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OKX CEO Star Xu just roasted CZ's first Binance hack interview Xu says the talking tokens episode made him sick, calling it misleading and accusing CZ of downplaying his own responsibility while trashing banks to cover for the failure his takes: - CZ keeps saying "i don't run Binance" while being the loudest Binance voice of the whole crisis - somehow found time to argue with Elon about SpaceX - leans on "only 2% of funds gone" like that answers the security question - marketing for fresh deposits never stopped - comparing exchanges to banks is irresponsible, different threat models, attack surfaces and consequences - "left a pregnant woman on the front line", a shot at co-CEO Yi He CZ's pitch on the podcast was that AI is speeding up hacks so you fight it with AI ("the only way to beat the monster is to become one"), plus an industry security alliance with cross-audits and fast freezes Best part is Xu wrapping the whole dunk with a call to build security standards together "even with competitors" Right after attaching halloween costumes clowning Binance's "multi-layered defense" by the way, this one was diabolical Is Star Xu actually cooking here or what?
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OKX on iPhone Duo. Name a better setup. We'll wait.
OKX, the exchange with over 120 million customers, has brought Ethena's $4.58B USDe to its X Layer network and OKX Wallet. It is the first time OKX Wallet users can access Ethena's products, starting with Aave v3 on X Layer. @ethena
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OKX is expanding euro-native trading with EURC. Through @okx’s unified EUR orderbook, users can convert EUR to EURC 1:1, access EURC trading pairs, and manage activity in euro terms. Another step toward making EURC more useful across Europe’s crypto ecosystem.
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.@okx added Circle, Ripple, QRT and SC Ventures as investors at an unchanged $25B pre-money valuation. The amount raised was not disclosed. Its new Money app targets stablecoin payments, with features varying by market and eligibility.
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OKX Applies to SEC to Launch Tokenized U.S. Stock Trading Platform According to Bloomberg, OKX has filed with the U.S. Securities and Exchange Commission (SEC) to launch a tokenized stock trading platform. OKXICE LLC, a joint venture between OKX and Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, plans to seek approval to offer tokenized shares of an initial 63 NYSE-listed companies, with issuers given 30 days before trading begins to opt out. Last month, the SEC cleared the way for blockchain-based securities to trade in the U.S. under a temporary exemption framework. The digital assets must include full shareholder benefits, including dividends and voting rights. The OKXICE platform’s launch depends on the completion of the 30-day opt-out period and other requirements.
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OKX filed with the SEC on Sunday to launch a tokenized-stock trading platform, making it one of the first major crypto exchanges to take advantage of new US rules allowing digital versions of public-company shares to trade on crypto venues
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OKX CEO Star: OKX May Terminate Services for Accounts Confirmed to Be Involved in High-Risk or Illegal Activities In response to a user whose transfer from a sports betting platform to OKX triggered a risk-control review, OKX CEO Star Xu said deposits from high-risk addresses may trigger stricter anti-money laundering (AML) and risk-control checks. Depending on the circumstances, such reviews may last 15 days or longer, during which some account functions and funds may be restricted. For accounts confirmed to be involved in high-risk or illegal activities, OKX may terminate services directly. Star specifically noted that funds obtained through channels including, but not limited to, escrowed transactions in Telegram groups, Huiwang and its variants may pose significant compliance risks regarding source of funds, and reminded users not to use OKX accounts for money laundering, fraud, illicit fund transfers or other illegal activities.
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OKX isn’t just for crypto anymore. TradFi X-Perp volume: $1.4M → $236M/week in under 3 months. TradFi share: 0.6% → 15.3% Latest week: • Equities: $181M • Metals: $37.8M • Commodities: $17.5M Eligible European users can trade these markets too. Try @okx via my referral link:
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OKX New user bonus: Get up to $500 in BTC: #partner#