They still rank as the second and third largest cryptocurrency exchanges in the world but OKEx and Huobi have seen better years than 2020 going by data from CoinGecko 2020 Yearly Cryptocurrency Report. The cryptocurrency aggregator presents data showing OKEx saw its dominance fall ...
The saga of OKEx, one of the largest cryptocurrency exchanges to come out of China, is nowhere near its end. The industry giant has been plagued with controversies for the better part of the last two years, mostly due to the battle between the company’s founders to regain control of the excha...
Hong Kong-based cryptocurrency exchange, CEO Global has halted withdrawals by customers amidst ongoing investigations in China. In what appears to be similar to the case of OKEx, one of the core founders of CEO global has been under detention, linked to the crackdown on fraudulent SI...
After five weeks of restricting withdrawals from its platform, OKEx has resumed full services. However, disappointed users have expressed their reluctance towards returning to the platform, at least in full capacity. This is coming despite the promise of a compensation plan and rewards program...
Data from CoinHolmes show crypto assets from OKEx mainly flowed to Binance, Huobi, Bitfinex by 10:00 a.m. on November 27 after the exchange resumed the withdrawal. Among them, nearly $250mln worth of mainstream crypto assets flowed from OKEx to Binance, including 12549 BTC, 2953977...
The top stories from the Chinese cryptocurrency sphere this past week include: OKEx to resume withdrawals after the temporary suspension, Several Chinese miners bank accounts frozen allegedly for fraud and money laundering, Huobi prime bidder to purchase top South Korean Bitcoin exchange ...
The dip seen in Bitcoin price last week after a top member of OKEx, one of China's top three cryptocurrency, was reportedly held in police custody has been made up for by the announcement that global payment giant, PayPal will start allowing the buying and selling of cryptocurrencies on its ...
Most decentralized finance (DeFi) related developments may be taking place outside of China but initiatives coming from Chinese projects like OKEx and Ontology continue to support the growth of the protocol. The DeFi concept seeks to enable crypto businesses and platforms recreate t...
Many top Bitcoin exchanges have seen an influx of new users since the coronavirus lockdown started. Five exchanges saw a notable increase in both signups, and trading volume—with some citing a doubling, or in some cases, a tripling of their usual rate of new signups. These exchanges are: K...
In recent Chinese cryptocurrency news, while the FCoin drama keeps simmering, OKEx was experienced DDoS attacks, security issues centering on crypto exchanges once again rose to a talking point in the country; Bitcoin mining industry is walking out of the shadow of coronavirus as producti...
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