Daily Crypto News & Musings

Latest News and Articles about OKX

OKX Affiliate Guilty of $1T Unlicensed Transactions, Fined $504M

OKX Affiliate Admits to $1 Trillion in Unlicensed U.S. Transactions, Agrees to $504M Penalty OKX’s affiliate, Aux Cayes FinTech Co. Ltd, has pleaded guilty to processing over $1 trillion in unlicensed transactions for U.S. customers, agreeing to a hefty $504 million penalty. This landmark case highlights the U.S. government’s stringent regulatory stance on cryptocurrency platforms. […]

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OKX Proof of Reserves Reveals 8,992 BTC Drop, Surge in ETH and USDT

OKX’s Latest Proof of Reserves: A Closer Look at Shifts in User Assets OKX, a prominent cryptocurrency exchange, recently unveiled its 26th proof of reserves report on December 13, 2024, showing a notable 8,992 BTC reduction in user assets. Despite this drop, the exchange reported growth in other assets, including a significant increase in Ethereum […]

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