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PortuguêsFor nearly a week, uncertainty as to why OKEx suddenly suspended its cryptocurrency withdrawals on Oct. 16 has lingered on. The ongoing suspension has been puzzling to many, but the…
Continue ReadingDragonEx crypto exchange suspended deposits and withdrawals of all digital currencies on its platform due to issues triggered by OKEx’s ongoing withdrawal freeze. In an official announcement on Oct. 21,…
Continue ReadingThe Tron Foundation has published an update on a decision it took yesterday to enable Tron (TRX) holders to withdraw their tokens from the OKEx cryptocurrency exchange. According to the…
Continue ReadingMajor exchange OKEx suspended crypto withdrawals on Oct. 16. With little information coming from the firm or its CEO Jay Hao in the time since, users have begun demanding answers…
Continue ReadingThis week saw more exchange drama rock the crypto markets. OKEx, one of the industry’s largest crypto-fiat exchanges, suspended all cryptocurrency withdrawals, saying one of the exchange’s key holders has…
Continue ReadingEarlier this week, it was revealed that OKEx had frozen all crypto withdrawals from its platform over concerns about a private key holder. OKEx is a leading crypto-asset exchange that…
Continue ReadingOKB, the native exchange token for OKEx, has lost nearly an additional 20% of its market value Saturday, bringing its total drop to roughly 30% since the second-largest cryptocurrency derivatives…
Continue ReadingWhen will we ever learn? Not your keys? Not your coins. On Friday morning as the OKEx withdrawal-freeze story twisted and turned, CoinDesk’s editors had an off-the-cuff discussion about the…
Continue ReadingYesterday, leading Bitcoin exchange OKEx revealed that it had frozen withdrawals of all cryptocurrencies, from Bitcoin to the altcoins it supports. The firm said one of our private key holders…
Continue ReadingCryptocurrency reserves held on digital asset exchanges have been dropping to new lows, as some of the top exchanges have seen significant bitcoin reserve balance drops. A few months ago…
Continue ReadingThe Huobi cryptocurrency exchange assured users its trading platform is “currently operating normally” after one of its biggest competitors, OKEx, announced it suspended all cryptocurrency withdrawals indefinitely. “Huobi’s cold wallet…
Continue ReadingInterest in Bitcoin Soars in Egypt Amid Economic Crisis and Unemployment A growing number of Egyptians are reportedly turning to bitcoin amid rising unemployment and the economic crisis. An Egyptian…
Continue ReadingOKEx is denying that the ongoing inquiry of its founder is related to an anti-money laundering investigation. “We are not at liberty to discuss any matters that are under investigation…
Continue ReadingBitcoin (BTC) fell 2% Friday, the most in three weeks, after the market was spooked by the announcement that the cryptocurrency exchange OKEx had suspended withdrawals because founder Mingxing “Star” Xu was reportedly taken…
Continue ReadingLarge Bitcoin (BTC) transactions from Huobi cryptocurrency exchange are moving to OKEx despite the latter having temporarily suspended crypto withdrawals. According to data from crypto tracking service Whale Alert, a…
Continue ReadingThe founder of major global cryptocurrency exchange OKEx has been reportedly questioned by authorities previous to OKEx suspending cryptocurrency withdrawals. OKEx founder Mingxing Xu, also known as Star Xu, has…
Continue ReadingMajor crypto asset exchange OKEx has suspended cryptocurrency withdrawals, announcing that one of the holders of its private keys is “currently cooperating with a public security bureau” concerning ongoing “investigations.”…
Continue ReadingOKEx has suspended all cryptocurrency withdrawals indefinitely, saying one of the exchange’s key holders has “been out of touch” with the exchange because they are “currently cooperating with a public security…
Continue ReadingBitcoin has rapidly corrected lower in the past hour. In the span of thirty minutes earlier this hour, the leading cryptocurrency slid from $11,520 to a low near $11,200. Bitcoin…
Continue ReadingBitcoin slipped on Friday as it looked sure to close the week at a loss in the remaining three days of trading. The benchmark cryptocurrency was down $230, or 2…
Continue ReadingAt the start of October, the crypto market was faced with extremely tumultuous financial conditions, thanks in large part to the recent filings against BitMEX, which saw the company’s top…
Continue ReadingThe latest data from Coingecko shows that the combined trading volumes of cryptocurrency exchanges went up by $155 billion between July and September, from $175.7 billion to $330.6 billion. The…
Continue ReadingLately, in the crypto scene, everything related to decentralized finance is being considered a gold mine. While DeFi has brought solid projects to the industry, there’s also a hot new…
Continue ReadingBitcoin Cash proponents have recently noticed that the last 612 blocks or more than 61% of the last 1,000 blocks have been mined using BCHN, according to Coin Dance statistics.…
Continue ReadingMarkets are expected to be volatile this week, as a great number of bitcoin and ethereum options are set to expire this Friday. Data shows more than 87,000 bitcoin options…
Continue ReadingOKEx CEO Jay Hao called out Binance and its CEO Changpeng Zhao for their recent support of certain DeFi projects. He also claimed that Binance Smart Chain, or BSC, is highly…
Continue ReadingCrypto exchange OKEx added Uniswap’s new UNI token to the array of assets offered on its platform, in addition to trading products around the asset. detailed“Not only has OKEx added…
Continue ReadingThank you for joining us today and answering some burning crypto industry questions for the Bitcoinist audience. Please start by telling us a little bit about your role as CEO…
Continue ReadingBlockchain-based lending and trading systems known as “decentralized finance,” or DeFi, have dominated recent cryptocurrency-market headlines, with collateral locked into the semi-automated platforms surging 10-fold this year to more than $9 billion. DeFi trading platforms like…
Continue ReadingThe decentralized finance space has grown exponentially over the last few months, to the point where more than $9 billion worth of crypto assets were locked in its protocols before…
Continue ReadingIt seems there is a lot of turmoil happening in the world, as the year 2020 keeps giving and giving. From natural disasters, a global pandemic, and race wars and…
Continue ReadingThe latest report by Cryptocompare shows August spot cryptocurrency traded volumes by the 15 largest top-tier exchanges increased by 58.3% to $529 billion versus July figures. Low tier exchanges volumes,…
Continue ReadingYou’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto…
Continue ReadingCryptocurrency exchange Huobi is taking aim at competitor OKEx in China, specifically the business of trading bitcoin futures and other derivatives contracts. The fight opens a new front in a…
Continue ReadingTwo exchanges will offer both decentralized and centralized financial options. Both Bitrue and OKEx separately announced plans to provide hybrid services that cater both to the DeFi market and more…
Continue ReadingBitcoin derivatives witnessed a major expiry event with a notional value of over $1 billion. Today, $272 million of Bitcoin futures expired on the Chicago Mercantile Exchange, while over 65,000…
Continue ReadingOKEx is the latest cryptocurrency exchange to hop on the DeFi bandwagon. On August 28, they announced listings for eight different DeFi tokens, including Band Protocol (BAND), JUST (JST), REN,…
Continue ReadingThe fervor for cryptocurrency assets in Russia has grown wild over the last few years. This week Xangle Research published a comprehensive report about digital currencies and the Russian environment…
Continue ReadingCryptocurrency exchange Okex reveals it suffered the $5.6 million loss as a result of the double-spend carried out by the attacker(s) in Ethereum Classic 51% attack. Okex says it fully…
Continue ReadingOKEx has confirmed a loss of approximately $5.6 million in Ethereum Classic (ETC) from two recent 51% attacks and is considering removing ETC from its exchanges. Yet, as the cryptocurrency…
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