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Bitcoin is spiking higher once again as buyers continue to rush in.
Decentralized finance (DeFi) has seen parabolic growth since the start of 2020, with the total value locked in these contracts, largely based on Ethereum, rising from $1 billion to $12 billion now.
The crypto industry was struck with another unexpected development last night that sent shockwaves throughout the market and caused Bitcoin’s price to reel lower.
Cryptocurrency exchange OKEx has suspended withdrawals from its platform indefinitely, as one of its multisig key holders has been held in police custody.
Three major crypto exchanges listed Aragon’s ANT tokens yesterday, causing an immediate price bump and frantic Google searches for what the protocol does.
The huge crypto crash that took place on Sunday could have been much worse if it weren’t for OKEx’s risk engine.
Three of the largest cryptocurrency exchanges listed Dogecoin earlier today after the meme-currency jumped 50 percent in two days.
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.