• OKB is up double digits in the last week on OKX’s plans to launch a new blockchain.
• OKB is now the eighth largest cryptocurrency in the market.
• OKX founder Star Xu clarified the difference between the existing OKXChain and the upcoming OKBChain.

Centralized crypto exchanges have faced serious problems over the last several months. However, not all are in dire straits.

OKB, the native token of OKX, a Seychelles-based crypto exchange, hit a new all-time high of $58.66 on Saturday, according to data from CoinGecko. OKB is up by over 32% in the last seven days and is currently trading...