OKX Becomes One of the First Exchanges to List Ordi BRC-20 Token
OKX has become one of the first exchanges to list Ordi (ORDI), a BRC-20 token that uses ordinals and inscriptions to create and manage unique digital assets on the Bitcoin blockchain. With the new listing, ORDI traders will benefit from lower fees, faster transactions, and a more convenient way to manage their assets.
OKX to Let Users Redeem Their Assets to zkSync Era
OKX, a top crypto exchange, has announced that it will soon allow its users to withdraw their assets to the zkSync Era network. However, this service is currently unavailable as consumers cannot deposit from zkSync Era at present.
Love Hate Inu (LHINU) to List on OKX and Uniswap, Pioneering Vote-to-Earn Concept and Boasting Impressive Community
Love Hate Inu (LHINU), a dynamic meme coin, has gained attention due to its successful presale phase that generated over $10.2 million. LHINU is set to be listed on the prestigious OKX exchange on May 19 at 10am UTC, followed by a listing on Uniswap four hours later. LHINU stands out from other meme coins due to its innovative Vote-to-Earn (V2E) concept that rewards users with LHINU tokens for participating in polls related to real-world events or controversial figures. With a robust community of over 16,600 members on Telegram and 43,000 followers on Twitter, LHINU is predicted to experience a surge in price and is a meme coin to watch.
Binance's Market Share Drops as Exchange Says It Doesn't Need More
Binance's market share in spot crypto trading volumes has decreased by almost 15% in recent months, dropping from 62% in February to around 47% this month. The decline is attributed to factors such as the exchange ending its zero fees on bitcoin trading and overall tepid trading volumes. However, Binance remains the largest spot crypto exchange in the world.
Scammers Steal Millions in Crypto by Pretending to be HitBTC
Scammers have stolen over $15 million worth of cryptocurrency by creating a fake version of HitBTC's authentic website, hitbtc.com. MistTrack, a crypto compliance platform, has identified the website hitbt2c.lol as the fraudulent site. The scammers lure users to connect their wallets or deposit crypto onto the fake exchange, resulting in lost funds. MistTrack has located four blockchain addresses used by the scammers to receive funds, and they appear to be using decentralized finance tools to cover their tracks and centralized ways to cash out their ill-gotten gains. Despite MistTrack's warning, there has been no response from OKX and HitBTC regarding the phishing threat.
OKX Launches Features for Trading Bitcoin Ordinals and BRC-20 Tokens Amid Market Boom
OKX, the second largest crypto exchange by trading volume, is launching new features that will allow customers to mint and trade Bitcoin Ordinals and BRC-20 tokens using the OKX wallet. This move follows the exponential growth in market capitalization for BRC-20 tokens, mainly memecoins like ordi, and Binance's announcement that its NFT marketplace will support Ordinals trading.
OKX Launches NFT Trainer Collection Designed by Alex Greenwood
OKX, a leading Web3 technology company, has partnered with Manchester City women's player Alex Greenwood to launch an exhibition in the OKX Collective metaverse showcasing three original NFT trainers designed by Greenwood and NFT designer Nas. The NFT trainers, titled 'Adaptable', 'Calm & Patience', and 'Commitment & Passion', are available for free via airdrop and as part of the 'AG5 x OKX' NFT collection on the OKX NFT Marketplace.
OKX Wallet Launches Cryptopedia and Partners With Radiant and Marinade in Effort To Boost Web3 Adoption
OKX Wallet has recently launched Cryptopedia, a Web3 learn-to-earn and airdrop platform, aimed at helping users easily access Web3 projects and dApps. The platform also offers additional rewards and airdrops. The first issue of Cryptopedia, focused on the zkSync theme, provides users with the opportunity to receive zkSync airdrops and other related airdrops, as well as collect non-fungible tokens jointly created by OKX Wallet and zkSync. Additionally, OKX Wallet has announced its partnership with Radiant and Marinade protocols, which will allow users to access their lending and liquidity staking services via the OKX Wallet plug-in and Discover platform. However, there has been no significant price movement in the OKB market since the announcement was made.
Binance's Spot Trading Dominance Declines as Other Exchanges Gain Market Share Amid US Regulatory Actions
Binance, which is known as the largest crypto exchange in the world, has been experiencing a decline in its market share for spot trading. Meanwhile, other exchanges such as OKX, Huobi, and Bybit have been gaining market share. The regulatory scrutiny and actions by US regulators against Binance have become a major concern for its users, and a potential enforcement action by the SEC could be devastating for the exchange and the market. Binance's CEO is planning to reduce his shareholding in the Binance.US crypto exchange to reduce the impact on its US arm amid a targeted attack against Binance. The Securities and Exchange Commission has issued warnings to Binance, Huobi, and OKX.
OKX's "Rewrite the System" Campaign Calls for Blockchain-Enabled Technology to Rebuild Financial Infrastructure and Empower Digital Ownership
Cryptocurrency exchange OKX has launched a new advertising campaign called "Rewrite the System" that challenges traditional finance and Web3 competitors. The campaign highlights inflation, data breaches, and censorship as indicators of a broken system. OKX CMO Haider Rafique believes that blockchain-enabled technology is essential in rebuilding financial infrastructure and empowering digital ownership. The exchange has also embarked on high-profile partnerships and bold advertising campaigns with the likes of Manchester City and Formula1 team McLaren to expose cryptocurrencies and Web3 offerings to global audiences. OKX's focus on NFTs through its marketplace provides the backbone of augmented mixed reality experiences at the Tribeca film festival.
