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Tether Freezes $225 Million in USDT After DOJ Investigation, Calling It ‘Largest-Ever Freeze of USDT’
21.11.2023
Tether has announced the “largest-ever freeze of USDT in history.” In collaboration with crypto exchange Okx, Tether froze $225 million in USDT following an investigation by the U.S. Department of Justice (DOJ). The tokens were allegedly linked to an international human trafficking...
Tether Confiscates 225M USDT Involved in Pig Butchering Romance Scam
20.11.2023
Source: AdobeStock After months of investigation, USDT stablecoin maker Tether has announced the confiscation of $225 million of its tokens involved in a pig butchering romance scam. The announcement, conveyed through a press release, detailed Tether’s collaboration with the OKX crypto...
Osaka Digital Exchange to Start Security Token Trading Platform
20.11.2023
The platform, Start, will begin operating on Dec. 25 with a $20 million real-estate securities issue
Latam Insights: Argentina’s Massa Proposes Blockchain Oversight, Drex Will ‘Kill’ Lesser Cryptos in Brazil
20.11.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine presidential candidate Sergio Massa has proposed to use blockchain for state oversight, the Brazilian securities regulator president stated (CBDC)...
One year on: Top 3 gainers after the 'FTX crash bottom'
19.11.2023
Bitcoin has more than doubled in price since the FTX collapse a year ago, but several other coins such as Chainlink have seen ever bigger gains since
The Protocol: Ethereum Layer-2s Keep Coming as OKX Apes In
15.11.2023
In this week's edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now file hosting on the Bitcoin blockchain
Today in Crypto: 46.5% of Web3 Fund Loss is Result of Traditional Web2 Security Issues, Investment in Blockchain Gaming Hits $1.5 Billion in 2023
15.11.2023
Source: AdobeStock / AhmadSoleh Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Security news While developers and researchers generally focus on designing and coding the smart contract protocol...
OKX Ventures makes seed round investment in Kakarot
15.11.2023
OKX Ventures carries out a seed round funding in Kakarot, which is a Type 2.5 ZkEVM worded in Cairo. This is a Turing complete programming language. Cairo o has been created to collect into Cairo Assembly (CASM), helping to bring about implementation signs. In turn, these signs are utilized...
OKX releases new zKEVM Layer-2 network ‘X1’ using Polygon CDK
15.11.2023
OKX recently announced the release of its new zkEVM layer-2 network, X1. The exchange has only launched a testnet of the network for now. The leading Web3 ecosystem collaborated with Polygon Labs to design the network. The secure and highly performant Ethereum-based ZK L2 network has been built...
OKX joins Komainu and CoinShares for institutional segregated asset trading
15.11.2023
Sebastian Widmann, head of strategy at Komainu, believes this is a necessary step to attract institutions to adopt digital assets
Crypto Giant OKX Goes Live With Off-Exchange Derivatives Trading
15.11.2023
Asset manager CoinShares along with crypto custody joint venture Komainu are aiming for TradFi standards in derivatives settlement with much reduced counterparty risk
Okx Announces Compliance-Focused Expansion to Brazil
15.11.2023
Okx, one of the largest cryptocurrency exchanges, has announced it will expand to Brazil in the coming months to offer a regulated crypto platform to Brazilian customers. The exchange, which chose the country as its entry doorstep to Latam, aims to fulfill the regulatory requirements still being...
OKX Collaborates with Polygon Labs to Launch Testnet of X1, A High-Performance zkEVM Layer-2 Network
14.11.2023
OKX partners with Polygon Labs to test new layer-2 network X1. Image by AndriiKoval, Adobe Stock. On Tuesday, the sixth largest cryptocurrency exchange OKX announced a partnership with blockchain platform Polygon Labs to launch a test network for X1, a new zkEVM layer-2 solution designed to improve...
OKX launches Ethereum layer-2 testnet using ZK-based Polygon CDK
14.11.2023
The “X1” network will be part of the Polygon ecosystem and use zero-knowledge proofs to bridge assets from Ethereum
Cryptocurrency Exchange OKX Coming Out With Layer 2 ‘X1’ Built on Polygon Technology
14.11.2023
The OKB token will be used for gas fees on the new chain, which comes as rival crypto exchanges including Coinbase and reportedly Kraken are pursuing their own layer-2 projects
Today in Crypto: US SEC Candidates Unwilling to Divest Crypto Assets, BSC Ranks 4th in Q3 Fiat Losses
7.11.2023
Source: AdobeStock / MuhammadIlyas Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Career news The US Securities and Exchange Commission (SEC) is having trouble hiring crypto experts –...
Today in Crypto: Sony and MeetKai Reveal Metaverse Gaming Experience for Horror Film, ‘We Are in Early Stages of Bull Market’ Say Analysts
31.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Gaming news Sony Pictures and Spyglass Media Group partnered with AI and metaverse company MeetKai to create a virtual...
OKX Latest Proof of Reserves Shows Exchange Over-collateralized
30.10.2023
The latest proof of reserves shows that the exchange is 103% collateralized with bitcoin, ether, and USDT
OKX Web3 and Astar Network join hands
25.10.2023
OKX Web3 has announced that it has partnered with Astar Network. The partnership aims to empower over a billion users to harness the full potential of Web3. OKX Web3 has stated that that is their mission and why they chose Astar Network. The scalable network shares the sentiments and wishes...
Bitcoin Futures Open Interest Skyrockets Amid Rising Market Enthusiasm and ETF Anticipation
24.10.2023
Bitcoin futures open interest (OI) has surged dramatically within the last day, with CME Group’s OI reaching an impressive 100,000 bitcoin, equivalent to $3.4 billion. This isn’t an isolated event; platforms such as Binance, Deribit, Bitget, and Okx are also experiencing significant...