Chinese police have launched an investigation linked to cryptocurrency exchange giant OKEx, forcing one of the world’s largest Bitcoin trading platforms to block users globally from withdrawing money. An unidentified staffer responsible for users’ private keys — accounts where they store crypto assets — has been “out of touch” as Read more…
In brief The Bitcoin futures market continues its steady recovery nearly two months out from Black Thursday. The total value of open trades on Bitcoin’s futures market is now roughly $3 billion. As both retail and institutional futures markets see increased activity, volumes are still $2 billion away from the Read more…
Malta-based cryptocurrency exchange, OKEx’s parent firm, OK Group, has announced investment into a blockchain firm in Wuhan, China to the tune of 10 million RMB. According to the announcement on April 8 via China’s state news network, Xinhuanet, the investment has been in deliberation since late 2019. With the completion of the Read more…