Cryptocurrency Analysis and News Portal
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
Read More
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
Read More
Malta-based cryptocurrency exchange OKEx has reopened withdrawals five weeks after an abrupt suspension.In a short blog post on Thursday, the exchange announced that it was lifting the freeze at 08:00 UTC and pointed users to a compensation and loyalty program in an attempt to appease disgruntled users.As reported by CryptoX
Read More
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
Read More
"The private key holder has now returned to his normal business functions," the exchange said in a notice Thursday. Source
Read More
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
Read More
Crypto Twitter has been abuzz with speculation about a large amount of Tether (USDT) flowing into the Huobi crypto exchange. Significant amounts of Bitcoin (BTC) also appear to have exited the platform during the same period. The Singapore-based entity recently issued a statement claiming all is well."We have noticed that
Read MoreCrypto exchange OKEx announced that both its fiat-crypto purchase capabilities and P2P outlet have reopened. Withdrawals still remain closed, however."The OKEx P2P platform will resume trading on Oct. 21, 12:00 pm (UTC) for CNY, INR and VND fiat pairs, and the Buy Crypto fiat gateway will also be reactivated at
Read MoreMajor exchange OKEx suspended crypto withdrawals on Oct. 16. With little information coming from the firm or its CEO Jay Hao in the time since, users have begun demanding answers via Twitter.In an Oct. 20 tweet from Hao, the CEO stated that there had been “no on-chain out-flow” since the
Read More
OKB, the native exchange token for OKEx, has lost nearly an additional 20% of its market value Saturday, bringing its total drop to roughly 30% since the second-largest cryptocurrency derivatives exchange suspended withdrawals early Friday morning due to a keyholder being “out of touch”. Source
Read More