OKBUSDT OKX completed its 27th OKB token burn on March 14, burning 31,158,862 OKB worth $1.32 billion—a record high in both quantity and total value. So far, OKB has cumulatively burned 171 million tokens, leaving 129 million in circulation, for a 57.10% burn ratio. OKX previously stated that its burns are determined by seasonal market conditions and operational performance.
BTCUSDT European crypto regulators are investigating OKX's Web3 service, which hackers used to launder $100 million in crypto stolen from Bybit, and are discussing potential penalties under the EU's MiCA regulations. OKX responsed: Like all other major crypto exchanges, OKX provides a self-custody wallet service/swap feature that serves as an aggregator to create efficiency for the users. OKX is not being investigated. We developed a new feature to detect/block hackers' addresses from using our DEX or wallet services.
BTCUSDT OKX founder Star said that he has known many Crypto funds in the industry for more than ten years, but none of them has earned more than Bitcoin. He believes that the scale of the entire Crypto industry will grow by 100 times. OKX will launch a secret business line in February. He said he had received a lot of feedback that OKB did not have enough use cases and that its listings were not good enough.
OKBUSDT The second largest offshore exchange OKX announced the 25th proof of asset reserves (snapshot date November 13). User BTC assets increased by 1.87% compared to October 8, ETH assets increased by 7.90%, and USDT assets increased by 15.37%. OKX's current reserve assets are $26.611 billion, an increase of $1.883 billion in the past month
OKBUSDTOKBUSD 👉 Idea: OKB Bulls Taking the Lead – Ey… 👈 The price has broken above the previous resistance at 40.00, now acting as strong support, indicating short-term bullish control. The daily timeframe shows bullish alignment in the Trend and Ribbon, targeting 48.50 for the next move. Holding above 40.00 is crucial to maintain momentum; a break below could lead to a drop towards 37.00, the next support level. A breakout above 48.50 would confirm a stronger bullish trend reversal, while failing to hold 40.00 could signal a pullback or continuation of the larger bearish trend. tradingview.com/x/c2qn5eOH/
OKBUSDT OKX conducted the 22nd OKB repurchase and burning on December 14. The number of OKB was approximately 10.53 million, equivalent to approximately $630 million, once again setting a new high. OKX previously stated that it would be burned based on market and operational performance, without disclosing specific rules