OKX Publishes Fourth PoR Report
The Seychelles-based cryptocurrency exchange OKX just published its fourth monthly Proof of Reserves (PoR), which lines up with its earlier PoRs and allows customers to confirm that the exchange actually holds the claimed amount of cryptocurrency. It disclosed maintaining clean assets totaling $8.6 billion in Tether (USDT), Ethereum (ETH), and Bitcoin (BTC).
OKX’s February Proof-of-Reserves Report Shows $8.6B in ‘Clean Assets’
OKX is overcollateralized with a reserve ratio of 104% for bitcoin (BTC), 104% for ether (ETH), and 102% for USDT according to a recently published Proof-of-Reserves report.
OKX To Launch OKBChain in Q1-2023
Come the first quarter of 2023 and OKX will go ahead with the launch of OKBChain. The aim is to foster the growth and development of the crypto sphere while driving the adoption of cryptocurrency. It would further help the ecosystem expand in terms of decentralization. Segregation with OKXChain has been marked by OKX by highlighting that both protocols serve different purposes.
Crypto Exchange OKX Announces New OKBChain, OKB Skyrockets to New ATH
Seychelles-based cryptocurrency exchange OKX announced the launch of its new blockchain dubbed OKBChain, which is separate from the existing Ethereum Virtual Machine (EVM)-compatible smart contracts protocol OKXChain.
Heroes Of The Crypto Community Rally Behind Turkey
Several crypto companies including Binance, Tether, Bitfinex, OKX, and Kucoin pledged over $9 million in aid for the earthquake victims in Turkey and Syria.
OKX to Donate 1 Million Turkish Lira to AHBAP to Support Relief Efforts
Today, OKX announced that it will make a one million Turkish lira donation to AHBAP to support relief efforts locally. Our teams are also reaching out to local OKX community members, customers, affiliates and partners to see how we can further assist with relief efforts.
London Is Going To Host the Largest Crypto & Blockchain Conference
After 4-years of its successful events chain despite the bear market, the Blockchain Economy Summit’s 6th edition is scheduled for February 27-28, to be held in London, UK.
BabyDoge Enters Top 100 Cryptos, & OKX Integrates BabyDoge Swap
Leading canine-themed token BabyDoge has been one of the top-performing crypto assets that recorded a tremendous rally over the weekend. Yesterday, BabyDoge rallied over 30% to a 24-hour high of $0.000000003512. Aside from yesterday’s rally, BabyDoge also saw massive gains in the past 30 days, the meme-based cryptocurrency rallied by 206.4% in the monthly charts.
OKB Price Reaches New Highs but Excessive Open Interest is Worrisome
The OKB price reached a new all-time high on Feb. 5. It has not shown any major signs of weakness, suggesting that the upward movement could continue.
Okx to Launch Okx Collective, a Metaverse Experience Powered by Manchester City Soccer Players
Okx, one of the largest cryptocurrency exchanges in the market, has announced the launch of its soccer-focused metaverse experience, called the “Okx Collective.” The immersive experience will include Jack Grealish, Rúben Dias, Ilkay Gündoğan, and Alex Greenwood, stars from Manchester City, the reigning champion of the Premier League.
