Archives

April 14, 2024 @ 4:28 pm By Omar Faridi  |  

The team at OKX are pleased to announce their investment in Tomo, a Web3 social finance (SocialFi) protocol. This investment underpins OKX‘s commitment to “supporting innovative blockchain technology and Web3 social platforms that redefine the way users connect and interact with each other online.” Tomo’s… Read More

April 5, 2024 @ 2:15 pm By Omar Faridi  |  

OKX has released a report titled ‘Unlocking the Infinite Potential of Crypto and AI.’ The research report from OKX explores “the convergence of AI and crypto, a major trend in the current market cycle that is giving rise to new applications and innovations encompassing areas… Read More

March 22, 2024 @ 5:21 am By Omar Faridi  |  

OKX is working with Immutable, a Web3 gaming platform. This partnership is expected to include the introduction of “a GameFi NFT launchpad and the integration of Immutable’s gaming-focused zkEVM chain into our OKX Marketplace and OKX Wallet.” OKX says that they aim “to transform how… Read More

March 13, 2024 @ 5:52 pm By Omar Faridi  |  

OKX has reportedly secured an in-principle approval for a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS). OKX claims that it is “among the most trusted crypto platforms in the world.” OKX‘s management notes that millions of customers feel safe accessing… Read More

March 11, 2024 @ 12:17 pm By Omar Faridi  |  

Digital asset firm OKX is pleased to announce their strategic investment, through our investment arm, OKX Ventures, in DeBox, a decentralized social networking platform for Web3 communities and Decentralized Autonomous Organizations (DAOs). Over the past two years, DeBox has committed itself “to serving the Web3… Read More

February 21, 2024 @ 9:53 pm By Omar Faridi  |  

OKX, a Web3 technology company, announced that it has partnered with Web3 platforms Biconomy, ZeroDev and Rhinestone to co-publish the ERC-7579 standard, which outlines technical standards for simplifying and unifying the management of ‘Modular Smart Accounts.’ The standard aims to enable developers “to customize and… Read More

February 12, 2024 @ 6:04 pm By Omar Faridi  |  

Hong Fan, OKX President, notes that she’s pleased to announce a major milestone in OKX’s global expansion – they have officially launched our leading crypto exchange and Web3 services in Argentina. Given Argentina’s position as one of the “top” crypto markets in Latin America with… Read More

January 26, 2024 @ 9:11 am By Omar Faridi  |  

OKX Ventures, the investment arm of leading Web3 technology company OKX, today published its 2024 Bitcoin Outlook’ report. The research report forecasts a pivotal role for Bitcoin‘s Ordinals in 2024, “based on the growth of OKX Wallet’s total Ordinals trading volume in 2023, which exceeded… Read More

January 24, 2024 @ 12:19 pm By Omar Faridi  |  

HashKey Group, an end-to-end digital asset financial services group in Asia, and OKX, a global Web3 technology company and crypto exchange, announced plans to “create a partnership to promote compliant virtual asset innovation and industry development in Hong Kong.” The planned collaboration is to “include… Read More

January 16, 2024 @ 3:11 pm By Omar Faridi  |  

OKX, a Web3 technology company, and Circle Internet Financial, a global fintech firm and issuer of USDC, unveiled a new ‘CCTP Cryptopedia Campaign,’ giving users who swap USDC across different blockchains on the OKX DEX aggregator the opportunity “to qualify for a share of a… Read More

January 5, 2024 @ 8:47 am By Omar Faridi  |  

OKX Ventures, the investment arm of OKX, released a detailed report on the current state and future prospects of the stablecoin market. The report provides an in-depth analysis of the stablecoin sector’s growth patterns, innovations, and future directions. Key highlights from the report include: Market… Read More

January 1, 2024 @ 9:36 pm By Omar Faridi  |  

OKX, a Web3 technology company, announced that QuickSwap, a DEX and automated market maker built on Polygon, Polygon zkEVM and Dogechain, now supports the testnet version of X1. X1 is OKX’s new zkEVM Layer 2 network, “developed using the Polygon Chain Development Kit (CDK).” With… Read More

December 27, 2023 @ 12:50 pm By Omar Faridi  |  

OKX, a global Web3 technology company and crypto exchange, recently announced the publication of its 14th monthly Proof of Reserves (PoR) report, reportedly “demonstrating USD14.9 billion in primary assets backing user funds.” OKX‘s PoR report provides “a comprehensive overview of the reserve ratios for 22… Read More

November 29, 2023 @ 10:16 am By Omar Faridi  |  

OKX Ventures, the investment arm of crypto exchange and Web3 technology company OKX, announced its investment in MYX.Finance (MYX), a decentralized perpetual derivative exchange. This investment is part of OKX Ventures’ ongoing effort “to enhance its growing portfolio of DEX projects.” MYX operates on a… Read More

November 21, 2023 @ 9:04 am By Omar Faridi  |  

Tether, the largest company in the cryptocurrency ecosystem, and leading global crypto exchange and Web3 technology company OKX, announced that they have assisted the United States Department of Justice (DOJ) in an investigation that “led to Tether proactively and voluntarily freezing approximately 225 million in… Read More

November 15, 2023 @ 5:34 pm By Omar Faridi  |  

OKX, a cryptocurrency exchange and Web3 technology company, has collaborated with regulated digital asset custody service provider Komainu and CoinShares (Nasdaq Stockholm: CS), a European alternative asset manager specializing in digital assets, to empower CoinShares “to conduct 24/7 trading through the OKX platform while assets… Read More

November 1, 2023 @ 7:31 pm By JD Alois  |  

Hong Kong is showing its support for digital assets today as ZA Bank, one of a handful of regulated digital banks in the jurisdiction, has announced support for crypto exchange OKX Hong Kong. ZA Bank has issued a statement indicating they will provide an operating… Read More

October 15, 2023 @ 3:31 pm By Omar Faridi  |  

During the past month, the crypto industry has experienced rapid growth. OKX Ventures has identified several scenarios where significant progress has been made: SocialFi has introduced “remarkable” products. Friend.tech has reportedly “generated over 10,000 ETH in revenue, with a TVL surpassing 30,000 ETH.” Their total… Read More

September 6, 2023 @ 7:56 am By Michael Wong  |  

Global crypto exchange and Web3 company OKX has announced its support for the upcoming migration of Dora Factory (DORA) tokens, scheduled to take place on September 6, 2023, at 11:00 (UTC). In line with Dora Factory’s official token migration plan, OKX will cancel all pending… Read More

June 7, 2023 @ 7:44 pm By Omar Faridi  |  

OKX, which claims to be the world’s second largest cryptocurrency exchange by trading volume (behind Binance) and a “leading” Web3 technology company, and regulated digital asset custody service provider Komainu, announced that OKX has “joined collateral management platform Komainu Connect, enabling institutional customers to conduct… Read More