Sun, January 5

OKX DEX Faces Security Breach Resulting in $424,000 Stolen

Hackers stole over $424,000 from user accounts at the prominent OKX DEX earlier today in a big catastrophe. Wallets linked to the OKX decentralized exchange (DEX) were recently the targets of theft due to an exploit. A loss of more than $424,000 was caused by a suspected assault that included

December 13, 2023 1 min read

OKX Announces Offering Crypto Services in the Brazilian Market

Crypto exchange OKX recently announced that it will be expanding its offerings in Brazil by launching a local cryptocurrency exchange and Web3 wallet platform. The organization announced on November 27 that it is concentrating on offering a Brazilian real fiat-on-ramp gateway to cryptocurrency trading and DeFi. OKX Brazil’s general manager

November 27, 2023 1 min read

OKX Collaborates With Key Participants to Offer Off-Exchange Derivatives Trading

Crypto exchange OKX has expanded its relationship with asset management firm CoinShares and custodial joint venture Komainu to provide derivatives trading without the threat of counterparty risk often associated with holding assets on the exchange. Following the FTX buzz last year, many industry participants have developed secure off-exchange trading and settlement mechanisms.

November 15, 2023 2 mins read

OKX Makes Key Amendments to Comply With UK FCA Regulations

In light of recent changes to the laws governing cryptocurrency exchanges in the U.K enacted by the Financial Conduct Authority (FCA), OKX UK, a subsidiary of the global crypto exchange OKX, said in a blog post that it would be making substantial changes to the tokens it supports. OKX UK

October 8, 2023 1 min read

Huge Ethereum Whale Dumps 33K ETH to OKX, What’s Ahead?

The recent happening involving Ethereum, the second largest cryptocurrency, has caught the attention of cryptocurrency enthusiasts and market analysts alike. A staggering 33,000 ETH was transferred from an unidentified sender to the crypto exchange OKX. Whale Alert, a popular crypto whale tracker, flagged this transaction that took place on Tuesday

September 19, 2023 2 mins read

Crypto Exchange OKX Eyes Entry Into the Indian Web3 Market

Crypto exchange OKX, aims to join the Indian market and hire locals to help grow the scope of Web3 apps. OKX’s chief marketing officer, Haider Rafique, has said that the business intends to “exponentially ” expand the availability of its wallet services by engaging with the Indian developer community. He

September 2, 2023 1 min read

Crypto Exchange OKX Releases 10th Proof-of-Reserve (PoR) Report

Crypto exchange OKX has released its tenth Proof-of-Reserve (PoR) report to gauge its liquidity in the highly volatile market. According to the data included in the report, the exchange’s reserves of BTC, ETH, and USDT have grown to a total of $10.4 billion. OKX is one of the few exchanges

August 30, 2023 1 min read

OKX Unveils Nitro Spreads For Advanced Traders

Leading crypto exchange OKX has unveiled its latest offering, “Nitro Spreads”, on its institutional Liquid Marketplace. This groundbreaking tool enables traders to execute complex basis trades with a ‘single click’, streamlining the process and enhancing efficiency. Basis trading involves capitalizing on the price difference between two distinct markets, such as

June 27, 2023 1 min read

OKX’s BRC-20 Token Standard Security Assessment Approved by CertiK

OKX’s implementation of the BRC-20 token standard has passed a security assessment conducted by CertiK, the industry leader in blockchain security. This is a crucial step towards adding Ordinals to the Bitcoin blockchain. And a turning point for the cryptocurrency and blockchain industries. CertiK and @okx have joined forces to

June 26, 2023 2 mins read
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