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OKX CEO warns users about Tornado Cash compliance risks
OKX CEO Star Xu has warned users about the risks of interacting with the sanctioned crypto mixer Tornado Cash. In an Aug. 9 statement via the social media platform X […]
OKX chooses Malta as MiCA hub to serve 450 million EU residents
Crypto exchange OKX selected Malta as its Market in Crypto-Assets (MiCA) hub to serve 450 million EU residents, according to a July 18 statement. The exchange highlighted explained that this […]
OKX to exit Nigeria amid regulatory hurdles, sets August deadline for users
Crypto exchange OKX has informed Nigerian clients that they have until Aug. 16 to close their positions, as it is ceasing operations in the African country due to local regulations. […]
Despite heavy outflows, CEXs continue to be pillars of liquidity
Centralized exchanges are the primary gateways for traders to buy and sell crypto. Despite the significant rise in popularity and usage of decentralized exchanges (DEXs) in the past year, CEXs […]
Crypto exchanges Gate.io, OKX retreat from Hong Kong licensing efforts
Two prominent global exchanges’ subsidiaries — Gate.io and OKX — have withdrawn their applications for an operational license in Hong Kong in the last two days. This decision reflects a […]
OKX launches ETH layer-2 network X Layer following Coinbase’s Base success
Crypto exchange OKX finally opened its Ethereum layer-2 network X Layer mainnet to the general public on April 15. The scaling solution’s testnet was launched in November 2023 to much acclaim […]
Bitcoin CEX trading volume hits record high in March
Bitcoin‘s trading volume on centralized exchanges (CEXs) saw a significant spike in March, marking the highest recorded CEX volume since May 2021 — and the month isn’t over yet. Monitoring […]
OKX secures key payment license in ‘priority market’ Singapore
The Monetary Authority of Singapore (MAS) has granted in-principle approval to the Singapore subsidiary of OKX exchange, permitting it to function as a payments Institution, according to a Mar. 12 […]
Bitcoin exchange balance dips to lowest since 2018 as market shifts to HODLing
Since mid-March 2020, there has been a notable decline in the volume of Bitcoin stored in exchange wallets, marking a significant shift in investor behavior. At the time, over 17% […]