Blockchain News, Latest News

Bitfinex Lists 2 Tokens From OKEx Exchange – Utility Token ‘OKB’ & Stablecoin ‘USDK’.

In line with a recent ‘press-release‘ published, renowned cryptocurrency exchange ‘Bitfinex’ is listing two tokens from the OKEx exchange: its native utility token ‘OKB’ along with the stablecoin ‘USDK’.

Bitfinex will be offering trading pairs with the new tokens along with other significant fiat & digital currencies like USD, Bitcoin [BTC], Eos [EOS], Tether [USDT] and Ethereum [ETH].

The native utility token OKB is drafted to let OKEx users perform several of functions on the exchange, as well as settlement of trading fees, the ability to form a partner exchange, and subscription for tokens on OK Jumpstart – one among the OKEx’s token ‘sale‘ platforms.

Andy Cheung – Head of Operations at OKEx commented within an official Twitter ‘post‘ that OKEx plans to partner with additional exchanges within the mere future:

“… Listing $OKB on @Bitfinex is barely the very first step, we will continue to work with other exchanges to expand our systems.”

OKB is presently an ERC-20 that run on the Ethereum [ETH] blockchain, but would transition to the OKChain later this year, in line with the release.

As ‘reported‘ earlier, OKEx is developing a ‘blockchain‘ referred to as OKChain, that can reportedly support its upcoming decentralized exchange [DEX].

Earlier this month, OKLink, an international settlement firm and sister company to OKEx, ‘partnered‘ with the custodian Prime Trust to launch USDK on OKEx.

Also, around 185 hacked Bitcoins [BTC] held on Bitfinex has apparently changed their addresses over the course of six transactions. The Bitcoins [BTC] are ‘reportedly‘ associated to a ‘hack‘ that occurred on the exchange earlier in 2016. Anneka Dew – Bitfinex’s marketing director added that the exchange isn’t behind the migrating account funds.

Leave a Comment

Your email address will not be published. Required fields are marked *