Blog (222)

A message from OKX Chief Marketing Officer Haider Rafique A rare opportunity to mint and own a collectible with zero gas fees As one of the world's largest crypto venues where billions of digital assets trade hands each day, we aspire to bring more utility to crypto beyond trading. This is a vision we outlined when we started to partner with sports teams like Man City and McLaren, or with our film and entertainment partner, Tribeca Film Festival.

A message from OKX Chief Commercial Officer Lennix Lai. Opinions are that of the author and do not reflect OKX's official view. Not financial advice. The halving is a significant event that underscores the technological strength and resiliency of Bitcoin. As a fundamental feature of Bitcoin's design, the halving mechanism means that the block reward will be cut in half, slowing the introduction of the remaining coins that can be mined and released into the market. The big picture is this: out of the maximum supply of 21 million, about 1.35 million bitcoin are left to be mined between now and the final halving in the year 2140.

We are excited to announce today a first-of-its-kind partnership with Hong Kong University of Science and Technology (HKUST) on a joint research project exploring the implementation of zero-knowledge (ZK) proofs and development of new cryptographic protocols. These advancements aim to enhance the scalability and efficiency of ZK decentralized exchanges (ZKDEXs).

We are delighted to announce our strategic investment in Thruster, one of the fastest-growing DeFi protocols within the Blast ecosystem. By participating in the successful US$7.5 million seed round led by Pantera Capital, OKX Ventures reaffirms its pivotal role as a key supporter of groundbreaking projects and visionary founders in the blockchain sphere.

We're happy to announce our investment in Tomo, a Web3 social finance (SocialFi) protocol. This investment underpins our commitment to supporting innovative blockchain technology and Web3 social platforms that redefine the way users connect and interact with each other online.

We're happy to announce that we've published our inaugural ' Institutional Basis Trading Report .' The report analyzes the institutional basis trading landscape and strategies, as well as drivers behind the nearly 30% Ethereum (ETH) and Bitcoin (BTC) annualized basis observed towards the end of March 2024.

We are pleased to announce that we have invested in Zeus Network , the first and only permissionless communication layer on Solana and Bitcoin. Zeus Network enables dynamic, secure composability, creating a decentralized ecosystem for seamless user engagement and liquidity interaction.

Today, we're excited to announce the release of our latest Proof of Reserves (PoR) report, demonstrating a total of USD22.1 billion in primary assets backing user funds. This represents our 17th consecutive month of publishing Proof of Reserves (PoR) reports, which highlight the reserve ratios of the 22 most frequently traded assets on our platform: BTC, ETH, USDT, USDC, XRP, DOGE, SOL, OKB, APT, DOT, ELF, EOS, ETC, FIL, LINK, LTC, OKT, PEOPLE, TON, TRX, UNI and BCH. Consistent with our previous reports, our 17th PoR reveals reserve ratios of over 100% for all these assets, providing assurance that user funds are backed 1:1.

Today, we're excited to announce that we've opened entries for our Bitcoin halving -themed ' The Ultimate Bitcoin Rush ' and ' OKX Web3 Bitcoin Drop ' trading campaigns, featuring a prize pool worth over 10 BTC.

The report also discloses our recent investments in io.net , MyShell , 0G , FLock.io and 0xscope Today, we published a report titled ' Unlocking the Infinite Potential of Crypto and AI .' The report 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 like model training, AI agents, metaverse, gaming and robots as a service.

What are we made of? In the last two years, our industry has faced significant headwinds. Big players came and went, people declared bitcoin dead hundreds of times. We were forced to look inward and make tough decisions.

Today, we're proud to announce that our investment arm, OKX Ventures , has invested in DLC.Link, the first native Bitcoin cross-chain protocol. This groundbreaking project leverages Discreet Log Contracts (DLCs) to enable Bitcoin to be used in DeFi protocols while being held in self-custody wallets.

Today, we're proud to announce that our investment arm, OKX Ventures , is leading the latest investment round in UXLINK , a Web3 social platform. UXLINK combines a Web3 gateway, a social DEX and infrastructure with the goal of facilitating mass adoption.

As President of OKX, I'm excited to share that we've secured an in-principle approval for a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS). I'm proud to say that OKX is among the most trusted crypto platforms in the world. Millions of customers feel safe accessing and interacting with the crypto markets through our platform. An important part of our global strategy is to identify key markets, build locally, and make long-term investments. As we build technology globally to empower the future, we're continually humbled by the opportunities to be part of local communities.

Today, we're excited to announce that our investment arm, OKX Ventures , has joined a US$50 million Series A funding round for Eclipse , a pioneering Ethereum Layer 2 solution utilizing the Solana Virtual Machine (SVM).

Today, we're excited to announce that we have added support for the Atomicals (ARC-20) Bitcoin inscription standard on our Inscription Market , formerly known as Ordinals Market. This addition enhances the range of options available to our users to create, buy and sell inscriptions across an expanding roster of token standards.

International Women's Day (IWD) is an occasion to celebrate the achievements and contributions of women, and also a call to action for the pursuit of a more equitable world. This year's theme, 'Inspire Inclusion,' reminds us of the importance of diversity in the workplace because of the tangible benefits diversity brings in terms of leadership and decision making. So, this IWD, we'd like to take a moment to share our thoughts on inspiring inclusion in crypto.

Today, we're excited to announce our strategic investment, through our investment arm, OKX Ventures, in DeBox , a decentralized social networking platform for Web3 communities and Decentralized Autonomous Organizations (DAOs).

Today, we announced that the OKX-sponsored Majesticks GC will play at its first ever LIV Golf Hong Kong tournament on 8-10 March, and will feature our branding on its team kits during the tournament.

Today, we're excited to announce that we are the first major industry player to fully integrate Uniswap Labs ’ trading APIs into our offerings, providing OKX users with greater accessibility to DeFi.

We recently conducted a survey of over 750 Brazilians to gain insights into how they view cryptocurrencies and crypto's potential to transform finance and other industries. The survey included both crypto users and non-users, and the results were eye-opening.

I'm thrilled to see the overwhelming optimism Brazilians have towards crypto's potential to transform finance and other industries. Our recent OKX Brazil Survey found that 91% of surveyed crypto users believe crypto can revolutionize these sectors.

We're thrilled to announce the enhancement of our Copy Trading tool with the introduction of 'Smart Sync.' This innovative feature mirrors the trades of lead traders, with order margins being determined by the lead trader's margin and the copy trader's available funds. It replicates the trader's position size, margin and actual position without the need for manual adjustment of parameter settings.

Merhaba! Today marks a landmark achievement in the evolution of cryptocurrency and decentralized finance in Türkiye, as we proudly unveil OKX TR , our cutting-edge crypto platform, meticulously designed for Turkish users.