Binance Futures Surge 80% in June as Spot Markets Hit Two-Year Low
Binance reportedly saw a significant increase in futures trading volume last month, with figures suggesting an 80% jump from May’s volume and marking a high point for the year. This increase occurred while crypto spot markets were running at their…
OKX AI unveils marketplace for agents to find work and get paid in stablecoins
“Think Upwork for Agents with our fintech infrastructure and 150M scale in the background,” an OKX rep said.
Ripple MiCA Approval Boosts RLUSD, Leaves XRP at $1.10 Support
Ripple has secured preliminary Crypto Asset Service Provider approval from the Luxembourg CSSF under the EU’s MiCA regulation, and XRP dropped 3% on the news. The token is trading at $1.10, down 5% over 24 hours, with the crypto market providing no…
OKX Europe chief says 80% of crypto exchanges won't survive MiCA as deadline nears
OKX Europe CEO Ghoos said 80% of exchanges won't survive MiCA as ESMA forces unlicensed firms to cease EU operations by July 1.
Intercontinental Exchange, OKX expand access to tokenized equities via joint venture co-chaired by former Gov. Cuomo
The new joint venture will enable OKX customers in the US and internationally to access ICE futures and NYSE tokenized equities markets.
ICE and OKX Form Joint Venture to Connect NYSE Infrastructure With 120 Million Crypto Users
Bitcoin Magazine ICE and OKX Form Joint Venture to Connect NYSE Infrastructure With 120 Million Crypto Users Intercontinental Exchange and OKX announced Monday the formation of a 50/50 joint venture designed to bridge regulated traditional market…
Cobie Denies $6.58M LDO ‘Dump’: It Was Wintermute
Cobie publicly denied dumping $6.58M worth of LDO tokens. The wallets flagged by on-chain tracking platform Lookonchain belonged to Wintermute, one of crypto’s largest market makers, not to the Lido DAO co-founder. The incident is a clean case…
Bitcoin Slumps to $71,500 as Geopolitical Tensions Trigger $400M+ in Liquidations
In Bitcoin news today, BTC crashed from $73,500 to a low of $71,500 on June 1 after news of US-Iran strikes hit the wires, triggering a violent risk-off flush across crypto derivatives markets. More than $400M in leveraged long positions were liquidated…
OKX will change how it collects funding fees for its remaining group of perpetual futures
OKX, one of the leading cryptocurrency exchanges in the world, has announced a major update to its funding fee collection mechanism for the remaining group of perpetual futures. Starting from January 22, 2024, the funding fee will be collected at the end…