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OKEx users move crypto off exchange as withdrawals resume

 After a five-week-long suspension of all user withdrawals, cryptocurrency exchange OKEx  resumed normal services at 8:00 am UTC on Nov. 26.Having announced the re-opening last week, OKEx then indicated it would be launching a compensation and rewards program to express its gratitude to customers for holding out during the disruption. These programs include commission rebate

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OKEx Sees Biggest Bitcoin Outflow for 6 Months Soon After Resuming Withdrawals

Cryptocurrency exchange OKEx recorded a major bitcoin outflow just minutes after it lifted a five-week-long withdrawal suspension at 08:00 UTC Thursday.About 2,822 bitcoins were moved from OKEx in block number 658,728 mined at 08:12 UTC. That’s the biggest single-block outflow since May 2019, according to blockchain analytics firm CryptoQuant. Of

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Blockchain Bites: Coinbase Cuts Margin Trading, Binance Sweeps US Clients, OKEx Offers Rebates

Coinbase cuts margin trading. Binance sweeps out U.S. customers. OKEx offers rebates to clients affected by its five-week pause.Top shelfTax changeCoinbase will no longer send customers 1099-Ks, the U.S. tax form that led the Internal Revenue Service (IRS) to mistakenly think traders had underreported their gains. The exchange will instead

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OKEx to Resume Withdrawals Before Nov. 27, Offers New Compensation Programs

OKEx, likely trying to forestall a mass exodus of funds when its five-weeks-long freeze on withdrawals lifts this week, on Tuesday said it will offer a mix of compensation and rewards to users who’ve suffered because of the suspension.Meanwhile, a spokesperson from the Malta-based crypto exchange has confirmed with CryptoX

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OKEx Update: Bitcoin and Crypto Withdrawals to Resume by Nov. 27th

Quick take:OKEx users will have unrestricted Bitcoin and Crypto withdrawals on or before November 27thThe exchange will also launch loyalty reward campaigns to thank the OKEx community for being patientOKEx’s founder, Star Xu, has been reportedly released by Chinese authoritiesThe value of OKB has rallied by approximately 30% since rumors

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