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On April 6th, Lennix, OKX Global Business Officer, was invited to attend the "2025 Hong Kong Web3 Carnival" summit and participate in the "Crypto Infrastructure: Present and Future" themed roundtable discussion. Lennix stated in the discussion that the product construction of OKX Web3 wallet is based on two core principles: first, we firmly believe that true self custody will become mainstream in the future, and second, we are deeply embedded in the multi chain ecosystem. It has been proven that we have been very successful in product development because we have invested hundreds of engineers dedicated to product polishing and technological innovation. Lennix pointed out that OKX Web3 wallet is different from other wallets in terms of product positioning. On the one hand, it always adheres to a truly decentralized infrastructure; On the other hand, we also attach great importance to and respond to the expectations and requirements of global regulation. This is the unique challenge that OKX Web3 wallet faces, and it is also our advantage.
OKX-ETH/USDT is currently trading at $1801.09, with a 24-hour decline of 0.52%. Please be aware of market fluctuations.
According to a report by Jinshi, UBS pointed out that in terms of inflation, it is expected that by the end of this year, the tariffs announced by the new government so far may increase prices for American consumers by about 2 percentage points, provided that only a portion is passed on to end consumers. Although higher inflation will pose a challenge to the Federal Reserve, we believe that a significant slowdown in economic growth and potential weakness in the labor market will mean that the Fed will cut interest rates by 75-100 basis points for the remainder of 2025
On April 6th, OKX President Hong was invited to attend the "2025 Hong Kong Web3 Carnival" summit and delivered a keynote speech titled "Learning to Lead Responsibility in Innovation" at the main forum. The speech focused on multiple dimensions such as philosophy, governance, transparency, infrastructure, knowledge, and technology, sharing how OKX Web3 leads innovation in a responsible manner. Hong stated that the achievements of OKX Web3 wallet today are based on comprehensive factors such as at least 3 to 5 years of effort, time accumulation, and technical framework. Security, interoperability, and availability are the three things we are most concerned about. Especially in terms of security, we have recently launched suspicious "black address" recognition and monitoring to identify malicious participants, and we also provide developer tools. She emphasized that OKX Web3 is not seeking to be the number one this year, ranking first in a specific market, or making money in a specific month or year. What we want is long-term participation in the industry, building a sustainable and constructive infrastructure, contributing in a positive way, and bringing value to participants.
Robert Kiyosaki, the author of "Rich Dad Poor Dad," recently posted on social media that the global economic crisis is no longer a future threat, but a real problem. He pointed out that the largest stock market crash in history has already begun, and an economic recession has arrived, which may even further evolve into an economic depression. Kiyosaki stated that the baby boomer generation (born between 1946 and 1964) is facing a time constraint. He pointed out that as this generation no longer has enough time for long-term investment, they should no longer rely on traditional investment methods such as stocks, bonds, etc. He suggested that in the face of the upcoming economic collapse, investors should turn to non Wall Street assets, especially gold, silver, and Bitcoin. In addition, with the collapse of financial markets, paper currency will rapidly depreciate, while gold, silver, and Bitcoin will become true wealth preservation tools. Kiyosaki warns that the Federal Reserve and the Treasury may take large-scale printing measures, further exacerbating the depreciation of fiat currencies, making it particularly important to shift towards these 'hard assets'.