$3M OKX airdrop, 1 hour due diligence on 3AC, Binance AI — Asia Express
Cointelegraph
Published Mar 02, 2023 09:04PM ET
Updated Mar 02, 2023 09:20PM ET
Our weekly roundup of news from East Asia curates the industrys most important developments.
On Mar. 1, cryptocurrency exchange OKX announced that it would airdrop 3,014,381 Tether (USDT) to users who suffered losses as a result of the Celestial (CELT) token trading incident. On Feb. 26, Celestial revealed the development of a novel blockchain game, followed by extensive social media campaigns promoting the project’s alleged backing by OKX. Shortly afterward, the price of CELT pumped nearly 100% in two days before plummeting over 60%, after OKX clarified it had no affiliation with the project other than a $100,000 investment from OKX Ventures in Nov. 2021.
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