OKEx

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Markets

Crypto Long & Short: The OKEx Drama Exposes a Weakness in Crypto Market Infrastructure

The OKEx drama shows just how immature crypto markets are compared to traditional ones, but it also highlights their overall resilience.

stock market tablet

By Noelle Acheson

Oct 18, 2020 at 9:13 p.m. UTC

Oct 18, 2020

ExchangesOKExCryptocurrency ExchangesCrypto Long & ShortNewsletters

OKB and other exchange tokens percentage change in wake of OKEx withdrawal suspension

Markets

OKEx Token Price Tumbles Added 20% in Wake of Suspended Withdrawals

OKB is trading just above $4, down from nearly $6 before the news.

OKB and other exchange tokens percentage change in wake of OKEx withdrawal suspension

Oct 17, 2020 at 6:21 p.m. UTC

Oct 17, 2020

OKExUniswapExchange Tokens

People inside a bank vault, Los Angeles, California, 1950s.

Markets

'Only in Crypto': What the OKEx Mess Says About New and Old Finance

On Friday morning, as the OKEx withdrawal-freeze story twisted and turned, CoinDesk's editors had an off-the-cuff discussion about the fundamental realities and unique challen...

People inside a bank vault, Los Angeles, California, 1950s.

By Lyllah Ledesma

Oct 17, 2020 at 2:00 p.m. UTC

Oct 17, 2020

ExchangesBitMEXOKExPodcasts

chinacloud

Markets

Huobi Guarantees Normal Operations During OKEx’s Suspension of Crypto Withdrawals

Huobi, one of OKEx’s biggest competitors, ensured its users that its platform is “currently operating normally,” after OKEx announced that it has suspended all cryptocurrency...

chinacloud

Oct 16, 2020 at 7:03 p.m. UTC

Oct 16, 2020

Policy

OKEx Denies Investigation of Founder Star Xu Is Related to Money Laundering

OKEx has denied the ongoing investigation of its founder is related to an anti-money laundering investigation.

Oct 16, 2020 at 1:57 p.m. UTC

Oct 16, 2020

ChinaExchangesOKEx

The OKEx exchange had to suspend withdrawals because a founder who held a crucial private key was reportedly detained.

Markets

First Mover: OKEx Private Key Snafu Sends Bitcoin Lower as China DeFi Rises

OKEx withdrawal suspension sends bitcoin lower, China becomes hotbed of DeFi development, Filecoin first-day trading leaves market cap above $800M.

The OKEx exchange had to suspend withdrawals because a founder who held a crucial private key was reportedly detained.

By David Pan Omkar Godbole Sebastian Sinclair Bradley Keoun

Oct 16, 2020 at 1:04 p.m. UTC

Oct 16, 2020

ChinaEthereumBitcoinOKExDeFiNewslettersFirst Mover

Bitcoin price chart for Oct. 16

Markets

Bitcoin Price Dips 3% on OKEx News, Analysts Aren't Too Worried

While market sentiment may remain temporarily weak after the OKEx news, a price crash looks unlikely.

Bitcoin price chart for Oct. 16

By Omkar Godbole

Oct 16, 2020 at 11:19 a.m. UTC

Oct 16, 2020

BitcoinMarketsOKEx

Markets

OKEx Founder Incommunicado While Assisting in Investigation: Report

Caixin sources said Mingxing "Star" Xu had been 'taken' by authorities at least a week ago and hasn't been seen since.

By Daniel Palmer

Oct 16, 2020 at 10:16 a.m. UTC

Oct 16, 2020

ExchangesStar XuOKExCoinFlash

Markets

OKEx Suspends Withdrawals, Says Key Holder Not Available Due to Cooperation With Investigation

Withdrawals are suspended as a key holder is "out of touch," preventing withdrawal authorizations.

By Zack Voell David Pan

Oct 16, 2020 at 4:38 a.m. UTC

Oct 16, 2020

Binance CEO Changpeng "CZ" Zhao says the centralized exchange's BNB tokens might benefit from the decentralization trend.

Markets

Federal reserve

First Mover: Binance's CZ Doesn't Even Dispute That DeFi Might Be Inevitable

Big crypto exchanges like Binance, Huobi and OKEx are rushing out DeFi platforms to cash in on the fast-growing industry and stanch user defections.

Binance CEO Changpeng "CZ" Zhao says the centralized exchange's BNB tokens might benefit from the decentralization trend.

By Bradley Keoun Muyao Shen Omkar Godbole Sebastian Sinclair

Sep 16, 2020 at 1:07 p.m. UTC

Sep 16, 2020

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