Blog (298)

The approval of a Bitcoin ETF marks a significant milestone towards the mainstream adoption of Bitcoin. The ETF is an easy-to-access financial instrument that helps establish the legitimacy of bitcoin and has the marketing power to bring it to a wider population, potentially in the billions - we've already seen a few bitcoin ETF marketing campaigns. Through its reach, the bitcoin ETF will also make it easier for more institutions (and less crypto-native retail customers) to access bitcoin indirectly, and attract more talent to our industry.

SINGAPORE, January 9, 2024 -- OKX Ventures , the investment arm of leading Web3 technology company OKX , today announced a strategic investment in Matr1x , a next-gen Web3 entertainment platform that engages users through high-quality, cyberpunk-themed e-sports games.

São Paulo, January 8, 2024 -- OKX , a leading global Web3 technology company and crypto exchange, today announced the launch of its "Trade Like a Pro" campaign in Brazil. The series highlights the stories of three prominent Brazilian crypto traders - Rodrigo, Alexandre, and Luiz - who leverage the OKX platform for their trading activities.

Stablecoins poised to revolutionize global payments, emphasizing the need for enhanced integration SINGAPORE, January 3, 2024 -- OKX Ventures , the investment arm of leading Web3 technology company , today released a detailed 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:

What’s changing? Due to recent regulations introduced by the UK Financial Conduct Authority ("FCA"), starting 8 January 2024, there will be some important changes to the OKX experience for new and existing retail users in the UK.

A message from OKX Chief Marketing Officer Haider Rafique As I reflect on 2023 and look ahead to an exciting 2024, I am struck by the recent positive advancements and milestones that have shaped the world of Web3 and crypto. This transformative year has witnessed the advancement of Zero Knowledge (ZK) and account abstraction (AA) technologies, more regulatory clarity in key global asset hubs, and the continued emergence of DEX and NFT projects. I'd also take a moment to celebrate the achievements of OKX and the wider industry in 2023, and look ahead to the year 2024.

Hong Kong, December 29, 2023 -- OKX , a leading global Web3 technology company, has been awarded the 'Best Technical Innovation Award' at the Hong Kong Web 3.0 Annual Ceremony. The event, organized by Web3 media company , took place on December 21 at Cyberport, Hong Kong.

We today announced that QuickSwap , a DEX and automated market maker built on Polygon, Polygon zkEVM and Dogechain, now supports the testnet version of X Layer. X Layer is our new zkEVM Layer 2 network, developed using the (CDK).

We today launched the ' Solana Learn and Earn ' campaign, offering users the opportunity to claim a share in a 527 SOL prize pool. This represents the first "learn and earn" experience within our OKX app.

Dubai, the UAE, December 20, 2023 -- OKX , a leading global Web3 technology company and crypto exchange, today announced the publication of its 14th monthly Proof of Reserves (PoR) report, demonstrating USD14.9 billion in primary assets backing user funds.

Hong Kong SAR, December 13, 2023 — OKX Ventures , the investment arm of leading crypto exchange and Web3 technology company OKX, has announced its investment in Mocaverse , a Web3 ecosystem project developed by , to co-build Mocaverse projects on OKX's newly announced zkEVM Layer-2 network, X Layer, highlighting a shared commitment to scaling the global blockchain ecosystem and fostering a more interconnected Web3 world.

__Taipei, December 8, 2023 -__ [McLaren Racing](https://www.mclaren.com/racing/) and [OKX](https://www.okx.com/web3), a leading Web3 technology company and Official Primary Partner of the McLaren Form

SINGAPORE, December 6, 2023 -- OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX , today announced that it has joined the Ethereum Climate Platform (ECP) as a launch partner, underscoring its commitment to sustainability and decarbonization in the Web3 ecosystem.

Bangalore, India, December 4 -- OKX , a leading Web3 technology company, today announced its sponsorship of key events at India Blockchain Week (IBW), which takes place from December 4-10 at Sheraton Grand Whitefield, Bangalore. During the week, OKX will sponsor Polygon Connect on December 7 and ETH India from Dec 8-10, and will co-host two developer mixers. IBW is India's flagship series of blockchain and Web3 events, which aims to bring together the brightest minds in the blockchain space to explore and discuss the latest developments and innovations in Web3.

Singapore, November 16, 2023 -- OKX Ventures , the investment arm of leading Web3 technology company OKX, today announced its seed round investment in Kakarot , a Type 2.5 Zero-Knowledge Ethereum Virtual Machine (zkEVM) written in Cairo, a Scalable Transparent Argument of Knowledge (STARK)-based Turing-complete language for writing provable programs on blockchain. Kakarot aims to scale Ethereum by leveraging the capabilities of Cairo and Starkware's technology.

Hong Kong SAR, November 29, 2023 -- OKX , a leading global Web3 technology company and crypto exchange, today published its 13th monthly Proof of Reserves (PoR) report, demonstrating USD14.5 billion in primary assets backing user funds. Since the launch of OKX's program in late 2022, over one million users have viewed the reserves data or verified that their assets are backed 1:1. OKX's latest Proof of Reserves (PoR) report outlines a reserve ratio of over 100% for 22 of the most commonly used assets on the platform, including BTC, ETH, USDT and USDC. This is the 13th consecutive month that OKX has maintained a reserve ratio of 100% or higher for each of these assets. OKX's current reserve ratios are as follows:

A message from OKX Chief Marketing Officer Haider Rafique and Chief Innovation Officer Jason Lau Today, we published our 13th monthly Proof of Reserves (PoR) report, demonstrating US$14.5 billion in primary assets backing user funds. I'm also pleased to announce that since the launch of our program in late 2022, over one million users have viewed the reserves data or verified that their assets are backed 1:1.

Singapore, November 28, 2023 -- OKX Ventures , the investment arm of leading crypto exchange and Web3 technology company OKX, today 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.

Bom dia, Brasil! As the General Manager of OKX in Brazil, I'm thrilled to share an exciting development that marks a new era in our crypto journey. Today, we officially launch OKX's Crypto Exchange and Web3 Wallet in Brazil , a milestone that's not just about expanding our services, but deeply rooted in our commitment to transparency and security in the crypto space.

SINGAPORE, November 27, 2023 -- OKX Ventures , the investment arm of leading Web3 technology company OKX , today released its latest research report providing an in-depth analysis of The Open Network (TON), 's decentralized network, which found that TON's user base is expected to reach 500 million by 2028.

Today, we've officially launched our crypto exchange and Web3 wallet platform in Brazil, providing Brazilian crypto users with a trusted, secure gateway to decentralized finance (DeFi) and crypto trading. With our launch in Brazil, users can now also access Brazilian Real fiat-on ramp capabilities.

We and Tether , the largest company in the cryptocurrency ecosystem, today announced that we have collaborated with the United States Department of Justice (DOJ) in an investigation that led to Tether proactively and voluntarily freezing approximately 225 million in USDT tokens in external self-custodied wallets linked to an international human trafficking syndicate in Southeast Asia responsible for a global “pig butchering” romance scam.

Singapore, November 20, 2023 -- OKX , a leading Web3 technology company, today announced the launch of its 'Web3 DeFi Bonus Season' campaign, offering users who stake ETH via its OKX DeFi aggregator the opportunity to receive an additional Annual Percentage Rate (APR) of up to 14%* on their staked funds.

Mumbai, India, November 19 -- OKX , a leading Web3 technology company, today launched its cricket-themed 'Be a Crypto Player' Web3 ad campaign in India. Strategically timed to coincide with the 2023 international cricket championship final between India and Australia in Ahmedabad on November 19, the campaign positions OKX as a key Web3 player in India and showcases its comprehensive suite of .