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okx

OKX is a cryptocurrency exchange that builds the next generation of financial ecosystems, offering spot, margin, futures, options, perpetual contract trading, DeFi, lending, and mining services.
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first_img The military branch of Hamas suggests donors avoid Binance and instead use platforms like Bybit and OKX

According to CoinDesk, documents from the asset seizure order released by the U.S. Department of Justice (DoJ) show that the military branch of Hamas, the Al-Qassam Brigades, suggested in a letter to potential donors not to use Binance for transferring funds, but instead recommended platforms such as Bybit, OKX, Kast, and Redotpay. The letter advised using Tether's USDT stablecoin and the TRC-20 network, which is used to create and manage fungible tokens on the Tron blockchain.The Al-Qassam Brigades stated in the letter: "It is best not to use the 'Binance' platform for transferring support, and do not input any data indicating our official name, to avoid your wallet being blocked, and for your safety (inputting any fictitious data as the recipient); you can transfer through applications like Trust Wallet, RedotPay, OKX, Kast, BYBIT, etc." The organization claimed that Binance "can only be used to purchase currency, and then another application is needed to complete the transfer process."Binance's Chief Compliance Officer Noah Perlman responded that the terrorist organization's suggestion for people to avoid Binance indicates that its control measures are working. OKX stated that the wallet address mentioned in the February 10, 2025 communication is unrelated to them and has been identified by their internal controls as being associated with illegal activities, and related transfers will be flagged and blocked. Kast stated that it has a dedicated financial crime compliance department. The U.S. Treasury noted in its 2026 Terrorism Financing Risk Assessment that organizations such as Hamas and ISIS continue to use digital assets for donations and transfers.

first_img OKX launched perpetual contracts for OpenAI and Anthropic's Pre-IPO in Europe

Cryptocurrency exchange OKX announced the launch of Pre-IPO perpetual contracts related to OpenAI and Anthropic in Europe. Eligible traders can go long or short on the valuations of the two AI companies with up to 10 times leverage, but will not receive actual shares of the two companies. This product bets on the valuation changes of the two companies before their IPOs, providing a new speculative avenue for retail investors who find it difficult to directly buy shares of private companies.OKX is not the first platform to launch such products. Hyperliquid has offered markets related to OpenAI and Anthropic through HIP-3, and Binance also provides Pre-IPO perpetual contracts for the two companies. OKX stated that such products are not substitutes for the shares themselves but can meet the ongoing market demand for exposure to large tech companies that have not been publicly listed for a long time.Meanwhile, OKX has also launched 100 tokenized stocks and ETFs, including Nvidia, Alphabet, Palantir, as well as SPY and QQQ, allowing European traders to trade traditional markets around the clock. These tokens track the prices of the underlying securities but do not grant holders actual shares or voting rights, and some tokens can be withdrawn to self-custody wallets. OKX Europe CEO Erald Ghoos stated that the demand for its derivatives business continues to grow, with trading volume for X-Perps in the European market quadrupling since the transition period of MiCA ended in July.
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