OKX tokenomics and ecosystem overhaul sends OKB token skyrocketing
OKX burns 65M OKB tokens, fixing total supply at 21 million. OKX’s X Layer upgraded for DeFi, payments, and RWAs. OKB price surges over 150% after the overhaul news. OKX…
Ether outperforms Bitcoin in May; ETH derivatives volume surpasses BTC on OKX
Ether (ETH) at $2,770, up nearly 11% this month, outperforming Bitcoin’s (BTC) 5% rise. ETH (45.2%) now overshadows BTC (38.1%) in trading volume on OKX’s perpetual futures market. Despite BTC…
OKX resolves DOJ investigation, to forfeit $421m in earned fees
OKX pleads guilty to DOJ charges of operating unlicensed money transmitting business. Exchange to pay a fine of $84 million and forfeit $421 million earned in fees from US customers.…
OKX and Crypto.com become latest to receive full MiCA licenses
OKX said it was a “major milestone” to receive the full MiCA license Crypto.com received an in-principle earlier this month The EU rolled out its MiCA regulations on December 20,…
OKX receives MiCA pre-authorization nod
OKX will use the license to offer localized crypto products and services across the European Economic Area. The MiCA pre-authorization was secured from the Malta Financial Services Authority (MFSA). Crypto…
OKX Ventures boosts TON ecosystem with $5m investment
OKX Ventures’ investment adds to the recently launched $10 million Telegram Growth Hub. The $5 million investment in TON Ventures targets growth for Telegram-powered apps on TON blockchain. OKX Ventures,…
OKX picks Standard Chartered as its institutional crypto custodian
OKX announces partnership with Standard Chartered to offer crypto custody services to institutional clients. Standard Chartered has a strong presence in the crypto industry. A trading desk and custody solution…
OKX adds support for new USDC spot trading pairs
OKX has introduced support for multiple USDC spot trading pairs They include ZK, LITH, ZERO, ZRO, XNO, ONDO and LQTY Crypto exchange OKX has announced spot trading support for multiple…
OKX expands crypto exchange services to the Netherlands
OKX has launched its Web3 wallet and crypto exchange service in the Netherlands. The exchange will offer spot trading, crypto convert and other services, with support for 150 cryptocurrencies. OKX…
OKX withdraws VASP license application in Hong Kong
OKX withdraws VASP license application in Hong Kong. The exchange will cease trading services by May 31. Users can withdraw funds until August 31. OKX has announced the withdrawal of…