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ChainCatcher news, according to ZEX PR WIRE, the global cryptocurrency exchange OrangeX.com announced the completion of its second round of financing on August 28, 2025, raising $20 million, continuing to be led by Kryptos, with support from SCI Ventures and other major investors. The company successfully completed its first round of financing in September 2023, raising $10 million.OrangeX continues to strengthen its compliance and has implemented a publicly verifiable proof of reserves system to ensure that user assets are fully backed. The exchange holds multiple compliance licenses, including the VASP license in the Czech Republic and MSB registration in the United States.

According to ChainCatcher news, the official announcement shows that the OKX Web3 wallet has officially enabled the new domain web3.okx.com, serving as the entry point for users to participate in OKX Web3 related products and decentralized services on the web.The new domain involves services such as OKX DEX, search for earning coins, discovery section, OKX market, and developer center. Users need to visit the new domain to continue using related functions. The official statement indicates that after enabling the new domain, user assets and participation in OKX Web3 related services will not be affected.

ChainCatcher news, according to DogeDesigner, Musk responded to the proposal regarding "X Mail," stating that it is "on the to-do list." This may hint at the potential launch of an email service in the format of "[email protected]" in the future.

ChainCatcher news, Frax Finance officially stated on social media: "We have contacted Name.com and confirmed that the frax.finance and frax.com domains have now been routed back to their correct name servers and configurations. We were informed that they will explain the reasons for the incident after a comprehensive investigation tomorrow."ChainCatcher previously reported that Frax Finance stated on the X platform to refrain from using the frax.finance and frax.com domains until further notice. Meanwhile, its founder Sam Kazemian tweeted that the frax.finance domain should not be used until it is reclaimed.

ChainCatcher message, Frax Finance stated on platform X that, until further notice, do not use the frax.finance and frax.com domain names. Meanwhile, its founder Sam Kazemian tweeted that do not use frax.finance until the domain name is reclaimed.

ChainCatcher news, according to The Wall Street Journal, FTX's new CEO John J. Ray III stated that he is exploring the possibility of reviving FTX as he works to return funds to the bankrupt company's customers and creditors. Ray mentioned for the first time in a public interview that a task force has been established to discuss the potential restart of FTX.com. (source link)

ChainCatcher news, according to a report by CoinGecko, based on the monthly unique visitor numbers from January 2022 to October 2022, cryptocurrency investors from South Korea, Singapore, and Japan are the largest users of the now-bankrupt FTX.com exchange, accounting for a total of 15.7% of FTX.com’s traffic share.Among them, South Korea has the highest traffic share at 6.1%, with an average of 297,229 unique users accessing FTX.com via desktop and mobile networks each month. The FTX incident has prompted South Korean government officials to draft a comprehensive regulatory framework called the "Basic Law on Digital Assets," which will take effect next year. (Source link)

ChainCatcher news, the Turkish Financial Crimes Investigation Bureau is investigating FTX.com, including individuals, institutions, banks, and crypto service providers related to FTX. Meanwhile, FTX Turkey has been handling customer withdrawals, reportedly aiming to refund all customer funds. (source link)

ChainCatcher news, according to The Block, FTX CEO Sam Bankman-Fried apologized to investors in a letter to shareholders for the lack of communication regarding its financial dealings with Binance. The letter stated that the details of the non-binding agreement for Binance to acquire FTX.com are still under discussion. The email emphasized that protecting customers is the exchange's top priority, followed by shareholder interests. (The Block)

ChainCatcher news, Zhao Changpeng tweeted, "This afternoon, FTX sought our help due to severe liquidity tightening. To protect users, we signed a non-binding letter of intent to fully acquire FTX.com and help address the liquidity crunch. We will conduct a complete DD in the coming days. Binance reserves the right to withdraw from the transaction at any time. We expect that as things develop, FTT will become highly volatile in the coming days." (source link)