Tags: Okx

The crypto exchange has tapped a former Barclays executive as its new U.S. CEO, signaling a serious push into the American market.

DeFi suffered most in Q1 with a 15% decline due to lower trading volume compared to Q4 2024.

OKX has denied involvement in laundering Bybit’s stolen funds, and stated that its Web3 wallet operates like other industry-standard self-custody services.

Authorities claim OKX actively circumvented US laws by instructing customers on falsifying information to bypass trading restrictions.

Ethereum remains the top choice for developers followed by Solana and Base, as per OKX’s latest report.

The MiCA framework standardizes regulations for crypto-asset service providers across the European Economic Area (EEA).

Coinbase joins Binance, OKX, and Kraken in supporting Taproot transactions, expanding the options available for Bitcoin users.

With front-of-shirt gambling sponsorships set to be banned by mid-2026, crypto companies are stepping in to fill the revenue gap.

The incident drew parallels with a previous crash of OKB, OKX’s token, earlier in the year when a sudden sell-off caused its price to plunge.

The world’s leading crypto exchange, Binance, has seen its market share dwindle over the past few years according to recent research.

OKX warned that users transferring funds to or from sanctioned entities will have their accounts closed.

OKX customers have until August 30 to withdraw their assets from the exchange.

User confidence dented as OKX sees massive inflows after security inflows exposed in authentication system.

While OKX is discontinuing its centralized cryptocurrency trading services for Hong Kong residents, the exchange’s Web3 self-hosted wallet offerings will not be impacted.