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
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
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
Dubai, UAE – The Blockchain Economy Summit, recognized as the world’s largest blockchain conference network, is set to redefine the future of finance by bringing together key players and experts from the crypto industry. The highly anticipated 8th edition of the summit will take place over two days in Dubai
The FDIC has warned the California-based cryptocurrency exchange OKCoin USA Inc., which is affiliated with the OKX, to avoid exploiting the FDIC’s name to strengthen its validity. The letter, sent to OKCoin’s CEO Hong Fang, raised concerns that the platform may be in breach of the FDIA’s Section 18(a)(4). Moreover,
In recent developments surrounding BLUR, the highly anticipated token unlock has shed light on the distribution plans for various stakeholders. According to data from Token Unlock, a significant number of tokens are set to be released, including allocations for past and future core contributors, investors, and advisors. A staggering 115.68
OKX, a cryptocurrency exchange situated in Seychelles, has completed the 20th cycle of its Buy-Back and Burn program, burning around 5.5 million OKB tokens. A total of 5,497,312.77 OKB tokens, valued at $258 million based on a 90-day average, were repurchased from the secondary market and burnt, as stated in
In an attempt to set a new benchmark for openness and trust in the cryptocurrency sector, OKX, a cryptocurrency exchange located in Seychelles, has released its seventh proof-of-reserves (PoR) report. OKX holds $10 billion in bitcoin (BTC), ether (ETH), Tether (USDT), and other assets, according to a recent report. Moreover,
To facilitate secure spot trading of virtual assets in Hong Kong, OKX, the world’s second-largest cryptocurrency exchange by trading volume, and a leading Web3 technology business, has published an updated version of its app. In a recent announcement, the Hong Kong exchange revealed that BTC, ETH, ADA, MATIC, SOL, DOT,
OKX, a cryptocurrency exchange, aims to recruit about 100 staff in France over the next three years as it seeks to join the 74 other firms that have been granted regulatory authorization by France’s Financial Markets Authority (AMF). The Seychelles-based company has applied for Digital Asset Service Provider (DASP) status
