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Tether Confiscates 225M USDT Involved in Pig Butchering Romance Scam


Source: AdobeStock After months of investigation, USDT stablecoin maker Tether has announced the confiscation of $225 million of its tokens involved in a pig butchering romance scam. The announcement, conveyed through a press release, detailed Tether’s collaboration with the OKX crypto...

The Protocol: Ethereum Layer-2s Keep Coming as OKX Apes In


In this week's edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now file hosting on the Bitcoin blockchain

OKX Ventures makes seed round investment in Kakarot


OKX Ventures carries out a seed round funding in Kakarot, which is a Type 2.5 ZkEVM worded in Cairo. This is a Turing complete programming language. Cairo o has been created to collect into Cairo Assembly (CASM), helping to bring about implementation signs. In turn, these signs are utilized...

OKX releases new zKEVM Layer-2 network ‘X1’ using Polygon CDK


OKX recently announced the release of its new zkEVM layer-2 network, X1. The exchange has only launched a testnet of the network for now. The leading Web3 ecosystem collaborated with Polygon Labs to design the network. The secure and highly performant Ethereum-based ZK L2 network has been built...

Okx Announces Compliance-Focused Expansion to Brazil


Okx, one of the largest cryptocurrency exchanges, has announced it will expand to Brazil in the coming months to offer a regulated crypto platform to Brazilian customers. The exchange, which chose the country as its entry doorstep to Latam, aims to fulfill the regulatory requirements still being...

OKX Web3 and Astar Network join hands


OKX Web3 has announced that it has partnered with Astar Network. The partnership aims to empower over a billion users to harness the full potential of Web3. OKX Web3 has stated that that is their mission and why they chose Astar Network. The scalable network shares the sentiments and wishes...

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