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Crypto exchange OKX announced delist ing of over 30 trading pairs that failed to meet its listing criteria. OKX has revealed plans to delist various trading pairs that no longer meet its listing standards. The move is part of OKX’s ongoing effort to ensure a strong user trading environment. OKX, the second largest offshore crypto exchange, announced the delisting of several spot trading pairs that do not fulfill listing criteria: HEGIC-USDT, MDA-USDT, API3-ETH, API3-USDC, AVAX-ETH, BAT-BTC, BAT-USDC, DGB-BTC, EGLD-BTC, ENS-BTC; ETC-ETH, ETC-OKB, ETHW-BTC, FLOW-BTC,… — Wu Blockchain (@WuBlockchain) September 13, 2023 Impacted OKX trading pairs Notably, the exchange delists pairs connected to high-profile projects like AVAX-ETH, BAT-BTC, and HEGIC-USDT, among others. OKX recommends that traders cancel their existing orders tied to these pairs before the scheduled delisting dates to avoid automatic cancellation by the system, which may take one to three business days ...

U.S. stock markets hit year-to-date highs, the Fed pauses rate hikes, Binance.US and the SEC reach an agreement, but data shows Bitcoin bulls remain somewhat skittish. After a momentary retest of the $25,000 support on June 15, Bitcoin (BTC) gained 6.5% as bulls successfully defended the $26,300 level. Despite this, the general sentiment remains slightly bearish as the cryptocurrency has declined by 12.7% in two months. The dismissal of Binance.US's temporary restraining order by United States district court Judge Amy Berman Jackson is somewhat related to investors’ sentiment improving. On June 16, the exchange reportedly reached an agreement with the U.S. Securities and Exchange Commission (SEC), avoiding the freeze of its assets. On a longer timeframe, the global regulatory environment has been extremely harmful to cryptocurrency prices. Besides the SEC trying to unilaterally label exactly which altcoins it views as securities and litigating with the two leading global exchanges...

Lennix Lai, managing director of Global Institutional at OKX spoke with Cointelegraph about what it means to be transparent in a post-FTX and SVB crypto industry. 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.  According to the latest edition, OKX holds $8.9 billion across Bitcoin (BTC), Ethereum (ETH) and the Tether stablecoin (USDT). This puts the reserve ratios of BTC, ETH and USDT at 103%, 103% and 102%, respectively. This latest release also comes as the exchange upgraded its PoR system with more transparency by making full liabilities (i.e. the total balance of user deposits) publicly accessible. Cointelegraph spoke with Lennix Lai, the managing director of Global Institutional at OKX, regarding these extra steps towards transparency. Lai said that recent events in industry highlight that, “crypto-native challenges require cry...