Tagged: lennix lai

December 27, 2023 @ 12:50 pm By Omar Faridi  |  

OKX, a global Web3 technology company and crypto exchange, recently announced the publication of its 14th monthly Proof of Reserves (PoR) report, reportedly “demonstrating USD14.9 billion in primary assets backing user funds.” OKX‘s PoR report provides “a comprehensive overview of the reserve ratios for 22… Read More

November 15, 2023 @ 5:34 pm By Omar Faridi  |  

OKX, a cryptocurrency exchange and Web3 technology company, has collaborated with regulated digital asset custody service provider Komainu and CoinShares (Nasdaq Stockholm: CS), a European alternative asset manager specializing in digital assets, to empower CoinShares “to conduct 24/7 trading through the OKX platform while assets… Read More

November 1, 2023 @ 7:31 pm By JD Alois  |  

Hong Kong is showing its support for digital assets today as ZA Bank, one of a handful of regulated digital banks in the jurisdiction, has announced support for crypto exchange OKX Hong Kong. ZA Bank has issued a statement indicating they will provide an operating… Read More

June 7, 2023 @ 7:44 pm By Omar Faridi  |  

OKX, which claims to be the world’s second largest cryptocurrency exchange by trading volume (behind Binance) and a “leading” Web3 technology company, and regulated digital asset custody service provider Komainu, announced that OKX has “joined collateral management platform Komainu Connect, enabling institutional customers to conduct… Read More

April 21, 2023 @ 9:29 am By JD Alois  |  

The state of Texas has introduced new legislation targeting digital asset providers. The bill relates to the “comingling of funds” by crypto platforms. As one would anticipate, the language of the bill requires digital asset platforms not to mix customer funds with those belonging to… Read More

December 13, 2022 @ 10:56 am By Omar Faridi  |  

OKX, which claims to be a leading cryptocurrency platform, has introduced the “seamless” Quick Transfer feature and announced Ledger hard wallet compatibility “to streamline self-custody for millions of users.” The Quick Transfer feature “allows OKX users to easily transfer assets between the OKX exchange and… Read More

October 16, 2022 @ 6:14 pm By Omar Faridi  |  

OKX, which claims to be the world’s “second largest” cryptocurrency exchange (presumably after Binance), announced that it is partnering with Pyth network, a next-generation Oracle solution built on the Solana blockchain and designed “to provide trusted and verifiable market data to decentralized applications.” Pyth operates… Read More

July 18, 2022 @ 3:46 pm By Omar Faridi  |  

OKX, which claims to be one of the leading crypto trading apps, recently announced that it has been granted a provisional virtual assets (VA) license “to provide services to qualified investors in the UAE.” Granted by the Dubai Virtual Assets Regulatory Authority (VARA), OKX’s provisional… Read More

June 28, 2021 @ 3:53 pm By Omar Faridi  |  

Seychelles registered crypto exchange OKEx, which claims to be the leader in cryptocurrency spot and derivatives trading, is pleased to confirm that OKExChain, an open-source and “truly” decentralized ecosystem “designed explicitly with traders in mind,” is available to blockchain developers “to kickstart exciting decentralized apps.”… Read More

May 28, 2021 @ 10:17 am By Omar Faridi  |  

Digital asset firm OKEx, which claims to be the world’s largest spot and futures trading platform for cryptos, has clarified that China has not actually banned or attempted to ban Bitcoin (BTC) again. While sharing what they know, the OKEx team noted in a blog… Read More

December 27, 2019 @ 7:51 am By Omar Faridi  |  

Malta-headquartered digital asset exchange OKEx has introduced Bitcoin (BTC) options trading for a certain group of crypto traders ahead of their official public launch, which is scheduled for January of next year. According to a release, OKEx claims it’s ranked third-largest out of all digital… Read More