Breaking: Arbitrum’s (ARB) Price Plummets by 90% From IOU Value Amid Mass Sell-Off
The long-awaited Arbitrum’s native token, ARB, finally made its debut on the crypto market today, albeit with several hiccups and hurdles along the way. The price of Arbitrum (ARB) experienced a decline of roughly 90% from its IOU value and currently trades near the $1 range. According to data published by Nansen analytics, only 16% of the ARB airdrop has been claimed so far at the time of writing.
OKX Latest Proof-of-Reserves Reveal $8.9B in Assets
The global cryptocurrency exchange OKX released its fifth edition of its proof-of-reserves (PoR) report, which it began releasing in Nov. 2022 in its effort for more transparency in the industry.
Stader and OKX Partner to Bring Web3 Wallet Access to the Masses
Through the partnership, users can take advantage of seamless entry into the Web3 ecosystem and participate in DeFi conveniently and safely
OKX To Cease Operations in Canada by June 22 2023
On Mar. 20, cryptocurrency exchange OKX informed Canadian users via email the firm "will no longer provide services or allow users to open new accounts in Canada starting on Mar. 24, 2023, 12:00 AM EST," citing "new regulations." According to OKX, existing Canadian customers must close open positions in options, margins, perpetual, and futures by June 22, 2023. Fiat or tokens must also be withdrawn by the said date.
OKX Witnesses Temporary Outage, Second in 3 Months
Crypto exchange OKX revealed experiencing an outage on March 17th due to intermittent issues with its servers.
OKX and Benqi Partner To Boost Access to Web3 Ecosystem
The integration will support DeFi adoption and promote self-sovereignty on the Avalanche network.
Unstoppable Domains & OKX Web3 Wallet Cooperation
For the Dapp store, through the OKX Discover Portal, OKX also provides insight and access to 10,000+ third-party DApps, including crypto games, which are fun and exciting video games that use blockchain technology and are fueled by Digital Assets.
ZKSpace & OKX Web3 Wallet Cooperation
ZKSpace is a full-featured Layer 2 protocol based on ZK-Rollups technology.
Okcoin Suspends USD Deposits in Wake of Signature Bank Closure
According to a March 13 tweet by Okcoin CEO Hong Fang, the U.S. affiliate of cryptocurrency exchange OKX had no exposure to defunct U.S. tech bank Silicon Valley Bank (SVB). However, Fong stated that Okcoin’s U.S. dollar wire and ACH deposits have been “immediately paused” due to the regulatory intervention in Signature Bank, Okcoin’s primary partner for customer transactions in dollars.
OKX-Affiliated OKCoin Pauses USD On-Ramp Due to Signature Bank’s Collapse
OKCoin has temporarily lost the ability to allow customers to deposit USD because of Signature bank’s collapse, according to a tweet by its CEO.