OKX, CoinShares, Komainu Launch Secure Trading of Segregated Assets
OKX hopes to transform institutional digital asset trading in collaboration with Komainu and CoinShares by strengthening security and trust. Crypto exchange OKX has partnered with custody provider Komainu and asset manager CoinShares, aiming to advance institutional adoption of digital assets through round-the-clock trading of segregated assets. OKX states that while Komainu, a third-party custody service, […]
OKX Exchange Launches Ethereum Layer-2 Testnet Dubbed X1
OKX cryptocurrency exchange announced the launch of a testnet named “X1,” a forthcoming Ethereum layer-2 network that will be part of the Polygon ecosystem and use zero-knowledge proofs to bridge assets from Ethereum. Developed with the Polygon chain development kit (CDK), the X1 network will authenticate deposits and withdrawals between layers using zero-knowledge proofs. CoinMarketCap […]
Crypto Exchange OKX to Delist 26 Trading Pairs
A number of trading pairs, notably BTM, which experienced a 32% decline have been delisted by OKX. With reference to tight listing criteria and ongoing performance monitoring, prominent cryptocurrency exchange OKX stated that it was delisting over 20 trading pairs. This measure will impact many trading pairs across many cryptocurrencies and involves suspending deposits and […]
OK Group Retires ‘Okcoin’ for Global Upgrade to ‘OKX’
Okcoin will share the same name as OK Group’s other crypto venture, OKX, formerly known as OKEx. Okcoin was established in 2013. OK Group, a major cryptocurrency exchange operator, continues to transform its business by rebranding its crypto ventures as “OKX.” Hong Fang, chief operating officer at OK Group and president of OKX, announced the […]
Binance, OKX to Comply With UK’s New Financial Promotions Rules
Major global cryptocurrency exchanges such as Binance and OKX have announced that they are striving to comply with the United Kingdom’s new financial promotion regulations. On October 8, the Financial Conduct Authority (FCA) of the United Kingdom enacted the country’s new Financial Promotions (FinProm) Regime for cryptocurrency firms to ensure equitable, clean, and transparent cryptocurrency […]