
Tags: OKX
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Binance and OKX set the gold standard for proof-of-reserves reporting; Coinbase fails to publish any, says CryptoQuant.
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xBTC is backed 1:1 by bitcoins held in OKX’s custody.
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The crypto exchange has tapped a former Barclays executive as its new U.S. CEO, signaling a serious push into the American market.
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DeFi suffered most in Q1 with a 15% decline due to lower trading volume compared to Q4 2024.
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OKX has denied involvement in laundering Bybit’s stolen funds, and stated that its Web3 wallet operates like other industry-standard self-custody services.
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Authorities claim OKX actively circumvented US laws by instructing customers on falsifying information to bypass trading restrictions.
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Ethereum remains the top choice for developers followed by Solana and Base, as per OKX’s latest report.
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The MiCA framework standardizes regulations for crypto-asset service providers across the European Economic Area (EEA).
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Coinbase joins Binance, OKX, and Kraken in supporting Taproot transactions, expanding the options available for Bitcoin users.
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With front-of-shirt gambling sponsorships set to be banned by mid-2026, crypto companies are stepping in to fill the revenue gap.
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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.
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The world’s leading crypto exchange, Binance, has seen its market share dwindle over the past few years according to recent research.
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OKX warned that users transferring funds to or from sanctioned entities will have their accounts closed.
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OKX customers have until August 30 to withdraw their assets from the exchange.
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