Star Xu, founder of world’s leading cryptocurrency exchange OKCoin/OKEx, may be seeking a possible backdoor listing by buying a majority stake of a Hong Kong-listed company. According to shareholding disclosures shown on Hong Kong Stock Exchange (HKEX), Star Xu (Xu Mingxi...
Star Xu, the founder of OKCoin and OKEx, the world’s largest cryptocurrency exchange, has been released from the police station on September 11 evening after 24 hours assisting an investigation into a fraudulent scheme. As of press time, those investors are still holding right protection ...
September 10, Mingxing Xu, better known as Star Xu, the founder of the world’s largest cryptocurrency exchange OKCoin, was reported to be taken by Shanghai police into custody for voluntary questioning as he is suspected of being involved in a cryptocurrency fraud case, according to Caili...
A crypto investor recently brought a lawsuit against the crypto exchange OKCoin for a bitcoin fork in the Beijing court. It is the first lawsuit related to a bitcoin fork in the country, according to Legal Weekly. The plaintiff claimed the equivalent amount of bitcoin cash (BCH) tha...
Tencent Technology reports that the authority decides to shut down all Bitcoin exchanges that register in mainland China. Star Xu, CEO of OKCoin, comforts the staff that the Company is actively seeking non-fiat business and application for license in Japan, Korea and USA is ongoing...
One of China’s biggest digital currency exchanges has refuted claims it used clients’ funds to invest in financial products deemed risky. According to state newswire Xinhua in an August 17 report, both Huobi and OKCoin exchanges reportedly invested around 1 billion yuan ($150 million) ...
According to an 8btc forum post today, a previous rumour turns out to be true that OKCoin have suspended transfer of bitcoin from its domestic site to international site, where bitcoin futures trade is hosted. The OP said that: (We are) informed today and the news had been circulated y...
Following the commencement of the move to start charging transaction fees by China’s BTCC, OKcoin and Huobi on Tuesday January in response to PBoC’s requirement to eliminate margin trading service, Bitcoin trading volume in Chinese yuan has dropped to its lowest for the year. A...
As Chinese exchanges will begin to charge service fees for transactions on their platforms starting Tuesday January 24, they seem to have devised a way to split Bitcoin into a more usable form associating its divisibility with the parity it has with fiat money. The move to charge both mar...
OKCoin announced the shutdown of Bafang, a blockchain-based mutual insurance project, on 9th January 2017. The project was launched on 15th Aug 2016 with initial funding injection of 10 million RMB from the parent company OKCoin. Bafang boasted to have received 10 million USD...
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