OKEx Update: Bitcoin and Crypto Withdrawals to Resume by Nov. 27th

Quick take: OKEx users will have unrestricted Bitcoin and Crypto withdrawals on or before November 27th The exchange will also launch loyalty reward campaigns to thank the OKEx community for being patient OKEx’s founder, Star Xu, has been reportedly released by Chinese authorities The value of OKB has rallied by approximately 30% since rumors started circulating of Mr. Xu’s release, erasing all losses of the past one month OKEx users can now breathe a sigh of relief as the exchange has announced that it will resume unrestricted withdrawals of Bitcoin and other cryptocurrencies, on or before November 27th. A Private Key Holder Was Not Able to Authorize Transactions With respect to providing an explanation as to why withdrawals were suspended, the team at OKEx reiterated that a core member of the team was unable to authorize transactions.

OKB Token Rallies by 30% Since Rumors of Star Xu’s Release Started Circulating The native token of the OKEx exchange, OKB, experienced a massive rebound since rumors started circulating that Mr. Xu had been released. As a result, OKB token has erased almost all losses in the past one month as OKEx users mused on the worst-case scenario of their funds being permanently locked on the exchange.

Timeline of Bitcoin, Okb