Crypto exchange OKX has launched a global ad campaign that takes a dig at rival exchange Coinbase's recent campaign calling for an update to the financial system. OKX's campaign argues that the system needs a complete rewrite, rather than just an update, and highlights the benefits of Web3's decentralized nature. The campaign was produced in collaboration with advertising agency BBDO New York. OKX recently announced plans to expand its crypto services to Australia, citing the country's "huge appetite" for crypto investment and trading products.
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OKX Launches Global Ad Campaign Calling for System Rewrite, Potentially Taking Aim at Coinbase
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1.Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX -
Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX
According to the monitoring of on-chain analyst Yu Jin, Jump Trading may be selling ETH: they are currently redeeming a wstETH (120,000 pieces) worth $410 million in batches into ETH and then transferring it to exchanges such as Binance/OKX. So far, they have unpacked and redeemed 83,000 wstETH into 97,500 ETH in the 9 days since July 25. Among them, 66,000 ETH (191.4 million US dollars) have entered the exchange.At present, there are still 37,600 wstETH in their wstETH storage address that have not been transferred out; 11,500 stETH in the redemption ETH address is being redeemed into ETH; and 20,000 ETH in the ETH transfer address to the exchange are waiting to enter the exchange in batches. -
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The listing of spot ETFs has caused Coinbase's Bitcoin reserves to decline rapidly since February
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Mempool founder: OKX's wallet collection operation cost a total of 254.28 BTC in fees
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