Centralized Exchanges (CEX) | ForkLog

ForkLog 158 05.07.2025

OKX CEO Apologizes for Compliance Control Failures

Star Xu, founder and CEO of the bitcoin exchange OKX, has apologized to users for unjustified account suspensions. The entrepreneur attributed these issues to “false positives” in the exchange’s compliance control system. According to the head of the exchange, these processes still face challenges such as “a high rate of erroneous judgments and suboptimal information […]

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ForkLog 109 04.07.2025

FTX Proposes New Payment Plan for ‘Problematic’ Countries

Representatives of the bankrupt exchange FTX have filed a court motion proposing a new payment procedure for users in ‘problematic’ jurisdictions. This was reported by Sunil Kavuri, a representative of the platform’s largest creditor group. FTX: Restricted countries Disputed claims 49 Jurisdictions -5% allowed claims in restricted countries 82% of value in China Due to […]

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ForkLog 27 02.07.2025

DEX Gains Market Share Amid Decline in CEX Activity

In June, the ratio of futures trading volumes between DEX and CEX reached an all-time high of 8%. Meanwhile, spot trading on centralized platforms fell to its lowest level since September 2024. A key driver of growth in the derivatives sector was the platform Hyperliquid. Despite a 15% decline in its own trading volume to […]

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ForkLog 98 28.06.2025

Gemini Introduces Tokenized Strategy Shares in Europe

The cryptocurrency exchange Gemini has granted traders in the EU access to tokenized shares of American companies. The first blockchain product offered is the shares of Michael Saylor’s Strategy. Tokenized stocks have arrived. Our customers in the EU can now buy tokenized Strategy (MSTR) on Gemini and take it anywhere onchain. ?? We are starting […]

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ForkLog 40 27.06.2025

Grinex Responds to Financial Times Investigation on A7A5 Ruble Stablecoin

Representatives of the cryptocurrency exchange Grinex have responded to a Financial Times investigation regarding the circumvention of sanctions using the A7A5 ruble stablecoin. According to the publication, approximately $9.3 billion in A7A5 tokens passed through the platform over four months. In comments to ForkLog, the Kyrgyz crypto platform stated that transactions from CIS countries are […]

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ForkLog 89 24.06.2025

BloFin Ranks Among Top Three in Futures Market Liquidity

The cryptocurrency exchange BloFin has secured the second position globally in order book depth in the futures market, surpassing OKX and trailing only Binance. This was reported to ForkLog by BloFin representatives, citing API monitoring data from June 16 to 19, 2025. With a price deviation of 0.1%, the aggregate depth of BloFin’s futures market […]

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ForkLog 47 24.06.2025

Binance Introduces Tools for Token Transparency Analysis

The cryptocurrency exchange Binance has introduced a feature for tracking Locked Addresses and a Concentration Indicator. These new tools aim to assist traders in making more informed decisions when trading crypto assets, as reported in the platform’s blog. The features are available under the “Information” tab on the token page in both the web version […]

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ForkLog 37 20.06.2025

Coinbase Secures MiCA License in Europe

The largest American cryptocurrency exchange, Coinbase, has obtained a MiCA license from the Luxembourg Commission for the Supervision of the Financial Sector. Moien, Lëtzebuerg. ?? We’re pleased to have secured our Markets in Crypto Assets (MiCA) licence from the CSSF in Luxembourg. We can now offer a full suite of crypto products and services to […]

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ForkLog 29 17.06.2025

Binance’s Spot Trading Market Share Reaches Annual High

The market share of Binance, the largest cryptocurrency exchange, in spot trading has reached its highest level (41%) in the past 12 months, according to data from The Block. Data: The Block. The platform’s share in Bitcoin trading reached 45.6% — the highest level since July 2024. Since March 2025, its share in the Ethereum […]

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ForkLog 138 07.06.2025

Gemini Exchange Files for IPO with SEC

The cryptocurrency exchange Gemini has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC) for an IPO. The proposed initial offering of Class A shares will occur following the regulator’s review of the application. Gemini has not yet determined the number or price range of the shares […]

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ForkLog 123 05.06.2025

CoinEx Launches Reward Center Offering Up to $100 for New Users

On June 4, CoinEx introduced the Reward Center, a platform designed to reward users for participating in activities on the cryptocurrency exchange. This was announced on the trading platform’s website.

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ForkLog 62 04.06.2025

BloFin Becomes Premium Sponsor of The Trends 2025 Forum in Moscow

The cryptocurrency exchange BloFin has taken on the role of premium sponsor for the international forum-exhibition The Trends 2025, held on May 28–29 in Moscow. The event attracted over 13,000 participants from more than 30 countries, according to representatives from the trading platform who spoke to ForkLog. Source: BloFin. The Trends 2025 served as a […]

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