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The huge crypto crash that took place on Sunday could have been much worse if it weren’t for OKEx’s risk engine.
OKEx has come a long way.
OKEx announced the launch of its own blockchain and a decentralized exchange.
While Bitcoin’s drop below $8,000 caused a stir in the market, OKEx says the downfall will most likely be short-lived.
OKEx launched an initiative to develop a global compliance standard for cryptocurrency exchanges.
Malta-based cryptocurrency exchange OKEx launched a cryptocurrency-focused Bitcoin Perpetual Swap product on December 3, 2018, during a press conference attended by CryptoSlate.
In a recent controversy brought to light by Amber AI, Hong Kong-based cryptocurrency exchange OKEx has been allegedly engaging in “market manipulation and fraud,” impacting $400 million in trades.
OKEx, the second biggest crypto exchange by daily trading volume, officially announced the decision to engage in a forced liquidation to settle a massive long contract.
The tiny Mediterranean island of Malta is fast becoming a mecca for the blockchain industry. Just three weeks after Binance announced their intention to set up an operational base in Malta, the world’s second-largest crypto exchange, OKEx, has said that it intends to expand operations to the island.