Global Policy Updates
United States Treasury Recommends Digital Dollar Adoption
The U.S. Treasury has proposed adopting a central bank digital currency (CBDC), signaling potential regulatory advancements for crypto infrastructure.
India's CBDC Pilot Launch
The Reserve Bank of India collaborates with public banks and fintech firms to initiate a digital rupee pilot, expanding blockchain integration in traditional finance.
Russia Moves Toward Crypto Payment Legalization
Russia's Ministry of Finance announced plans to legalize cross-border cryptocurrency payments, potentially easing sanctions-related financial constraints.
Project Developments
Ethereum's Milestone: Bellatrix Hard Fork Activated
- Event Date: September 6
- Final Merge Timeline: Vitalik Buterin estimates completion between September 13–15, marking Ethereum's transition to Proof-of-Stake.
Uniswap V3 NFT Trading Volume Surpasses $300M on Polygon
Decentralized exchange Uniswap achieves record NFT trading volumes, highlighting Polygon's scaling capabilities.
Lido Proposes Cross-Chain Staking for Cosmos
A new community proposal suggests expanding Lido's liquid staking services to Cosmos ecosystems, enhancing interoperability.
Major Fundraising Rounds
| Company | Funding Amount | Focus Area |
|---|---|---|
| Bessemer Venture Partners | $385M | Early-stage tech startups |
| Whampoa Group | $100M | Digital asset investments |
| Mysten Labs | $300M | Web3 infrastructure |
OKX Platform Updates
Brand Campaigns
- "What is OKX" TVC Launch: Featuring F1 champion Daniel Ricciardo, football strategist Pep Guardiola, and snowboarding world champion Scotty James.
👉 Watch the full TVC here - Ethereum Merge XSpace Event: Co-hosted with TokenInsight, discussing investment strategies for ETH's transition.
Product Enhancements
Spot Trading
- New Listing: Lido DAO (LDO) trading pairs went live on September 2.
Derivatives
- Fee Reductions: Lowered USDC trading fees effective September 8.
- LUNC Integration: Added leverage trading and perpetual contracts for Terra Classic (LUNC).
Earn Products
- High-Yield Staking: New options include ELF, EGLD, and SKL with up to 10% APY.
- USDC Rewards: Fixed 10% APY for first 2,000 USDC staked.
Web3 Wallet
- NFT Marketplace: Hosts over 130M NFTs with historical IGO performance tracking.
OKC Chain Metrics
- Weekly Transactions: 488,900 (~69,800 daily)
- New Addresses: 5,469 (~781 daily)
Market Outlook
Bitcoin surged 10% to $21K this week, with BTC dominance rebounding. Key factors to monitor:
- U.S. Inflation Data: August figures may influence Fed加息 decisions.
- ETH Merge Volatility: Prepare for potential price swings post-merge.
FAQ Section
Q: How does the Ethereum merge affect ETH holders?
A: The merge transitions Ethereum to PoS, reducing energy use by ~99.95%. Existing ETH tokens remain valid.
Q: What’s the advantage of OKX’s USDC staking?
A: First 2,000 USDC earns guaranteed 10% APY, with flexible withdrawals.
Q: When will Lido’s Cosmos staking launch?
A: Pending community vote; follow OKX’s official channels for updates.