OKX Reports Pperiodic Downtime Due To Alibaba Cloud Equipment Issue

  The Alibaba Cloud Hong Kong IDC Zone C server had an outage on Saturday night about 10 p.m. Eastern Time and has been unable to recover for over seven hours as of the time this report was published....

OKX stops working because of Alibaba Cloud Hardware failure

On Dec. 18, the OKX cryptocurrency exchange had service delays when key infrastructure supplier Alibaba Cloud disclosed a hardware failure at one of its data centers in Hong Kong. There is currently a...

OKX Withdrawals on Pause as Exchange Tackles Cloud Provider Issues

Popular cryptocurrency exchange OKX is experiencing connection issues with their cloud provider, according to their most recent announcements. It appears that withdrawals aren’t functioning at the tim...

OKX Processes No Transaction For Several Hours

Leading crypto exchange OKX has not processed a withdrawal in the last seven hours due to issues with its cloud service provider. The crypto exchange announced that its users’ funds were safe and it w...

OKX Exchange Stops as Alibaba Cloud Hardware Fails

OKX Exchange stops temporarily. Suffers due to Alibaba cloud hardware failures.  Users’ transactions stopped in the middle. The overall philosophical trust upon the crypto exchanges are devastating th...

No withdrawals on OKX for almost seven hours amid cloud failure

Crypto exchange OKX hasn’t processed any withdrawals for almost seven hours owing to a failure with its cloud services provider. The exchange shows a partial outage for deposits and withdr...

OKX cites intermittent outage amid Alibaba Cloud equipment anomaly

Crypto exchange OKX witnessed service disruptions after primary infrastructure provider Alibaba Cloud announced a hardware failure in Alibaba Cloud’s Hong Kong data center. Alibaba Cloud Hong Kong IDC...

Are Exchanges Falling Short on Proof of Reserves Efforts?

Various so-called proof-of-reserves reports by crypto exchanges following the collapse of FTX are misleading, industry participants said, as assuring the solvency of a centralized crypto firm may only...

Elon Musk follows crypto exchange OKX despite recent CEX turmoil

Elon Musk has suddenly followed the OKX crypto trading platform’s official account on Twitter. OKX only crypto exchange followed by Musk Amid the hubbub of the last few days, it has come to light that...

OKX Token Booms After Elon Musk Follows Exchange On Twitter

Elon Musk has started following the cryptocurrency exchange OKX on Twitter, which has suddenly skyrocketed its token, OKB’s price. The price of OKB token was at 22.97 USD before the event, and it boos...

OKX token soars to 6-week high as major coins struggle: here’s why

OKB (OKB/USD), the native token of global crypto exchange OKX, has soared in the past 24 hours to hit its highest level since early November. Data on market aggregator CoinGecko shows that OKB was up ...

Musk Suddenly Follows Crypto Exchange OKX On Twitter, Why?

Elon Musk is currently in the headlines for suspending several Twitter accounts of US journalists after Twitter implemented a no-doxxing policy. As Bitcoinist reported, an incident occurred last night...

Should you buy Floki Inu (FLOKI) after listing on the OKX exchange?

Floki Inu (FLOKI/USD) saw a high level of network activity after it got listed on the OKX cryptocurrency exchange. Floki Inu is a meme-cryptocurrency and the primary utility token used across the broa...

OKX Launches Flexible Staking For XRP and Shiba Inu

– Advertisement – Cryptocurrency exchange OKX has launched flexible staking for Shiba Inu (SHIB) and XRP.  Per a recent announcement, OKX users can stake SHIB and XRP to earn highly flexib...

OKX World Cup: what are the odds if you mint Spain NFTs?

With the group stages still in progress in the Qatar World cup, the chances of minting OKX World Cup NFTs are still open. You have until 12:00 Dec 3, 2022 (UTC+0), to mint up to three NFTs of your bes...

FTX Hacker Sent 255 BTC ($4.1 million) to Crypto Alternate OKX

The FTX attack earlier this month was a sad twist in an already tragic story. According to newly obtained evidence, the FTX attacker transmitted $4.1 million in Bitcoin to OKX via ChipMixer. OKX Recei...

Attacker Sent 255 Bitcoins To OKX In Latest Findings

The FTX saga, an already terrible story took a turn for the worse when a few attackers hacked the FTX exchange earlier this month. Now, fresh information that has been acquired suggests that the attac...

FTX hacker reportedly transfers a portion of stolen funds to OKX after using Bitcoin mixer

Hackers who drained FTX and FTX USA of over $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11, continue to move assets around in an attempt to ...

FTX Hacker Transfers $4.1 Million in Bitcoin to OKX

On-chain sleuth ZackXBT has tracked down some of the mixed Bitcoin funds stolen by the mysterious FTX hacker this month.  The analyst found that $4.1 million worth of Bitcoin (255 BTC) has ended up on...

Users of OKX can now verify to see if their assets are backed 1:1 – crypto.news

OKX is the world’s second-largest crypto exchange in terms of the trading volume. On Nov 23, 2022, it released three industry-leading solutions that give its institutional and retail users more insigh...

Crypto Exchange OKX Launches New Proof-of-Reserves System Allowing Users To Verify Their Assets

Crypto exchange OKX is launching a new proof-of-reserve system that enables customers to verify their digital assets. The Seychelles-based firm says the OKX Proof of Reserves (PoR) will provide a mean...

OKX publishes proof-of-reserves website with self-audit instructions

OKX, a cryptocurrency exchange, has launched a proof-of-reserves website that enables customers to audit its reserves to ensure that company is solvent. This comes at a time when cryptocurrency exchan...

OKX releases proof-of-reserves page, along with instructions on how to self-audit its reserves

Crypto exchange OKX has released a proof-of-reserves page that allows users to audit its reserves to make sure it is solvent. This comes at a time when crypto exchanges are coming under greater scruti...

Crypto Exchange OKX Releases Proof of Reserves For Gaining Trust

46 seconds ago | 2 mins read Exchange News Users may verify the exchange’s funds in two ways, both of which are detailed. The exchange has also included two help file papers that detail how to audit t...

Should you take a chance on FIFA NFTs on OKX

The ongoing FIFA World Cup is expected to draw billions of viewers globally. The event is also expected to be a boom for the blockchain industry. One of the top companies seeking to benefit is OKX, wh...

OKX football fans can mint free FIFA NFTs and earn USDT during the World Cup

After unveiling a football cup that will run concurrent with the ongoing FIFA World Cup, the crypto exchange platform OKX has gone a step further to assist the OKX Football Cup players to mint free OK...

Crypto Is Flowing Out of Exchanges: ‘Severe’ Outflows From Gemini, OKX and Crypto.com, Says JP Morgan

Investors are pulling funds out of major crypto exchanges as a result of the collapse of FTX, JPMorgan analysts have said.  In a note to investors Wednesday, analysts at the investment bank noted that...

Looking into Proof-of-Reserves of Major Exchanges

November 18, 2022, 8:54AM EST • 6 min read Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. After the fall of FTX, the crypto community has publ...

Binance, OKX and Bybit suspend USDT and USDC deposits on Solana

Major cryptocurrency exchanges continue to carry out measures in the aftermath of FTX collapse, now halting deposits in Solana-based Tether (USDT) and USD Coin (USDC). Binance announced on Nov. 17 tha...

‘Severe’ Outflows From Gemini, OKX and Crypto.com, Says JP Morgan

Investors are pulling funds out of major crypto exchanges as a result of the collapse of FTX, JPMorgan analysts have said. In a note to investors Wednesday, analysts at the investment bank noted that ...

Binance, OKX Halt Solana USDT, USDC Deposits; SOL Price?

Crypto exchanges Binance and OKX announced temporary suspension of USDC (SOL) and USDT (SOL) deposits. The development comes after recent suspension of USDC and USDT on Solana deposits and withdrawals...

Gemini, OKX, Crypto.com experienced ‘severe’ outflows as stablecoins see exodus: JPMorgan

Gemini, OKX and Crypto.com experienced “severe” outflows over the past week while a declining stablecoin market shows an investor exodus, according to analysts at JPMorgan Chase. Exc...