OKX has published its ninth monthly Proof-of-Reserve (PoR) report, showcasing a sustained asset holding of $11.3 billion. The report highlighted a diversified portfolio comprising Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), with each currency maintaining an impressive reserve ratio of 103%. This consistent commitment to upholding a reserve ratio exceeding ...
OKX has achieved a remarkable feat in Hong Kong's digital asset space. Within just a month of unveiling its enhanced app exclusively for local users, the platform recorded over 10,000 new user registrations. OKX released the enhanced app to the public in May 2023; the app offered Hong Kong users ...
OKX has obtained a Minimal Viable Product (MVP) Preparatory License from the Dubai Virtual Assets Regulatory Authority (VARA), according to a press release by the firm. The MVP preparatory licence enables the Seychelles-based crypto exchange to fulfill the necessary pre-conditions for operating as a virtual asset provider in the United ...
OKX has joined forces with Komainu to integrate the Komainu Connect collateral management platform into its crypto exchange platform. This integration will allow users to conduct secure and seamless trading of segregated assets held in custody through the OKX platform. Komainu, a regulated digital asset custody service provider, introduced the ...
Binance has announced the appointment of Rachel Conlan as its new Vice President of Global Marketing. Conlan will assume the responsibility of overseeing and guiding Binance's regional and international marketing teams. Conlan brings with her a wealth of experience in the field, having previously served as the global manager of ...
OKX has applied to become a registered Digital Asset Service Provider (DASP) in France. The company revealed this in a press release on May 23, 2023. The crypto exchange's application for registration is driven by a commitment to comply with the stringent regulations set by the Autorité des Marchés Financiers ...
OKX has announced its position as the title sponsor and premium partner of the Blockchain Economy Istanbul Summit, the largest blockchain conference in Eurasia. The Summit aims to bring together industry representatives and entrepreneurs from leading crypto and blockchain firms across the globe. Scheduled to take place over two days ...
OKX has launched a global advertising campaign that appears to take a jab at Coinbase's recent marketing efforts. Released on May 9, 2023, OKX's 60-second video campaign concludes with a critique of what it perceives as flaws in the centralized financial system. While Coinbase is not directly mentioned in the ...
OKX has announced its plans to establish an office in Turkey in the coming months. The company made the announcement just before the Blockchain Economy Istanbul Summit 2023, where it serves as a Title Sponsor and Premium Partner. According to the company press release, OKX's President Hong Fang, Chief Innovation ...
Four prominent U.S. media outlets, including The Financial Times, Bloomberg, The New York Times, and Dow Jones, are continuing their efforts to uncover the identities of non-U.S. clients of FTX. On May 3, 2023, these media outlets submitted renewed objections to a previous motion that sought to keep these identities ...
