Industry news (33)

- OKX Wallet introduces the ability to view and transfer Bitcoin ordinals on its multi-chain platform - OKX NFT Marketplace to offer mint and trade functionality for ordinals soon We have upgraded our

This article is a continuation of the Ethereum Pectra Upgrade series from the OKX Web3 Team, where we focus on key findings and observations that we have, along with our perspectives on smart accounts.

On 14 April 2025, the OM token, associated with the blockchain project Mantra, experienced a dramatic price drop, losing over 90% of its value in a single day. This event has sparked widespread speculation and concern within the cryptocurrency community.

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18 Feb 2025 Chinese crypto whale "Hulezhi" burns over 2K ETH, accuses Kuande Investment of brainwashing In the latest crypto news today, the industry is abuzz with the revelation of an pseudonymous user named Hu Lezhi, who sent 603 ETH ($1.6 million in value) to the Ethereum burn address on Monday with a message accusing Kuande Investment CEOs, Feng Xin and Xu Yuzhi, of brainwashing their employees with technology. Burning of tokens implies sending them to crypto addresses where the sender or any other person can't ever access them again. ( )

President Donald Trump's recent announcement to establish a strategic cryptocurrency reserve has sent ripples through the financial world. This initiative, aiming to position the United States as a leader in the crypto space, includes major digital assets such as , , , , and . The move has sparked discussions about the implications for these cryptocurrencies, particularly Bitcoin.

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WalletConnect is now hosting an OKX exclusive airdrop event with a prize pool of 6,500,000 WCT tokens! How to Participate in Wallet Connect x OKX Airdrop? Visit the official event page : https://okx.walletconnect.network

Pectra is the next major ethereum upgrade that is scheduled to happen April 2025. As smart contract developers, the protocol upgrade that we are most interested in is EIP 7702, which includes a new transaction type, that assigns smart contract code to Externally Owned Accounts (EOA), through delegation.Once the delegation process is complete, the EOA transforms itself into a smart account, while at the same time remains as an EOA, ultimately dependent on the transaction that is sent.While the intention of EIP7702 is to be compatible with existing solutions, we believe that this provides us with the opportunity to create a new alternative, and to start with a clean slate.