OKX Wallet Feature Update News

[Gold Prices Slightly Retreat Due to Profit-Taking, Market Focuses on U.S. CPI Data] On Tuesday, gold prices slightly declined, primarily as investors opted to take profits after gold hit a new high in the previous trading session. KCM Trade Chief Market Analyst Tim Waterer stated that profit-taking behavior and a weakening inflow of safe-haven funds collectively suppressed gold's short-term performance. He noted that any pullback in gold could be seen as a buying opportunity, especially in the context of the Federal Reserve remaining on a rate-cut trajectory. If the U.S. CPI data released later this week does not show unexpected upward pressure, gold's rally may still have further room to rise.

[British Columbia, Canada, Proposes Permanent Ban on New Crypto Mining Projects] The province of British Columbia, Canada, has announced plans to permanently ban new cryptocurrency mining projects from accessing power supplied by BC Hydro, prioritizing electricity demand for industries such as mining, natural gas, and liquefied natural gas that create jobs. The province has submitted an amendment to energy regulations to the legislature, adjusting the previous policy of suspending new crypto mining project access to a permanent ban. Additionally, starting in the fall of 2025, the province plans to restrict electricity allocation for data centers and artificial intelligence.

[Vitalik Buterin Praises Polygon's Contributions to the Ethereum Ecosystem] Vitalik Buterin posted on the X platform, highly praising Sandeep Nailwal and Polygon for their contributions to the Ethereum ecosystem. He specifically mentioned Polygon's early investment in ZK-EVM technology, its support for highly scalable applications (such as Polymarket), and its critical role in advancing pandemic research projects. Additionally, Vitalik revealed that Sandeep had returned $190 million worth of SHIB donation funds, providing significant financial support for the Balvi project. Vitalik encouraged Polygon to adopt existing ZK technology in the future to further enhance security guarantees.

BBX News, Yesterday Global Listed Companies Deepened their Cryptocurrency Layout Development: Mining computing power increase: Delin Holdings (HKEX: 01709) spent $19.23 million to acquire 2995 Bitmain mining machines, strengthening its computing power reserves BTC Treasury Optimization: Capital B (OTC: CPTLF) increased its holdings of 6 BTC to 2818; Jiuzi New Energy (NASDAQ: JZXN) collaborates with BitFi to develop Bitcoin staking income products Ecological breakthrough: Evernorth plans to raise over $1 billion through SPAC merger, creating the world's largest XRP institutional funding pool Consolidation of AI track: TAO Synergies (NASDAQ: TAOX) holds 54058 TAOs, leading the decentralized AI computing power track The institution invested over 200 million US dollars in a single day, extending its layout to the entire industry chain. Source: bbx.com

[Decrypt: Intensifying Stablecoin Competition in Asia as Companies Vie for Market Dominance] The stablecoin market in Asia is heating up, with multiple top-tier companies actively participating to vie for dominance. Policy testing has become critical, as companies must seek innovation and breakthroughs within regulatory frameworks. The rapid development of stablecoins has drawn market attention, while also facing risks brought by policy uncertainties. (Decrypt)