OKX, one of the leading cryptocurrency exchanges, is currently facing capital outflows amid recent rumors of security breaches. Data from Defillama reveals that OKX has seen outflows of over $204 million in the past 24 hours and $633 million over the past week, surpassing the outflows of other exchanges. In
The prominent OKX crypto exchange platform announced that it has launched its exchange services and Web3 wallet in the Netherlands. The platform made the statement on its X account on June 3, 2024. OKX currently renders services in over a hundred countries as stated in its website. OKX, formerly known
In its ongoing drive to expand throughout the Asia-Pacific region, cryptocurrency exchange OKX has decided to transfer its Australian-focused services to a locally licensed firm. According to OKX president Hong Fang, who spoke at a press conference in Sydney on May 14, the Australian market is significantly underrated. Fang added:
The announcement of OKX, a leading web3 technology firm, as the newest validator on the Chiliz Chain—the first Layer-1 EVM compatible blockchain for sports and entertainment—marks a key milestone for the sports and gaming blockchain industry. By serving as a validator, OKX improves the network’s scalability, security, and governance while making
Users of the OKX exchange have reported that their cryptocurrency accounts were showing an incorrect amount due to an API error. Some OKX users’ balances showed zero dollars, while others displayed tens of millions of dollars, according to a report on X from Wu Blockchain. It seems that thousands of
Crypto exchange OKX has decided to end its operations in India, about three months after nine international exchanges were sent compliance letters by the Financial Intelligence Unit (FIU) of India’s Ministry of Finance. Please close your accounts and withdraw your assets before April 30th, OKX said in a notification addressed
OKX is reportedly gradually removing tether (USDT) trading pairs from the EEA as the EU gets ready to implement a thorough framework for cryptocurrency regulation. An email from OKX to a trader in Europe states that the cryptocurrency exchange is stopping support for USDT trading pairs. Delisting will take place
A huge step forward for the crypto exchange OKX, has been revealed with the announcement that the Monetary Authority of Singapore (MAS) has approved the exchange in principle for a major payment institution (MPI) license. This clearance further establishes OKX as a leading cryptocurrency exchange in Singapore and adds it
In a formal announcement, crypto exchange OKX has introduced OKX TR to the Turkish market. The launch was announced by the corporation on February 27. In partnership with regional financial institutions, OKX TR offers a deposit option and an on-ramp for the Turkish lira fiat currency. Fibabanka, VakıfBank, İş Bankası,
As part of its continuous plan to pursue the Latin American market, crypto exchange OKX has announced its launch into Argentina. This comes after its official debut in Brazil at the end of 2023. It was recently revealed by OKX that its crypto exchange platform, self-custody wallet, and the ability
