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Trading Exchange Okex’s Crypto Reserves Nosedived After Withdrawals Opened
6.12.2020
Just recently, after the exchange paused cryptocurrency withdrawals, the trading platform Okex finally enabled digital currency withdrawals last Wednesday. Since then, the exchange seems to be experiencing an exodus of funds leaving, as onchain data shows Okex’s crypto-asset reserves like...
First Mover: Bitcoin Below $19K and Customers Flee OKEx
4.12.2020
OKEx appears to suffer customer outflows after lifting of five-week withdrawal suspension, highlighting the existential threat of operational risk
OKEx’s Trading Volumes and Tether Reserve Plunge on Possible User Exodus
3.12.2020
A sharp drop in OKEx’s trading volume and stablecoin reserves – tether in particular – may reveal an ongoing exodus of its users, after the popular crypto derivatives exchange unexpectedly halted all crypto withdrawal activities for about five weeks
OKEx CEO Says Exchange Updating Procedures to Prevent Repeat of Withdrawal Freeze Issue
2.12.2020
Jay Hao pledged in an AMA that his firm has taken steps to ensure that cryptocurrency withdrawals can't again be stuck by the absence of a key holder
CME Group Outpaces Competition Becoming the World’s Largest Bitcoin Futures Market
29.11.2020
Financial derivatives products for bitcoin have grown massively during the last few months. On Friday evening (EST), Arcane Research explained that the Chicago Mercantile Exchange has surpassed Okex as the largest bitcoin futures provider. The regulated derivatives market at CME has doubled month...
CME overtakes OKEx as largest Bitcoin futures market
27.11.2020
Bitcoin derivatives trading is on the rise as institutional investors flood the market
OKEx Sees Biggest Bitcoin Outflow for 6 Months Soon After Resuming Withdrawals
26.11.2020
About 2,822 bitcoins were moved from OKEx within 15 minutes of withdrawals restarting
Bitcoin exodus: OKEx users move crypto off exchange as withdrawals resume
26.11.2020
Major cryptocurrency exchange OKEx resumed all withdrawals at 8:00 am UTC on Nov. 26, but users already appear to be pulling out their funds, fast
OKEx Resumes Withdrawals 5 Weeks After Freeze
26.11.2020
The cryptocurrency exchangeis now reopening withdrawals five weeks after services were suspended due to a missing key holder
Despite New Incentives to Stay, Some of OKEx’s Chinese Users Are Determined to Leave
25.11.2020
Some OKEx's users in China are determined to leave the exchange despite new incentives designed to keep them
Blockchain Bites: Coinbase Cuts Margin Trading, Binance Sweeps US Clients, OKEx Offers Rebates
25.11.2020
Coinbase has also changed the way it will alert clients to relevant tax information
OKEx to Resume Withdrawals Before Nov. 27, Offers New Compensation Programs
24.11.2020
OKEx will compensate those users who have been frustrated by its suspension on withdrawal service
OKEx’s Withdrawal Suspension Isn’t Behind Bitcoin’s Rally: Analysts
23.11.2020
Bitcoin’s price has been up dramatically since OKEx's crypto withdrawal service suspension, yet it's not behind the price rally
Star Xu Surfaces From Detention as OKEx’s Mystery Key Holder Also Returns
20.11.2020
Xu's temporary detention and subsequent release closely coincides with the period that OKEx's unnamed key holder also became unavailable
OKEx Exchange Says Crypto Withdrawals to Restart By Next Friday
19.11.2020
"The private key holder has now returned to his normal business functions," the exchange said in a notice Thursday
OKEx to Reopen Withdrawals By November 27
19.11.2020
Major crypto exchange OKEx confirmed that it will reopen "unrestricted withdrawals" on or before November 27.
"One of OKEx’s private key holders has completed assisting the authorities in a previously referenced investigation. Throughout this investigation, OKEx was confirmed not...
OKEx to resume withdrawals next week with promises of 100% reserves
19.11.2020
OKEx is set to lift its withdrawal freeze first introduced on Oct. 15, claims the exchange cooperated with authorities and no foul play was discovered
World’s dominant crypto futures market could face regulatory shake-up
18.11.2020
Hong Kong appears to be tightening the screws on unregulated crypto exchanges
OKEx Token Rallies on Rumors Founder Xu Released From Custody
18.11.2020
The token has rallied nearly 13% Wednesday
OKEx Mining Pool Flatlines After 99.5% Hash Power Drop as Withdrawal Suspensions Spook Clients
18.11.2020
The pool's hash power has dropped from 5,000 to barely 20 PH/s