Tagged: okx

Bitlayer, the Bitcoin Security-Equivalent L2 Solution Based on BitVM Paradigm, Receives Investment from OKX

OKX are pleased to announce that they have invested in Bitlayer, which is describe as the first Bitcoin security-equivalent Layer 2 based on BitVM. Bitlayer aims to scale the Bitcoin network’s transaction capability. Advocating for the Taproot and BitVM technologies, Bitlayer has “adopted the Discreet… Read More

OKX Ventures and Stanford’s Future of Digital Currency Initiative to Enable Blockchain Innovation

OKX‘s investment arm OKX Ventures has recently announced a research and education collaboration with Stanford’s Future of Digital Currency Initiative (FDCI), aiming to promote blockchain innovation and sustainability. As part of the Stanford School of Engineering’s Department of Computer Science, FDCI is an industrial affiliates… Read More

Web3 Focused CARV, a Modular Data Layer for AI and Decentralized Applications, Receives Investment from OKX

The team at digital asset firm OKX is announcing a strategic investment in CARV, which is described as one of the largest modular data layers for Gaming and AI. OKX noted in a blog post that they’re making their new investment in CARV, the largest… Read More

OKX Adds Support for Fungible Token Standard Runes Following the Bitcoin Halving

OKX is pleased to announce that they’ve added support for Runes, a new fungible token standard by Casey Rodarmor, a former Bitcoin developer and artist, following the recent Bitcoin halving. With this addition, OKX users can now reportedly “create, mint, manage and trade Runes on… Read More

Blockchain Firm OKX Introduces Public Mainnet of L2, X LAYER, Building with 200+ dApps Across DLT Network

OKX has reportedly launched the public mainnet of their Layer-2 (L2), X LAYER, building with more than 200 dApps across the network. X LAYER is integrated with OKX Exchange (CEX) and the OKX Web3 Wallet. Users can bridge assets from the two platforms to LAYER… Read More

Digital Assets Firm OKX Announces Investment in Tomo, a Web3 Social Finance Protocol

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

Crypto and AI Convergence to Enable Innovative Apps and Robust Digital Infrastructure – Report

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

Digital Assets Platform OKX Partners with Web3 focused Immutable

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

Digital Assets Firm OKX Obtains In-Principle Approval for Major Payment Institution License from MAS

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

OKX Announces Investment in DeBox, a Decentralized Social Networking Platform for Web3 and DAOs

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

Digital Asset Platform OKX to Support ERC-7579 Standard

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

Latin America: Digital Assets Exchange OKX to Expand Operations to Argentina

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

OKX Ventures Invests in Bitmap Tech to Support Growth of Bitcoin Ecosystem

OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, is pleased to announce its investment partnership with Bitmap Tech, the team behind Merlin Chain, a native Bitcoin Layer 2. Bitmap Tech currently boasts an overall market cap “that exceeds US$500… Read More

OKX Ventures Invests in Stablecoin Protocol Focused on the Bitcoin (BTC) Ecosystem

OKX Ventures, the investment arm of crypto exchange and Web3 technology company OKX, announced that it has invested in bitSmiley, a stablecoin protocol in the Bitcoin ecosystem. bitSmiley is a company that “provides comprehensive Bitcoin DeFi solutions, aiming to fill the gap of stablecoins and… Read More

Bitcoin Ordinals May Have Key Role in Supporting BTC Ecosystem, As Indicated by Ordinals Trading Volume via OKX Wallet

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

HashKey Group and OKX to Support Compliant Digital Asset Innovation in Hong Kong

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

Stablecoin Adoption: OKX and Circle Introduce USDC focused Incentive Opportunity

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

Watershed Moment for Digital Assets Industry: Crypto Industry Reacts to Spot Bitcoin ETF Approvals by SEC

As expected by most industry analysts and also after an embarrassing false start (following the official SEC X account being “compromised”) the US Securities and Exchange Commission (SEC) has finally approved 11 spot bitcoin ETF applications – which were submitted by traditional financial and crypto-focused… Read More

Stablecoin Report: USDT and USDC Continue to Lead Stablecoins Market, Supporting Web3 Development

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

DeFi and Web3 Adoption: QuickSwap, a DEX and AMM, Now Supports Testnet Version of X1

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

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