OKX proof-of-reserves shows clean assets worth $8.6b
The fourth monthly Proof of Reserves (PoR) report from cryptocurrency exchange OKX shows that $8.6 billion in clean assets. Comparing the $7.5 billion reserve report from January to the February report, OKX’s reserves have increased by over 15%. Currently, the exchange has around $8.6 billion in Bitcoin, Ethereum, and USDT. According to the OKX Nansen […]
Zipmex to restart customer withdrawals once rescue deal closes
Zipmex, plans to restart customer withdrawals once a deal signed with a venture capital firm last month is finalized. Someone with knowledge of the issue claims that Zipmex and V Ventures have agreed on a price of $100 million for Zipmex to acquire the crypto exchange. The money from the acquisition will be used by […]
Huobi Global Applies For Crypto Trading License In Hong Kong
Huobi is taking action to get regulatory approval for its operations in Hong Kong and to set up a local company. Justin Sun, adviser at Huobi Global and founder of TRON, stated that the new license will let Huobi to provide cryptocurrency trading and investing options to Hong Kong residents in a Twitter thread on […]
San Francisco FED Hires Developer To Build CBDC System
San Francisco is seeking to hire a developer to create unique technologies connected to Central Bank Digital Currency (CBDC). The San Francisco FED disclosed that the chosen individual would hold a mid-senior management position full-time. The developer will be a “technologist” tasked with conduction CBDC research and development. Those that are chosen will become a […]
Helium Network plans Solana move in March
Communications protocol Helium Network has defined March 27 as the date for its migration to the Solana blockchain. The existing Helium blockchain will be stopped on March 27 for a 24-hour changeover period, according to a blog post from February 17. Activities involving data transfer and proof-of-coverage won’t be impacted. To oversee the relocation procedure, […]