OKX Exchange News
BitForex’s Slow Exit: Withdrawal Delays Frustrate Users
BitForex, the now-defunct cryptocurrency exchange, issued a reassuring update early Saturday, promising to continue processing withdrawals for users who still have assets on the platform. In a recent X post,...
Tornado Cash: Hackers Launder $37 Million in Stolen Ethereum
In a recent development, blockchain security firm PeckShieldAlert reported that a hacker-labeled address linked to Crypto Exchange Rain transferred 721 Ethereum (ETH), valued at approximately $1.7 million, to the crypto...
Crypto in Nigeria: A Rollercoaster of Regulation, Arrests, and P2P Boom
Nigeria, Africa’s largest crypto market south of the Sahara, is experiencing a dramatic shift in its cryptocurrency landscape. Recent regulatory actions and high-profile cases, such as the arrest of Binance’s...
Crypto Market Volatility Surges as Bitcoin Options Expiry Looms, Mt. Gox Sells
Centralized exchanges saw liquidations totaling $85 million in the past hour as Bitcoin faced heavy selling pressure linked to Mt. Gox’s customer compensation, according to data. Long positions liquidated during...
Binance Slapped with $2.25 Million Fine by Indian Financial Regulator
India’s Financial Intelligence Unit (FIU) has fined Binance, the world’s largest cryptocurrency exchange, $2.25 million for allegedly operating in the country without complying with anti-money laundering regulations. This marks the...
zkSync Slumps: OKX CEO Offers Counter-Narrative
OKX CEO Star Xu has questioned the growing criticism surrounding zkSync, a layer-2 scaling solution for Ethereum. Many have accused zkSync of being a “scam,” particularly in the wake of...
OKX Hacked: Victims Reimbursed, 2FA Security Beefed Up
The two OKX users who were recently hacked received their full compensation from OKX. . Chinese crypto journalist Colin Wu had a report on two user accounts that were hacked...
OKX Backlog Snarls Bitcoin Transactions, Fees Surge
A backlog of user wallet consolidation transactions on cryptocurrency exchange OKX is causing significant congestion on the Bitcoin network. Mempool founder @mononautical reports that OKX has nearly 1,000 unconfirmed transactions...
Hong Kong’s Crypto Ambitions Thwarted by Mainland China’s Crackdown
Regulatory pressure from mainland China is prompting many top crypto firms to withdraw their license applications in Hong Kong. According to reports, local affiliates of top exchanges with ties to...
OKX Retreats from Hong Kong as Crypto Regulations Tighten
OKX, the Seychelles-based cryptocurrency platform, has withdrawn its application for a Virtual Asset Service Provider (VASP) license in Hong Kong, citing a reassessment of its business strategy. The exchange announced...
High Volatility Woes: Notcoin Price Drops Despite Exchange Support
The recent launch of Notcoin (NOT), a gaming token designed to introduce users to the Web3 ecosystem, was marked by significant volatility. Within 24 hours of its highly anticipated airdrop,...
OKX Becomes the Largest Crypto Exchange Offering AUD Services
OKX, the second largest crypto exchange by trading volume, has announced the launch of its spots and derivatives crypto trading platform in Australia. With its efforts to expand its services...
Breaking: OKX Jumpstart Introduces RUNECOIN Mining By BTC Staking
OKX Jumpstart, a leading centralized exchange (CEX), has recently introduced RUNECOIN (RSIC•GENESIS•RUNE) on the platform. As per the official announcement dated April 29, 2024, OKX Jumpstart will commence RUNECOIN mining...
OKX Founder Dismisses Rumors About His Arrest in the United States
In a recent turn of events, rumors have circulated regarding OKX Founder Star Xu’s arrest by American authorities. However, Xu has refuted the claims by posting messages on his official...
OKX Exits Indian Market Amid Regulatory Challenges
OKX, a leading cryptocurrency exchange, announced the closure of its Indian operations, allowing customers to withdraw their funds from the exchange until the 30th of April. This decision comes after...
