OKEx Launches a ‘Timeless’ Bitcoin Derivatives Product

On Monday, Malta-based Crypto Exchange, OKEx, launched a product which it says, ‘perfects’ its derivatives product suite. The ‘Perpetual Swap’ is a peer-to-peer virtual derivative with no expiry date, and daily settlement. Letter Swap In a fancy South Korean hotel ballroom, rife with media and guests shipped in from around the world, OKEx excitedly launched […]

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House of Cards? Trade Volume of Big Exchanges Questioned

Amid market turbulence and general cryptocurrency uncertainty, some speculate fast-growing exchanges may be manipulating — or outright lying about — their trade volumes. Questions about inflated exchange volume have long plagued the cryptocurrency world. Outcry is now intensifying as once-unknown exchanges are enjoying seemingly smashing success in the midst of market slowdowns and uncertainty. Reporters from […]

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Crypto Exchanges Turn to Dubious Tactics to Offset 80% Volume Plunge

With trading volumes a whopping 80% lower than their January peak, some of the biggest trading exchanges are implementing controversial practices to stay profitable.  Exchange Listing Fees:  Pay to Play From the ‘stick’ of listing fees to encouraging ‘carrots’, the crypto exchanges are finding ways to get their money. Exchanges such as Binance (the world’s largest […]

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OKEx Clawback Debacle Helps Case for a Regulated Bitcoin ETF

The OKEx debacle shows us that exchanges are dropping the ball when it comes to preventative risk management, helping the case for regulated Bitcoin futures and exchange-traded funds (ETF).  Ask for forgiveness later, not permission now. This seems the defining mantra for most cryptocurrency exchanges. Hong Kong-based Bitcoin exchange, OKEx, is no exception to the […]

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Malta Marches To Crypto Dominance With New Joint Exchange From OKEx

The Maltese Stock Exchange (MSX) has signed a Memorandum of Understanding (MoU) with Chinese cryptocurrency exchange OKEx to create a joint new regulated exchange. Regulated Exchange In Planning A press release issued July 19 confirms the move, which envisions a three-way deal between MSX, OKEx and German Blockchain platform Neufund. The new exchange, dubbed OKMSX, […]

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Bitcoin Cash (BCH) Market Closing on OKEX Due to Lack of Liquidity

Adam James · March 29, 2018 · 4:00 pm OKEX plans to shut down its Bitcoin Cash (BCH) market, as the floundering cryptocurrency struggles to keep up with Bitcoin’s Segwit. Lacking Liquidity In an announcement on the digital asset trading platform’s official website, OKEX is set to close its Bitcoin Cash (BCH) Market in token trading […]

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