Browsing:OKX

Apple's App Store in India recently restricted access to crypto exchange apps
3 months ago 2 mins read

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

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 Bitfinex, on December 28, 2023, for allegedly operating illegally in India. The FIU emphasized that any exchange that caters to Indian users must register as a “reporting entity” and file

OKX DEX Faces Security Breach
4 months ago 1 min read

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

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 users. The attacker took advantage of manipulated management rights within a TokenApprove contract in this case, resulting in unauthorized token transfers. On December 12th, a security incident occurred, raising concerns

OKX Proposes Industry-First BRC-30 Token Standard to Enable Bitcoin and BRC-20 Token Staking
11 months ago 3 mins read

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

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 on Web3 Earn without actively trading. This complements the existing range of curated DeFi earning products already available through the platform. The introduction of BRC-30 and its staking functionalities is driven by

OKX has announced that it will be expanding its crypto trading options for Hong Kong residents.
11 months ago 1 min read

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

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 OKX platform. They can do so using the Hong Kong dollar (HKD), through peer-to-peer (P2P) trading, or by using popular payment options such as ApplePay, Visa, or Mastercard via third-party