#Centralized Exchanges (CEX)

All about cryptocurrency exchanges - latest news and analysis. Review and comparison of key cryptocurrency exchanges.

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ForkLog 8 29.08.2022

CoinSwitch says it is cooperating with Indian authorities after reports of raids

The cryptocurrency exchange CoinSwitch Kuber is cooperating with India's Enforcement Directorate (ED), and the earlier searches at the company's offices are not related to money laundering. This was stated by the platform's chief, Ashish Singhal.

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ForkLog 15 27.08.2022

Forbes: More than half of Bitcoin trades on exchanges are fake

More than half of Bitcoin trades on centralized platforms have no economic sense and are fake, according to Forbes analysts in a recently published study.

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ForkLog 6 26.08.2022

Bloomberg reports raids on CoinSwitch offices as India’s ED probes forex violations

The Enforcement Directorate (ED) of India conducted searches at five premises of the a16z-backed cryptocurrency exchange CoinSwitch Kuber as part of an investigation into forex-rule violations, Bloomberg reports.

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ForkLog 29 25.08.2022

WhiteBIT lists internal token WBT

The cryptocurrency exchange WhiteBIT listed the internal token WhiteBIT Token (WBT). The asset was added to the platform on 25 August at 17:00 (Kyiv/Moscow time).

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ForkLog 8 25.08.2022

Thai SCBX pulls out of Bitkub acquisition for $500 million

The SCBX Group financial conglomerate has pulled out of the deal to acquire the Bitkub cryptocurrency exchange for $500 million. The owner of Thailand's oldest bank, Siam Commercial Bank, cited regulatory reasons, Kaohoon reports.

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ForkLog 10 23.08.2022

Turnover on DBS’s institutional crypto platform doubles

The DBS platform DDEx, affiliated with Singapore's largest bank, reported that crypto transactions doubled in June versus April. The report comes from Finews Asia.

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ForkLog 9 22.08.2022

Media: Major Korean brokers plan to launch cryptocurrency exchanges

Seven major South Korean brokerage firms filed applications for the approval of corporate structures to launch cryptocurrency exchanges in the first half of 2023. NewsPim reports.

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ForkLog 16 22.08.2022

Hackers used a deepfake in a Binance listing scam

A group of hackers impersonated Binance’s Chief Communications Officer Patrick Hillmann in a series of video calls with representatives of cryptocurrency projects, promising to assist in listing on the exchange for a fee.

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ForkLog 11 21.08.2022

Media: FTX’s 2021 revenue surpassed $1 billion

FTX's 2021 revenue surpassed $1 billion. The figure was roughly ten times higher than the previous year ($90 million).

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ForkLog 6 19.08.2022

Australian crypto exchange Swyftx cuts 74 staff amid crypto winter

The Australian cryptocurrency exchange Swyftx cut its staff by 21% to reduce costs during the bear market. According to a note from management.

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ForkLog 33 18.08.2022

In South Korea, 16 crypto exchanges accused of violating the law

The Financial Services Commission of South Korea (FSC) has charged 16 overseas cryptocurrency platforms with providing services to residents without registration, according to News1.

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ForkLog 25 10.08.2022

Hotbit exchange suspends trading and withdrawals

As of August 10, the Hotbit cryptocurrency exchange suspended trading, deposits and withdrawals for all clients. The timeline for resuming operations is unknown.

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