

Arkham Intelligence to Launch Cryptocurrency Derivatives Exchange in November

The on-chain data tracking platform Arkham Intelligence plans to launch its own cryptocurrency derivatives exchange in November, according to Bloomberg, citing sources. The startup is reportedly relocating its operations from London and New York to the Dominican Republic and is currently in the process of obtaining the necessary license. The new platform aims to compete […]

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ForkLog 18 08.10.2024

Court Approves FTX Reorganization Plan

Delaware bankruptcy judge John Dorsey approved the plan for distributing payments to creditors of the collapsed bitcoin exchange FTX. “I want to congratulate everyone. This is a textbook example of how to handle a very complex Chapter 11 bankruptcy,” stated Dorsey. The plan was supported by 94.48% of FTX clients with claims on assets valued […]

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ForkLog 39 04.10.2024

Binance’s Market Share Hits Four-Year Low

Binance’s share of the total trading volume in the spot and derivatives markets within the centralized cryptocurrency exchange segment has fallen to 36.6%, according to a report by CCData. This figure marks the platform’s lowest since September 2020. Last month, Binance’s spot trading volume decreased by 23% compared to August, reducing the exchange’s share to […]

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ForkLog 7 01.10.2024

Binance to Introduce Risk Warnings for Select Tokens

The largest cryptocurrency exchange, Binance, will introduce banners and pop-up warnings for certain coins that have “undergone significant changes in their tokenomics over the past 18 months.” At #Binance, we’re always listening to community feedback and looking out for our users! Starting today, we’ve introduced risk warnings for tokens with significant tokenomics changes. This initiative […]

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ForkLog 39 23.09.2024

ABCEX Launches Crypto-Fiat ATM in Moscow

The Russian bitcoin exchange ABCEX has introduced an ATM for crypto-fiat exchange. The machine is located at the trading platform’s office in “Moscow-City.” Through the ATM, clients can top up exchange accounts and withdraw funds in rubles without fees. There are plans to install similar machines in all major cities across Russia. In comments to […]

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