Category: Cryptocurrency

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DUBAI, UAE, March 15, 2024 /PRNewswire/ — OKX, a leading crypto exchange and Web3 technology company, has issued updates for March 15, 2024.

OKX to List ether.fi Protocol’s ETHFI on its Spot Market

OKX today announced that it will be listing the ether.fi protocol’s ETHFI token on its spot market on March 18 at 8:10 PM (UTC +8), enabling users to trade ETHFI against USDT. Deposits for the token were enabled today at 2:00 PM (UTC +8).

ether.fi is a protocol that allows users to stake ETH and receive eETH, a natively restaked liquid staking token that fuels DeFi and decentralizes Ethereum. When a user holds eETH, they receive ETH staking rewards, ether.fi points and EigenLayer points. In addition, they retain custody of their token and can engage in various DeFi applications with partners such as Aave and Pendle.

For more information, please visit the Support Center.

For further information, please contact:
Media@okx.com

About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliable crypto apps in the world.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

The OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: okx.com

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SOURCE OKX

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SINGAPORE, March 15, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, has issued updates for March 15, 2024.

OKX today announced that its OKX Wallet is now integrated with Portal, a bridge that offers transfers across chains for tokens and NFTs wrapped by Wormhole, enabling the users to complete cross-chain transfer for crypto assets, via OKX Wallet.

Portal Bridge is a bridge leveraging Wormhole’s interoperable platform that offers brilliant features and advanced technology, including:

• Cross Chain Exchange:  Using Wormhole Connect, developers can build an exchange that allows deposits from any Wormhole connected chain, massively increasing the liquidity their users can access.
• Cross Chain Governance: NFT collectors on different networks can also vote on a combined proposal, allowing them to pick a “voting” chain, and use Wormhole to communicate votes cast on their disparate chains to the voting chain.
• Cross Chain Game: Games can be built and played on a performant network like Solana, and issue rewards  as NFTs on a different networks such as Ethereum.

 Portal Bridge integrated OKX Wallet as an official on-chain entrance to provide token and NFT cross-chain transfers for all the OKX Web3 Wallet users. Portal Bridge is an application built on top of Wormhole that allows users to bridge tokens through Portal. The original token gets locked in a smart contract, and a new Portal wrapped token gets minted on the target chain. Users can swap those for other/native tokens on the target chain.

For more information, please visit the OKX Support Center.

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

• OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world’s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.

To learn more about OKX, download our app or visit: okx.com

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Cetera among the first wealth management firms to deliver comprehensive education, training and resources addressing rapidly growing investment products

Policy represents a “prudent embrace” of bitcoin ETFs and the latest Cetera offering to help financial professionals best serve their clients and strategically grow their business

SAN DIEGO, March 14, 2024 /PRNewswire/ — Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, announced today that it has introduced a new policy regarding the usage of bitcoin ETFs in brokerage accounts. The policy includes education and resources designed to help affiliated financial professionals guide their clients in incorporating bitcoin ETFs into their investment portfolios. Cetera is among the first wealth management firms to roll out a formal policy on bitcoin ETFs as exponentially more investors are exploring the products and investing in bitcoin.

“As expected, we are prudently embracing bitcoin ETFs and we prioritized developing this important guidance to help our financial professionals implement these products in client portfolios,” said Matt Fries, head of investment products and partner solutions at Cetera. “Today’s investors have increasingly complex needs, and our investment products team is here to support our financial professionals across the investment spectrum. We will continue to proactively evaluate the implications of bitcoin ETFs and related products and modify our policies accordingly, and we look forward to partnering with our financial professionals to adopt bitcoin ETFs when appropriate with their clients.”

Cetera has approved usage of the following spot bitcoin ETFs: Invesco Galaxy Bitcoin ETF (BTCO), Franklin Bitcoin ETF (EZBC), Fidelity Wise Origin Bitcoin Fund (FBTC), and Blackrock iShares Bitcoin Trust (IBIT). The selected funds are sponsored by leading ETF providers with track records of successfully launching new product strategies, and are well positioned with established resources, tools and knowledge. Training will be available for financial professionals on Cetera’s award-winning AdviceWorks portal starting on March 25.

Cetera’s new program follows exponential growth of bitcoin ETFs among investors. Approximately 50 million people own bitcoin, as of February 2024, according to the number of unique addresses with non-zero balances of bitcoin. This represents an increase of 20 million users compared to 2023.

Visit www.cetera.com for more information.

About Cetera

Cetera Financial Group, which is owned by Cetera Holdings (collectively, Cetera), is the premier financial advisor Wealth Hub where financial advisors and institutions optimize their control and value creation. Breaking away from a commoditized and homogenous IBD model, Cetera offers financial professionals and institutions the latest solutions, support, and services to grow, scale, or transition with a merger, sale, investment, or succession plan. Cetera proudly serves independent financial advisors, tax professionals, licensed administrators, large enterprises, as well as institutions, such as banks and credit unions, providing an established and repeatable blueprint for scalable growth.

Home to more than 12,000 financial professionals and their teams, Cetera oversees more than $475 billion in assets under administration and $190 billion in assets under management, as of December 20, 2023. In a recent advisor satisfaction survey of more than 32,000 reviews, Cetera’s Voice of Customer (VoC) program vigorously measures advisor experience and satisfaction 24/7. Currently, it’s ranked 4.8 out of 5 stars.

Visit www.cetera.com, and follow Cetera on LinkedIn, YouTube, Twitter and Facebook.

“Cetera Financial Group” refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), and Cetera Financial Specialists LLC. All firms are FINRA/SIPC members. Located at: 655 W. Broadway, 11th Floor, San Diego, CA 92101.

Important Disclosure Information

Cetera does not offer any direct investments, endorsements, or advice as it relates to Bitcoin or any crypto currency.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the prospectus and summary prospectus, which can be obtained from a financial professional and should be read carefully before investing.

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SOURCE Cetera Financial Group

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SINGAPORE, March 14, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, today added support for the Atomicals (ARC-20) Bitcoin inscription standard on its Inscription Market, formerly known as Ordinals Market. This addition offers users an enhanced range of options to create, buy and sell inscriptions across an expanding roster of token standards.

ARC-20, an emerging Bitcoin inscription standard, makes it possible to represent fungible token assets on the Bitcoin blockchain. This colored coin standard enables each satoshi (the smallest unit of Bitcoin) to represent token ownership units. Examples of ARC-20 inscriptions currently available for trading on OKX’s Inscription Market include top market cap tokens such as Atom and Quark, as well as popular collections like TOOTHY, Capybaras and many others.

The integration of ARC-20 into OKX’s Inscription Market follows the addition of ARC-20 and Stamps (SRC-20) support on OKX Wallet on March 5 and February 14, 2024, respectively, enabling users to view and transfer these innovative inscription standards. OKX Wallet also added viewing and transfer support for the Rune Alpha inscription standard on March 12. In the coming weeks, the OKX Wallet and Inscription Market will add support for Doginals (DRC-20), with the addition of Runes support to follow post-Bitcoin halving.

OKX Chief Innovation Officer Jason Lau said: “OKX is the best place to discover and trade Ordinals and Inscriptions. Our Inscription Market continues to improve by including support for leading protocols like Atomicals. And, there’s more to come with Doginals and Runes. We’ve developed and refined this feature based on users’ feedback and can’t wait to hear their thoughts.”

These enhancements position the OKX Marketplace as the industry’s leading one-stop marketplace, boasting zero-fee trading across a rapidly growing range of token standards. OKX Wallet’s inscription tool already supports inscription minting on 23 networks, including Bitcoin, Dogecoin, Ethereum, Polygon, BNB Chain, Avalanche-C, Arbitrum One and many others.

For further information, please contact:
Media@okx.com

About OKX

A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:

• OKX Wallet: The world’s most powerful and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includesMPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-poweredSmart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 400+ other DEXs and approximately 20 bridges, with 200,000+ coins and more than 20 blockchains supported.
• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.

OKX partners with a number of the world’s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.

As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.

To learn more about OKX, download our app or visit: okx.com

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• Assets Under Management Growth: Valour has experienced a significant rise in its AUM, reaching a record of C$838 million. This represents an increase of 19.8% since February 28th and builds upon a 57.8% growth from January 2, 2024.
  
• Surging Demand for Regulated Digital Asset Products: The surge in AUM highlights robust demand for Valour’s comprehensive suite of regulated exchange-traded digital asset products. This indicates the effectiveness of the company’s strategy in aligning offerings with investor interests. Recently launched ETPs include Valour Internet Computer (ICP), Valour Ripple (XRP), and Valour Binance (BNB) ETPs.

TORONTO, March 14, 2024 /PRNewswire/ – DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (NEO: DEFI) (GR: MB9) (OTC: DEFTF), a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi“), is pleased to announce that its subsidiary Valour Inc. (“Valour“), a leading issuer of exchange traded products (“ETPs“) that provide simplified access to digital assets, has reached $C838 million in assets under management (“AUM”) as of March 14th, up 19.8% from February 28th and marking a significant 57.8% increase since the beginning of the year.

This noteworthy growth underscores the increasing interest and confidence in the digital asset market. Valour’s expansion in AUM can be attributed to the consistent demand for its innovative ETP solutions among investors looking to gain exposure to digital assets in a regulated framework.

In addition to the notable growth in AUM, Valour has recently expanded its product lineup with the launch of several new exchange-traded products. These include Valour Internet Computer (ICP) Physical Staking, Valour Ripple (XRP), and Valour Binance (BNB) ETPs. These recent additions demonstrate Valour’s commitment to providing a diverse range of top investment opportunities in the digital asset space.

DeFi Technologies and Valour remain at the forefront of the evolving digital asset market, contributing to the mainstream adoption of digital assets through regulated, secure, and accessible investment products.

DeFi Technologies Inc. (NEO: DEFI) (GR: MB9) (OTC: DEFTF) is a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi).
With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Backed by an esteemed team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionizing the way individuals and institutions interact with the evolving financial ecosystem.

Join DeFi Technologies’ digital community on Linkedin and Twitter, and for more details, visit https://defi.tech/ 

Valour Inc. issues exchange traded products (ETPs) that enable retail and institutional investors to access digital assets like Bitcoin in a simple and secure way via their traditional bank account. Established in 2019, Valour is a wholly owned subsidiary of DeFi Technologies Inc. (NEO: DEFI) (GR: MB9) (OTC: DEFTF).

In addition to their novel physical backed digital asset platform, which includes 1Valour Bitcoin Physical Carbon Neutral ETP and 1Valour Ethereum Physical Staking, Valour offers fully hedged digital asset ETPs with low to zero management fees, with product listings across European exchanges, banks and broker platforms. Valour’s existing product range includes Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Ripple (XRP), Enjin (ENJ), Bitcoin Carbon Neutral (BTCN), Valour Digital Asset Basket 10 (VDAB10) and 1Valour Internet Computer (ICP) Physical Staking ETPs with low management fees. Valour’s flagship products are Bitcoin Zero and Ethereum Zero, the first fully hedged, passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlyings which are completely fee free.

For more information, subscribe, or receive company updates and financial information, visit valour.com.

Cautionary note regarding forward-looking information: 
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the Offering; growth of AUM; breakdown of AUM holdings; development of ETPs; future demand for ETP’s; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by DeFi and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour exchange traded products by exchanges; growth and development of decentralised finance and cryptocurrency sector; rules and regulations with respect to decentralised finance and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities offered under the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

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SOURCE DeFi Technologies Inc.

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