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SINGAPORE, Aug. 19, 2023 (GLOBE NEWSWIRE) — OKX, a number one Web3 know-how 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 into a substitute for conventional insurance coverage companies by providing a variety of merchandise that defend customers towards good contract vulnerabilities.
With this integration, OKX Pockets customers can now entry the next products by way of internet extension and Discover:
- Protocol Cowl: This product protects customers’ belongings which can be 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, internet and internet extension. It permits customers entry to three,000+ cryptocurrencies, 60+ networks, 1000’s of DApps and a one-stop decentralized NFT Market.
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About OKX
A number one world know-how firm driving the way forward for Web3, OKX gives a complete suite of merchandise to satisfy the wants of rookies and consultants alike, together with:
- OKX Wallet: The world’s strongest, safe and versatile crypto pockets which provides customers entry to over 50 blockchains whereas permitting them to take custody of their very own funds. The pockets consists of 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 provides customers entry to NFT listings throughout seven top-tier marketplaces together with OpenSea, MagicEden, LooksRare and Blur.
- Web3 DeFi: A strong DeFi platform that helps incomes and staking on 80 protocols throughout 15 chains.
OKX companions with quite a lot of the world’s high manufacturers and athletes, together with: English Premier League champions Manchester Metropolis F.C., McLaren Method 1, The Tribeca Pageant, Olympian Scotty James, and F1 driver Daniel Ricciardo.
As a pacesetter constructing progressive know-how merchandise, OKX believes in difficult the established order. The corporate lately launched a world model marketing campaign entitled, The System Needs a Rewrite, which advocates for a brand new paradigm led by Web3 self-managed know-how to interchange current centralized programs.
To study extra about OKX, obtain our app or go to: okx.com
Disclaimer
The knowledge displayed is strictly for instructional and informational functions solely. It doesn’t represent and shall not be thought of as a proposal, 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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