Centralized Exchanges (CEX) | ForkLog

ForkLog 22 25.03.2025

Binance Suspends Employee Over Insider Trading Allegations

The cryptocurrency exchange Binance has suspended a member of its Binance Wallet team for allegedly using insider information to secure illicit profits. Investigation Findings on Staff Misconduct in Trading Dear Binance Users and Community Members, On March 23, 2025, Binance’s Internal Audit team received a complaint alleging that one of our staff members engaged in […]

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ForkLog 47 24.03.2025

Blynex Accused of Unlawful Liquidation of DHN Token

Learn-to-Earn platform Dohrnii Labs has accused the UAE-based cryptocurrency exchange Blynex of liquidating its tokens without permission and failing to disburse a promised loan, according to Cointelegraph. The aggrieved party claims to have deposited 12,649.99 Dohrnii (DHN) tokens worth over $500,000 on the exchange. On March 23, Dohrnii Labs used 8,650 DHN as collateral for […]

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ForkLog 147 20.03.2025

Coinbase Emerges as Leading Centralized Ethereum Node Operator

As of March 3, the cryptocurrency exchange Coinbase controlled 11.42% of the total staked ether, amounting to 3.84 million ETH. The platform’s number of Ethereum validators reached approximately 120,000. We’re excited to announce our first Ethereum Validator Performance Report, marking a new level of transparency in our ETH staking operations. This comprehensive report covers:→ Validator […]

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ForkLog 20 20.03.2025

Garantex Operators Launch New Cryptocurrency Exchange

The shuttered Russian bitcoin exchange Garantex is transferring funds to a new platform named Grinex, according to analysts at Global Ledger. ‼️Compliance alert: #Garantex founders launch a new platform 1/ Following Garantex’s shutdown and #Tether freezing its wallets, the founders have launched Grinex. Here’s what we’ve uncovered ? pic.twitter.com/m28einnisn — Global Ledger (@GlobalLedger) March 19, […]

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ForkLog 11 18.03.2025

Bitget and 0xConnect Girls to Host Pitch Contest for Female Entrepreneurs in Russia

The cryptocurrency exchange Bitget, in collaboration with the organisers of the crypto meetup 0xConnect Girls, will host Pitch & Slay—a pitch contest for female entrepreneurs in the blockchain and cryptocurrency sector with a prize fund of $5000, according to a press release. The event is part of the global Blockchain4Her programme, aimed at promoting gender […]

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ForkLog 51 17.03.2025

Cryptocurrencies for Everyone: MEXC COO Tracy Jin on Her Industry Journey

Women account for 39% of all cryptocurrency owners, according to a study by the payment company Triple-A. However, the team at the crypto exchange MEXC believes they are underrepresented in cryptocurrency projects, particularly in leadership roles. In the lead-up to International Women’s Day, we spoke with COO MEXC Tracy Jin. She shared her experiences working […]

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ForkLog 14 12.03.2025

Alleged Garantex Administrator Arrested in India

Indian authorities, at the request of the United States, have arrested Alexey Beschekov, the alleged co-founder and technical administrator of the cryptocurrency exchange Garantex. This was reported by journalist Brian Krebs. According to sources close to the investigation, the 46-year-old Lithuanian citizen was detained while on a family vacation on the Varkala coast. He is […]

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ForkLog 85 12.03.2025

Kuna Halts Deposits and Announces Closure Date

As of March 12, the bitcoin exchange Kuna has ceased accepting deposits in preparation for its complete shutdown. The company has sent notifications to its clients regarding this development. Users have the opportunity to exchange assets until March 17. Cryptocurrency withdrawals and the activation of Kuna codes are available until March 28. After this date, […]

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ForkLog 61 12.03.2025

Russia Emerges as Leading Traffic Source for Bybit in February

In February 2025, Russian users accounted for 29% of the total traffic to the cryptocurrency exchange Bybit, as reported by journalist Colin Wu. Other platforms popular among Russians include Deribit at 10% and KuCoin at 5%. Activity on Deribit is partly linked to the platform’s announcement of terminating services for Russian clients in compliance with […]

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ForkLog 13 11.03.2025

Garantex Pledges to Compensate Clients for Frozen Crypto Assets

The exchange Garantex has announced the commencement of negotiations with users regarding the compensation of assets frozen at the behest of Tether. This was stated in a press release provided to ForkLog. Representatives of the platform declared that “despite the unprecedented nature of the situation, the company does not shirk its obligations to its users.” […]

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ForkLog 52 10.03.2025

Kyrgyzstan Raises Capital Requirement for Bitcoin Exchanges to $100 Million

The Cabinet of Ministers of Kyrgyzstan has increased the minimum capital requirement for cryptocurrency exchanges from 100 million to 10 billion soms (from $1.14 million to $114.3 million), according to local media. Amendments were made to the resolution “On the Regulation of Relations Arising from the Circulation of Virtual Assets.” The document was signed by […]

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ForkLog 10 08.03.2025

Garantex Exchange Addresses Tether Asset Freeze

The team at Garantex exchange invited users to their Moscow office to resolve the issue of asset freezing by Tether. “We have developed a solution for the frozen assets and invite users with a positive account balance to a personal meeting,” the official statement reads. Clients are encouraged to submit an application via a Telegram […]

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