According to official sources, the "OKX Web3 Night" event officially kicked off on April 6th, with a lively atmosphere on site. Particle Network/UniversalX CXO Lydia, Haedal founder Luke, and OKX Global Chief Business Officer Lennix attended the event and engaged in a deep roundtable conversation around the theme of "How Far Away is Web3 for All. Luke stated that TGE is an important opportunity for the project to build a community and grow users. But looking at the entire lifecycle of DeFi projects, TGE is just the "adult moment" of starting to use tokenomics to build a complete product. Projects with solid products and strong revenue will gain market recognition and fair pricing. In addition, Luke revealed that the Hadal protocol will undergo TGE in April. Lydia believes that all DApps with true PMF are worth doing again in the form of chain abstraction. UniversalX will collaborate with OKX Wallet to explore the optimal multi chain user experience under non custodial conditions.
Odaily Planet Daily News: According to official sources, the "OKX Web3 Night" event officially kicked off on April 6th, with a lively atmosphere on site. Particle Network/UniversalX CXO Lydia, Haedal founder Luke, and OKX Global Chief Business Officer Lennix attended the event and engaged in a deep roundtable conversation around the theme of "How Far Away is Web3 for All. Luke stated that TGE is an important opportunity for the project to build a community and grow users. But looking at the entire lifecycle of DeFi projects, TGE is just the "adult moment" of starting to use tokenomics to build a complete product. Projects with solid products and strong revenue will gain market recognition and fair pricing. In addition, Luke revealed that the Hadal protocol will undergo TGE in April. Lydia believes that all DApps with true PMF are worth doing again in the form of chain abstraction. UniversalX will collaborate with OKX Wallet to explore the optimal multi chain user experience under non custodial conditions.
Macroeconomic uncertainty, including a global tariff war, is impacting markets, with bitcoin trading under $79,000 and major tokens down 14%.
According to a recent announcement by the Securities and Exchange Commission of Thailand, OKX operating entity Aux Cayes FinTech Co. Ltd. will provide digital asset trading services in Thailand without a license starting from October 15, 2021, and promote it through websites and social media platforms. This behavior violates Article 26 of Thailand's Digital Asset Business Law and constitutes a criminal offense. The case has been transferred to the Economic Crime Investigation Department for handling. If convicted, OKX and 9 related promoters may face 2 to 5 years in prison and a maximum daily fine of 10000 Thai baht.
Odaily Planet Daily News: According to data analyst Ali's monitoring, there have been 76 new addresses holding over 1000 bitcoins in the past two months, with a growth rate of 4.6%, indicating a continuous increase in institutional demand for bitcoin.