OKX

OKX partners with Standard Chartered to offer secure, third-party crypto custody for institutional investors

November 1, 2024 1 min read

OKX, a cryptocurrency exchange, has teamed up with Standard Chartered to enhance security for institutional investors through reliable third-party custody solutions. This partnership merges OKX’s cryptocurrency expertise with Standard Chartered’s established reputation in traditional banking, aiming to build trust among institutional clients. The Chief of Security at OKX described this collaboration as a significant step forward, highlighting the critical need for trust and security as more institutional investors venture into

Cryptocurrency exchange OKX to stop offering services in Niger

July 22, 2024 2 mins read

OKX, a cryptocurrency exchange, has announced its withdrawal from Nigeria. Starting from July 17, 2024, all services provided to Nigerian customers will be terminated. This decision is a result of recent modifications in local legislation and regulations. The decision comes after Naira withdrawals were halted in May 2024, also due to regulatory concerns. Subsequently, the Nigerian government levied allegations against Binance, asserting that the crypto exchange had engaged in the

OKX crypto exchange joins the Netherlands market with the launch of its services and Web3 wallet

June 3, 2024 1 min read

OKX crypto exchange introduced its Dutch exchange services and Web3 wallet. The platform announced it on X on June 3, 2024. OKX serves over 100 countries, according to its website. OKX (previously OKEx) was founded in 2017 and is based in Africa. It has Silicon Valley, UAE, Hong Kong, and Singapore operations. With $2 billion in trade volume, OKX is the fourth biggest exchange, according CMC. In the US and

Apple App Store in India has blocked Binance, KuCoin, Bitget, Huobi, OKX, Gate.io and MEXC crypto exchange apps

January 10, 2024 2 mins read

Apple’s App Store in India recently restricted access to crypto exchange apps such as Binance, KuCoin, Bitget, Huobi, OKX, Gate.io, and MEXC. This decision comes just weeks after the Indian government issued a noncompliance notice to nearly a dozen offshore cryptocurrency exchanges. The Financial Intelligence Unit (FIU) of the Indian Ministry of Finance issued a notice to several exchanges, including Binance, Huobi, Kraken, Gate.io, KuCoin, Bitstamp, MEXC Global, Bittrex, and

Over $400,000 stolen from OKX DEX in a security breach

December 13, 2023 1 min read

According to reports by blockchain security firm SlowMist, OKX DEX, a decentralized exchange aggregator, was the victim of a security breach that resulted in the theft of over $400,000 in crypto. The exploit was traced back to compromised management rights of a market maker contract, which allowed unauthorized token transfers. OKX DEX is known for aggregating trading prices from various decentralized exchanges (DEXes) and displaying the best available prices to

OKX Proposes Industry-First BRC-30 Token Standard to Enable Bitcoin and BRC-20 Token Staking

June 2, 2023 3 mins read

SAN FRANCISCO, UNITED STATES, June 1st, 2023 OKX, a leading Web3 company, today introduced its proposal for a new, open-source BRC-30 protocol that enables staking of BRC-20 tokens and Bitcoin in order to earn BRC-30 tokens. The protocol is open-source and available for all developers to build upon. OKX Wallet will add support for the BRC-30 standard according to the protocol, enabling users to earn passive income by staking BRC-20 tokens or Bitcoin

OKX Now Offers Cardano (ADA) Trading to Hong Kong Residents

May 26, 2023 1 min read

Cryptocurrency exchange OKX has announced that it will be expanding its crypto trading options for Hong Kong residents. The exchange will now offer 16 major cryptocurrencies to its Hong Kong users, including Bitcoin, Ethereum, Cardano, Polygon, Solana, Polkadot, Uniswap, Chainlink, The Sandbox, Litecoin, Avalanche, Axie Infinity, Cosmos, Stellar Lumens, Tether and USD Coin. Users in Hong Kong will be able to purchase, sell or convert these digital assets via the