Exchanges, OKEx

Malta-based cryptocurrency exchange OKEx has reopened withdrawals five weeks after an abrupt suspension.

In a short blog post on Thursday, the exchange announced that it was lifting the freeze at 08:00 UTC and pointed users to a compensation and loyalty program in an attempt to appease disgruntled users.

As reported by CoinDesk on Wednesday, OKEx had been preparing its platform functionality ahead of the reopening by testing its withdrawal system, as 0.02 BTC was moved out from an OKEx wallet.

On Oct. 16, OKEx had been forced to suspend all account withdrawals when an unnamed holder of the keys to the cryptocurrency assets was detained by police to apparently assist an investigation.

A report in the Chinese newspaper Caixin said the key holder was the founder of OKCoin and CEO of OK Group Mingxing “Star†Xu, based on sources “close†to the company.

However, OKEx representatives have denied any connection between the two when asked by CoinDesk.

RELATED NEWS

Cryptocurrency Adoption Passes Another Milestone Surpassing 100 Million Users

According to a new study conducted by Crypto.com, the total number of global cryptocurrency users has surpassed 100 million for the first time ever. The study, which measured the cryptocurrency marketplace’s size using onchain metrics, survey analysis, and internal data, recorded 106 million cryptocurrency users in January 2021. January’s Bitcoin Rally Accumulated a 15.7% Jump […]

Xem chi tiết: Cryptocurrency Adoption Passes Another Milestone Surpassing 100 Million Users

Binance Suspends Ethereum and ERC-20 Token Withdrawals Before Quickly Reversing Course

The rollercoaster-ride in cryptocurrency prices on Monday was accompanied by Binance’s fresh restrictions for ethereum and ERC-20 tokens. Ethereum Network Congestion Fingered as the Culprit for the Temporary Halt Through the official Binance Twitter account, one of the world’s largest cryptocurrency exchanges by volume, announced that it had “temporarily suspended withdrawals of $ETH and ethereum-based […]

Xem chi tiết: Binance Suspends Ethereum and ERC-20 Token Withdrawals Before Quickly Reversing Course

Privacy Coin Verge Suffers Third 51% Attack, Analysis Shows 200 Days of XVG Transactions Erased

According to various reports, the cryptocurrency network Verge has suffered a 51% attack that led to a massive 560,000+ block reorganization. Analysts believe the Verge network attack could be the deepest blockchain reorganization (reorg) in history with roughly 200 days worth of verge transactions wiped. Reports Show Verge Network Experienced a Massive 560,000+ Blocks Reorg […]

Xem chi tiết: Privacy Coin Verge Suffers Third 51% Attack, Analysis Shows 200 Days of XVG Transactions Erased

Bitcoin Futures Open Interest Smashes $15 Billion, CME Registers Over $33 Million in ETH Contracts

Following the revelation that Tesla now owns $1.5 billion in bitcoin, crypto spot markets across the board skyrocketed. Data shows that crypto derivatives markets also saw significant demand as bitcoin futures open interest tapped $15 billion on Monday. Moreover, this week was the start of ethereum futures on CME Group’s exchange, and ether-based futures registered […]

Xem chi tiết: Bitcoin Futures Open Interest Smashes $15 Billion, CME Registers Over $33 Million in ETH Contracts

Soaring Sell Orders Contrast Sharply with Bitcoin’s Renewed Bull Run

Alongside the cryptocurrency’s meteoric climb over the back half of 2020 and early 2021, a curious phenomenon has unfolded; heightened profit-taking and conversion to fiat currencies. Data collected by Simplex, a fiat-crypto gateway, underscores this seemingly paradoxical development. A Curious Race to Convert Crypto to Fiat Has Accompanied Bitcoin’s Latest Drive Higher Sharing exclusive data […]

Xem chi tiết: Soaring Sell Orders Contrast Sharply with Bitcoin’s Renewed Bull Run

Real-Time Blockchain-to-Everything Platform PARSIQ (PRQ) Now Listed on OKEx

PRESS RELEASE. PARSIQ, a blockchain monitoring and workflow automation platform connecting on-chain and off-chain applications in real-time, announced that its PRQ token is now listed on OKEx with USDT base pair. Please take note of the following go-live schedule: PRQ Deposit : 07:00am January 28, 2021 (UTC) PRQ Spot Trading : PRQ /USDT: 10:00am January […]

Xem chi tiết: Real-Time Blockchain-to-Everything Platform PARSIQ (PRQ) Now Listed on OKEx

Report Claims Harvard, Yale, and Brown University Endowments Have Been Discreetly Buying Bitcoin

According to sources familiar with the matter, a number of Ivy League universities including the University of Michigan, Brown, Yale, and Harvard endowments have been discreetly purchasing cryptocurrencies. The prominent schools have been reportedly leveraging exchanges like Coinbase and other trading platforms. Prominent university endowments have been quietly purchasing digital currencies according to a report […]

Xem chi tiết: Report Claims Harvard, Yale, and Brown University Endowments Have Been Discreetly Buying Bitcoin

Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion

Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January 7, 2021. Moreover, the aggregate open interest in bitcoin futures is steadily nearing all-time highs. While cryptocurrency spot markets have consolidated, bitcoin-based derivatives markets have seen continuous action. At the time of […]

Xem chi tiết: Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion

Kraken Users Are Staking More Than $1B in Crypto

Massive Exodus of Bitcoin Continues to Leave Exchanges, Over 87,900 BTC Withdrawn in 30 Days

Massive Exodus of Bitcoin Continues to Leave Exchanges, Over 87,900 BTC Withdrawn in 30 Days

Bitcoin Mining Machine Maker Ebang to Launch Crypto Exchange in 2021; Shares Rise

OKEx Launches Real-Time Settlement for Derivatives Trading

Bitcoin Derivatives Action Swells: A Few June Futures Trade for $30K, Deribit Adds $140K Options Strike

Coinbase, Other Big Exchanges ‘Between Rock and a Hard Place’ on Delisting XRP

XRP Crash Burns Other Crypto Asset Values, BTC Price Remains Unscathed