OKEx Exchange Records Trading Volume of Over $2.4Bn in Crypto Derivatives in 24 Hours, Tops BitMEX and Others

OKEx which started last year on a high note ended it with so many traders calling for its shutdown. The exchange was involved in a market manipulation scandal as a result of it forcing an early settlement of BCH futures without prior warnings. This took place some few hours to the highly anticipated fork. The…

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Crypto Exchange Trading Volume Sinks to Lowest Levels in 2 Years

The cryptocurrency bear market we have experienced for over a year now is showing no signs of a reversal. Cryptocurrencis across the board, including Bitcoin (BTC), continue to hover around their lowest levels in months while some are even finding new lows. Not only are the prices drastically low, but the overall market volatility is…

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OKEx Adds 7 New Trading Pairs to its Crypto Derivatives Platform

On Thursday, January 3rd, Hong Kong-based cryptocurrency exchange OKEx revealed the addition of seven new trading pairs to its cryptocurrency derivative product. The exchange currently stands as the world’s second-largest cryptocurrency exchange by volume, with a 24-hour trading volume of $552 million at the time of writing. OKEx originally launched its first derivative product, a…

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Only 2 out of 25 Top Crypto Exchanges Report Their True Trading Volumes: Report

Photo: Pavlos Giorkas / Flickr The December Exchange Volumes Report by the Blockchain Transparency Institute (BTI) is out. According to the report, just two of the top 25 cryptocurrency exchanges report accurate trade volume. The two are Binance and Bitfinex. The rest inflate their trade volume figures hence providing inaccurate information. This report confirms the…

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The Daily: CEX.io Enforces KYC, Okex Updates BCH Ticker

In today’s edition of The Daily we cover another cryptocurrency venue that now requires verification from traders, the latest exchange to update the BCH ticker since the recent hard fork, a new solution for reporting crypto taxes for cannabis merchants, and a new way in which founders are demonstrating commitment to their crypto businesses. Also…

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The Bitcoin Cash ticker drama: Okex set to implement major changes on the Bitcoin Cash Satoshi Vision and Bitcoin Cash ABC tickers

2018 will be remembered for a truckload of downturns in the cryptocurrency community, one of the most significant of which will be the Bitcoin Cash November hard fork and the events birthed by it, that has now left the cryptocurrency space different. After the bearish trends that surfaced due to the hash war, the division…

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Coinbase Opens the Door to More Than 30 New Cryptocurrencies

Coinbase has announced that it plans to list over 30 cryptocurrencies, with many more to follow. In its largest listing spree to date, the California-based exchange will add dozens of cryptocurrencies in the coming months, including dai, mana and neo. Moving forward, Coinbase ultimately plans to add over 90 percent of “all compliant digital assets.”…

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Coinbase, Ripple, and Other Big Names Invest $13M into Security Token Startup Securitize

Photo: Securitize / Twitter Securitize is a company that assists other firms with tokenizing assets and traditional securities. The funding round will help Securitize prepare for its planned launch of a Digital Security Offering (DSO) next year. According to the statement, the company believes that decentralized ledgers have the ability to bring instant transactions and…

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OKEx Users Question Company's Risk Management Following Derivatives Debacle

Handling cryptocurrency-related derivatives opens new business opportunities for exchanges. In the case of OKEx, the company is facing a lot of scrutiny. Its recent change of terms pertaining to derivative contracts does not sit well with traders. This also highlights the need for proper regulatory measures regarding these speculative investment opportunities. Traders Outraged Over OKEx…

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Bitcoin Technical Analysis: Bitcoin Cash Civil War Drives BTC to a 1-Year Low

Holy mackerel! Out of the blue, Bitcoin dropped to a new 12-month low with little notice. Anyone hoping for a Santa Claus rally had better drop to their knees and start the Hail Marys. Market Overview Today Bitcoin (BTC) 00 got nuked. In fact, the entire cryptocurrency market took a direct hit from a 50…

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OKEx Notes Early Delivery of BCH Futures After Trading Stop to Avoid Market Manipulation

The world’s current biggest crypto exchange OKEx has announced early delivery of Bitcoin Cash (BCH) futures contracts immediately after trading stop time today, Nov. 14, according a press release shared with Cointelegraph. As per the announcement, all Bitcoin Cash futures contracts have been set to stop trading at 9:05AM CET and delivered subsequently at 10:00AM…

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Daily Byte: October 30, 2018

Ethereum’s family reunion kicks off, OKEx prunes some trading pairs, and SC Johnson fights to clean the ocean but researchers say it’s too late. Here is some of what’s happening on Tuesday, October 30, 2018: Devcon 4 Opens Today The Ethereum Foundation is kicking off DevCon 4 today in Prague, Czech Republic. A four-day gathering…

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Order Speed Analysis Reveals the Fastest Cryptocurrency Exchanges

When you’re trading digital assets, speed matters — particularly so if you’re engaged in high-frequency trading, when every millisecond counts. Executing orders a fraction of a second ahead of the market can mean the difference between profit and loss. New data reveals which cryptocurrency exchanges are the fastest — and which are struggling to keep…

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Crypto Exchange OKCoin Makes Bold US Expansion Move

OKCoin’s crypto-to-crypto trading services are now available in 20 more US states. Following a successful launch in California earlier this year, cryptocurrency exchange OKCoin has expanded its token-to-token trading services into 20 more American states. The company said in a blog post on Wednesday that has extended its reach to the states of Alaska, Arizona,…

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Coinbase trade volume down by 83% whereas OKEx witnesses a huge growth

Diar recently released a report on cryptocurrencies, State of the Digital Assets Trading. The report studies the effect of cryptocurrency volatility has had on the cryptocurrency markets. In addition, the reports show the impact it had on cryptocurrency exchange platforms. According to the report, Coinbase, one of the leading cryptocurrency exchange platform in the world…

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Exchanges Round-Up: Chinese Court Backs Coinnice Repatriation, CZ Demos Binance DEX

In recent news pertaining to cryptocurrencies, a Chinese court has rejected an appeal from a trader disputing a previous decision that mandated he repay the value of 5 BTC accidentally credited to his Coinnice account, the CEO of Binance has demonstrated the company’s upcoming decentralized exchange (DEX), and Okex’s head of operations has discussed the…

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The Daily: Ledger Adds Coins, Okex Launches Coinall, Exmo Partners with Mistertango

Covered in The Daily on Friday are several announcements crypto users may find interesting. Ledger has added support for 8 new coins and crypto exchange Okex is launching a white label platform. Also, Exmo will offer its European users faster payments and transfers in partnership with Mistertango, and Estonian startup Citowise has integrated credit card…

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OKEx Pours 2,500 Bitcoin (BTC) To Help Cover Huge Futures Loss, Traders Still Face Significant Clawback

Traders on the OKEx futures market will have to absorb a loss of 1,200 BTC, worth about $9 million, after one player made a risky bet. OKEx futures traders will have to absorb losses of 1,200 BTC, after the force-liquidation of a huge position in futures contracts. The exchange intervened at the last moment, injecting…

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The Daily: Coinbase Forms Political Action Committee, EY Acquires Crypto Patents

In The Daily on Saturday, crypto exchange Coinbase has formed a political action committee to raise funds for US elections. Also, Ernst & Young has announced the acquisition of crypto technology and patents, and Indonesian crypto POS terminal maker Pundi X is looking to expand in South Korea with a new partnership. Also read: Minsk…

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OKEx To Launch Security Token Trading Platform with Malta Stock Exchange

The upcoming OKMSX exchange will target big investors and is planned to start in the first months of 2019. OKEx, one of the leading crypto markets, has signed a partnership with Malta Stock Exchange (MSX) for the development of a new trading platform for security tokens, OKEx announced on Thursday. The joint initiative aims to…

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