OK Group sunsets ‘Okcoin’ for a global transition to ‘OKX’
Founded in 2013, Okcoin will have the same name as OK Group’s other crypto venture, OKX, formerly known as OKEx. Go to Source
OKCoin
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Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits
Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount importance to Circle,” Allaire emphasized. Crypto Firms Scramble for … Read more
Okcoin suspends USD deposits in wake of Signature Bank closure
U.S. dollar withdrawals on Okcoin are not affected by the suspension. Go to Source Powered by WPeMatico
Stacks price plunges hard after rallying 70% in a day — more STX losses ahead?
The massive move upside appeared as a $165 million fund is launched by OKcoin to build apps on the Bitcoin blockchain using Stacks. Go to Source Powered by WPeMatico
City of Miami Gets $5.25M Disbursement From Miamicoin as MIA Flounders 88% Lower Than Price High
While Miami’s mayor Francis Suarez told the public he was a big believer in bitcoin and has accepted his pay in bitcoin, at the same time, a crypto coin called miamicoin (MIA) was launched. The Miamicoin project’s goal was to give Miami’s “citizens and supporters the power to support, improve and program the Magic City.” … Read more
Okcoin hires former Facebook spokesperson Randi Zuckerberg to grow female user base
With the hiring, Okcoin has many women in key leadership positions, including CEO Hong Fang as well as head of content and brand Mandy Campbell. Go to Source Powered by WPeMatico
Okcoin reports altcoins drove institutional interest in crypto for 2021
The recent purchasing behavior of institutional investors contrasts with that in 2020 and earlier, when “institutions exclusively favored altcoins that were at least four years old, such as Ether and Litecoin.” Go to Source Powered by WPeMatico
US and Singapore companies collaborating: Okcoin partners with Hodlnaut
“We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto,” said Khairi Azmi. Go to Source Powered by WPeMatico
Stronger crypto regulations in US won’t necessarily help prevent fraud, says Okcoin CCO
Megan Monroe said an “incubator” approach might be one possible solution to the current “patchwork of financial regulations” in the United States. Go to Source Powered by WPeMatico
Okcoin secures regulatory approval in Malta and the Netherlands
CEO Hong Fang said Okcoin was focused on Europe as part of the firm’s global growth plans. Go to Source Powered by WPeMatico
