Centralized Exchanges (CEX) | ForkLog

ForkLog 21 29.11.2024

Coinbase Faces Monopoly Allegations After Refusing to Support Celo’s Migration to Layer 2

The cryptocurrency exchange Coinbase will not support the transition of the Celo L1 blockchain to the Ethereum ecosystem as a Layer 2 solution, scheduled for January 16, 2025. The Celo L1 blockchain (Coinbase ticker: CGLD) is migrating to Celo L2 on January 16, 2025. Coinbase will not support the migration. Due to migration by hard […]

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ForkLog 11 28.11.2024

XT Exchange Hacked: $1.7 Million Stolen

The centralised cryptocurrency exchange XT has suspended withdrawals due to “technical work and wallet updates.” According to PeckShieldAlert, the platform lost $1.7 million in a hack.

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ForkLog 12 20.11.2024

HTX Offers 6% Annual Yield on Futures Accounts

On November 14, cryptocurrency exchange HTX rebranded its Liquid Restaking service, unveiling its updated version named SmartEarn. To mark the occasion, the exchange announced a giveaway of $300,000 in HTX DAO (HTX) tokens, according to a press release. SmartEarn users can earn an annual yield of 6% by holding Tether (USDT) stablecoins in futures accounts. […]

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ForkLog 101 07.11.2024

HTX Unveils Tokenomics Enhancements with Burn Mechanism and Earn Integration

The introduction of a token burn mechanism and the integration of HTX Earn and PrimePool investment products are set to ensure the long-term growth and stability of the HTX DAO (HTX) governance token. This was announced by Liu Ye, spokesperson for the cryptocurrency exchange HTX, on X.

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ForkLog 20 06.11.2024

KuCoin to Distribute PiggyPiggyCoin Tokens for USDT and KCS Staking

On November 6, cryptocurrency exchange KuCoin announced the addition of the PiggyPiggyCoin (PGC) project to its GemPool platform for airdrops. The platform will distribute tokens for staking PGC, as well as KuCoin Token (KCS) and Tether (USDT), according to a press release. In addition to staking rewards, users can receive a bonus of up to […]

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ForkLog 9 05.11.2024

EXMO.com Offers $5000 Giveaway to Celebrate HTX Token Listing

On November 4, cryptocurrency exchange EXMO.com listed the HTX DAO (HTX) token. To mark the occasion, the platform will distribute $5000 among users for HTX deposits, as announced in their blog. The promotion will run until November 10. To participate, users must: deposit at least 1000 HTX; trade HTX in pairs with USDT/USDC. On November […]

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ForkLog 8 05.11.2024

Coincall Introduces Call Staking to Capitalize on Market Volatility

The cryptocurrency exchange Coincall has launched a Call Staking program. Participants can use locked funds in the investment products Simple Earn and Sofa Rangebound for trading futures and options, according to a press release.

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ForkLog 18 05.11.2024

Mt.Gox Transfers $2.3 Billion in Bitcoin to External Addresses

The bankrupt cryptocurrency exchange Mt.Gox has transferred 34,371 BTC (approximately $2.3 billion) to two unknown wallets. The transactions were recorded by the Arkham service. A total of 32,371 BTC was sent to the address “1FG2C…Rveoy”, while 2000 BTC was transferred to an unmarked wallet “15gNR…a8Aok”. Data: Arkham. This operation is the largest in recent months, […]

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ForkLog 18 01.11.2024

Mt.Gox Transfers $35 Million in Bitcoin from Cold Wallet

The bankrupt cryptocurrency exchange Mt.Gox has transferred approximately 500 BTC (~$35 million) to an unknown address. The transaction from the platform’s cold wallet was recorded by the service Arkham. Data: Arkham. In May, Mt.Gox began moving its bitcoin holdings for the first time in five years, with the amount then estimated at 137,892 coins valued […]

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ForkLog 35 30.10.2024

BloFin Launches Heart & Hope Network Charity Initiative

The cryptocurrency exchange BloFin has announced the launch of its charitable initiative, the BloFin Heart & Hope Network (BloFin H&H Network). This was reported in the trading platform’s blog. The programme aims to implement local events, engage with community life, and distribute resources to those truly in need. “At BloFin, we believe that true greatness […]

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ForkLog 41 24.10.2024

Kraken Reveals Details of Its Own Layer 2 Solution

The American cryptocurrency exchange Kraken plans to launch its own blockchain, Ink, in the first quarter of 2025. This was revealed by its founder, Andrew Koller, in an interview with Bloomberg. Access will be open to both retail and institutional users. The launch of the test network is expected by the end of the year. […]

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ForkLog 84 22.10.2024

Analysts Assess Binance’s Market Share Decline Over the Past Year

Over the past year up to October 9, Binance accounted for $22.5 trillion out of $54 trillion in trading volume across spot and derivatives markets on 22 platforms, according to data from 0xScope. Read the full report here: https://t.co/0PsYzBujP3 pic.twitter.com/wJNz17rwqr — 0xScope (@ScopeProtocol) October 21, 2024 Analysts noted increased competition among CEX, which has weakened […]

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