Exchange Tokens


Markets

OKEx Token Rallies on Rumors Founder Xu Released From Custody

The token has rallied nearly 13% Wednesday.

OKB candlestick daily price action since late August

Markets

Exchange Tokens Are Skyrocketing as They Act More Like Equity; That Could Be a Problem

Centralized exchange tokens have been skyrocketing this year, but there is one problem behind the astonishing performance: They are becoming more like equity.

rocket

Markets

OKEx Token Price Tumbles Added 20% in Wake of Suspended Withdrawals

OKB is trading just above $4, down from nearly $6 before the news.

OKB and other exchange tokens percentage change in wake of OKEx withdrawal suspension

Markets

Exchange Tokens: Neither a Great Investment Nor a Great Market Indicator

It’s surprising that, despite the success of their issuers, exchange tokens have not been more successful as investments, or as metrics of adoption in one of crypto assets' best-proven use cases, speculation.

Line graph showing exchange token and bitcoin returns' correlation vs time

Finance

ShapeShift Launches Exchange Token, FOX, for Commission-Free Trading

"Basically, we're trying to get people away from custodial exchanges," said ShapeShift CEO Erik Voorhees.

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Markets

Bitfinex Investor Raising $21 Million for Binance-Style Exchange Cryptocurrency

OTC trader Dong Zhao's crypto lending startup has lined up $21 million in commitments for a BNB-like token sale.

Zhao Dong

Markets

Bitfinex Is Planning to Issue an Exchange Token, Shareholder Says

Cryptocurrency exchange Bitfinex is planning to issue a proprietary exchange token, according to a shareholder claiming knowledge of the plan.

Bitfinex

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