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OKX to Relaunch US Exchange With New App in Late 2024
OKX, one of the largest crypto exchanges in the world by volume, will debut a new app and sunset the OKCoin app for U.S. users this fall.
OKX’s U.S.-based sister crypto exchange—once called OKCoin and rebranded to OKX in the likeness of its non-U.S. counterpart—is aiming to debut a new mobile application this fall as part of the exchange’s broader relaunch, OKX Chief Marketing Officer Haider Rafique told Decrypt in an interview on Thursday.
The U.S.-based OKX’s existing mobile app, which is called OKCoin despite the trading platform’s rebranding to OKX last year, will be sunsetted at the time of the new app’s roll out in the U.S. The new app will “not be the OKCoin app rebranded,” Rafique told Decrypt.
“It's a brand new product,” he said.
OKCoin app users will be migrated to the new U.S. “OKX” app when it launches, according to Rafique. Some users, who have been notified of the upcoming migration via email, have already begun transferring their crypto in preparation for the migration, he added. Read More
Louisiana Isn't the Only US State to Accept Bitcoin Payments—Here Are the Others
The state has already received a fine paid to the Louisiana Department of Wildlife and Fisheries via the Bitcoin Lightning Network.
The government of Louisiana has officially begun accepting cryptocurrency payments, making it the latest U.S. state to embrace digital currencies for state services.
Louisiana State Treasurer John Fleming announced earlier this week that residents can now use a number of digital assets as payment for various state services. Residents can now pay using Bitcoin (BTC), the Bitcoin Lightning Network, and the U.S. dollar-pegged stablecoin USDC.
The state said its first cryptocurrency payment has already been processed—a fine paid to the Louisiana Department of Wildlife and Fisheries via the Bitcoin Lightning Network. According to Fleming, this development results from a collaboration between the state, Bead Pay, and local integration partners. He stated that the initiative aims to modernize payment systems and reduce fraudulent transactions.
"In today’s digital age, government systems must evolve and embrace new technologies," Fleming said. "By introducing cryptocurrency as a payment option, we’re not just innovating; we’re providing our citizens with flexibility and freedom in interacting with state services." Read More
Antier Rolls Out Co-Pilot Program to Fast-Track Web3 Enterprise Adoption
Antier, a global frontrunner in blockchain technology and consultancy, has launched the Co-Pilot Program, a unique initiative aimed at helping enterprises navigate the complexities of Web3 development. The program is designed to empower companies to move from ideation to execution, offering a robust support system to ensure their blockchain projects succeed in a highly competitive space.
Closing the Gap Between Vision and Reality:
In the rapidly evolving world of blockchain and Web3, many promising projects with the potential to disrupt industries never make it past the planning phase. These initiatives often face critical hurdles such as resource limitations, lack of deep technical expertise, and challenges in scaling innovative concepts into functional products.
Antier’s Co-Pilot Program seeks to close this gap, offering companies a tailored solution to overcome these execution barriers. The initiative goes beyond conventional outsourcing, embedding Antier’s expertise into the client’s project to accelerate development and ensure that blockchain products are not only completed but positioned for success. Read More
Crypto wallets will evolve into ‘filing cabinets’ by 2030 — Crypto exec
Reown CEO Jess Houlgrave believes crypto wallets will transition into a “collection of wallets and accounts that can interact with each other.”
The term “crypto wallet” may disappear within the next six years, as users will begin to rely on the technology for much more than just storing cryptocurrency, according to Jess Houlgrave, CEO of the onchain user experience platform Reown.
Speaking to Cointelegraph at Token2049 in Singapore, Houlgrave said she believes that crypto wallets will evolve into more of a “life hub” by 2030. When asked how she visualizes that in more detail, she compared it to “digital filing cabinets,” where different parts of a user’s life — like medical records, education credentials and tickets — will be securely stored and managed.
While she acknowledged that some users may remain skeptical of connecting so much of their lives to a digital wallet, she believes the systems will become far more secure, making it much harder for sensitive information to be swiped like cryptocurrency has in recent times.
“It’s going to be a hub of a collection of wallets and accounts that can interact with each other, share details with one another and manage policies for each other,” Houlgrave explained.
Houlgrave said that the hub’s security will become more customizable, allowing users to control which wallets can interact with other domains.
She added that users may take a hyper-secure approach to some aspects of their “hub” where they only allow it to “interact with very specific whitelisted domains.” Read More
The New Mini Blog Newsfeed Is Here At Markethive! A significant achievement unlocked, with many more to come
The Markethive Social Market Broadcasting Network is rapidly gaining prominence as a blockchain-based ecosystem that empowers entrepreneurs with a unique blend of uncensored expression and impartial dialogue, fostering a spirit of collaboration. This sets it apart from the often divisive and restrictive social media landscape.
At Markethive, your experience is our top priority. That's why we're recognized for our evolutionary and innovative ethos. We consistently broaden our decentralized, all-encompassing platform, creating a distinctive news feed interface that fully captures the user's experience.
We operate as an Inbound Marketing platform similar to Marketo and Paragon. The platform is comparable to popular platforms such as YouTube, Instagram, LinkedIn, and Twitter. However, we aim to surpass these traditional Web 2.0 media platforms with the upcoming release of Markethive 2.0, which includes various new features and an improved layout.
In contrast to traditional social media platforms, which rely on a single, primary news feed algorithmically set by the central authorities, Markethive's innovative approach will incorporate four distinct news feeds tailored to support the diverse range of features and functions within the Markethive ecosystem.
Markethive's feeds, including the Conglomerate or general newsfeed, video content, blogging, and curated content, are all about putting you in control. With advanced algorithms, you can tailor these feeds to your preferences, giving you the power to shape your Markethive experience. Markethive's reach is vast, as it consolidates the various features of other platforms into a single, unified system. Read More
Early Version of Long Awaited Firedancer Solana Validator Is on Mainnet
Meanwhile, the Firedancer validator client has now moved to Solana testnet.
Jump Crypto, a Web3 infrastructure developer, reached a major milestone as an early version of its Firedancer Solana validator client, which has been dubbed “Frankendancer” launches on the Solana mainnet.
During his keynote speech at the Solana Breakpoint event in Singapore, Jump Crypto’s Chief Science Officer Kevin Bowers announced that Frankendancer is now live on the mainnet, while the Firedancer validator is now live on the testnet.
The Firedancer project, led by Jump Crypto, is designed to address Solana's scaling challenges. Jump Crypto has been working on it since 2022.
Frankendancer is a prototype of the full Firedancer validator, which is still under development and undergoing further testing on Solana’s testnet. Read More
Powerledger integrates with Solana mainnet ecosystem
Powerledger’s co-founder John Bulich believes the expansion emphasizes “that sustainability is a common goal that transcends ecosystems.”
Australian energy tech company Powerledger has announced its expansion into the Solana ecosystem, claiming it shares common values with the blockchain network amid wider interest in Regenerative Finance (ReFi).
“At the heart of both Powerledger and Solana is a shared vision of innovation, sustainability and transparency — values that are becoming increasingly critical as the world shifts toward ReFi and sustainability,” a spokesperson for Powerledger told Cointelegraph on Sept. 21.
Powerledger co-founder says ‘crypto can be a force for good’:
ReFi aims to create economic systems that go beyond generating financial returns and focus on restoring and enhancing social, environmental and economic well-being. According to CoinGecko data, the total ReFi market capitalization stands at $110.57 million at the time of publication.
The spokesperson pointed out that the integration aims to increase “the clean energy and sustainability narratives within the blockchain space.”
They further claimed it is a “significant step in aligning financial innovation with planetary well-being.” Read More
Solana Seeker Preview: Everything We Know About the Next Crypto Phone
With a lower price tag than the Saga and upgraded hardware, the Seeker smartphone aims to push Solana's mobile ambitions to new heights.
Solana Mobile’s first crypto smartphone struggled to gain adoption at first, but the subsidiary of Solana Labs is pressing forward with another Android device after a dog-themed meme coin’s sudden rise turned the Saga into an overnight hit last year.
Solana Mobile showed off the Seeker last week at Token2049, a crypto conference in Singapore. It represented the public’s most comprehensive look at Saga’s successor since details surrounding a “cheaper,” crypto-forward smartphone were teased in January under the "Chapter 2" banner.
When it comes to Solana Mobile’s endeavors, the Solana Labs subsidiary is seeking to disrupt an industry dominated by tech names like Apple, Google, and Samsung. Still, the phone caters to crypto users, packing proprietary custody solutions for digital assets and decentralized apps (dapps). Here's what you need to know. Read More
21.co Bitcoin wrapper to add Chainlink proof of reserve
The integration comes as other Bitcoin wrappers face scrutiny for custody practices.
The parent company of cryptocurrency asset manager 21Shares, 21.co, announced on Sept. 23 that it is adding Chainlink’s proof of reserve to 21BTC to address potential concerns about the Bitcoin wrapper’s backing.
Integrating proof of reserves into 21BTC on Ethereum and Solana “protects against malicious minting by embedding cryptographic guarantees that new tokens minted are backed by reserves,” 21.co said.
The announcement follows a wave of skepticism among cryptocurrency retail investors about the safety of the underlying spot Bitcoin backing Bitcoin wrappers, including Wrapped Bitcoin and Coinbase Wrapped BTC (cbBTC).
Chainlink proof of reserves automatically audits financial data — including offchain reserve balances — and transmits that information to a blockchain-based smart contract in real time. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
Featured Image Source: Pixabay
