One of the most popular blockchain projects, TRON, had undergone an attack by a malicious contract earlier today. Company CEO Justin Sun detailed the events in a recent tweet, reassuring users and developers that the system and all assets are “absolutely safe.” TRON’s Mainnet Attacked TRON’s founder and CEO took it to Twitter to explain what transpired on the network. He said that during a routine 4.1 version upgrade period, the mainnet “was attacked by a malicious contract...
Read More »OKEx Head Taken Into Custody; All Withdrawals Are Suspended
OKEx – one of the largest cryptocurrency exchanges in the world – has been trapped in some legal issues as of late.The Head of OKEx Has Been Taken Into CustodyJust last week, it was reported that the company had suspended all withdrawals, alleging that it had lost access to one of the private keys necessary for maintaining funds and keeping transaction records. However, it is now being alleged that the founder of the exchange was arrested and taken into custody, and that this is the real...
Read More »OKEx and Bit Berry Work to Support Each Other’s Wallets
Leading crypto wallet Bit Berry has signed an MOU with OKEx, one of the world’s biggest cryptocurrency trading platforms. The document states that each company will work with the other to further establish each enterprise’s digital wallet technology. In addition, Bit Berry will list the exchange’s native currency OKB, giving its clients access to an entirely new coin.OKEx and Bit Berry Join HandsAt the time of writing, Bit Berry is stationed in South Korea and boasts more than 100,000...
Read More »Bullish Weekend: Crypto Market Cap Gains $4 Billion, Bitcoin Awaiting Next Move
Bitcoin has overcome the recent price dip beneath $11,300 and currently hovers around $11,400. Most alternative coins have displayed relatively strong performances and the total market cap increased over the weekend. Bitcoin Back To $11,400 Bitcoin traded around $11,350 yesterday after a calm 24-hour period despite potentially impactful news coming from the popular cryptocurrency exchange OKEx. As CryptoPotato summarized, the platform suspended withdrawals after its founder...
Read More »The OKEx Saga: All You Need To Know 24 Hours Later
The drama around OKEx started on Friday when news broke that the popular exchange had suspended all withdrawals from the platform. Almost immediately, the cryptocurrency market reacted with price drops. Bitcoin lost about $350 in a few hours. Shortly after, reports emerged that OKEx co-founder Xu Mingxing was taken by police officers over a week ago and hadn’t returned to work yet. CryptoPotato reached out to OKEx for comments, and a company spokeswoman asserted that...
Read More »Große Mengen an Bitcoin auf der Börse OKEx unerreichbar
Die chinesische Regierung hat es auf die Cryptocoin-Börse OKEx abgesehen. Eine der größten Bitcoin-Börsen steht im Verdacht Geldwäsche ermöglicht zu haben. Noch gestern kündigte OKEx daher an, dass Auszahlungen vorerst ausgesetzt werden.Bitcoin News: Große Mengen an Bitcoin auf der Börse OKEx unerreichbarAngestoßen von den Chinesen waren es internationale Bemühungen, die zur weltweiten Festnahme von inzwischen bereits 33 Personen im Zusammenhang mit Geldwäsche auf OKEx führten. OKEx ist einer...
Read More »Bitcoin Price Is Stagnant Despite Recent News: The Calm Before The Storm? (Market Watch)
Following yesterday’s $350 price lost for Bitcoin, the asset has remained relatively calm around $11,350. Most larger-cap altcoins have also seized the free-falls with Ethereum trading near $370 and Ripple above $0.24. Bitcoin Sits Tight Around $11,350 News broke out yesterday that police officers had taken away the founder of the popular cryptocurrency exchange OKEx. Although the company reassured users that funds are safe on the platform, the negative news had an immediate...
Read More »Despite Negative News, Bitcoin Only $1K Away From 2020 High: The Weekly Crypto Update
Another week passed on the cryptocurrency market, and it surely wasn’t a boring one. The cryptocurrency started off strong, causing many to believe that it might finally breach the coveted $12,000 mark. However, the excitement was short-lived because, just today, news broke out that the founder of OKEx, one of the primary cryptocurrency exchanges, has been ‘taken by the police’ and hasn’t shown up to work for a few days now. More importantly, he’s also one of the private key...
Read More »As Founder Reportedly Arrested, OKEx Holds $2.3 Billion in Bitcoin
A few hours ago, global cryptocurrency exchange giant OKEx halted withdrawals much to the chagrin of traders and investors. Bitcoin prices fell as a response to additional reports of founder Xu Mingxing being arrested over a week ago. However, what should be more concerning is the amount of BTC held by the exchange’s wallets. Data says that the value of holdings is easily worth $2.3 billion. Around 200,000 BTC Worth $2.3 Billion Stashed Up in OKEx Wallets After the latest...
Read More »OKEx Founder Reportedly Taken by Police, CEO Confirms Funds Are SAFU
One of the most popular cryptocurrency exchanges, OKEx, suspended withdrawals earlier today, which led to lots of confusion within the community and price slumps for the market. CryptoPotato reached out to OKEx personnel, including CEO Jay Hao, to shed some light on the entire situation. In the original statement, OKEx reasoned that the withdrawal suspension came because “one of our private key holders is currently cooperating with a public security bureau in investigations...
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