Latest news with #OKX
Crypto Insight
3 hours ago
- Business
- Crypto Insight
OKX brings DEX aggregator to MetaMask with Consensys partnership
OKX has partnered with Ethereum software firm Consensys to launch its decentralized exchange (DEX) aggregator on MetaMask, offering users faster trade execution and reduced slippage. The collaboration integrates OKX's DEX API with MetaMask, giving the wallet's user base access to liquidity from over 500 DEXs across 25 blockchains, the exchange said in a news release shared with Cointelegraph. 'MetaMask's ambitious multichain strategy toward becoming a universal wallet for the Web3 ecosystem aligns with the connected blockchain ecosystem we're helping to build,' said Jeff Ren, founder of OKX Ventures. Ren added that the OKX DEX aggregator connects MetaMask users to over 500 liquidity sources with execution speeds under 100 milliseconds. 'We share a vision of a more accessible blockchain ecosystem where technical barriers disappear.' OKX Wallet adopts MEV protection As part of the deal, OKX Wallet has also adopted Consensys' SERVO, a solution designed to defend users against maximum extractable value (MEV) attacks. The integration is the first time Consensys has partnered externally to embed SERVO into a third-party wallet. 'MEV remains a complex challenge,' said Jason Linehan, chief strategy officer at Consensys. 'OKX's integration of Consensys SERVO reflects a strong commitment to user safety and protocol-aligned innovation.' The partnership comes at a time when onchain trading is reaching execution parity in price and speed with centralized exchanges, Ren said. He added that DEX to CEX volume ratios continue to climb, indicating increased interest in decentralized trading avenues. Looking forward, Ren said the future of trading will rely on a diverse ecosystem where DEX aggregators, specialized decentralized exchanges, and centralized platforms coexist to support seamless asset movement and reduce liquidity concentration. OKX adds new safeguards after DEX misuse In March, OKX temporarily suspended its DEX aggregator after detecting an attempted misuse by North Korea's Lazarus Group. The suspension came amid reports that EU regulators were investigating OKX Web3 and its wallet services for allegedly facilitating money laundering from the $1.5 billion Bybit hack. In response, the firm has rolled out new safeguards, including real-time blocking of suspicious addresses and warning alerts for potentially dangerous transactions, Ren said. Audits from CertiK, Hacken and SlowMist, plus an ongoing bug bounty program, backed these measures. Source:
Time Business News
3 hours ago
- Business
- Time Business News
FastKYCVerify vs Other KYC Sellers – Who's the Best in 2025?
In 2025, the demand for KYC verified crypto accounts has exploded. With stricter KYC policies and increasing wait times on platforms like OKX, Paxful, Bybit, and traders are turning to third-party sellers for instant access. But with so many KYC sellers out there — some legit, others shady — it's tough to know who to trust. That's why we're comparing the top KYC providers to help you figure out who's really the best option this year. And spoiler: continues to stand out. Let's break it down. Before comparing sellers, here's what most traders care about: ✅ Instant delivery ✅ Clean, private KYC accounts (not recycled) ✅ Trusted for platforms like OKX and Paxful ✅ Responsive customer support ✅ Fair pricing with no scams or delays FastKYCVerify has earned a reputation for being fast, transparent, and reliable. Here's what makes them the go-to choice: Time is money in crypto. Whether you need a KYC Verified OKX Account or a KYC Verified Paxful Account, FastKYCVerify delivers credentials within 5–10 minutes, no waiting around. 'I needed a KYC-verified OKX account for trading bots. Got it in 6 minutes. Worked perfectly.' — Karan D., India FastKYCVerify offers real-time customer service through: No 'seen and ignored.' Real people. Real help. Unlike other sellers who only offer Binance or FastKYCVerify covers: ✅ KYC Verified OKX Account ✅ KYC Verified Paxful Account ✅ Bybit ✅ ✅ Bitget and more So whether you're flipping tokens or managing bots across platforms, they've got you covered. Each account is: 🔒 Fully verified 🔄 Not reused 🚫 Not linked to other users 💡 Delivered with optional email access (if requested) 'I've been using my Paxful account from them for 3 months without a single issue. Clean account, never flagged.' — Sarah K., UAE Unlike Telegram sellers who ghost after delivery, FastKYCVerify stands by their service. If you face a login issue, they'll replace your account — no drama. Feature FastKYCVerify Random Telegram Seller Unknown Forum Seller Instant Delivery ✅ Yes (5–10 mins) ❌ Hit or miss ❌ May take hours/days Verified OKX & Paxful Accounts ✅ Yes ⚠️ Not always available ❌ Limited availability Support (Telegram, Signal, Email) ✅ 24/7 ❌ Often unresponsive ❌ Usually disappears Clean, Unshared Accounts ✅ Always ❌ Sometimes recycled ❌ Often flagged accounts Replacement Guarantee ✅ Yes ❌ None ❌ None Reputation & Reviews ✅ Trusted by traders ❌ Unknown ❌ Not verified If you're looking for: A KYC Verified OKX Account A KYC Verified Paxful Account Instant access without the KYC wait Clean, private, and secure logins Real support that doesn't vanish Then is easily your best choice in 2025. Thousands of traders have already made the switch — and their 5-star reviews speak for themselves. Trade smarter. Start instantly. Go with the platform that traders actually trust. TIME BUSINESS NEWS
Time of India
13 hours ago
- Business
- Time of India
Cryptocurrency Live News & Updates : Ethereum Reserves Reach 1% Amid Corporate Growth
20 Jun 2025 | 04:00:12 AM IST Anthony Scaramucci, founder of SkyBridge Capital, predicts that Solana (SOL) will eventually surpass Ethereum (ETH) in market capitalization, although he did not specify a timeline. In recent developments, Anthony Scaramucci of SkyBridge Capital has expressed confidence that Solana could outpace Ethereum in market value, reflecting his deep understanding of the cryptocurrency landscape since entering in 2020. Meanwhile, OKB, the utility token of the OKX exchange, has seen a remarkable 13% surge, breaking the $54 mark, driven by whale accumulation and the exchange's U.S. expansion. This surge is notable amid a generally flat market for major cryptocurrencies. Additionally, Elon Musk is working on transforming X into a comprehensive super app that may include investment and trading features, potentially reshaping how users interact with digital assets. In a different realm, Donald Trump's company has reduced its stake in WLFI, which could yield substantial profits, while Mexican billionaire Ricardo Salinas remains bullish on Bitcoin, suggesting it could surpass gold's $16 trillion market value. These narratives highlight the dynamic and evolving nature of the cryptocurrency market, with significant movements and predictions shaping the landscape. Show more
Yahoo
a day ago
- Yahoo
Feds seize $225 million in crypto from crooks who ran giant ‘pig butchering' operation
The Department of Justice on Wednesday asked a court to let the agency seize $225 million from a so-called 'pig butchering' operation—a term that describes scams where con men build up the trust of a victim over time, and then trick them into handing over large amounts of money. The funds, which the crooks held in USDT stablecoins, were laundered through the crypto exchange OKX, according to Justice Department. This is the U.S.'s largest ever seizure of funds tied to crypto confidence schemes, said the agency. While prosecutors didn't name one perpetrator in the complaint, they did say the funds were linked to a 'scam compound' in the Philippines. These locales usually house scores of workers who labor in shifts to lure victims into parting ways with their crypto, like Bitcoin, or cash. Many of these workers are employed by transnational criminal rings and forced to work against their will, according to the United Nations. The DOJ was able to identify more than 430 victims tied to the 144 OKX accounts through which victims' funds were laundered. One of these victims was Shan Hanes, the former CEO of Heartland Tri-State Bank in Kansas. In August 2024, Hanes was sentenced to 24 years in prison for stealing $47 million of his bank's funds to invest in what he thought was a cryptocurrency investment opportunity that turned out to be a scam. 'These schemes harm American victims, costing them billions of dollars every year,' Matthew Galeotti, head of the DOJ's criminal division, said in a statement. Losses from cryptocurrency scams have accelerated in the U.S. over the past five years, according to the most recent annual report on internet crime from the Federal Bureau of Investigation. From 2023 to 2024, the money Americans lost skyrocketed 66% to $9.3 billion and the number of complaints the agency received more than doubled to nearly 150,000, said the government agency. The most common crime linked to cryptocurrencies was extortion, or when bad actors manipulate photos or videos to create explicit content and lure victims into sending crypto. The second most common type was investment fraud, or when criminals promise victims outsized returns if they send them money. This latter category includes Hanes, the former bank CEO. 'He was the pig that was butchered,' wrote his lawyer at the time of his sentencing. 'Mr. Hanes's vulnerability to the Pig Butcher scheme caused him to make some very bad decisions, for which he is truly sorry for causing damage to the bank and loss to the Stockholders.' This story was originally featured on
Finextra
3 days ago
- Business
- Finextra
OKX opens crypto excchanges in Germany and Poland
OKX, a leading global crypto exchange and onchain technology company, today announced the official launch of its fully regulated centralized crypto exchanges in Germany and Poland, reinforcing its strategic expansion across Europe. 0 The launches bring deep liquidity, low fees, and access to over 270 cryptocurrencies—including more than 60 crypto-Euro pairs to users in both countries, all within a secure, compliant, and user-centric framework. To support its regional expansion, OKX has appointed Moritz Putzhammer as General Manager for Central Europe and the Nordics, and Gabriel Manduca as General Manager for Eastern EU. Both leaders bring extensive experience in centralized and decentralized finance (CeFi and DeFi) and will be responsible for driving growth, local operations, and regulatory engagement in their respective regions. 'Launching fully regulated platforms in Germany and Poland represents a major advancement in OKX's European expansion strategy,' said Erald Ghoos, CEO of OKX Europe. 'Germany and Poland are key growth markets in the EU, and our license allows us to tailor our products and services to meet the specific needs of users in each country, delivering greater value, enhanced security, and more efficient access to customers. With experienced leaders like Moritz and Gabriel driving our regional operations, we're well-positioned to accelerate adoption by providing advanced trading tools, deep liquidity, and a strong commitment to transparency and compliance.' Users in both Germany and Poland can now access OKX's fully regulated, localized platforms offering spot trading, staking, automated trading bots, and a wide range of advanced features. The platforms support seamless Euro deposits and withdrawals, making it easier than ever to access crypto markets. In addition, customers benefit from a fully localized experience across the website, app, and customer support, along with intuitive tools like simplified buy/sell options, designed to make crypto more accessible for all. Earn products, automated trading bots, and a roadmap of localized features designed specifically for European users are also available in both markets. The platforms aim to meet the needs of both retail and institutional customers, offering a competitive edge through product depth, regulatory integrity, and market responsiveness. To celebrate the launches, OKX hosted exclusive events in Berlin and Warsaw, including the premiere of Mild Mild West, a short film that reimagines outdated perceptions of crypto as the 'wild west' and underscores the industry's ongoing shift toward regulation and trust. OKX continues to lead the industry in transparency with 31 consecutive monthly Proof of Reserves reports and holds MiCA licensing in Europe, being among the first global exchanges to meet the region's evolving regulatory standards. With its expanding footprint, OKX is set to become a dominant force in the European crypto market, offering unparalleled access, reliability, and innovation across the continent.
