OKX Tops Blur, OpenSea NFT Marketplace In Daily Trading Volume
The nonfungible token (NFT) marketplace of the crypto exchange OKX outperformed other notable NFT marketplaces of OpenSea, Blur, and Magic Eden on the 24-hour trading volume data on Dec. 18. The daily trading volume on the OKX NFT Marketplace was approximately $50 million at 10:00 am UTC on December 18, according to the decentralized applications […]
OKX Exchange Suffers $400K Hack Due to Security Breach
Hackers took over management rights for an abandoned OKX DEX market maker contract and hacked a significant vulnerability on the well-OKX exchange, stealing over $400,000 from user accounts. A recent occurrence involves the OKX decentralized exchange (DEX) being exploited, which has led to the misappropriation of funds from purses that have been granted authorization to […]
OKX Overtakes OpenSea in NFT Trading Volume
DappRadar data indicates that the OKX NFT marketplace outperformed OpenSea regarding trade volume, securing a 32% domination in the NFT industry. DappRadar compiled the best platforms for trading digital collectibles, which distributed the most liquidity in November 2023, in a blog post on December 7, 2022. The statistics showed that the Blur marketplace was the […]
OKX Launches Crypto Exchange, Web3 Wallet Services in Brazil
OKX cryptocurrency exchange has initiated extending its user services to include a local Web3 wallet platform and cryptocurrency exchange in Brazil. The organization announced on November 27 that it is concentrating on facilitating access to decentralized finance (DeFi) and cryptocurrency trading using real fiat-on-ramp capabilities in Brazil. The Brazilian market has “enormous potential” to lead […]
OKX Seeks Virtual Asset Trading License from Hong Kong Authorities
OKX is the first offshore applicant on the Hong Kong SFC’s updated list of applicants for licenses to operate virtual asset trading platforms. The recent update to the Hong Kong Securities and Futures Commission’s (SFC) list of applicants for licenses to operate virtual asset trading platforms is a big step toward regulating cryptocurrency exchanges in […]