Industry news (27)

We've returned from eight days in the heart of Colorado at the ETH Denver innovation festival, hosted each year to empower the onchain community to drive the Ethereum network forward. As the world's largest crypto builder event, ETH Denver matches our own tireless efforts to support the network's builder community. Towards this goal, we co-hosted the event Onchain Growth Mixer: Getting a Billion People Onchain , in partnership with Base, Spindl, and Serotonin. The event tackled one of the biggest challenges in our space today — how to unravel complexity and onboard the next billion users onchain.

Keep up with the top industry updates as we present bi-weekly market insights that are important to traders in the institutional space. In this week's edition, Kelvin Lam, CFA, Head of Institutional Research for OKX, delves into the underlying factors and implications of October's market rally. We also discover the driving forces behind this surge and gain insights into the potential obstacles hindering institutional entry into the crypto space.

A message from OKX Singapore CEO Gracie Lin I'm thrilled to share that I've joined OKX Singapore as CEO. I've taken on this challenge because I believe that crypto represents the next frontier of innovation, and Singapore plays a significant role in adoption. I'm confident that we're well-placed to connect Singapore customers with the onchain world in a secure and seamless way.

A message from OKX President Hong Fang What's New Today, we announced two major developments in Singapore. Both developments showcase our continued commitment to building responsibly in the Lion City . First, following from the Monetary Authority of Singapore (MAS) in February, we're pleased to have now received approval for an MPI license from the MAS. We feel privileged to have the opportunity to continue to contribute to the local community in a secure, transparent and thoughtful way. The country is a key market in our global strategy, and receiving an MPI license marks another milestone for us in our long-term commitment to Singapore.

We're happy to announce the release of our 21st consecutive Proof of Reserves (PoR) report, confirming USD19.8 billion in primary assets backing customer funds. To date, 1.7 million customers have viewed and verified that their assets are fully backed on our platform.

The fund will create an accelerator program to foster the growth of key projects on Aptos related to infrastructure, DeFi protocols, real-world assets, GameFi and more. Our investment arm OKX Ventures and , a global blockchain leader, today jointly announced the launch of a new USD $10 million fund aimed at supporting the growth of the Aptos ecosystem and widespread adoption of Web3.

We have won awards in five categories at the prestigious WeMoney Cryptocurrency Awards 2024 , recognising our excellence in offering professional, high-quality services in Australia. We were named the winner of:

This article represents the personal views of the authors and isn't intended to provide any investment advice or solicitation to buy, sell or hold digital assets. I. Summary From the bull market of 2021 to the bear market of 2023, the cryptocurrency market has undergone significant changes. The total market value decreased from 3 trillion to 1 trillion US dollars, but the market value of stablecoins only decreased by 30%.*

Ahlan Dubai! As General Manager of OKX in the MENA Region, I am thrilled to share that we've received our Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA) for VA Exchange Services. While the licence is not yet operational, this achievement is a significant milestone and testament to our team's hard work and dedication, and a reflection of Dubai's forward-thinking approach to virtual assets and Web3 technology.

License is non-operational and remains subject to fulfilment of specific conditions and qualifying for operational approval. Dubai, United Arab Emirates, January 16, 2024 -- OKX Middle East Fintech FZE, the Dubai subsidiary of OKX, a leading cryptocurrency exchange and Web3 technology company, today announced that it has received a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA) for VA Exchange Services. The license remains non-operational until the company fully satisfies all remaining conditions and select localisation requirements defined by VARA, following which it will be able to commence operations, subject to regulatory reverification and approval.

__VICTORIA, Seychelles, April 7, 2023 —__ OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today released the findings of a survey on the percei

Unlocking the infinite potential of Crypto and AI: OKX Ventures' strategic investments in io.net, MyShell, and other cutting-edge projects Over the past decade, widespread adoption of the Internet and the rapid pace of digitalization have resulted in an unparalleled abundance and utilization of vast volumes of data. On the other hand, technological advancements in cloud computing and distributed computing technologies have made it more accessible and cost-effective to handle massive amounts of data, thereby providing abundant resources for training and optimizing AI models.* These enabled the development of increasingly intelligent and sophisticated systems, and fueled advancements in the field of AI. Particularly in the domains of deep learning, natural language processing (NLP), and computer vision, these advancements continue to propel the growth of AI to new heights.

Keep up with the top industry updates as we present bi-weekly market insights that are important to investors in the institutional space. In this week's edition, Kelvin Lam, CFA, Head of Institutional Research for OKX, shares his three predictions for the Institutional crypto market in 2024. Alongside unveiling these predictions, he'll also explain why these trends hold significant importance for institutions currently positioned in crypto space.

Keep up with the top industry updates as we present bi-weekly market insights that are important to traders in the institutional space. This week, Kelvin Lam, CFA, Head of Institutional Research for OKX, looks at one top-of-mind issue in this installment: how a recent collaboration between OKX, CoinShares & Komainu marks a significant advancement in institutional crypto trading.

Keep up with the top industry updates as we present bi-weekly market insights that are important to traders in the institutional space. In this week's edition, Kelvin Lam, CFA, Head of Institutional Research for OKX, sheds light on a pressing concern: the recent geopolitical conflict triggering a "flight to safety" among traders, thereby potentially fueling a rally in Bitcoin.

Keep up with the top industry updates as we present bi-weekly market insights that are important to traders in the institutional space. This week, Kelvin Lam, CFA, Head of Institutional Research for OKX, looks at one top-of-mind issue in this installment: how these three key market drivers present a compelling opportunity for crypto assets in Q4.

__Nassau, The Bahamas, August 17, 2023__ - [OKX](/), a leading crypto exchange and Web3 technology company, and [CoinRoutes](https://www.coinroutes.com/), a leading provider of algorithmic trading str

Keep up with the top industry updates as we present bi-weekly market insights that are important to traders in the institutional space. This week, Kelvin Lam, CFA, Head of Institutional Research for OKX, looks at one top-of-mind issue in this installment: the fallout (or lack thereof) from the court-approved FTX asset liquidation plan and three highlights from Token 2049 in Singapore.

- 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

- BMCC Tribeca Performing Arts Center renamed “OKX Theater at BMCC TPAC” for festival - OKX to host Web3 panel on 13 June with the McLaren F1 team’s Zak Brown and Lando Norris __NEW YORK, May 31, 2023

- With BRC-30, OKX Wallet users will soon be able to stake BRC-20 tokens and Bitcoin to earn passive income on their digital assets __SAN FRANCISCO, JUNE 1, 2023__ -- [OKX](/), a leading Web3 company,

__New York, New York 10 May 2023__ - OKX, the leading self-managed Web3 wallet app and a presenting partner of Tribeca Festival, today launched a new global brand campaign entitled "The System Needs a

__Singapore, 7 August 2023__ - [OKX](/), a leading crypto exchange and Web3 technology company, today announced its title sponsorship of [TOKEN2049](https://www.asia.token2049.com), Asia's premier Web

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.