OKX Exchange News
BitForex’s Slow Exit: Withdrawal Delays Frustrate Users
BitForex reassured users it will continue to process withdrawals. The defunct exchange blamed the delays on workload and the need for verification. BitForex shutdown following…
Tornado Cash: Hackers Launder $37 Million in Stolen Ethereum
Hackers use Tornado Cash to obscure $36.9M in stolen Ethereum, raising laundering concerns. OKX bans Tornado Cash to comply with regulations amid increasing crypto laundering…
Crypto in Nigeria: A Rollercoaster of Regulation, Arrests, and P2P Boom
Nigeria's crypto sector faces turbulence as regulations clash and international exchanges exit due to uncertainty. The arrest of Binance’s Tigran Gambaryan highlights growing tensions between…
Crypto Market Volatility Surges as Bitcoin Options Expiry Looms, Mt. Gox Sells
BTC saw $28.44 million in liquidations, driven by Mt. Gox's compensation payouts. ETH faced $35.91 million in liquidations; Solana and Binance Coin also saw significant…
Binance Slapped with $2.25 Million Fine by Indian Financial Regulator
India's Financial Intelligence Unit (FIU) fined Binance $2.25 million for non-compliance. Binance is the first offshore crypto exchange penalized by the FIU. The FIU's action…
zkSync Slumps: OKX CEO Offers Counter-Narrative
zkSync faces backlash after airdrop, labeled a "scam" by some. OKX CEO Star Xu questions the criticism, citing airdrop disappointment. Industry leaders like Justin Sun…
OKX Hacked: Victims Reimbursed, 2FA Security Beefed Up
OKX users who were recently affected by a hack received full compensation from OKX. The exchange decides to add a mandatory Google Authenticator to avoid…
OKX Backlog Snarls Bitcoin Transactions, Fees Surge
OKX wallet consolidation transactions contribute to severe Bitcoin network congestion, causing fees to spike to $52. Over 330,000 Bitcoin transactions remain unconfirmed, with memory usage…
Hong Kong’s Crypto Ambitions Thwarted by Mainland China’s Crackdown
China’s regulatory pressure is pushing crypto firms away from Hong Kong. OKX, Gate.io, KuCoin, Binance, and HTX have withdrawn their VATP license application in Hong…
OKX Retreats from Hong Kong as Crypto Regulations Tighten
OKX abandons Hong Kong crypto ambitions amid regulatory hurdles. Strict compliance demands under new framework force exchange's exit. Move signals wider industry struggle with evolving…
