OKX Exchange plans to compensate users after a 48% flash crash in its token (OKB), wiping out $6.5 billion. The crash, linked to GBTC's Bitcoin sale and FTX's large GBTC ETF shares liquidation, highlights market volatility. OKX, focusing on regulatory compliance, faces challenges in the ever-fluctuating cryptocurrency landscape.
Cheng Yuan
JinseFinanceThe decentralized finance (DeFi) sector recorded massive losses in 2022.
BitcoinistHuobi Token briefly tanked below $0.40. HT managed to recover, but is still down 20% on the day.
BeincryptoThe popular DEX said Monday that it had closed its lending protocol QuickSwap Lend.
OthersOn Sunday, the multichain decentralized exchange aggregator Transit Swap suffered an exploit resulting in $23 million losses.
BitcoinistOvernight, $21 million was taken from multi-chain DEX Transit Swap.
OthersVICTORIA, Seychelles, Aug. 23, 2022 (GLOBE NEWSWIRE) -- OKX, the world-leading cryptocurrency platform, has issued business updates for the week of August 23, 2022: OKX Earn launches Smart Gain ...
GlobenewswireMega World is a metaverse with real economics built on top of the popular Web3 city builder game MCP3D running ...
BitcoinistAirdrop hunters flocked to the MetaMask Swap and Polygon networks in an attempt to qualify for a possible token distribution from the popular cryptocurrency wallet provider.
Cointelegraph