Malta attracts yet another cryptocurrency exchange—OKEx
Hot on the heels of Binance declaring that it is coming to Malta, cryptocurrency exchange OKEx confirmed that it's also setting its sights on the Mediterranean Island.
Hot on the heels of Binance declaring that it is coming to Malta, cryptocurrency exchange OKEx confirmed that it's also setting its sights on the Mediterranean Island.
The exchange will soon start a “fiat-to-crypto exchange” on the European island nation and is close to securing a deal with local banks that can provide access to deposits and withdrawals.
The warning supposedly came as a result of Binance operating in Japan without a license, and was announced following the March 7 hack of the exchange.
The exchange is giving a reward for the first person to provide substantial information leading to the arrest of the hackers.
After reaching nearly $20,000 in December, BTC has now lost about 50% of its value--dropping to $9,000 level at the time of writing.
Binance CEO says “all funds are safe,” and that the hackers actually lost funds of their own.
The FUD includes speculations that the exchange wasn't able to fully contain the DDoS damage on their globally distributed servers.
Coinbase reported a staggering 100,000 signups within 24 hours in November last year.