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A former head of OKX Investment and founding partner of Ant Financial’s A&T Capital, Jun Yu, is reportedly facing serious allegations of sexual harassment from multiple women, including his employees at A&T Capital. The allegations were made public through social media, with one Twitter user, sukie.eth, saying Yu sexually harassed her. Crypto
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Crypto exchange OKX has announced that it will no longer serve users or accept new account requests from Canada. OKX to cease operations in Canada In an email on Mar. 24, OKX asked all its Canadian users to close any open positions in options, perpetual, all margined positions, and future by Jun.
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Take, for example, the recent issues that Circle-issued USD Coin (USDC) faced when it depegged from the U.S. dollar following Silicon Valley Bank’s collapse. Two weeks later, Mastercard boldly integrated the stablecoin into its infrastructure in the Asia-Pacific region, allowing users to spend USDC through its network. It’s happening, folks!And
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The global cryptocurrency exchange OKX released its fifth edition of its proof-of-reserves (PoR) report, which it began releasing in Nov. 2022 in its effort for more transparency in the industry. According to the latest edition, OKX holds $8.9 billion across Bitcoin (BTC), Ethereum (ETH) and the Tether stablecoin (USDT). This
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On Mar. 20, cryptocurrency exchange OKX informed Canadian users via email the firm "will no longer provide services or allow users to open new accounts in Canada starting on Mar. 24, 2023, 12:00 AM EST," citing "new regulations." According to OKX, existing Canadian customers must close open positions in options,
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On March 17 crypto exchange OKX suffered a temporary server outage which was solved in about an hour. The OKX team said in a Twitter update that the outage was due to a matching engine problem. OKX experienced downtime In several tweets, OKX assured investors that the engineering team was working hard to
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Our weekly roundup of news from East Asia curates the industry’s most important developments. OKX airdrop after token trading fiasco On Mar. 1, cryptocurrency exchange OKX announced that it would airdrop 3,014,381 Tether (USDT) to users who suffered losses as
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OKX has decided to compensate all the impacted users by air-dropping more than 3 million USDT by putting its own 1 million USDT in addition to the seized amount. On Tuesday, February 28, crypto exchange OKX seized more than $2 million worth of Tether’s USDT stablecoins allegedly linked to
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According to a press release published by cryptocurrency exchange OKX on Feb. 28, the firm said that it seized 2,014,381 Tether (USDT) from five accounts suspected of partaking in "malicious market manipulation," of the Celestial (CELT) token. As told by OKX, on Feb. 26, Celestial developers announced the creation of
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Okx, one of the largest cryptocurrency exchanges in the market, has announced the launch of its soccer-focused metaverse experience, called the “Okx Collective.” The immersive experience will include Jack Grealish, Rúben Dias, Ilkay Gündoğan, and Alex Greenwood, stars from Manchester City, the reigning champion of the Premier League. Okx To Launch
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