OKX

Arkadiy Amiryan, Chief Operating Officer of Veles Finance, challenged the idea that user-friendly crypto trading bots are responsible for flash crashes or amplifying herd behavior in the digital asset market. Instead, he pointed to social media hype and high-profile endorsements as the primary...

Singapore's proximity to China, Japan, and India, paired with world-class trade infrastructure and a stable political and regulatory landscape, cements its status as a premier business hub in the region. With English as an official language, communication, and navigation are furthermore effortless—...

Crypto exchange OKX on Tuesday announced the launch of its services in Australia, catering to both spot and derivatives traders, positioning it as one of the largest global exchange offering direct Australian dollar deposits and withdrawals. What Happened: Australian users can now deposit and...

OKX is withdrawing from the Indian market. What Happened: On March 21, OKX issued a directive to its Indian clientele, advising them to liquidate their holdings and shut down their accounts by April 30. The company attributed the exit to the challenging regulatory landscape in India. The news comes...

Monero (CRYPTO: XMR), a digital currency known for its privacy features, is down 37% in a day following a Binance announcement that it will soon delist the cryptocurrency from its trading platform. What Happened: According to Binance's statement on Feb. 6, Monero, along with...

The once-uncontested supremacy of Binance (CRYPTO: BNB) in the cryptocurrency exchange market may be waning, with its market share decreasing from 54.2% at the start of the year to 48.7% by the end of 2023. Why Cryptocurrency Market Is Recovering This dip in dominance is coming against...

The hacked tweet from the SEC announcing fake Bitcoin (CRYPTO: BTC) ETF approvals sent the market soaring on Tuesday, only to plummet minutes later when reality set in, resulting in a financial wipeout for thousands of traders. Over $220 million got liquidated in the resulting chaos...

Major stablecoins experienced a temporary de-peg following the price drop in the cryptocurrency markets. The USDC/USDT trading pair, typically known for its stability, witnessed a dramatic de-peg on Binance, plunging to $0.76 and $0.8 at 20:00 and 20:15 UTC+8, respectively, before...

Upbit and OKX, two major exchanges, announced the listing of new tokens on their respective platforms, potentially driving new adoption and utility across the cryptocurrency ecosystem. What Happened: Upbit, South Korea's largest crypto trading platform, has added the Astar (CRYPTO: ASTR) Korean...

In a notable development, the world’s leading cryptocurrency exchange, Binance, observed a significant dip in its market share in 2023, down to 30%. What Happened: As per a report by CoinDesk, regulatory hurdles and top-level exits contributed to Binance’s market share falling from 55%...

The cryptocurrency market experienced a notable surge in trading activities in November, with major exchanges seeing a substantial increase in both spot and futures trading volumes. What Happened: In an impressive month-over-month growth, spot trading volumes on major exchanges jumped by 60% in...

OKX on Monday announced the launch of its crypto exchange and Web3 wallet services in Brazil to offer traders a platform for trading a wide array of cryptocurrencies, along with options such as staking rewards and DeFi integrations. The platform will support Brazilian Real (BRL...

Crypto exchange OKX has applied for a virtual asset trading platform (VATP) license in Hong Kong, positioning its Hong Kong branch, OKX Hong Kong FinTech, at the forefront of the city's efforts to become a key cryptocurrency hub in the region. The application, submitted on Nov. 16, is...

Stablecoin issuer Tether (CRYPTO: USDT), in collaboration with crypto exchange OKX, Monday announced the freezing of approximately $225 million in USDT tokens that were identified in external self-custody wallets linked to a Southeast Asian human trafficking syndicate involved in a...

The UK's Financial Conduct Authority (FCA) has imposed limitations on the peer-to-peer lending platform, Rebuildingsociety, the same platform that had collaborated with crypto exchange Binance (CRYPTO: BNB) to adhere to the FCA's advertising standards. The FCA on Oct. 10 released...