Tagged: okx

Following Investigations by Tether, OKX, US DoJ, $225M in “Stolen” USDT Now Frozen, Funds “Linked” to Crime Syndicate

Tether, the largest company in the cryptocurrency ecosystem, and leading global crypto exchange and Web3 technology company OKX, announced that they have assisted the United States Department of Justice (DOJ) in an investigation that “led to Tether proactively and voluntarily freezing approximately 225 million in… Read More

OKX, CoinShares, Komainu Introduce Trading of Segregated Assets Under Custody for Institutional Clients

OKX, a cryptocurrency exchange and Web3 technology company, has collaborated with regulated digital asset custody service provider Komainu and CoinShares (Nasdaq Stockholm: CS), a European alternative asset manager specializing in digital assets, to empower CoinShares “to conduct 24/7 trading through the OKX platform while assets… Read More

Hong Kong Digital Bank, ZA Bank Supports OKX with Operating Account, as Hong Kong Aims to Become Crypto Hub

Hong Kong is showing its support for digital assets today as ZA Bank, one of a handful of regulated digital banks in the jurisdiction, has announced support for crypto exchange OKX Hong Kong. ZA Bank has issued a statement indicating they will provide an operating… Read More

OKX Ventures Invests in Modular Blockchain Network Celestia Labs

OKX Ventures, the investment arm of crypto exchange and Web3 technology company OKX,  announced the participation in last year’s Series B for Celestia Labs. Celestia is described as “the first modular blockchain network, meaning developers can use Celestia as a base layer for consensus and… Read More

Web3 Adoption: OKX Ventures Invests in Aark Digital, dappOS, 0xScope, Covering L2 Derivatives, Operating and Knowledge Graph Protocol

During the past month, the crypto industry has experienced rapid growth. OKX Ventures has identified several scenarios where significant progress has been made: SocialFi has introduced “remarkable” products. Friend.tech has reportedly “generated over 10,000 ETH in revenue, with a TVL surpassing 30,000 ETH.” Their total… Read More

Crypto Exchange: OKX Supports Dora Factory Token Migration

Global crypto exchange and Web3 company OKX has announced its support for the upcoming migration of Dora Factory (DORA) tokens, scheduled to take place on September 6, 2023, at 11:00 (UTC). In line with Dora Factory’s official token migration plan, OKX will cancel all pending… Read More

Digital Assets: OKX, Komainu to Enable 24/7 Trading of Segregated Assets Under Custody for Institutions

OKX, which claims to be the world’s second largest cryptocurrency exchange by trading volume (behind Binance) and a “leading” Web3 technology company, and regulated digital asset custody service provider Komainu, announced that OKX has “joined collateral management platform Komainu Connect, enabling institutional customers to conduct… Read More

Digital Assets: SlowMist, OKX to Support Advanced Security Solutions

SlowMist and OKX have recently announced a strategic partnership to focus on “enhancing digital asset ecosystem security, digital asset anti-money laundering (AML), and conducting security technology research.” Both parties will collaborate “to develop comprehensive and innovative security services to address the growing demand for secure… Read More

Texas Introduces New Legislation for Crypto Firms Addressing Comingling of Funds, Proof of Assets

The state of Texas has introduced new legislation targeting digital asset providers. The bill relates to the “comingling of funds” by crypto platforms. As one would anticipate, the language of the bill requires digital asset platforms not to mix customer funds with those belonging to… Read More

Crypto Exchange OKX Deploys Alchemy Pay’s Fiat Onramp Solution for Seamless Purchases

OKX has launched the Alchemy Pay fiat-crypto on-ramp solution on its platform. Alchemy Pay’s payment on-ramp “supports fiat deposits with Visa and MasterCard, as well as numerous popular fiat mobile wallets in emerging markets.” The ramp integration “makes it easy for the public to access… Read More

Digital Assets Market Makes Remarkable Rebound, Metaverse, Smart Contract Sectors Performing Well: Coinmetrics Report

In a report titled, Monitoring the Currents of the Crypto Market, Matías Andrade and Kyle Waters from Coinmetrics noted that the digital asset market is “experiencing a surge in activity as we kick off the new year. The update from Coinmetrics points out that Bitcoin… Read More

OKX Adds Copy Trading in Move to Overhaul Trading Experience

OKX has announced a new feature labeled “Copy Trading” in a move to “overhaul the trading experience.” Copy Trading is a tool that enables Social Trading. Users can follow high-performing traders and replicate their trades in new real-time. OKX states that there is a common… Read More

OKX Publishes Proof of Reserves

OKX, one of the largest crypto exchanges in the world, has published its Proof of Reserves (PoR) for the second time. OKX says this is part of its commitment to transparency, adding that it plans to publish PoR each month on the 22nd.  Following the… Read More

OKX Chain Introduces Liquid Staking to Improve Holders’ Assets Liquidity, Utilization

OKC (OKX Chain), the EVM and IBC-compatible chain backed by OKX – the world’s “second-largest” crypto exchange by trading volume, announced the launch of their Liquid Staking protocol. Liquid Staking is meant to be “a key element for the rapidly-expanding DeFi ecosystem on OKC, offering… Read More

Digital Asset Platform OKX Introduces Quick Transfer Feature

OKX, which claims to be a leading cryptocurrency platform, has introduced the “seamless” Quick Transfer feature and announced Ledger hard wallet compatibility “to streamline self-custody for millions of users.” The Quick Transfer feature “allows OKX users to easily transfer assets between the OKX exchange and… Read More

Digital Asset Firm OKX Secures Registration in The Bahamas, Establishes Local Hub in Nassau

OKX, which claims to be the world’s second largest crypto exchange by volume (behind Binance) and a web3 platform, announced its registration as a Digital Asset Business in The Bahamas “under the newly adopted Digital Assets and Registered Exchanges (DARE) Act.” The company has also… Read More

OKX Provides Wallet Support for Aptos Network, Lists APT as Aptos Mainnet Goes Live

OKX, which claims to be the world’s second-largest crypto exchange by trading volume (behind Binance), has launched a number of activations in coordination with the launch of the Aptos Mainnet. Aptos is a layer 1 project that aims “to develop a safe, scalable, and upgradeable… Read More

Digital Asset Firm OKX Teams Up with Pyth Network

OKX, which claims to be the world’s “second largest” cryptocurrency exchange (presumably after Binance), announced that it is partnering with Pyth network, a next-generation Oracle solution built on the Solana blockchain and designed “to provide trusted and verifiable market data to decentralized applications.” Pyth operates… Read More

OKX Introduces OKX Lite to Make Crypto Trading, Earning More Accessible

OKX, which claims to be the world’s “second-largest” cryptocurrency exchange, announced the launch of OKX Lite, a simplified version of its trading app that “makes it easy for users to buy, sell, swap and put their crypto to work.” With a more streamlined look and… Read More

Ethereum to Move Transactions Off Mainnet and Onto Layer-2, ETH-Compatible Chains: Report

Now that Ethereum (ETH), the world’s largest smart contract platform, has completed the Merge, it’s time to get ready for the next set of Ethereum upgrades – “the Surge, Verge, Purge, and Splurge.” As noted in an update released via an OKX – Okcoin research… Read More

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