France: Higher-than-expected 2023 Deficit Tests Fiscal Targets

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Silver Is Heading Towards The $30.00 Level

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Japan: Improved Inflation And Positive Effects For Debt Sustainability Underpin Stable Outlook

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Extended High Interest Rates Forecast to Impact Economic Stability

Will Next Week’s Big Tech Earnings Reinvigorate the Market?

Gold Prices at a Crossroads: Indicators Signal Caution

Can Amazon and Apple Uphold the S&P 500’s Lofty Valuations?

Bitcoin ETFs: After Record $328M Outflows, What Happens Next?

Crypto Token Unlocks: AVAX, ARB, PYTH to Distribute $3 Billion in May 2024

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Elena Kupriianova Joins Spotware as CMO

Germany: Economic Outlook Stable Despite Near-term Stagnation and Fiscal Challenges

Euro Area Sovereign Credit: Some Ratings Under Pressure as Fiscal Challenges Mount

Breaking News: B2Prime Acquires a Security Dealer License in Seychelles, Expanding Global Operations

Private Payrolls Rise in April, Surpassing Expectations

ISM Manufacturing PMI Moved Back Into Contraction Territory In April

Fed Leaves Rate Unchanged, Will Slow The Pace Of Asset Sales

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Bitcoin Halving Happened. What’s Next?

Initial Claims Stable, Economic Indicators Point to Optimistic Outlook

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Apple’s Record $110 Billion Buyback Fuels Market Optimism

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Natural Gas and Oil Forecast: USOIL Eyes $80 Resistance Amid Rally

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Gold Weekly Price Forecast – Gold Continues to See a Lot of Volatility

NASDAQ 100 Weekly Price Forecast – NASDAQ 100 Finds Buyers on Lunch

S&P 500 Weekly Price Forecast – S&P 500 Finds Buyers on The Dips

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Shiba Inu Price Surges as PayPal announces SHIB Token Integration in USA

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OKEx, the 2nd most popular cryptocurrency exchange by trading volume, launched its platform token ‘OKB‘ today with 10 trading pairs. On its official support page, OKEx describes OKB is a global utility token issued by the OK Blockchain Foundation. The total available supply of OKB will be one billion tokens (1,000,000,000), with a distribution model that allocates 60% of the supply will be given out to OKEx customers for community building and during marketing campaigns. According to OKEx, the company had officially issued OKB on ERC20 protocol earlier this month. 

The company denied ICO (initial coin offering) and public fundraising. Reportedly the company had stated that it would be soon shifting the token to its official OK chain and subsequently it will be applied not only on OKEx’s platform but also on other related projects. There will be in total 1 billion tokens supplied globally out of which 600 million coins will be distributed to OKEx customers for community building and marketing campaigns. Rest will be locked up for a period of 1 year to 3 years.

According to OKEx, the company had officially issued OKB on ERC20 protocol earlier this month. The company denied ICO (initial coin offering) and public fundraising. Reportedly the company had stated that it would be soon shifting the token to its official OK chain and subsequently it will be applied not only on OKEx’s platform but also on other related projects. There will be in total 1 billion tokens supplied globally out of which 600 million coins will be distributed to OKEx customers for community building and marketing campaigns. Rest will be locked up for a period of 1 year to 3 years.

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