Centralized Exchanges (CEX) | ForkLog

ForkLog 11 16.08.2024

Chainalysis Reports Shift in Cybercriminal Focus from DeFi to Centralized Exchanges

In the first half of the year, cybercriminals stole nearly $1.6 billion in cryptocurrencies, increasingly targeting centralized exchanges (CEX), according to Chainalysis. ? Part 1 of our mid-year #cryptocrime update is here! ? Illicit on-chain activity dropped by nearly 20% YTD, but stolen fund activity is surging and ransomware payments are breaking records. Read our […]

AI translated

ForkLog 17 15.08.2024

Binance Resumes Operations in India After Paying $2.2 Million Fine

Cryptocurrency exchange Binance has registered as a “reporting entity” with India’s Financial Intelligence Unit (FIU) and has resumed operations in the country. #Binance goes live in India ?? Binance is now registered as a reporting entity with India’s Financial Intelligence Unit, marking our 19th global regulatory milestone! Our website and app are now fully available […]

AI translated

ForkLog 41 12.08.2024

Binance Sets Deadline for Withdrawal of Delisted Monero and Other Tokens

The option to withdraw Monero, Multichain, Bitcoin Gold, and several other cryptocurrencies removed from Binance’s listing will remain available until September 1, 2024, announced the exchange. After this deadline, the platform will take a snapshot of the relevant user balances and convert the assets into the stablecoin USDC. Equivalent amounts will be credited to wallets […]

AI translated

ForkLog 11 09.08.2024

WazirX to Reverse Transactions Following $230 Million Breach

The Indian cryptocurrency exchange WazirX will reverse all transactions conducted on its platform following a $230 million hack and the suspension of withdrawals on July 18. ? Important Update: We are actively listening to your feedback and taking decisive action to address your concerns! After careful consideration of the situation and the feedback received from […]

AI translated

ForkLog 11 08.08.2024

Court Approves $12.7 Billion Settlement Between FTX and CFTC

U.S. District Judge Peter Castel approved a settlement agreement between the CFTC, FTX, and Alameda Research, under which the exchange and its subsidiary will pay creditors $12.7 billion. The parties reached an agreement to settle the 20-month-long dispute on July 12. However, the decision awaited final approval, which Judge Castel granted on August 7. The […]

AI translated

ForkLog 14 08.08.2024

Binance Announces Toncoin Listing for Spot Trading

The world’s largest cryptocurrency exchange by trading volume, Binance, has announced the listing of Toncoin (TON) for spot trading.

AI translated

ForkLog 15 06.08.2024

Binance Records $1.2 Billion Net Inflow Amid Market Correction

Amid a shaky macroeconomic environment and a market downturn, cryptocurrency exchange Binance reported a net daily inflow of $1.2 billion. This was announced by the platform’s CEO, Richard Teng. Amid the macroeconomic climate and yesterday’s market downturn, #Binance recorded a net inflow of US$1.2 billion in the past 24 hours, according to @DefiLlama‘s CEX Transparency […]

AI translated

ForkLog 30 31.07.2024

Aksakov Endorses Establishment of Russian Bitcoin Exchanges

Russia should not limit itself to existing cryptocurrency trading platforms and can establish its own exchanges, according to Anatoly Aksakov, head of the State Duma Committee on Financial Markets, as reported by TASS. He stated that authorities are permitting the creation of specialized platforms at the legislative level. “The ban has been lifted, and implementation […]

AI translated

ForkLog 12 31.07.2024

M2 to Enable Bitcoin Purchases via Bank Accounts in UAE

The M2 platform, registered with the FSRA, will allow clients to trade cryptocurrencies directly from their bank accounts, as reported by Cointelegraph. Users can exchange Bitcoin and Ethereum for dirhams and vice versa. There is also an option for depositing and withdrawing funds in the national currency. The company believes that the new integration will […]

AI translated

ForkLog 10 31.07.2024

Cyvers: CeFi Accounts for 70% of Losses from Hacker Attacks

Centralized finance (CeFi) projects are set to become the primary target for hackers in 2024, according to Cyvers co-founder and CEO Deddy Lavid in an interview with Cointelegraph. He noted that CeFi organizations account for approximately 70% of incidents in terms of lost funds and the number of exploits. “Meanwhile, the number of attacks on […]

AI translated

ForkLog 6 30.07.2024

A listing boom: why quantity has not meant quality

The number of new coins on exchanges is soaring. In the first half of 2024, listings on CEX already surpassed the tally for all of 2023. According to Bloomberg’s estimates, the trading rosters at leading venues added 240 coins and tokens over the past six months. Experts attribute the frenzy to bitcoin’s rally after the […]

AI translated

ForkLog 34 30.07.2024

KuCoin Unveils GemSlot Platform for Earning Project Tokens

The cryptocurrency exchange KuCoin has launched the GemSlot platform, which rewards clients with tokens from new projects for completing tasks, according to a press release.

AI translated

#Centralized Exchanges (CEX)