Ethereum

Solana

Tornado Cash

Tornado

OKX, a centralized cryptocurrency exchange and Web3 technology company, has announced the expansion of its OKX Wallet capabilities to support blockchain links (Blinks).
According to a press release shared with Cointelegraph, the expansion will support all Ethereum Virtual Machine (EVM)-compatible chains.
It will also facilitate multichain capabilities, enabling blinks across multiple blockchains and making OKX Wallet the first to extend Blinks beyond the confines of Solana.
In a written Q&amp;A with Cointelegraph, an OKX spokesperson explained that social media users will now “find it easier to engage with blockchain transactions.”<hard_break></hard_break>
Related: <a href="https://cointelegraph.com/news/ethereum-whale-deposits-13-2m-eth-okx-speculation" text="null" title="null" rel="noopener noreferrer nofollow">Whale continues $154M dumping spree with 5K ETH deposit to OKX</a>
<h2 id="new-features">New features</h2>
The new integration with Blinks will allow users of OKX Wallet to perform onchain transactions across blockchains without leaving their preferential social media platforms.
According to the press release, users can complete transactions such as token swaps or staking without switching tabs or apps by sharing or clicking on Blinks, specific URLs connected to OKX Wallet product pages.
Jason Lau, chief innovation officer at OKX, explained the importance of the expansion, stating that it “provides the best way to access everything onchain.”
Regarding security measures, the OKX spokesperson told Cointelegraph that methods like “URL verification, encryption protocols and real-time monitoring for suspicious activities” are in place.
<blockquote>
 “Any Blinks not approved by Dialect […] will have a caution indicator, making it clear to users to only interact with approved Blinks.”
</blockquote>
<hard_break></hard_break>Related: <a href="https://cointelegraph.com/news/okx-terminates-tornado-cash-accounts-compliance" text="null" title="null" rel="noopener noreferrer nofollow">OKX cracks down on Tornado Cash users with account terminations</a>
<h2 id="expanded-blockchain-support">Expanded blockchain support</h2>
The expansion is part of a broader collaboration between OKX and Dialect, the team behind Blinks, which “focuses on building tools and features” to improve user experience on Solana.
Lau explained that OKX is “working with partners across both the Solana and EVM ecosystems” to ensure applications are supported to offer users “an ever-expanding range of seamless actions.”
<blockquote>
 “With the addition of multi-chain Blinks, users can now perform even more onchain actions directly embedded in their usual sites and platforms.“&nbsp;
</blockquote>
<hard_break></hard_break>Related: <a href="https://cointelegraph.com/news/bitget-wallet-nigeria-app-store-okx-exit" text="null" title="null" rel="noopener noreferrer nofollow">Bitget Wallet tops Nigeria’s app store as OKX exits market</a>
<h2 id="okx-selects-malta-as-mica-hub">OKX selects Malta as MiCA hub</h2>
On July 18, OKX announced that <a href="https://cointelegraph.com/news/okx-malta-mica-hub-eu" text="null" title="null" rel="noopener noreferrer nofollow">Malta would become its Markets in Crypto-Assets (MiCA) hub </a>to maintain regulatory compliance in the European Union.<hard_break></hard_break>
At the time, Erald Ghoos, the OKX Europe general manager, informed Cointelegraph that the exchange had its “VFA Class 4 license in Malta since 2021.”<hard_break></hard_break>
With a “fully operating team in Malta,” Ghoos explained that the new hub would enable OKX to offer EU users “regulated crypto-assets access” following MiCA requirements.&nbsp;
<hard_break></hard_break>Magazine: <a href="https://cointelegraph.com/magazine/china-crypto-ban-investors/" text="null" title="null" rel="noopener noreferrer nofollow">How Chinese traders and miners get around China’s crypto ban</a>
<hard_break></hard_break>
<hard_break></hard_break>

OKX Wallet expands Blinks to EVM-compatible chains

Table of Contents

Cointelegraph

Other articles published on Aug 15, 2024

Cardano’s Biggest Upgrade Yet: Why New User Growth is Stalling

Marathon Digital buys $249m in Bitcoin after raising $300m from convertible notes

The Journey of Sam Kazemian: How Frax Redefined Stablecoin Stability

Gold Crashes, Bitcoin Rockets, And Peter Schiff Is Not Happy About It

What is Ethena Labs’ USDe Stablecoin?

Investment Bank Jefferies Published Bitcoin Mining Report! Are Miners Making Losses? Here Are the...

Join our free newsletter for daily crypto updates!