LATEST: OKX Wallet Expands to 100 Protocols with TON Integration

Crypto exchange OKX has reached a significant milestone by adding The Open Network (TON) to its OKX Wallet, marking its support for 100 blockchain networks. The OKX Wallet now stands as the most secure self-custody wallet, enabling users to manage, swap, and transfer assets across a multitude of chains. This integration highlights OKX’s dedication to its “onchain, any chain” philosophy and supports over 10,000 decentralized apps and 500,000 tokens.

Haider Rafique, OKX’s Chief Marketing Officer, emphasizes the ease of exploring diverse crypto ecosystems through native integrations, aimed at simplifying user experiences in accessing new networks and early incentives. The wallet’s expansive reach also includes over 400 decentralized exchanges.

Celebrating this 100-chain achievement, OKX Wallet will distribute 100,000 free NFTs titled ‘Centenary Milestone POAP’ to its Web3 community, underlining its ongoing commitment to enhancing accessibility and user engagement in the digital asset space.

LATEST: Trump Aims for U.S. Leadership in Crypto Race Ahead of China

Former U.S. President Donald Trump expressed strong support for the cryptocurrency industry, emphasizing its importance for the country’s global competitiveness in a recent interview. Trump highlighted the need for the U.S. to lead in the global crypto race, warning that failing to embrace crypto could cede ground to countries like China, which are advancing rapidly in the sector.

Despite previously holding skeptical views, Trump now views crypto as integral, noting its enduring presence and announcing plans for additional NFT releases after previous successful launches. These NFTs, styled as trading cards, offered unique perks like pieces of his suit or ties, reflecting Trump’s engagement with digital assets.

Trump praised the foundational strength of the U.S. crypto industry, citing recent developments such as his campaign accepting cryptocurrency donations, which totaled $3 million last quarter. He also pledged support for bitcoin miners and has garnered support from prominent figures in the crypto community, including Gemini’s Winklevoss twins, Ark Invest’s Cathie Woods, and Kraken’s Jesse Powell.

Interview

Bitcoin, Ethereum, Dogecoin Continue Collecting Gains: ‘If History Repeats, September/October Will Be Explosive,’ Says Expert

Cryptocurrency markets are trading higher, with long liquidations spiking to the highest level in over a week.

CryptocurrencyPriceGains +/-Bitcoin BTC/USD$65,168.3+2.8%Ethereum ETH/USD $3,474.3+1.7%Solana SOL/USD$161.7+3.8%Dogecoin DOGE/USD$0.1259+3.5%Shiba Inu SHIB/USD$0.00001954+5.6%

Notable Statistics:

IntoTheBlock data shows large transaction volume increasing 82.2%, while transactions greater than $100,000 surged from 5,590 as of July 14 to 8,516 as of July 15. Notably, 91% of Bitcoin holders are currently in profit, with the remaining 9% at breakeven.

Coinglass data revealed 73,154 traders liquidated in the past 24 hours for $229.3 million. Long liquidations ($91.3 million)… Read more on Benzinga

On the Margin Newsletter: The one thing you missed from the Fed’s June meeting

Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter.

Welcome to the On the Margin Newsletter, brought to you by Ben Strack, Casey Wagner and Felix Jauvin. Here’s what you’ll find in today’s edition:

We revisit the Fed’s last economic projections ahead of next week’s FOMC meeting. 
There’s a new name on the Trump ticket, and many crypto fans are pleased. 
Sources indicate a possible launch date for US spot ETH ETFs.

Did the Fed just secretly increase their target?

I’ll be honest. When the FOMC meeting happened last month, I was caught flat-footed. 

In the days…

Read more on Blockworks

LATEST: 8 Million Bitso Users Gain Bitcoin Lightning Access Through Lightspark

Latin America’s leading crypto exchange, Bitso, has announced a strategic partnership with Lightspark to integrate the Bitcoin Lightning Network, promising near-instant Bitcoin transactions for its massive user base. This collaboration is set to revolutionize the experience for over 8 million retail clients and 1,700 institutional customers by offering faster, more affordable transfers. With 53% of Latin American crypto wallets holding Bitcoin, this move aligns perfectly with regional trends.

The implementation leverages Lightspark’s advanced infrastructure while maintaining security, as Bitso controls the private keys through a remote signing setup. This integration marks a significant stride in global adoption of the Lightning Network, which enhances Bitcoin transactions making them smoother and cheaper.

Daniel Vogel, Bitso’s CEO, expressed excitement about the partnership, emphasizing its alignment with Bitso’s mission to make crypto transactions more practical and economical. Lightspark CEO David Marcus also highlighted the shared vision of crafting open payment networks, signaling a breakthrough for Bitcoin usage across Latin America.

Source