OKX Industry Weekly Report (Feb 19-25): Product Updates and Market Insights

Industry Highlights

Global Policies & Regulations

1. Brazil: Crypto regulation bill advances to Senate vote.
2. Russia: Draft law prohibits crypto payments but permits regulated trading.
3. Argentina: Proposed tax reforms target cryptocurrency transactions.

Technological Advancements

• Intel: New chips support NFT minting (NFTPLAZAS).
• Polkadot & Kusama: XCMv3 upgrade enables NFT interoperability.
• zkSync 2.0: Public testnet launches, enhancing Ethereum scalability.

Major Fundraising Rounds

• Aligned: $34M raised for Web3 infrastructure.
• Luna: $1B funding led by Jump Crypto and Three Arrows Capital.
• Zebec Protocol: $15M secured with OKX Ventures’ participation.

OKX Updates

Brand Initiatives

• Metaverse Video Contest: 50+ entries competed for $10K prizes.
• Rocket AMA Series: Analyzed crypto market impacts of geopolitical conflicts.
• Ukraine Support: Full津贴保障计划 for employees, including evacuation assistance.

Product Enhancements

Listings & Staking

• New listings: pSTAKE Finance (PSTAKE).

• High-Yield Locked Staking:

  • UMEE (530% APY), GLMR (500% APY), ONE (100% APY).
    -余币宝 adds RSS3 and UMEE.

Derivatives & NFTs

• Leverage Trading: RSS3/USDT, UMEE/USDT pairs.

• NFT Market:

  • BOOMGALA头像 and ISLANDSWAP联名款英雄NFT drops.

OEC链上数据

• 7-day stats: 197.7K transactions; 61.4K new addresses.
• Upcoming: GalaxyWar (game) and Dxsale (IDO platform).

User Experience Upgrades

• Real-Time Trade Alerts: Notifications for仓位风险 and止盈止损.
• PM Account Flexibility: Borrowed assets now transferable.
• UI Improvements: Full-screen mode displays current trading pair.

Market Recap & Outlook

• Geopolitical Impact: Bitcoin plunged below $35K amid Ukraine conflict but rebounded to $39K. Volatility persists; caution advised.
• Ecosystem Growth: Chain advancements and funding surges in DeFi, GameFi, and NFTs.

“Bear markets foster sustainable projects.” — Vitalik Buterin

OKX remains committed to:

1. Expanding investment options aligned with market trends.
2. Enhancing platform usability and security.
3. Supporting global teams during crises.

FAQs

Q1: How does OKX support employees in conflict zones?
A: Comprehensive津贴保障计划, including evacuation aid.

Q2: What’s new in OKX’s staking offerings?
A: UMEE, GLMR, and ONE now offer 100%–530% APY via锁仓赚币.

Q3: Can I trade NFTs on OKX?
A: Yes! Explore BOOMGALA and ISLANDSWAP collections here.

Q4: How does OEC’s activity compare to other chains?
A:日均28.2K transactions and 8.7K new addresses signal robust usage.

Q5: Should I invest during market downturns?
A: Assess risks; diversify with stable-yield products like余币宝.

👉 Explore OKX’s latest features for seamless crypto trading!

Disclaimer: This report is informational only and not financial advice. Invest responsibly.

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