$3M OKX airdrop, 1-hour due diligence on 3AC, Binance AI — Asia Categorical

Our weekly roundup of reports from East Asia curates the industrys most vital developments.

OKXwill airdrop 3,014,381 (USDT) to customers who suffered losses because of the Celestial (CELT) token buying and selling incident, the cryptocurrency alternate introduced on March 1. On Feb. 26, Celestial revealed the event of a novel blockchain recreation, adopted by intensive social media campaigns selling the tasks alleged backing by OKX. Shortly afterward, the value of CELT pumped almost 100% in two days earlier than plummeting over 60% after OKX clarified it had no affiliation with the mission apart from a $100,000 funding from OKX Ventures in November 2021.

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