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Tag: OKEx

Blockchain ETFs Steadily Gaining Preference among Investors; OKEx ETFs Launched

Category: Altcoins, Bitcoin, Blockchain, Finance, News, Tech

Blockchain ETFs Steadily Gaining Preference among Investors; OKEx ETFs Launched

Among whispers of state-backed cryptocurrency exchanges making the rounds, blockchain Exchange Traded Funds (ETFs) offered by traditional finance behemoths are showing great promise. While the concept could have been unimaginable a few years ago, 2018 offers four ETFs dedicated to blockchain technology. Blockchain ETFs on the Rise While the emerging financial instrument has received largely mixed results from investors, there…

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OKEx CEO Abruptly Quits Citing Personal Reasons

Category: Altcoins, Bitcoin, Business, Finance, News

OKEx CEO Abruptly Quits Citing Personal Reasons

In an abrupt and shocking turn of events that few could see coming, Chris Lee, the person leading the world’s largest cryptocurrency exchange OKEx, has stepped down from his position as the Chief Executive on March 14, 2018. All Smiles upon Confusing Departure Details are somewhat sketchy at this point as Hong Kong-based OKEx has yet to release an official…

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The UK Has the Most Crypto Exchanges, Accounts for Only One Percent of Global Trading Volume

Category: Altcoins, Bitcoin, Finance, News, Regulation, Tech

The UK Has the Most Crypto Exchanges, Accounts for Only One Percent of Global Trading Volume

Morgan Stanley, the investment giant, has published a report that examines the global cryptocurrency trading landscape. The report is part of the detailed research carried out by the company on the online exchange market of which has been in the midst of a resurgence since recent weeks. This revival comes after a difficult start to 2018 where regulatory crackdowns led…

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OKEx Cryptocurrency Exchange Suspends ERC-20 Deposits on Its Platform

Category: Altcoins, Blockchain, Ethereum, News

OKEx Cryptocurrency Exchange Suspends ERC-20 Deposits on Its Platform

Following the discovery of a smart contract bug, BatchOverFlow, which allowed attackers to generate tokens and deposit them in a wallet freely, the Hong Kong-based exchange OKEx has halted all Ethereum ERC-20 transactions on their platform on April 25, 2018. BatchOverflow Bug Targets Smart Contracts The blockchain security startup PeckShield discovered the smart contract bug. PeckShield have developed an automated…

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Huobi Plan to Hit London in International Expansion

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Huobi Plan to Hit London in International Expansion

Singapore-based exchange Huobi has spoken of plans to expand operations to London.The Huobi team were in London on April 17, 2018, to launch phase II of the Huobi Knights program and unveil four new projects. Expansion Objectives The news comes amid a recent spate of Asia-based exchanges expanding to international shores. Binance and OKex have announced plans to move to…

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Malta Proposes ‘Test’ to Classify ICOs as Securities

Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation

Malta Proposes ‘Test’ to Classify ICOs as Securities

The self-styled crypto-friendly island, Malta, is making efforts and moving forward to test ways to define when assets earned through Initial Coin Offerings (ICOs) turn into securities. Malta’s ICO Interest The Malta Financial Services Authority (FSA) has published a publicly available consultation paper on April 13, 2018. The article acts as a vehicle for collecting feedback from the general public…

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After Binance, OKEx Announces Malta Expansion Plans

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

After Binance, OKEx Announces Malta Expansion Plans

OKEx, a major cryptocurrency exchange platform has announced plans to set up shop in the tiny island nation of Malta. The plan was made known via a post on the platform’s website on 12 April 2018. OKEx becomes the second dominant cryptocurrency exchange platform to announce a move to Malta in little over a fortnight. In March 2018, BTCManager reported…

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OKEx Offers Clarification Amidst Allegations of Manipulating Bitcoin Futures Market

Category: Altcoins, Bitcoin, Business, News

OKEx Offers Clarification Amidst Allegations of Manipulating Bitcoin Futures Market

OKEx, the cryptocurrency trading platform owned and operated by OKCoin in Hong Kong has denied allegations of its involvement in the attempted manipulation of its bitcoin futures market. In a statement published on the platform’s website, OKEx offered a robust repudiation of such claims by addressing all the different rumors that had been making the rounds over the matter. Setting…

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