Blog (336)

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.

X Layer connects our 50m+ users with massive global Polygon and Ethereum builder communities This collaboration also sees us becoming a core contributor for Polygon CDK, committing engineering and other resources to scaling Ethereum

A message from our Chief Marketing Officer Haider Rafique Calling all Web3 builders! Today we’re excited to introduce X Layer to the world . Our new native network, X Layer is a Zero-Knowledge (ZK) Ethereum Layer 2 (L2) and is built with the (CDK) as part of a strategic collaboration between us and Polygon Labs.

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:

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.

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.

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 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.

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.

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

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.

Dubai, the UAE, November 7, 2023 -- OKX , a leading global Web3 technology company and crypto exchange, today announced the launch of Signal Trading , a trading bot and marketplace that bridges the gap between signal providers and traders, offering automated strategies based on technical analysis, or 'signals,' which can indicate whether to buy or sell crypto.

Hong Kong, November 6, 2023 -- OKX , a leading global Web3 technology company and virtual asset exchange, showcased its dedication to the development of Hong Kong's Web3 and virtual asset ecosystem during the recent , where it was also a Diamond Sponsor of the event.

Dubai, the UAE, November 10, 2023 -- OKX , a leading global Web3 technology company and crypto exchange, today enhanced its Copy Trading tool with the addition of Spot Copy Trading . This new feature enables users to copy the strategies of top-performing 'lead traders' and automatically execute those in real-time across over 120 spot pairs, with additional pairs to be added in the near future. OKX is one of the few exchanges that offers copy trading for the spot market.

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 .

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.

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.

SÃO PAULO, Brazil, November 7, 2023 -- OKX , a global-leading crypto exchange and Web3 technology company, today announced the appointment of Guilherme Sacamone as General Manager for Brazil, based in São Paulo.

DUBAI, the UAE, November 8, 2023 -- OKX , a global-leading crypto exchange and Web3 technology company, today announced the appointment of Rifad Mahasneh as General Manager for the Middle East and North Africa (MENA) region, based in Dubai.

ST HELIER, JERSEY, November 15, 2023 - OKX , a leading cryptocurrency exchange and Web3 technology company, has collaborated with regulated digital asset custody service provider Komainu and CoinShares , a leading European alternative asset manager specializing in digital assets, to empower CoinShares to conduct 24/7 trading through the OKX platform while assets are held in segregated custody with Komainu.

BUENOS AIRES, Argentina, November 11, 2023 -- OKX , a world-leading Web3 technology company, sponsored and spoke at LABITCONF, Latin America's largest crypto and blockchain conference underscoring its commitment to developing the Latin American crypto and Web3 ecosystem responsibly. During Hong's exclusive fireside chat, she emphasized OKX's security-first approach and the need for industry standards and regulations that support innovation.

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.