The grants allow more developers to maintain and support Bitcoin’s codebase.
The move lets users skip depositing to an ETH wallet, saving the associated fees.
OKCoin joins roughly half a dozen exchanges that support the scaling technology.
It became a choice between protecting Bitcoin’s open-source ethos or championing free-market fundamentals. In the end, community won out.
The feature, added to alleviate fee pressure during Bitcoin’s bull market, could be live within a month's time.
OKCoin became the latest exchange to suspend XRP trading and deposits as of early next year.
OKCoin is allowing users to invest in decentralized finance (DeFi) applications through its site without paying gas fees.
OKCoin announced it will become the first U.S.-based crypto exchange to list Blockstack PBC’s stacks token (STX).
The grant from OKCoin will allow Bitcoin developer Marco Falke to continue the maintenance work he's done since 2016, like reviewing proposed code changes.
OKCoin says its regulated status and liquidity mean users will be able to trust that its data feed will be accurate and reliable.
OKCoin and BitMEX just sponsored another Bitcoin Core developer, Amiti Uttarwar, who is focused on privacy tech and education.
While Japan is known for its retail market, crypto exchange OKCoin believes the country’s strict licensing regime will attract institutional investors.
Outgoing OkCoin CEO Tim Byun will lead OK Group's global government relations from the end of March.
Cryptocurrency exchange OKCoin has launched in the EU, opening up euro pairs to traders for the first time.