OKX all of the sudden dismissed Felix Fan, the spokesman of X Layer, creating group misery and rumors. OKX’s President not directly accused Binance of poaching its expertise, elevating further questions.
The 2 exchanges have had a number of disagreements in latest days, however a devoted poaching marketing campaign could be a minor scandal. Nonetheless, there’s no clear decision in sight, and OKX’s dealing with of the incident might spark discontent.
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OKX and Binance Feud
Since OKX launched X Layer, its L2 community, final 12 months, Felix Fan has served because the protocol’s official spokesman and “Builder #001.”
Though he achieved a well-liked following because of his group engagement, the group was shocked immediately as X Layer eliminated him.
X Layer’s assertion was extremely obscure, citing a battle of curiosity and moral violations. Fan himself has been silent on the problem, so the group has been partaking in hypothesis.
Nonetheless, a brand new put up from OKX President Hong Fang sheds some mild on the scenario, and it appears clear that Binance was concerned.
The OKX President’s put up didn’t straight focus on Fan’s removing or Binance, however directed harsh criticism at a “sure competitor.”
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This competitor, “BN”, has allegedly been making an attempt to poach OKX’s expertise, offering tempting affords and subsequently discarding these workers. Hong made this put up in response to Fan’s removing, so it clearly looks as if a solution.
Murky Rumors and Meme Coin Bets
OKX and Binance have not too long ago been engaged in a low-level feud, so it appears to be like simple that “BN” refers back to the world’s largest change.
This appears to recommend that Binance was making an attempt to provide Fan a horny provide to go away. Even then, nonetheless, he didn’t stop; he was fired. It’s unclear what his precise violation was.
Fortunately, the group’s rumor mill has been laborious at work offering a proof. One supporter claimed that Fan was in a pleasant meme coin-related wager with OKX’s CEO. Fan picked XDOG, X Layer’s top-performing meme coin, to outperform a Binance product.
Nonetheless, XDOG subsequently plummeted, and Fan congratulated CZ afterward. The unique put up has apparently been deleted, and the obtainable screenshot is in Mandarin, so it’s not price reproducing straight. Nonetheless, this transient interplay might have infected tensions between OKX and Binance.
In the end, no matter occurred, there are numerous variables within the air. It’s unclear if Fan will transfer additional into Binance’s orbit or if the change will reply to OKX’s claims.
Nonetheless, this ambiguous scenario has aroused sturdy feelings amongst OKX supporters. The agency’s status may proceed declining if it doesn’t get extra solutions.