Tag: OKX

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OKX And Bybit Suspends Sanctioned Russian Banks From P2P Services

OKX and Bybit are the latest digital asset exchanges to delist sanctioned Russian banks from their peer-to-peer (P2P) services.  Two Russian banks, Tinkoff Bank and Sberbank have both been removed from P2P services of some crypto exchanges due to Western sanctions following the invasion of Ukraine. According to local sources, crypto users can no longer…
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OKX and ByBit remove sanctioned Russian banks from payments list

Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on ByBit and OKX. At least two major crypto exchanges followed Binance in excluding Russian banks under international financial sanctions from their payment options. Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on ByBit and…
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PEPE Token Heist: Former Team Members Swipe $15 Million in Tokens, Lead Developer Vows to Rebuild and Decentralize

Approximately 16 trillion PEPE tokens worth $15 million were illicitly transferred to crypto exchanges and sold, according to an announcement from the meme coin’s anonymous lead developer. The theft was allegedly orchestrated by three former team members who accessed the token’s multi-signature wallet before removing themselves from the project. Despite this setback, the lead developer…
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PEPE Token’s Rapid 17% Fall Sparks Concerns Over Multi-Sig Wallet Changes and Massive Fund Transfers

In the wake of the meme token’s meteoric ascent, pepe (PEPE) has plummeted by over 17% in the last 24 hours. Buzz on social media suggests a significant amount of funds held by the development team are being transferred to exchanges. Moreover, alterations have been made to the team’s multi-signature wallet. Meme Token PEPE Tumbles:…
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Worldcoin’s Turbulent Debut: Down 53% From Peak With 85% WLD Held in Just 6 Wallets

In just over 25 days since its listing debut on July 24, 2023, the cryptocurrency known as worldcoin (WLD) has experienced a notable decline of 29% when measured against the U.S. dollar. Notably, within the last week alone, it saw a decrease of more than 11%. Interestingly, within the past 24 hours, WLD showcased a…
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2023 Centralized Crypto Exchange Study Highlights Winds of Change Among Top 10 Platforms

In a report by the crypto market aggregation web portal Coingecko, Binance retains its crown in the centralized cryptocurrency exchange arena, but not without facing fierce competition and challenges. Binance Leads But Not Without Contenders, Says Coingecko’s Mid-Year Crypto Study According to the Coingecko research report, Binance continues to dominate the centralized cryptocurrency exchange market…
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A Tumultuous August: Peaks and Valleys in Bitcoin’s Ordinal Inscription Saga

Statistics reveal a continued trend in the number of Ordinal inscriptions, which recently eclipsed the 23 million mark. The month of August, however, has experienced two notable dips, each registering fewer than 100,000 inscriptions per day. These low points in August occurred specifically on August 4 and August 8, 2023. From Records to Recursive Ordinals…
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OKB Token 15% Surge Paves The Way For Record-Breaking Highs

OKB, the native cryptocurrency of the OKX exchange, has made a solid comeback after a lackluster performance in the latter half of July. As August dawned, the token’s price roared back to life, sparking optimism among investors and enthusiasts.  The rally began during the first week of August, when OKX exchange’s investment arm announced a…
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Bitcoin price is down, but data signals that $30K and above is the path of least resistance

Even with a price correction to $29,000, several Bitcoin price metrics show traders casting bets on a quick rebound. On July 24, Bitcoin experienced a flash crash, plummeting to $29,000 in a movement now attributed to significant Bitcoin holders potentially liquidating their positions.  Amid the crash and market uncertainty, Bitcoin’s (BTC) three major trading metrics continue to…
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Neo APAC Hackathon Kicks Off at Tokyo GAS Station: Uncovering Local Web3 Talents and Empowering Regional Development

PRESS RELEASE. Neo, the open-source, community-driven blockchain platform where developers are building the future Smart Economy, today announces the launch of its new APAC Hackathon in partnership with OKX. The event includes a total prize pool of $120,000 for event winners and a post-hackathon grant fund of $1 million, provided by Neo Foundation and dedicated…
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