Category: OKX
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Beware! OKX Exchange Issues Warning Over Harmful Firefox Extension
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Seychelles-based OKX has issued a warning about the spread of unauthorized add-ons to OKX Wallet, which are currently available in the Firefox Plug-in Store. According to user reports, the fake browser extension adds a third-party functionality within the website’s browser interface. Although the Firefox add-on store has recorded less than…
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Beware! OKX Exchange Issues Warning Over Harmful Firefox Extension
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Seychelles-based OKX has issued a warning about the spread of unauthorized add-ons to OKX Wallet, which are currently available in the Firefox Plug-in Store. According to user reports, the fake browser extension adds a third-party functionality within the website’s browser interface. Although the Firefox add-on store has recorded less than…
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OKX Launches Licensed Crypto Exchange In Dubai
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In a historic move, the global blockchain technology company OK x VARA-licensed cryptocurrency exchange has launched in Dubai, United Arab Emirates (UAE). This development marks a significant milestone as OKX becomes the first global cryptocurrency exchange to serve retail and institutional clients in the UAE, providing them with access to…
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OKX to Discontinue Services in Nigeria, Here’s What Users Need to Know
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Leading cryptocurrency exchange OKX has announced the shutdown of its services in Nigeria, citing recent regulatory changes. According to emails sent to Nigerian OKX users, clients have until August 30 to withdraw their assets from the exchange, after which any remaining balances on the platform will be subject to restrictions.…
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OKX Faces Advanced SIM Swap Attacks, Losing Millions In Funds
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Credit: Cryptocells The cryptocurrency industry has seen an alarming rise in security breaches and theft incidents, as hackers continually innovate more sophisticated methods to exploit vulnerabilities and steal users’ digital assets. The latest victim in this ongoing battle is popular cryptocurrency exchange OKX, which fell prey to a series of…
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OKX Sees $204M Outflows in 24 Hours After Security Lapses
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OKX has seen significant outflows, with $204 million withdrawn in the past 24 hours and $630 million in the past week, exceeding outflows from other prominent cryptocurrency exchanges. The increase in withdrawals comes from multiple security controversies that may have undermined user trust. OKX design error On June 9, two…
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OKX Sees $204M Outflows in 24 Hours After Security Lapses
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OKX has seen significant outflows, with $204 million withdrawn in the past 24 hours and $630 million in the past week, exceeding outflows from other prominent cryptocurrency exchanges. The increase in withdrawals comes from multiple security controversies that may have undermined user trust. OKX design error On June 9, two…
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OKX Bows Out of Hong Kong, Withdraws VASP License Bid
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To comply with regulatory requirements, OKX said it will discontinue centralized cryptocurrency trading services for Hong Kong residents effective May 31, 2024. OKX attributed the decision to withdraw the Virtual Asset Service Provider (VASP) license application to “careful consideration” of its business strategy. However, the exchange did not provide further…
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OKX HK Discontinues License Application in Hong Kong, Asks Users to Withdraw Funds
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OKX has withdrawn its license application to provide virtual asset services in Hong Kong and plans to discontinue centralized virtual asset trading services for users in the region. In a statement on its website, the cryptocurrency exchange said it has withdrawn its VASP license application and will cease centralized virtual…
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OKX Launches Crypto Platform In Australia
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In a strategic step to strengthen its presence in the leading Asia-Pacific region OKX crypto exchange It has officially launched its cryptocurrency platform in Australia. This achievement represents an important step in OKX’s broader global expansion efforts, as the company seeks to consolidate its position as a major player in…