Category: MCP News Free

MCP News Free

Binance received a whopping amount of 44 mln from Ripple’s XRP, later transferred to Philippines PDAX

Following a recent report from cryptonews.net, it had come to the limelight that XRPL monitors on twitter showed a wired transfer by Ripple of an amount going up to 44.1 mln of XRP. These were directed to their other crypto addresses in an attempt to maintain liquidity within them. Besides, more sources state that huge transfers have become a common experience within the platform.

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CEO OKEx Jay Hao
MCP News Free

OKEx cryptocurrency withdrawals suspended, and OKEX founder Star Xu gets arrested

The announcement of withdrawal restriction on a Malta-based and globally second-largest cryptocurrency exchanges OKEx came as a shock to the entire crypto community. It happened after one of its core custodians cooperates was put under investigation, a move being taken by the public security bureau to counter increased money laundering activities in the crypto market in the recent past.

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