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Orbiter Finance unveils L2 network with OKX backing


Orbiter Finance, a rapidly expanding entity within the cryptocurrency industry, has achieved a noteworthy milestone with the addition of more than three million users to its cross-chain bridge. This groundbreaking endeavor facilitates the exchange of assets among rollup networks.  The investment...

OKX to End Crypto Mining Pool-Related Services Over Realignment


Centralized crypto exchange OKX said on Friday that it will soon shut down its Mining Pool and related services due to business adjustments. New user registrations for the Mining Pool will no longer be accepted starting Jan. 26. Meanwhile, existing users can continue to use the service until Feb....

Okx Exchange Announces Plans to Compensate Users After OKB Token Flash Crash


Following a sudden plunge in the value of its native token OKB, which fell over 50% in a matter of minutes, Okx exchange has committed to developing a compensation plan for users caught in the resultant wave of automatic liquidations. Okx Exchange to Roll Out Compensation After Unexpected OKB Token...

OKB Flash Crash Wipes Out $6.5B In Minutes, OKX Vows to Reimburse Traders


The OKB flash crash on the OKX exchange wiped out billions in market value within minutes before a swift rebound. Image by Dennis, Adobe Stock. In a major crash that shocked traders, the OKB price dropped over 50% within 15 minutes on January 23, wiping out $6.5 billion in diluted market...

Crypto Exchange OKX Upgrades McLaren Branding to Widen Reach


Digital asset exchange, OKX has increased its level of partnership with McLaren’s Formula 1 team citing more adoption and visibility.  In a recent post on its website, the company announced the updated agreement of its partnership with McLaren F1 2024 branding with the desire to gain more...

India’s FIU Ban: Local Players Offer Haven for Binance, OKX Users


Source: Adobe / promesaartstudio Following the recent ban by India’s Ministry of Finance Financial Intelligence Unit (FIU) on offshore crypto exchanges like Binance, OKX, and others, Indian crypto exchanges are stepping in to offer solutions to affected users. The FIU’s move...

Digital Asset Exchange OKX Obtains Retail License in Dubai – Here’s More


Image Source: Adobe Cryptocurrency exchange OKX has received regulatory approval from Dubai’s financial authorities to offer retail virtual asset services to customers. In a statement on Jan 16, the company disclosed that its Dubai subsidiary has been granted a virtual asset service provider...

OKX Ventures makes an A-round investment in Polyhedra Network


OKX Ventures, an investment subsidiary of a leading Web3 technology company and cryptocurrency exchange, finances an A round of funding for Polyhedra Network. The network is currently engaged in the development of an advanced framework that is associated with Web3 and encompasses numerous features....

Key Price Drivers for Bitcoin This Month + More Crypto News


Source: AdobeStock / Vitor Miranda Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In this edition: Key Price Drivers for Bitcoin This Month CoinTracking Crypto News Today: Crypto Tax Tool for UK Investors Launched...

OKX Implements New Rules for UK Users in Compliance with FCA Regulations


Source: AdobeStock / Iakov Kalinin The cryptocurrency exchange OKX is introducing rules for its United Kingdom-based users in response to recent regulations introduced by the UK Financial Conduct Authority (FCA). On January 2, OKX announced changes to its user experience for new and existing retail...

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