Centralized Exchanges (CEX) | ForkLog

ForkLog 17 18.04.2024

Bitget Offers Subaccounts Worth 10,000 USDT in TraderPro Tournament

The cryptocurrency exchange Bitget has launched the second season of its TraderPro tournament. Winners will receive elite trader subaccounts valued at 10,000 USDT, according to a blog post by the trading platform.

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ForkLog 37 18.04.2024

Kraken Unveils Non-Custodial Wallet

Kraken, the second-largest cryptocurrency exchange in the United States, has launched a wallet designed for self-custody. It is available to all users, not just the platform’s clients. Meet the brand new Kraken Wallet: simple, secure, powerful. ?️ Manage multiple wallets? Multi-chain support? Manage NFTs & DeFi positions? IP privacy & Encryption? No client side tracking […]

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ForkLog 18 17.04.2024

South Korean Won Surpasses Dollar in Crypto Exchange Turnover, Reports Kaiko

In the first quarter of 2024, the South Korean won surpassed the US dollar in total trading volume on Bitcoin exchanges, reaching $456 billion compared to $445 billion. These estimates were presented by Kaiko. Source: Kaiko. The last time such high activity was observed on South Korean cryptocurrency platforms was two years ago. The drivers […]

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ForkLog 39 16.04.2024

Dzengi.com: the market for tokenised assets is booming

At the end of 2023, the Belarusian cryptocurrency exchange Dzengi.com announced its expansion into the markets of Azerbaijan, Armenia, Georgia, Moldova, Tajikistan and Turkmenistan.

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ForkLog 17 16.04.2024

Bitget Introduces Pre-market Trading Platform

The cryptocurrency exchange Bitget has launched a Pre-market platform for purchasing tokens prior to their official listing. The first project on the platform is Merlin Chain (MERL), as announced in the exchange’s blog.

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ForkLog 9 15.04.2024

Bitget Sees Trading Volume Double in First Quarter

The trading volume on the spot and futures markets of the cryptocurrency exchange Bitget increased by 100% and 146% respectively in the first quarter of 2024, while the value of Bitget Token (BGB) rose by more than 80%. This was reported in the exchange’s report. Since the beginning of the year, Bitget has listed 186 […]

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ForkLog 23 10.04.2024

Founder of ACE Exchange Charged with $10.7 Million Fraud

Taiwanese prosecutors have charged David Pan, the founder of local cryptocurrency exchange ACE Exchange, and six accomplices with money laundering and fraud amounting to at least $10.7 million. According to the authorities, the trading platform managed the Alfred Wallet app and A+Card through an offshore entity. Users deposited cryptocurrencies into accounts, which the exchange’s team […]

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ForkLog 51 29.03.2024

Raids Conducted at Moscow Offices of Bitcoin Exchanges Beribit and ABCEX

On March 29th, law enforcement officers raided the office of the cryptocurrency exchange Beribit, located on the 52nd floor of the Federation Tower in “Moscow-City,” according to the Telegram channel Shot. To gain entry, the authorities had to break down the door. At the time of writing, the Beribit website is not operational. Source: Telegram […]

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ForkLog 51 26.03.2024

Binance Joins Global Travel Rule Alliance for FATF Compliance

Bitcoin exchange Binance has joined the Global Travel Rule (GTR) Alliance. The platform provides infrastructure to comply with the recommendations of the FATF. According to a statement, this “strategic step” aims to enhance regulatory compliance and strengthen data security. The Travel Rule, known as Recommendation 16 of the Group, requires the VASP to share client […]

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ForkLog 20 26.03.2024

Philippine Authorities Move to Block Binance

The Philippine Securities and Exchange Commission (SEC) has taken steps to prevent local traders from accessing Binance’s services. The agency has approved the submission of an official request to the National Telecommunications Commission (NTC) to block the website and other web pages used by the world’s largest crypto exchange. According to the Commission’s statement, Binance […]

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ForkLog 29 22.03.2024

Kyrgyzstan’s Four Dragons Exchange Reveals Hack Details

Representatives of the Kyrgyz cryptocurrency exchange Four Dragons, which suffered a hack in late February, have disclosed some details of the incident investigation to ForkLog. According to them, unknown individuals stole USDT from the platform’s hot wallet during a major transaction. Four Dragons declined to disclose the amount of the loss, citing the confidentiality of […]

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ForkLog 45 20.03.2024

Uzbekistan Raises Fees for Bitcoin Exchanges and Exchangers

The NAPP of Uzbekistan has adjusted the monthly fixed fees for cryptocurrency exchanges and exchangers operating in the country. The decision followed an analysis indicating sufficient profitability among service providers in the crypto asset sector. For exchanges, the mandatory fees have increased from 400 BCU to 740 BCU (251.6 million soums or ~$20,015), and for […]

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