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After a $500 million settlement with the Department of Justice earlier this year, OKX crypto exchange has formally resumed operations in the U.S. The relaunch was announced via press release on Apr. 15, which stated that it includes the release of a self-custody web3 wallet, a new centralized exchange platform, and the appointment of Roshan … Read more
Seychelles-based OKX announced on Tuesday that it is relaunching the U.S. version of its crypto exchange and unveiled a new wallet for American users to store as well as trade cryptocurrencies. The company also named Roshan Robert, a longtime employee of Barclays, as its U.S. CEO and revealed it would locate its U.S. regional headquarters … Read more
Major crypto exchanges like Binance and OKX have reacted to the recent OM price crash, ensuring users that they will look into the situation and report their findings. On April 14, a day after the Mantra token’s market cap suffered a loss of $5.5 billion due to market volatility, Binance issued a statement through the … Read more
OKX has officially listed PROMPT amid the ongoing claim process for Wayfinder’s Phase 2 airdrop campaign, allowing eligible PRIME stakers to unlock their PROMPT rewards. Wayfinder (PROMPT) is now live on OKX, with deposits open as of April 9 at 2:00 AM UTC. Spot trading for the PROMPT/USDT pair will go live on April 10 … Read more
Malta’s Financial Intelligence Analysis Unit has ordered OKX to pay a fine of €1.1 million for failing to comply with the nation’s Anti-Money Laundering standards. According to a recent Bloomberg report, Maltese authorities published a notice that informed the trading platform that it had failed to examine potential money laundering stemming from the products it … Read more
Hyperliquid JELLY token saga with Binance, OKX listings shakes DeFi and crypto trading. HYPE drops 10%—what’s next? Clashes are nothing new in crypto, and yesterday, everyone was closely monitoring events pitting Hyperliquid, a popular decentralized futures exchange, against Binance and OKX—two of the world’s largest centralized exchanges that want to maintain their hegemony over crypto … Read more
OKX web3 product manager Kyle Chen declared the platform’s standalone wallet app is now available on Google Store. However, he later realized he shared the news ‘too early.’ On Mar. 24, Chen apologized to users after admitting that he had revealed the news about the standalone wallet app “too early.” This is because the app … Read more
OKX announced suspending its decentralized finance (DeFi) service, with an intention “to address media attacks” that have been questioning the integrity of the company. Commenting on the “media attack,” the Seychelles-based crypto exchange said, “While we usually stay focused on building and protecting the industry, we can’t ignore the fact that these attacks are happening … Read more
Following the discovery of an attempted attack by North Korea’s Lazarus Group, OKX has temporarily suspended its decentralized exchange aggregator service. The exchange made the announcement on Mar.17, citing security issues and the need to fix incomplete tagging on blockchain explorers. According to their official statement, the suspension will allow OKX DEX aggregator to roll … Read more
OKX says it’s set to expand its institutional offering in Europe after it secured the Markets in Financial Instruments Directive license. The crypto exchange’s Europe arm gets the license following the acquisition of a Malta-licensed firm that has the Markets in Financial Instruments Directive II license. The entity, per the announcement, will launch its operations … Read more
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