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OKX
Alameda Research Receives $57M From Crypto Exchange OKX
Alameda Research-controlled wallets hold over $240 million worth of cryptocurrencies.
Crypto Custodian Copper Partners With OKX to Provide Off-Exchange Settlements
Institutional clients will be able to trade on the OKX exchange while their digital assets remain safeguarded with Copper.
Coinbase Hires Ex-Shopify Exec to Oversee Canada Operations
The company confirmed plans to expand in Canada as that country tightens rules for cryptocurrency exchanges.
Sam Bankman-Fried to Plead Not Guilty to Bribery, Campaign Finance Charges: Reuters
FTX founder Sam Bankman-Fried will plead not guilty on charges of trying to evade campaign financing laws and attempting to bribe one or more Chinese government officials, according to a Reuters report. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De weighs in. Separately, OKX says it has identified $157 million in digital assets belonging to FTX and Alameda Research and is turning them over to the bankruptcy estate for the former companies.
Crypto Exchange OKX Says It's Turning Over $157M in Frozen FTX and Alameda Assets
FTX bankruptcy lawyers say $694 million in liquid assets have been identified before OKX’s announcement.
OKX-Affiliated Okcoin Pauses USD On-Ramp Due to Signature Bank’s Collapse
CEO Hong Fang tweeted that customer deposits are safe and USD withdrawals aren't affected.
Crypto Traders Suffer Over $300M of Losses in Liquidations Amid Market Crash
The largest long liquidation in at least a month suggests Thursday’s crash in crypto prices has caught traders off-guard. Bitcoin traders suffered the most losses, some $112 million in the past 24 hours, while ether liquidations surpassed $73 million, per data from CoinGlass.
Crypto Stakeholders Say No Exposure to Shuttered Silvergate
Binance, Coinbase, OKX, and Paxos have all released statements regarding their exposure to Silvergate.
Bitcoin Pulling Back Amid Issues at Crypto-Friendly Silvergate Bank
Bitcoin's annualized three-month basis, or the difference between futures and spot market prices, on offshore exchanges like Binance, OKX and Deribit, compared to the U.S.-regulated Chicago Mercantile Exchange (CME), show that the premium on the CME has dropped sharply to 2.2% over the past week. "All About Bitcoin" host Christine Lee breaks down the "Chart of the Day."
OKX’s February Proof-of-Reserves Report Shows $8.6B in ‘Clean Assets’
Data from CryptoQuant maintains that reserves are 100% clean, compared to 94% for Binance and 61% for Huobi.
