#okex

The Central Bank of Brazil faces mounting criticism over a proposed ban preventing users from withdrawing stablecoins into self-custody wallets. Several major crypto exchanges have warned that the move could drive them out of the country, creating tension between the regulatory body and the digital asset industry. Exchanges like Binance and similar platforms are concerned about the strictness of…

Seychelles-based crypto exchange OKX has added LBR, the native token of Lybra Finance’s decentralized system, to its spot market. At the same time, the exchange has also included the Hedera token (HBAR) in its perpetual market. Users of the platform can deposit LBR against Tether (USDT) using the new LBR/USDT spot pair on Aug. 16, but according to OKX, withdrawals will commence on Aug. 17. The…

Pepe coin (PEPE) – a token inspired by the popular internet meme of Pepe the Frog – skyrocketed by over 90% shortly after the crypto exchange OKX listed it on its platform.  The hype surrounding the asset has become so high that its market capitalization recently surpassed $450 million.  The Seychelles-based crypto exchange – OKX – announced the listing of PEPE on its spot trading markets.…

Leading crypto exchange, OKX. outlined plans to return frozen digital assets linked to Sam Bankman-Fried’s crypto companies, FTX and Alameda Research, following a recent motion filed in the FTX bankruptcy proceedings. The Seychelles-based exchange said it opened an investigation into FTX to determine whether the firm had conducted business on OKX before its demise in November last year. OKX to…

Pushing on the new industry standard to boost transparency, OKX released its fifth proof-of-reserves (PoR) report. The latest edition demonstrated that the Seychelles-based crypto exchange holds clean assets worth $8.9 billion in BTC, ETH, and USDT. Data shows that OKX’s wallets have 138,405 BTC, 1,325,259 ETH, and 3,264,352,204 USDT against user balances of 134,289 BTC, 1,284,812 ETH, and…

Crypto exchange OKX revealed experiencing an outage on March 17th due to intermittent issues with its servers. In an update, the company said its tech team is working to resolve the service disruption and announcing the start of market pre-open. Its tweet regarding the same read, “We are currently in cancel-only period. After which at 5:27pm UTC+8, trading will resume. We will do a post-mortem…

OKX released its fourth monthly Proof of Reserves (PoR) enabling its users to verify that the Seychelles-based crypto exchange holds the amount of cryptocurrency that it claims to. It revealed holding clean assets worth $8.6 billion in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). According to the latest data, OKX’s wallets held 135,735 BTC against a user balance of 130,664 BTC, thereby…

OKX released its fourth monthly Proof of Reserves (PoR) enabling its users to verify that the Seychelles-based crypto exchange holds the amount of cryptocurrency that it claims to. It revealed holding clean assets worth $8.6 billion in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). According to the latest data, OKX’s wallets held 135,735 BTC against a user balance of 130,664 BTC, thereby…