OKX Launches Flexible Staking for XRP, Shiba Inu (SHIB), and Dogecoin (DOGE)
To meet users’ demand, OKX crypto exchange enabled the flexible staking feature for five top digital assets including XRP, Shiba Inu (SHIB), and Dogecoin (DOGE).
FTX Hacker Reportedly Transfers a Portion of Stolen Funds to OKX After Using Bitcoin Mixer
A crypto analyst who goes by ZachXBT on Twitter alleged that the FTX hackers have transferred a portion of the stolen funds to the OKX exchange, after using the Bitcoin mixer ChipMixer. The analyst reported that at least 225 BTC — worth $4.1 million USD — has been sent to OKX so far.
OKX Releases Proof of Reserves Page, Along With Instructions on How to Self-Audit Its Reserves
This comes at a time when crypto exchanges are coming under greater scrutiny after the collapse of FTX.
Binance, OKX and Bybit Suspend USDT and USDC Deposits on Solana
Solana (SOL) trades at $13.5, with a 5% loss in the last 24 hours and a 3% loss in the previous week. The cryptocurrency is recording significant losses across all timeframes due to the recent event surrounding FTX and the contagion impacting the crypto industry.
Breaking: Binance, OKX Halt Solana USDT, USDC Deposits
Crypto exchanges Binance and OKX announced temporary suspension of USDC (SOL) and USDT (SOL) deposits.
Crypto Exchange OKX To Launch $100M Fund for Troubled Projects
Crypto exchange OKX plans to launch a $100 million ecological support fund for crypto projects suffering from liquidity issues due to FTX’s bankruptcy saga.
Just-In: OKX Follows Binance To Announce Crypto Market Recovery Fund
Crypto exchange OKX on Monday announced $100 million in recovery funds to support projects with liquidity issues and to migrate from Solana. Binance CEO “CZ” earlier announced a similar industry recovery fund as the crypto market continued to drag lower amid the FTX crisis.
FTX-Binance Conflict May Cause Great Harm to All Crypto Space: OKX Founder
Star Xu, founder of the OKX exchange, has taken to Twitter to express his concerns about the war between Binance and FTX – the two largest crypto exchanges in the crypto space. "FTX-Binance conflict may hit the whole space" He stated that if FTX Token (FTT) becomes the new LUNA, meaning that the latter hits the crypto market so hard that Bitcoin and altcoins plunged, there would not be a single player in the space who would be able to benefit from it, including Binance. Customers and, what is most important, the regulators, would lose confidence in crypto, Star Xu stressed in his tweet. He believes the only way out of this is to get CZ to stop selling the FTT bags of Binance and strike a new deal with FTX co-founder Sam Bankman Fried.
