OKX (193)

Onchain Weekly, first edition Welcome to Onchain Weekly. This is a new series, that every week invites you behind-the-scenes with the Wallet team. It's a sneak peek into what we're building, and why we're building it.

Since launching crypto exchange services in Australia on May 2024, we have emerged as a key player in the local market, tripling our customer base We're happy to announce that we will serve as Gold Sponsor of Australia Crypto Convention 2024 and host the Australia edition of our . These events, scheduled for 23-24 November, underscore our continued commitment to strengthening Australia's digital asset ecosystem.

As a global cryptocurrency platform, OKX is committed to providing a transparent, safe, and reliable environment for our customers . A significant part of that commitment is compliance with all applicable rules and regulations where we operate, and we maintain a robust, risk-based compliance program that governs all relevant aspects of our business operations. Central to OKX's token listing process is a risk-based compliance review of each asset considered for listing on the platform. In some jurisdictions, a separate legal review is also required for assessing a token's eligibility for listing. In this blog, we will focus on the primary compliance considerations in our listing review.

A message from OKX Singapore CEO Gracie Lin Today, I'm proud to announce a significant milestone for our customers here in Singapore: we have launched instant, free-of-charge SGD deposits and withdrawals, facilitated by DBS. As one of the largest global exchanges to build this local infrastructure, this is a big step towards making digital assets more accessible for everyone in the country.

Cycles and narratives have always been central to the global crypto market. In the past, the industry often referenced Bitcoin halving events to perceive market cycles while exploring major narrative trends. However, with the approval of Bitcoin and Ethereum spot ETFs, the crypto market has become more closely coupled with global financial markets, leading to an increase in the variables that influence market trends.

We are proud to announce that we've worked with Komainu , a leading regulated digital asset service provider and custodian, built by institutions for institutions, to unveil an expansion of our partnership to offer institutional clients an enhanced off-exchange custody solution, further boosting the security of their digital assets.

This latest report marks the two-year anniversary of our PoR program, setting us apart as one of the few exchanges that consistently publishes PoR reports on a monthly basis To commemorate the two-year anniversary of our PoR program, we have launched an educational video on " "

This campaign, presented in both Arabic and English, celebrates "A New Alternative for the UAE," marking our recent milestone of becoming operationally live and licensed in the region Today, we're happy to announce the launch of our ' ' brand campaign. The campaign celebrates "A New Alternative for the UAE," marking our recent of becoming operationally live and licensed in the region as of October 10, 2024.

Our MENA General Manager Rifad Mahasneh will participate in a panel discussion titled "Web3 Emirates Today: Startup Hub and High-Competitive Reality" on October 22 Today, we're pleased to announce that we are a Special Sponsor of Blockchain Life 2024, a crypto- and Web3-focused forum to be held in Dubai's Festival Arena from October 22-23.

Today, we're happy to announce the appointment of Yuri Mushkin as our Global Chief Risk Officer, based in Singapore. Yuri joins us from McKinsey Investment Office ("MIO") Partners, a global investment advisory institution which manages over USD20B across public and private markets. He brings over two decades of capital markets and risk management experience across traditional and digital assets, serving in executive roles at multinational companies such as Goldman Sachs and McKinsey & Co. In his current role, Mushkin leads our firm's global risk strategy and a business-independent enterprise risk function, reporting directly to the CEO and Board of Directors.

By OKX Middle East GM Rifad Mahasneh Tonight, on stage at our gala event at the Museum of the Future, I had the honor of announcing that we've officially launched our VARA-licensed crypto exchange in Dubai.

Dubai's visionary Museum of the Future provided a fitting backdrop as we announced the official launch of our VARA (Virtual Asset Regulatory Authority)-licensed crypto exchange in Dubai , United Arab Emirates (UAE), on October 10, 2024. Not just another pin in our map of licensed locations globally, this milestone marks something much bigger — a new alternative to traditional finance for Dubai.

The grant will support 2140 Foundation's multi-year effort to foster long-term security, resilience and maintainability of the Bitcoin network The grant was unveiled by 2140 Foundation Co-Founder Josie Baker today at Bitcoin Amsterdam 2024

A message from OKX Chief Marketing Officer Haider Rafique Today, we joined with McLaren Racing to reinvent the MCL38 F1 car with the limited-edition Legend Reborn livery design. Legend Reborn will hit the track at this weekend's Singapore Grand Prix.

Our OKX OS provides a full set of tools, SDKs and APIs for developers to build and scale applications across 100+ chains without limits Tech is used by hundreds of projects, processing more than 400 million daily API calls

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.

Our 23rd consecutive Proof of Reserves (PoR) report is now live, confirming USD19.4 billion in primary assets backing customer funds. Key highlights of our PoR: This month, we optimized our PoR process, reducing the proof file size from 2.55GB to 598KB for faster, more efficient verification

Today, we at OKX, the world's second-largest crypto exchange by trading volume and a leading Web3 technology company, announce that we have set up a Hong Kong entity for launching virtual asset services in Hong Kong.

__Nassau, The Bahamas, August 14, 2023__ - [OKX](/), a leading crypto exchange and innovative Web3 technology company, today launched '[Trade Like a Pro](/activities/trade-like-a-pro),' a global brand

- Wallet upgrade also includes first-of-its-kind independent 'Emergency Escape' 2/3 asset recovery feature __VICTORIA, SEYCHELLES, 4 April 2023__ – [OKX](/?ACE514357), the second-largest crypto exchan

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.

This week at TOKEN2049 Singapore, we reimagined the onchain experience by unveiling our revamped Wallet, launching a new Legend Reborn racecar livery with McLaren Racing, and engaging with thousands of industry attendees at side events and through product showcases.

Today, we joined with McLaren Racing to reinvent the MCL38 F1 car with a limited-edition Legend Reborn livery design to be carried on the McLaren MCL38 F1 race cars at the 2024 Singapore Grand Prix.

Understanding the cryptocurrency market The cryptocurrency market is incredibly dynamic and fast-paced. Whether you're trading or working in the industry, staying updated on market movements, token trends, and relevant news is crucial. This includes understanding regulatory updates, technological advancements (both onchain and offchain), and significant market events — past and future — that influence token prices.