Centralized Exchanges (CEX) | ForkLog

ForkLog 31 21.05.2024

Bitget Appoints New CEO and Hires Former CommEX Executive

Cryptocurrency exchange Bitget has announced a series of new appointments. As of May, Gracy Chen has taken on the role of CEO of the trading platform. Former CEO Sandra Lou will leave the company to pursue her own business goals. Chen holds a bachelor’s degree from the National University of Singapore and an MBA from […]

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ForkLog 11 21.05.2024

Initial Fraud Case Against Beribit Exchange Dismissed

Investigators in Khabarovsk initiated a criminal case based on a complaint from a client of the cryptocurrency exchange Beribit. This was highlighted by the Telegram channel «Менделеевщина». According to the document, the victim reported the theft of funds totaling 1.1 million rubles (10,910 USDT). The case, citing large-scale fraud, was filed against an “unidentified person.” […]

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ForkLog 12 16.05.2024

Binance Kazakhstan Secures ISO Certifications for Information Security

The cryptocurrency exchange Binance Kazakhstan has obtained international ISO certifications in information security management and confidential information. This was reported to ForkLog by representatives of the platform. The certifications were issued by the British Standards Institution following an audit of Binance Kazakhstan’s security measures, policies, and processes. ISO 27001 ensures the confidentiality, integrity, and availability […]

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ForkLog 28 13.05.2024

Russians Account for a Quarter of Bybit’s Traffic in April

The cryptocurrency exchange Bybit continues to increase its Russian traffic, reaching 25% in April, according to journalist Colin Wu. Other platforms popular among Russians include Bitfinex with 10% of total traffic, Bitget and MEXC with 9% each, and OKX with 8%. Data: Wu Blockchain. HTX saw 7% of its visits last month coming from Kazakhstan. […]

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ForkLog 24 09.05.2024

Cryptocurrency Exchange Volumes Decline for the First Time in Seven Months

The combined volume of spot and derivatives cryptocurrency markets fell by 43.8% in April to $6.58 trillion, following a record high in March of $9.12 trillion, according to data from CCData. This positive trend was interrupted after six months. Data: CCData. Experts attributed the trend reversal to escalating geopolitical tensions and a slowdown in inflows […]

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ForkLog 29 09.05.2024

BitMEX Partners with PowerTrade to Launch Options Trading

BitMEX has initiated options trading in collaboration with the PowerTrade platform. BitMEX has partnered with PowerTrade to launch an options trading service in an effort to gain market share from Deribit. Current major competitors also include Binance OKX and Bybit. BitMEX CEO Stephan Lutz said that BitMEX hopes to reach at least $500 million in […]

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ForkLog 40 08.05.2024

Two Arrested in Connection with Four Dragons Exchange Hack

On May 8, the Pervomaisky District Court in Bishkek ordered the arrest of two individuals suspected of involvement in the recent hack of the cryptocurrency exchange Four Dragons. Sources close to the detainees’ lawyers informed ForkLog of the development. According to these sources, one of the suspects is Marat Zaripov, a former employee of the […]

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ForkLog 23 07.05.2024

Bancolombia Launches Crypto Exchange Wenia and Stablecoin COPW

Bancolombia, the largest bank in Colombia, has launched the cryptocurrency exchange Wenia and a stablecoin, COPW, pegged to the peso, as reported by Cointelegraph.

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ForkLog 32 07.05.2024

Revolut Launches Cryptocurrency Exchange

Fintech company Revolut has unveiled Revolut X, a standalone cryptocurrency platform aimed at experienced traders, featuring simplified deposits/withdrawals and low fees. This was reported by The Block. For makers, the fee will be 0%, while for takers it will be 0.09%, regardless of turnover. Clients will have access to over 100 tokens. The exchange initially […]

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ForkLog 13 06.05.2024

Binance to Delist Several Margin Trading Pairs

The cryptocurrency exchange Binance will reduce leverage and delist perpetual options for several positions. From May 13, the platform will cease trading in the following pairs: USDⓈ-M/STPTUSDT; USDⓈ-M SNTUSDT/MBLUSDT. Support for USDⓈ-M/RADUSDT and USDⓈ-M/CVXUSDT will end a day later. Users of Binance Futures are advised to close positions in these pairs by the specified dates […]

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ForkLog 11 06.05.2024

KuCoin Announces Lifeform IEO

The cryptocurrency exchange KuCoin has announced the token sale of the Lifeform (LFT) project on its Spotlight platform. This was reported in the trading platform’s blog. The Lifeform team is developing a digital identification solution that includes tools for creating 3D avatars and a decentralized Web3 verification system. KuCoin will conduct the sale of 5 […]

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ForkLog 15 03.05.2024

Nigerian Fintech Firms Warn Clients Against Cryptocurrency Transactions

Nigerian fintech companies Moniepoint, PalmPay, and Paga have cautioned clients against conducting cryptocurrency transactions through their services, threatening to block accounts. Users have shared relevant messages. MoniePoint will shut down your account and report you to the authority if you make any attempt to trade cryptocurrencies, NFTs, or other virtual assets via their platform. My […]

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