“It’s a bit weird one of the biggest exchanges in the world isn’t letting us withdraw money for so long,” said one crypto Twitter user.
The OKEx drama shows just how immature crypto markets are compared to traditional ones, but it also highlights their overall resilience.
OKB is trading just above $4, down from nearly $6 before the news.
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 challenges of security for even the largest exchanges.
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 withdrawals indefinitely.
Someone is pouring Bitcoin to OKEx despite the exchange having suspended withdrawals.
OKEx founder Star Xu was reportedly questioned by police a week ago.
Food-themed meme tokens are the latest craze in the DeFi world. Here’s a look at the structure of the most popular ones.
Jay Hao did not mince words in disparaging Binance for strategies he referred to as “irresponsible.”
Several cases show us that while there are amazing opportunities for gains in the DeFi space, there are also many risks that must be considered.