OKX, a cryptocurrency exchange, revealed its plans for development for the year on Monday with the release of the OKX public chain development roadmap. OKB Chain (OKBC) is a public chain project started by OKX in February with the intention of developing a ZK-based Layer 2 scaling solution for the
Several cryptocurrency companies have rethought their strategies and even pulled out of certain countries due to the regulatory uncertainty that has plagued the crypto business in recent years. One recent instance of this pattern is the news that cryptocurrency exchange OKX would stop operating in Canada as of June 22,
The most recent Proof-of-Reserves report shows that OKX is over-collateralized. With reserve ratios of 104% for bitcoin (BTC), 104% for ether (ETH), and 102% for USDT. Since its Proof-of-Reserves website went up at the end of last year. The exchange claims that more than 175,000 unique visitors have checked it
On Thursday, OKX, the second biggest cryptocurrency exchange by trading volume, announced that it has formed a partnership with the Manchester City Football Club. The “OKX Collective” will be introduced by the cryptocurrency exchange with Jack Grealish, Ruben Dias, Ilkay Gündoan, and Alex Greenwood. A fully immersive, fan-exclusive metaverse experience
Today the world’s second-largest cryptocurrency exchange OKX ‘OKEx’ has released a “Proof-of-Reserves” (PoR) report that reveals the detailed breakdown of the assets the exchange has in its reserves. OKX’s third monthly PoR report disclosed $7.5 billion in BTC, ETH, and USDT held by the crypto exchange, which does not include
OKX, a cryptocurrency exchange, has made available a Proof of Reserves page, where customers may verify the sufficiency of the company’s funds. After the demise of FTX, crypto exchanges have been under more monitoring. OKX tweeted and updated its blog about the new page. Users may verify the exchange’s funds
On Tuesday, OKX, a cryptocurrency exchange, announced the availability of $100 million in recovery funds to assist initiatives experiencing liquidity challenges. At a time when the crypto market was continuing to sink due to the FTX crisis, Binance CEO “CZ” proposed a similar industry recovery fund. OKX, a cryptocurrency exchange,
FTX has also established a new base of operations in the Bahamas. According to the press release, OKX has also registered under the DARE act. OKX, the exchange behind the OKB cryptocurrency, has registered as a Digital Asset Business in the Bahamas, according to a business news release, which has
OKX saves millions for its users. OKX risk protection system comes into action. Promotes as the only crypto exchange to do so. The still persistent market crash not only brought the Bitcoin (BTC) to lows, but a tragic event, witnessing the dead fall of the LUNA and the Terra UST.
The exchange is the second-largest in the world by daily trading volume. Tom Brady has invested in Autograph and FTX. Cryptocurrency exchange OKX is the latest sector to enter the sports scene, offering both spot and futures trading. The agreement covers the men’s, women’s, and esports teams of Premier League
