Tag Archives: okex

One of the world’s most prominent cryptocurrency exchanges, OKEx, has invested in the short-video platform Chingari which announced raising $15 million in a funding round. As part of OKEx’s strategic investment in Chingari, the startup’s native token GARI will be listed on the exchange on January 18. Five more crypto exchanges are set to list the token on the same day. OKEx’s Undisclosed Investment in Chingari According to the report, the extended Series A funding round for...

The Ethereum blockchain is scheduled to undergo the London hard fork, and several exchanges are taking precautions to ensure users’ funds remain secured once the hard fork is successfully deployed.  At block height 12,965,000, estimated to take place tomorrow (August 8th, 2021), Ethereum was scheduled to undergo the hard fork, and two scenarios are likely to occur; either the chain is split, and there’s a competing network with a new token or no new token is created, and most...

While some Chinese companies have purchased BTC and ETH, others, such as the social media giant Weibo, have reportedly halted the accounts of three of the largest crypto exchanges – Binance, Huobi, and OKEx. Weibo has justified its decision by outlining “abnormal practices” and breaching security risks.Weibo Targets Crypto ExchangesIt may not come as a surprise that a Chinese-based company has a somewhat hostile approach towards the cryptocurrency industry, keeping in mind the country’s...

Cryptocurrency platform OKEx announced another crypto-promoting project –the Bitcoin Lightning Network. It will focus on downsizing transaction fees and reducing time for their execution.OKEx is Aiming at Low Transaction Costs and PromptitudeOKEx, the leading cryptocurrency platform and derivatives exchange is to integrate the Bitcoin Lightning Network in the next quarter. The project represents a second-layer scaling solution based on the Bitcoin blockchain technology.According to an...

The narrative that institutional investors drove BTC’s price into the stratosphere in late 2020 received another confirmation from a research paper compiled by the popular exchange OKEx. The company’s document pinpointed Paul Tudor Jones’ endorsement of bitcoin in mid-2020 as the turning point for institutional adoption.PTJ Changed The Bitcoin GameIt was early May, the world had started to feel the adverse effects of the COVID-19 pandemic, global economies had begun contemplating their next...

A recent report posted by the popular cryptocurrency exchange OKEx says that retail investors had chased BTC’s price when it was heading higher in the past few months. In contrast, whale traders and, possibly, institutions were taking profits and primarily buying the dips.Retail Traders Chase The Price; Large Investors Take ProfitsOKEx partnered with the blockchain data company Kaiko to analyze data from the most utilized trading pair on the exchange – BTC/USDT. The two organizations followed...

Users withdrew a record 29,300 BTC from OKEx after the Malta-based cryptocurrency exchange resumed withdrawals yesterday. This comes after bitcoin (BTC) price kickstarted its epic freefall dropping to levels near $16,500 before bouncing back up again. But what is the reason behind the massive bitcoin exodus out of OKEx?OKEx Sees Significant BTC Withdrawals And DepositsAs per the latest update from on-chain and market analysis firm Glassnode, OKEx users have withdrawn a record 29,300 bitcoins...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1022. Im heutigen Video geht’s um folgende Themen: Bitcoin fällt 11 Prozent, OKEx will Auszahlungen wieder aufnehmen & Paypal blockiert Nutzer nach Krypto Trading Aktivität. 1.) Bitcoin price suddenly drops 11% as whales move BTC to exchangeshttps://cointelegraph.com/news/bitcoin-price-suddenly-drops-11-as-whales-move-btc-to-exchanges 2.) OKEx set to reopen withdrawals on...

Over a month after suspending deposits and withdrawals from its platform, the popular cryptocurrency exchange OKEx has announced plans to reinstate those services by November 27th.CryptoPotato reported in mid-October that OKEx co-founder Xu Mingxing had been taken away by police officers and was still missing. The exchange halted withdrawals and deposits, claiming that a key person has been assisting authorities with an investigation. Company CEO Jay Hao didn’t name the person but reassured...

China is proving itself to be a hard nut to crack when it comes to crypto. The country is on the verge of releasing its new digital yuan to the public, and already the nation wants to make sure it doesn’t have any competition to worry about. Thus, it is cracking down on all cryptocurrency exchanges, and it appears another one doing business in China has just shut its doors permanently.China Has Shut Down Another Trading FirmToken Better is a prolific cryptocurrency trading platform based in...