Former OKCoin manager joins Bitfinex

Zane Tackett, former OKCoin manager, has announced that he is quitting OKCoin, citing a "difference of opinion" as well as "unsolved problems" facing the company as the reasons behind his decision. He will be joining Bitfinex, a bitcoin exchange based out of Hong Kong.

He said that his position at Bitfinex will be similar and entail familiar responsibilities. He will be taking over community outreach and product development. Further, he pointed out some of the challenges faced by the USD bitcoin trading leader, and that the company should not stay contented given the rising competition in the sector.

"I think the best way to gain users is to interact with them and offer the best exchange in the world, and that's what I'll be looking to do at Bitfinex", Tackett told CoinDesk.

The resignation follows the exit of OKCoin's CTO Changpeng Zhao in February, and comes at a time when the company is shifting focus away from international trading.