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Huobi Guarantees Normal Operations During OKEx’s Suspension of Crypto Withdrawals

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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Blockchain Bites: OKEx Freezes Withdrawals, DeFi Audits Queue, Nigeria Urges Crypto Adoption

OKEx has frozen withdrawals, audit firms are experiencing a backlog of DeFi projects and the Trump administration is examining DLT for national defense.Top shelfAudit (back)logsCrypto code audit firms say they are swamped with decentralized finance (DeFi) projects. Three of the most well-regarded auditors in the space – OpenZeppelin, Quantstamp and Trail of

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OKEx founder reportedly under investigation as exchange suspends withdrawals

The founder of major global cryptocurrency exchange OKEx has been reportedly questioned by authorities previous to OKEx suspending cryptocurrency withdrawals.OKEx founder Mingxing Xu, also known as Star Xu, has reportedly been questioned by the police, Chinese news agency Caixin reported today. According to the report, the executive was investigated “at

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OKEx Suspends Withdrawals, Says Key Holder Not Available Due to Cooperation With Investigation

OKEx has suspended all cryptocurrency withdrawals indefinitely, saying one of the exchange’s key holders has “been out of touch” with the exchange because they are “currently cooperating with a public security bureau in investigations.” OKEx’ CEO later said the investigation is due to the key holder’s “personal issue.”Update (Oct. 16, 4:57

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ESPN Announces Online Gaming That Allows Bitcoin Deposits and Withdrawals

ESPN Global has announced the launch of a blockchain-powered gaming platform, which will allow competitors to deposit and withdraw using bitcoin and other cryptocurrencies through Cryptopay. The platform is also integrating an online treasure hunt, Satoshi’s Treasure, with $1 million worth of bitcoin to be split among 1000 winners.In

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