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Lennix Lai
OKX Plans to Add 1.5K Staff Despite Market Downturn
Crypto exchange OKX plans to increase headcount by 30%, growing by 1,500 people to about 5,000 over the next 12 months. OKX Director of Financial Markets Lennix Lai discusses why and how the firm is expanding despite crypto winter.
OKX Exec on Impact of Terra Ecosystem’s ‘Death Spiral’
The $14 billion collapse of the Terra network continues to have a ripple effect throughout the crypto industry. Lennix Lai, director of financial markets at Seychelles-based crypto exchange OKX, discusses Terra’s “death spiral” and its fallout on platforms that listed LUNA and UST.
Bitcoin Rally Past $44K Stalls on Low Volume
Bitcoin rallied above $44,000 on low volume before retreating as Russia said it was receptive to a diplomatic solution to tensions on the Ukraine border. OKX Director of Financial Markets Lennix Lai shares insights into crypto trading patterns in China and wider Asia despite thin volumes, the correlation between the markets and Russia-Ukraine tensions and views on NFTs.
Retail Investors Are Buying the Bitcoin Institutions Are Selling, Traders Say
As institutions unload bitcoin, crypto’s traditional base – retail investors – is doing most of the buying, market participants said.
