Centralized Exchanges (CEX) | ForkLog

ForkLog 101 08.05.2025

Bitget COO: Numerous Opportunities for Young Professionals

In 2025, the cryptocurrency exchange Bitget launched several initiatives aimed at expanding its team and attracting young talent to the blockchain and Web3 sectors. In February, the trading platform announced the launch of the Bitget Graduate Program, as well as the expansion of the Bitget Builders program.

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ForkLog 70 07.05.2025

Movement Labs Dismisses Co-founder Amid MOVE Token Scandal

Movement Labs has announced the dismissal of co-founder Rushi Manche following a scandal involving market makers and price manipulation of the MOVE token. Movement Labs has terminated Rushi Manche. Movement will continue under different leadership. Details on leadership changes and a revamped governance structure will be coming soon. — Movement (@movementlabsxyz) May 7, 2025 The […]

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ForkLog 41 28.04.2025

Bitget Accuses Eight Traders of $20 Million VOXEL Manipulation

Cryptocurrency exchange Bitget has identified eight traders involved in manipulating the token of the game Voxie Tactics (VOXEL), built on Polygon. This was reported by Xie Jiayin, head of the Chinese division of the trading platform. 看到有社区在讨论BG发出的律师函，我核实后，想跟大家澄清几个细节：1、Bitget 将陆续发出8份律师函。2、这8个账户疑似相关联的专业羊毛利益集团，是导致本次VOXEL事件的主要始作俑者，并从中不当得利超过2000万美金。3、追回的资金，Bitget 将100% 以空投形式发放给平台用户！… — 谢家印 (@xiejiayinBitget) April 27, 2025 According to him, the accounts involved in the incident […]

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ForkLog 31 24.04.2025

Are users shifting to DEXs?

How many users are abandoning centralised exchanges (CEXs), and can decentralised rivals (DEXs) seize the initiative? Fedor Ivanov, director of analytics at Shard, shares his view with ForkLog readers. How US and EU pressure affects exchanges Crypto exchanges have long been seen as analogues of traditional financial institutions, chiefly banks. Regulators, however, are only now […]

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ForkLog 39 24.04.2025

KuCoin Enters Thai Market Following Binance’s Lead

The regulated Thai digital token exchange ERX has launched the licensed platform KuCoin Thailand, as reported by local media. The platform will offer clients a full suite of products from one of the world’s largest bitcoin exchanges. “This partnership gives us access to global infrastructure and resources, which we will use to create localized solutions […]

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ForkLog 50 23.04.2025

BloFin Joins Elite Group of Exchanges with Unified Trading Account Support

The cryptocurrency exchange BloFin has announced the full launch of its Unified Trading Account (UTA), which integrates spot and futures accounts. This was revealed in a press release. BloFin introduced the UTA in early April. According to exchange representatives, the company, alongside OKX, Bybit, and Gate.io, is among the few trading platforms offering this feature. […]

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ForkLog 13 21.04.2025

Cryptocurrency Exchange Volume Hits Six-Month Low Amid Rising Derivatives Demand

On April 20, the combined trading volume (7 DMA) on platforms such as Binance, Coinbase, and Bitfinex fell to $30 billion—its lowest since mid-October 2024. This data was reported by The Block. Source: The Block. From a peak in early December ($132 billion), the figure has plummeted by more than 75%. Similar trends are observed […]

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ForkLog 27 21.04.2025

Bitget to Compensate Losses Following VOXEL Token Manipulation

The cryptocurrency exchange Bitget announced the cancellation of trades and compensation for users following unusual activity in the VOXEL market. This concerns futures linked to the token of the game Voxie Tactics, built on Polygon. On April 20, a sharp increase in VOXEL volumes triggered Bitget’s risk management system. According to the exchange’s statement, some […]

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ForkLog 14 18.04.2025

Kraken Undergoes Significant Job Cuts Ahead of IPO

In recent months, cryptocurrency exchange Kraken has laid off “hundreds of employees.” The business optimization, amid a potential listing in the US, affected all company divisions, reports CoinDesk. In late October 2024, Kraken reduced its workforce by 400 people, or about 15% of its staff. This followed the appointment of venture investor Arjun Sethi as […]

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ForkLog 41 17.04.2025

Market‑making deals quietly ‘kill’ crypto projects

Market makers can crash token prices, creating a “death spiral” for projects. Opaque deals between market participants foster abuse. Retainer models with fixed fees reduce risks and encourage long-term cooperation. Given incentives that allow abuse, market makers, instead of securing a listing on CEX and providing liquidity, can trigger a “death spiral” for smaller crypto […]

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ForkLog 92 17.04.2025

Cryptocurrency Exchange BloFin Achieves ISO 27001 Certification

The cryptocurrency exchange BloFin has been awarded the ISO 27001 certification, confirming the platform’s compliance with the international standard for information security management systems (ISMS), according to a press release.

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ForkLog 18 16.04.2025

Movement Network Probes Market Maker ‘Anomaly’

The Movement Network team has launched an investigation after Binance ceased collaboration with an unnamed market maker due to price manipulation of the MOVE token. This was reported by Blockworks. A representative from Movement Labs confirmed to the publication that a third party has been engaged in the process. In light of this, project co-founder […]

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