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BREAKING: #OKX Launches #Crypto Powerhouse in Brazil: Staking Rewards and DeFi Magic!"

🔵OKX, the second-largest offshore exchange, expands into Brazil.

🔵Launches a #cryptocurrency exchange and Web3 wallet platform in the country.

🔵Offers attractive features including staking rewards.

🔵Integrates seamlessly with decentralized finance (#DeFi) services.

Read More: https://www.prnewswire.com/in/news-releases/okx-officially-launches-crypto-exchange-and-web3-wallet-in-brazil-301997643.html
Many centralised #crypto exchanges have published their reserves to increase transparency.

#Binance leads top crypto #exchanges with $75.06B in reserves, reflecting its significant market presence and trust, followed by #Bitfinex, #OKX, and others.



#Coinpedia #PoR
Unveiling the giants of the crypto arena!

Binance leads the pack with a staggering $18.3 billion in trading volume, while OKX edges into the top 5. Diving deep into the numbers reveals the pulse of the market.

What's your go-to exchange?



#CryptoExchnage #Binance #Coinbase #Kraken #KuCoin #OKX #CoinPedia
Top #CryptoNews In Last 12 Hours


1️⃣ #Bitcoin spot ETFs saw $146M inflow for 9 days. #Grayscale had $80.78M outflow, while other #ETFs gained $226M. Fidelity gained $130M.

2️⃣Hong Kong proposes legislative consultation on #cryptocurrency and fiat currency swaps, License required from the Commissioner of Customs, anti-money laundering supervision, transitional arrangements.

3️⃣ #Binance Launchpool introduces Pixels (PIXEL) game on #Ronin Network. Users can farm PIXEL tokens by staking BNB and FDUSD.

4️⃣ Hong Kong SFC updates crypto exchange license: adds bitV, YAX, Bullish. 16 total applicants; Ammbr, BitHarbour, Meex applications returned.

5️⃣ #OKX launches exchange and Web3 wallet in Argentina, supporting Spanish and local payment methods. President Hong Fang emphasizes regional growth strategy.

6️⃣ Justin Sun transferred $258M worth of stETH to EigenLayer 11 hours ago. His address still holds $301M worth of WSTETH.

7️⃣ SEC's Hester Peirce advocates for a #crypto innovation-friendly safe harbor, proposing a three-year grace period for development teams to participate and create a #decentralized network.

#Crypto #Blockchain
🔵Top #CryptoNews of This Week #Cryptocurrency


1️⃣ #Solana network experienced a 52+ minute outage, halting transactions and affecting smart contracts and projects.

2️⃣ #MicroStrategy boosted #Bitcoin holdings by 31,755 in Q4 2023, reaching a total of 190,000. Revenue dipped 6.1%, but remained profitable.

3️⃣ US SEC introduced rules for #DeFi liquidity providers. DeFi Education Fund criticized. SEC Chair defended changes, emphasizing investor protection.

4️⃣ South Korea enforced new #regulations on #crypto to curb illegal activities, aiming to safeguard assets and protect consumer interests.

5️⃣South Korea investigated #OKX for operating without registration. Crackdown aimed to foster safe, regulated #cryptomarket with stricter enforcement.

6️⃣ #Ethereum prepared for #Dencun upgrade, set for March 13. Expected to improve performance, scalability, could affect $ETH prices.

7️⃣ #Ripple's CTO David Schwartz, in an interview with Tony Edward, founder of Thinking Crypto, suggests a "reasonable chance" of SEC vs Ripple case conclusion this year raising community hopes.

8️⃣ #Hacken discovered a connection between the Ripple chairman's hack and the XRP official wallet. 213 million XRP ($112.5m) was stolen, suggesting someone from inside was involved.

9️⃣ Former #FTX CEO, Sam Bankman-Fried, ordered to appear in court by US Judge Lewis Kaplan on February 21, 2024.

🔟 #Grayscale, a major digital asset management firm, reportedly sold $41 million worth of Bitcoin amid #Bitcoin's price surge.
Top #CryptoNews in The Last Week

1️⃣ #FED kept Interest rates at 5.25%-5.50% for the 5th time. Predicted 2.6% core PCE inflation by 2024

2️⃣ #Bitcoin spot #ETFs saw four days of outflows. #Grayscale's GBTC had $358M outflow. BlackRock's IBIT had $233M inflow

3️⃣ SEC investigates #Ethereum transition to POS. Legal action pursued to classify Ethereum as security

4️⃣ #BlackRock launches tokenized asset fund on Ethereum.Fund backed by cash, bonds, distributed via #blockchain

5️⃣ Nigerian court orders #Binance to disclose user data to EFCC.Binance compliance chief detained in Nigeria

6️⃣ #OKX stops services in India due to regulations. Users asked to withdraw funds by April 30th

7️⃣ Do Kwon faces legal hurdles Montenegrin court orders house arrest, travel restrictions.Extradition halted

8️⃣ #MicroStrategy surpasses U.S. & China in #Bitcoin holdings,now owning 1% of total Bitcoin (#BTC)

9️⃣ SEC files opening remedies brief against #Ripple, documents currently sealed, to be redacted & released by March 26.
📊 Top 5 #Crypto Exchanges by Trading Volume! 🚀💰

1️⃣ #Binance: $14,455,213,259.79
2️⃣ #Coinbase: $1,943,335,963.46
3️⃣ #OKX: $2,042,986,965.06
4️⃣ #Bybit: $4,209,395,735.01
5️⃣ #Upbit: $920,690,331.03

These exchanges are dominating the crypto market with massive trading volumes. Which one is your favourite?

Let us know in the comments.
Top #CryptoNews in Past 12 Hours

1️⃣
#OKX Jumpstart launched Matr1x (MAX), allowing $BTC or $ETH staking to mine tokens.

2️⃣On July 23,
#BitcoinETFs saw $77.97M outflow after 12 days' inflow.

3️⃣The first day of 9 spot
#ETHETFs had $107 million inflow.

4️⃣
#MtGox transferred 2,237 BTC to Bitstamp and 2,869 BTC to unmarked address.

5️⃣Unbound Fund announced a path to Portuguese/EU citizenship via €500,000 in Bitcoin.

6️⃣JD, a major Chinese e-commerce group, will issue Hong Kong dollar stablecoin on public blockchain. JD ranked first in the sandbox list of three stablecoin issuers.

7️⃣Ferrari announced on July 24 that it would expand its
#crypto payment system to its European dealer network by the end of July.

8️⃣
#Kraken faced backlash as Mt. Gox creditors claimed they hadn't received Bitcoin repayments and blamed Kraken.

9️⃣South Korea's Financial Supervisory Service summoned top five crypto exchanges over deposit fee hikes and new regulations.
Top #CryptoNews in Past 12 Hours

1️⃣
#Coinbase added #ZetaChain and Across Protocol to its listing roadmap.

2️⃣
#Alameda sent 205.38k WLD to Binance, marking their first CEX transfer.

3️⃣
#OKX closed accounts linked to Tornado Cash, enforcing strict sanctions compliance.

4️⃣
#Tether plans to double its staff to 200 in the next year, enhancing compliance and monitoring illegal activities.

5️⃣ On August 8,
#Bitcoin spot ETFs saw $193M inflow, despite Grayscale's $183M outflow.

6️⃣ On August 8,
#Ethereum spot ETFs saw a $2.8737M net outflow overall.

7️⃣
#Grayscale Research anticipated Bitcoin's rebound to all-time highs if recession is avoided.

8️⃣ Turkey revealed 47 crypto companies seeking licenses, including Bitfinex and
#Binance TR.

9️⃣On Aug. 9, 32,000
$BTC options and 206,000 $ETH options were set to expire.
Top #CryptoNews of This Week

1️⃣ Putin signed a law legalizing
#cryptomining in Russia, effective ten days after publication

2️⃣ On August 5, the global market crash led to $1.022B in
#crypto liquidations

3️⃣
#Crypto executives spoke with the White House as Democrats launched the “Crypto for Harris” campaign

4️⃣ BoJ Deputy Governor Uchida stated no rate hikes amid
#financial market instability, yen dropped

5️⃣ U.S. Judge fined
#Ripple $125M for securities law violations, reducing SEC's demand significantly

6️⃣ U.S. Judge approved a $12.7B settlement between
#FTX and #CFTC, resolving the lawsuit.

7️⃣ Paris Olympic venues and French museum shops were hit by cyberattacks demanding
#cryptocurrency ransoms.

8️⃣ Plustoken transferred over $450 million in ETH, with stolen funds now worth $1.9 billion.

9️⃣
#BitcoinETF options might launch in Q4; BlackRock applied for Ethereum Spot ETF options.

🔟
#OKX announced account terminations for users interacting with #TornadoCash or sanctioned entities.
Spot vs. Derivatives: A Combined Market Share Overview for August 2024

🔹The #Crypto giant #Binance holds a commanding 38.7% of the combined spot and derivative #CEX market, outpacing all competitors.

🔹#Bybit has set new records, with its spot market share at 9.89% and derivatives at 15.9%, matching #BNB's achievements.

🔹With a 13.3% market share, #OKX solidifies its place as a major player in the CEX space.

Source:
@CCData_io


#CoinPedia #cryptomarket #Blockchain #cryptocurrency
Binance Surpasses $100 Trillion

➡️
#Binance becomes the first centralized exchange (#CEX) to exceed $100 trillion in total trading volume across spot and derivatives markets.

➡️ With a 316% lead over
#OKX's $24 trillion, #BNB strengthens its dominance in #cryptotrading.

#CoinPedia #Crypto #Blockchain
🚨 Just in: As #Bybit, #OKX, and #DEX platforms grow, Binance and http://Crypto.com are experiencing a decline in market share.

#CoinPedia #CryptoNews #Blockchain #Binance
🚨Breaking: OKX partners with Standard Chartered as a third-party custodian to enhance its services for institutional clients.

#CoinPedia #CryptoNews #Blockchain #OKX
Top CEX Apps in October

➡️
#Binance leads with 4M downloads, followed by #OKX (2.2M) and #Bitget (1.9M).

➡️ Exchanges like Bybit (1.7M), KuCoin (801K), and
http://Crypto.com (638K) also show solid growth, reflecting strong market competition.

#CoinPedia #CryptoNews #Blockchain