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Category: Crypto Exchange

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OKX CEO Offers 10 BTC To Prove ‘Backdoor’ Allegation – Details

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OKX CEO Star Xu has offered a bounty of 10 BTC for users to provide evidence on an alleged backdoor in the exchange’s DeFi wallet. This development comes after the Seychelles-based exchange recently launched DEX trading for users.  Related Reading: Crypto CEO Sentenced To 5 Years For $9M Ponzi Scheme, DOJ Confirms Prove Backdoor Existence, […]
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MEXC Sees Massive Exchange Withdrawals After User Funds Freeze Incident – Details

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Cryptocurrency exchange MEXC saw increased activity on its platform on Friday, October 31st, with several users seemingly moving their assets away. These massive withdrawals coincided with the exchange’s chief strategy officer’s public apology for mishandling a situation with a user with the pseudonym The White Whale. Earlier in July, The White Whale claimed that MEXC […]