Cryptocurrency Analysis and News Portal
A sharp drop in OKEx’s trading volume and stablecoin reserves – tether (USDT) in particular – may reveal an ongoing exodus of its users after the popular crypto derivatives exchange unexpectedly halted all crypto withdrawal activities for about five weeks.Data from analytics service CryptoQuant shows that the amount of tether
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The unexpected five-week-long suspension of OKEx’s crypto withdrawal service has left many of its users, largely based in China, disappointed and determined to leave or reduce holdings on the exchange when withdrawals resume sometime this week.“We will still trade on OKEx but our investment will be much more diversified and
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Bitcoin’s price has been up dramatically since the very day popular exchange OKEx announced the suspension of all crypto withdrawal service on its platform. However, while some tie the two together, many market observers do not see a reason to associate the latest price rally with OKEx’s issues.Bitcoin's latest rally
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Mingxing “Star” Xu, founder of OKCoin and CEO of OK Group, has resurfaced after being detained by Chinese police.According to a report by Bloomberg Thursday, Xu appeared on a private social media platform to post that he had been cooperating with an investigation relating to an equity merger that OK
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Ripple has invested over $50 million in remittance firm MoneyGram over the course of the firms’ working relationship. Forbes published an investigation detailing the byzantine corporate structure Binance may have created to avoid U.S. regulations. Ether grew as a share of Genesis Capital’s total loan book. Top shelfNo offensesInvestors who say
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Earlier this week, it was revealed that OKEx had frozen all crypto withdrawals from its platform over concerns
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The 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 uses multi-signature and threshold signature technology to ensure the security of the private key signature process,” Ciara Sun, vice president of
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OKEx CEO Jay Hao recently noted customer service as a pivotal aspect of business, as part of an interview with Cryptox’s Jeffrey Albus. “I think definitely customer service is crucially important,” Hao said. “After all, the customer is king.”The crypto space is still youngThe crypto industry arguably began with the inception
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Jay Hao, the CEO of the digital asset exchange OKEx, took part in Cointelegraph China HUB, an online interview column started by Cointelegraph China. In the past, Hao has stated that blockchain will eliminate transaction barriers, improve efficiency and ultimately impact the development of the global economy. But what does
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