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SINGAPORE, Aug. 19, 2023 (GLOBE NEWSWIRE) — OKX, a number one Web3 expertise firm, has issued updates for the day of August 19, 2023.
OKX Pockets Now Built-in with Nexus Mutual, An Ethereum-Based mostly Decentralized Insurance coverage Protocol
OKX Pockets has built-in with Nexus Mutual, an Ethereum-based decentralized insurance coverage protocol. The protocol goals to turn out to be a substitute for conventional insurance coverage corporations by providing a variety of merchandise that shield customers towards sensible contract vulnerabilities.
With this integration, OKX Pockets customers can now entry the next products by way of net extension and Discover:
- Protocol Cowl: This product protects customers’ belongings which are deposited right into a single protocol towards a variety of loss occasions, corresponding to hacks, exploits, oracle failure, liquidation and governance assaults.
- ETH Slashing Cowl: This product secures customers’ validators with cowl that protects towards slashing penalties.
OKX Pockets is a common crypto pockets out there on a number of platforms and interfaces, together with app, net and net extension. It allows customers entry to three,000+ cryptocurrencies, 60+ networks, hundreds of DApps and a one-stop decentralized NFT Market.
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About OKX
A number one international expertise firm driving the way forward for Web3, OKX supplies a complete suite of merchandise to fulfill the wants of freshmen and consultants alike, together with:
- OKX Wallet: The world’s strongest, safe and versatile crypto pockets which supplies customers entry to over 50 blockchains whereas permitting them to take custody of their very own funds. The pockets contains MPC technology which permits customers to simply get well entry to their pockets independently, eradicating the necessity for conventional, ‘written down’ seed phrases.
- DEX: A cross-chain decentralized change which aggregates practically 200 different DEXs, with 200,000+ cash on greater than 10 blockchains out there.
- NFT Marketplace: A multi-chain, zero-fee NFT market that offers customers entry to NFT listings throughout seven top-tier marketplaces together with OpenSea, MagicEden, LooksRare and Blur.
- Web3 DeFi: A robust DeFi platform that helps incomes and staking on 80 protocols throughout 15 chains.
OKX companions with numerous the world’s high manufacturers and athletes, together with: English Premier League champions Manchester Metropolis F.C., McLaren Formulation 1, The Tribeca Competition, Olympian Scotty James, and F1 driver Daniel Ricciardo.
As a frontrunner constructing progressive expertise merchandise, OKX believes in difficult the established order. The corporate just lately launched a worldwide model marketing campaign entitled, The System Needs a Rewrite, which advocates for a brand new paradigm led by Web3 self-managed expertise to exchange current centralized techniques.
To be taught extra about OKX, obtain our app or go to: okx.com
Disclaimer
The data displayed is strictly for academic and informational functions solely. It doesn’t represent and shall not be thought of as a suggestion, solicitation or advice, to deal in any merchandise (together with any NFT or in any other case), or as monetary or funding recommendation. Each OKX Web3 Pockets and OKX NFT Market are topic to separate phrases of service at www.okx.com.
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