Centralized Exchanges (CEX) | ForkLog

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ForkLog 9 04.07.2022

WonderFi closes acquisition of Coinberry

Supported by TV personality Kevin O’Leary, the DeFi platform WonderFi Technologies has acquired the Canadian cryptocurrency exchange Coinberry, according to a press release.

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ForkLog 8 04.07.2022

Trading volumes on India’s crypto exchanges fell after a tighter tax regime for traders

On July 1, trading volumes on India's leading bitcoin exchanges fell sharply, according to Nomics. The reason was the introduction of a 30% tax on profits from cryptocurrency transactions and a 1% levy under the TDS.

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ForkLog 11 30.06.2022

Hong Kong-regulated OSL to cut 40–60 staff, about 15% of the workforce

The Hong Kong-regulated bitcoin exchange OSL will cut 40 to 60 staff (about 15% of its workforce). The Block reports, citing sources familiar with the situation. A company spokesperson confirmed the information but did not provide specific figures. He explained that the optimisation was not triggered by the Terra collapse or the discount of stETH to ETH. The company had not worked with any firms facing liquidity problems amid the market downturn.

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ForkLog 14 28.06.2022

Huobi plans to cut 30% of staff

The cryptocurrency exchange Huobi will cut its staff by 30% amid a sharp drop in revenues following the ban on users from China in September last year, according to journalist Colin Wu.

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ForkLog 11 28.06.2022

Unizen, a CeDeFi exchange, raises $200 million from Global Emerging Markets

Positioning itself as a CeDeFi exchange on the BNB Chain, Unizen has agreed to raise $200 million from Global Emerging Markets (GEM) to develop the ecosystem.

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ForkLog 19 27.06.2022

Kaiko forecasts a difficult period for crypto exchanges

Cryptocurrency exchanges will be tested by adverse market conditions, shrinking client activity and problems among several industry participants. Some may go bankrupt if they are not bailed out by firms such as FTX or Alameda, Kaiko notes.

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ForkLog 27 23.06.2022

What to do if a crypto exchange blocks a transaction or an account, says lawyer

The lawyer from Juscutum law firm, Andrey Martsinyak, explained to ForkLog why crypto exchanges block users’ funds and what to do if this happens to you.

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ForkLog 5 22.06.2022

Huobi accuses former employee of illegal trading, according to FT

The cryptocurrency exchange Huobi has filed a civil suit against former senior manager Chen Boliang, according to the Financial Times (FT).

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ForkLog 9 17.06.2022

FTX acquires Canadian-regulated crypto platform Bitvo

The cryptocurrency exchange FTX announced that it would acquire the Alberta-based regulated digital assets platform Bitvo, according to a press release.

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ForkLog 28 16.06.2022

Kraken CEO accused of imposing toxic corporate culture

Kraken CEO Jesse Powell presented a document on the company's corporate culture and urged all employees who disagreed with its contents to resign.

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ForkLog 16 16.06.2022

BitMEX co-founder given probation instead of prison

A federal court in New York has imposed a 30-month probation on BitMEX co-founder Benjamin Delo, accused of violating the Bank Secrecy Act.

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ForkLog 7 16.06.2022

AIFC-based exchanges will be able to open accounts in Kazakh banks

A special working group, comprising representatives of the Ministry of Digital Development, the National Bank and other regulators of Kazakhstan, утвердила the rules for the interaction of cryptocurrency exchanges based at the Astana International Financial Centre (AIFC) and second-tier banks.

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#Centralized Exchanges (CEX)