Cryptocurrency Analysis and News Portal
OKX has marked its one-year anniversary of consistently publishing Proof of Reserves, showcasing a commitment to transparency and trust. In the past year, the major player in the crypto world has been working hard to build trust and transparency, after the issues in the market caused by the FTX collapse. The
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Although in the immediate aftermath of FTX there was a concern that Sam Bankman-Fried had made the case for decentralized exchanges (DEXs) – and those fears still resonate with some consumers – the data shows that centralized exchanges (CEXs) are very much alive and well. "I think there are advantages
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OK Group COO and OKX President Hong Fang announced that Okcoin will undergo a rebranding to OKX in the coming months. This decision aligns Okcoin’s name with OK Group’s other cryptocurrency venture, OKX (formerly OKEx), which was founded in 2013. Sunsetting the Okcoin brand As part of the transition, the COO shared that
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Major cryptocurrency exchange operator OK Group continues transforming its business, rebranding its crypto ventures under the single name “OKX.”Hong Fang, chief operating officer at OK Group and president of OKX, took to X (formerly Twitter) to announce that Okcoin will be rebranding to OKX over the coming months. Founded in
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Major global cryptocurrency exchanges like Binance and OKX have announced that they're working to comply with new financial promotion regulations in the United Kingdom.The Financial Conduct Authority (FCA) of the U.K. enacted the country’s new Financial Promotions (FinProm) Regime on Oct. 8 for cryptocurrency firms, aiming to ensure fair, clean
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In response to new rules by the Financial Conduct Authority (FCA), OKX announced changes to its services for U.K. users, including offering 40 tokens. Seychelles-based crypto exchange OKX has responded to strict new rules regulating the advertising of cryptocurrencies in the U.K. by significantly changing its services and offerings for customers
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While some areas of the crypto space focus on privacy and anonymity, others focus on raising the standards within the space and on bringing in traditional players and more capital in the world of digital assets. At the recent Blockchain Economy Summit held in Dubai, Cryptox spoke with Lennix Lai, the
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OKX’s eleventh Proof-of-Reserves report reveals marked growth in user-held assets and incorporates ETH 2.0 staking data for the first time. Leading crypto exchange OKX has unveiled its eleventh Proof-of-Reserves (POR) certificate. The latest disclosure reveals significant uptrends in user-held assets, especially in the realm of Bitcoin (BTC) and Ethereum (ETH). For
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Seychelles-based cryptocurrency exchange OKX has partnered with Solana Mobile, the web3 smartphone platform powered by the Solana blockchain. The partnership will enable OKX to integrate its app into the Solana Saga, the dApp store of Solana Mobile. The OKX app will be available for Solana Mobile users, allowing them to access
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A large chunk of OKX’s $25-$50 million annual advertising budget goes towards its sports deals. Crypto exchange OKX wants its deals with Formula 1 team McLaren and UEFA Champions League-winning team Manchester City to last a decade. The company reportedly spends $25-$50 million per year in its sponsorship deals with the
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