OKX News

OKX publishes second Proof-of-Reserves update, commits to report monthly

OKX's latest proof-of-reserves report shows it holds over 90% of its assets in BTC, ETH, and USDT — the exchange has committed to update its reserve on the 22nd of every month. 

Bitfinex closes week leading Bitcoin reserves according to Glassnode

According to numbers from Dec. 16, Bitfinex holds $3.5 billion in BTC while OKX follows with the second largest BTC reserve with $1.5 billion.

OKX and Gate.io resume withdrawals following cloud provider issues

OKX said it would cover potential losses due to connection issues that might have prevented some users from closing their orders.

Bitfinex’s reserves are 91% Bitcoin, Ethereum

Bitcoin and Ethereum accounts for 63% of Coinbase, and 15% of Binance.

Kraken, Coinbase and Gate.io publish proof of reserves with liabilities

Their liabilities are evaluated as a part of an audit and are included in the proof-of-reserves.

EU narrows Russia’s options further with crypto sanctions

The EU says its sanctions will potentially weaken Russia's industrial capacity to continue its war in Ukraine.

Crypto community divided over Ethereum hard fork

Crypto exchanges like MEXC, Gate, and OKX have hinted that they could list the forked version of Ethereum.

Crypto exchange FTX now supports NFT mining

FTX CEO announces that the exchange would now allow its users to turn their artworks into NFTs on its platform.

1,100 people arrested in China over alleged crypto fraud

Chinese authorities arrested 1,100 individuals charged for using crime related profits to buy crypto.

Dfinity’s ‘Internet Computer’ token (ICP) launches straight into the top 10 cryptos

After five years in development, Dfinity Foundation has finally launched its highly anticipated blockchain and governance tokens.

Market data indicates OKEx whales are expecting Bitcoin to spike past $14k

Here’s why DeFi and decentralized exchanges could grow even more