DUBAI, United Arab Emirates, Oct. 04, 2023 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for October 4, 2023.
OKX Announces Support for IOTA Network's Stardust Upgrade
OKX today announced its support for the IOTA network's Stardust upgrade. This upgrade will bring significant improvements to the IOTA network, further enhancing its capabilities. IOTA is an open, feeless data and value transfer protocol.
The upgrade took place on October 4, 2023 at approximately 06:00 (UTC), marking an important milestone in the evolution of the IOTA ecosystem. As part of this upgrade, OKX temporarily suspended deposits and withdrawals of IOTA tokens and tokens belonging to its networks starting from 03:00 (UTC) on October 4, 2023. OKX resumed deposits and withdrawals for impacted tokens shortly after the upgrade. Trading of IOTA tokens and tokens belonging to the IOTA network were not affected during this network upgrade.
The Stardust protocol's upgrade on the IOTA network introduced a tokenization framework and the ability to anchor Layer-2 smart contract chains to it. To learn more about the upgrade, click here.
Further information can be found in this site announcement.
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About OKX
OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere.
As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.
The OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.
To learn more about OKX, download our app or visit: okx.com
Disclaimer
This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless.
