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OKX
Cryptocurrency Exchange OKX Coming Out With Layer 2 ‘X1’ Built on Polygon Technology
The OKB token will be used for gas fees on the new chain, which comes as rival crypto exchanges including Coinbase and reportedly Kraken are pursuing their own layer-2 projects.
OKX Latest Proof of Reserves Shows Exchange Over-collateralized
The latest proof of reserves shows that the exchange is 103% collateralized with bitcoin, ether, and USDT.
OKX Planning Web3 Foray Into India, Chief Marketing Officer Says
OKX plans to scale up its wallet services "exponentially" by tapping into India's much-talked-about developer community.
South Korean Exchange Upbit Surpasses Coinbase, OKX in July Trading Volume to Take No. 2 Spot for First Time
The exchange bucked the general market trend that saw a decline in trading volume for most centralized exchanges.
SEC Reportedly Fires Back Against Recent Spot Bitcoin ETF Filings; Celsius Can Convert Altcoins to BTC, ETH
“CoinDesk Daily” host Jenn Sennasie dives into some of the hottest stories in crypto. The U.S. Securities and Exchanges Commission (SEC) reportedly said recent filings to launch a spot bitcoin ETF are inadequate. Celsius was granted permission to start liquidating its altcoins. Crypto exchange OKX expands a sponsorship deal with a major sports team. And, a closer look at how Lacoste is jumping into the next phase of its NFT loyalty program.
OKX Overcomes FTX-Related Concerns Around Crypto Industry in $70M Expansion of Man City Sponsorship
Manchester City and OKX's other partners have been auditing the exchange's proof of reserves to make sure it won't go the same way as FTX.
Crypto Exchange OKX Goes Live With ‘Nitro Spreads,’ Allowing One-Click Basis Trading
Basis traders attempt to earn returns by trading the difference in an asset’s price on two separate markets.
OKCoin Accused by FDIC of Making False Claims About Customer Protections
The U.S. banking agency demanded the exchange halt “misleading representations” of backing from FDIC insurance.
Crypto Exchange OKX Wins Preparatory License in Dubai, Set to Boost Staff
Once the so-called MVP license becomes operational, OKX Middle East will offer spot, derivatives and fiat services including U.S. dollar and UAE dirham deposits and withdrawals.
Crypto Exchange OKX Burns $258M of OKB Tokens in Record Move
OKX periodically buys back and burns the tokens to reduce their supply on the open market.
