Tezos drops 75% within hours

A conflict between the founders of Tezos project and head of Tezos Foundation leads to panic among the investors 
19 October 2017   2552

Only three month ago Tezos carried out an extremely successful ICO raising 232$ million, but currently project is in danger of losing trust of their investors even before it could have been officially launched.

Tezos pre-launch Charts Tezos (Pre-launch) Charts

On October 18th Arthur and Kathleen Breitman published a letter in their official blog stating that president of Tezos Foundation, Johann Gevers, “engaged in an attempt at self-dealing, misrepresenting to the council the value of a bonus he attempted to grant himself”. This may have influenced such a notable decrease of futures price.

Founders of Tezos now intend to legitimately remove Johann Gevers from Tezos Foundation.

Digital coins of Tezos under the name "Tezzies" are already highly priced at a hefty premium in futures trading although they do not yet exist. The launch of Tezos network and the coin release are postponed indefinitely.

OKEx Exchange to Launch GBP and THB OTC Markets

Thai and UK users should to pass the KYC procedure to start using Over-The-Counter platform
24 January 2019   28

OKEx announced support for the British pound and Thai baht on its over-the-counter platform.

The press release notes that users from Thailand and the UK can go through KYC verification procedures and start using the OTC platform.

Orders can be placed on the over-the-counter platform OKEx by independently choosing the exchange rate and payment options. Currently, this OTC-platform contains Bitcoin, Ether, Litecoin and Tether cryptocurrencies.

In addition to the pound and baht, the platform supports the Vietnamese dong and the Chinese yuan. This year, OKEx promises to expand the list of supported fiat currencies and serviced regions.

Earlier, OKEx launched termless Bitcoin swaps, and then similar tools for Ethereum, Bitcoin Cash, Ethereum Classic and Litecoin.