Thank you to everyone who joined our recent #community poll! 🤩

It seems like #Base and #Arbitrum are your favourite L2 chains to watch this year. 😎 Both are equally popular among our community members.

We've previously covered the growing #Base ecosystem in our blog too ➡️ https://t.co/8JQkcJ4l9U

Stay tuned for more industry highlights and insights from us! 🙂

#OAX #OAXAcademy #OAXLearn #crypto #digitalassets #web3 #defi #blockchain #web3community #cryptocommunity #cryptocurrency #bitcoin #layer2 #dymension #lightningnetwork

✨ Let's take a look at how #DEXs (Decentralized Exchanges) have been performing recently ✨

In the past 7 days, #DEX total volume has been around $40 billion (based on data from Dune Analytics). The month of May '24 showcases a general decline in decentralized exchanges, coming from a record high of $267.94 billion in March, followed by $118.06 billion in April.

#Ethereum still dominates a majority share of total DEX volume, at around 51.9%. 📊 While in terms of DEX market share, #Uniswap currently holds the top spot at approx 64%.

While challenges do exist, the DEX landscape stilll seems to be evolving and growing with infinite potential for innovation. We've recently touched on various #Layer2 solutions in our blog and the growth of Layer 2 solutions could also potentially lead to more efficiency and scalability in the DEX space. 📈

Read our blog ➡️ https://t.co/7oREpfLZWU

Which DEX in the ecosystem is your current go-to and why? 🙂 Feel free to discuss below.

#OAX #OAXAcademy #OAXLearn #decentralizedexchange #crypto #blockchain #defi #web3 #cryptocommunity #web3community #cryptocurrency #bitcoin #pancakeswap #jupiter #solana #bitcoin #ethereum #cryptomarket

#SocialFi is indeed on the rise, check out our latest writeup for an in-depth look here ➡️ https://t.co/bqcHQhzgU3

SocialFi TVL has been facing a positive uptick recently, but how did it start? 🤔 One of the reasons the popularity of SocialFi has been surging is also tied in with the launch and growth of the #Base #Layer2 chain. 🌐 The chain has paved the way for platforms such as https://t.co/Q4N401UDSf, which has been generating a lot of hype on X and across various #crypto communities.

What are your thoughts on the SocialFi space? Share below! ⬇️

#OAX #OAXAcademy #OAXLearn #cryptomarket #defi #web3 #cryptocommunity #web3community #friendtech #bitcoin #ethereum #cryptocurrency #blockchain #fintech #solana

It's been an eventful #Bitcoin Pizza Day for us! 😉

We are thrilled to have attended the 2024 AWS Summit #HongKong today. 🇭🇰 A lot of industry experts were in attendance to discuss a wide array of topics, ranging from generative #AI to #Web3, and convergence of these industries.

We were pleased to attend one of the sessions where OSL, Hashkey and Sei Foundation shared about their #digitalasset developments with AWS, showcasing more dynamic and agile cycles for the #blockchain space at large. 🌐

Looking forward to more of such events - was definitely great to network with and learn from other industry leaders in the space!

#OAX #crypto #defi #web3community #cryptocommunity #AWS #AWSSummit #cryptocurrency #Hashkey #SeiFoundation #fintech #bitcoin #ethereum #defi

On the 22nd of May way back in 2010, a man in Florida infamously paid 10,000 #Bitcoin for pizza... 🍕

And that 10,000 Bitcoin is worth a whoopin' $700million today. 🤯

Which has led to an annual celebration and commemoration of the day that #Btc was first used for commercial purposes. 🥳

Happy Bitcoin Pizza day to all our community members and beyond! The #crypto space has certainly come far from that momentous day in 2010 and we can't wait for what's next. 🎉

#OAX #BitcoinPizzaDay #cryptocurrency #digitalassets #web3 #web3community #cryptocommunity #fintech #bullrun2024 #blockchain #innovation #memecoin #bullish

Today, we're taking a look at the #SocialFi space. 👥

SocialFi is indeed an innovative concept, merging both the social media and finance space and has recently been taking the #Web3 ecosystem by storm. In a nutshell, SocialFi enables various content creators to monetize their content and influence via smart contracts. With how social media has captured the masses' attention span, this definitely signifies amazing growth potential for this space. 🙂

Read part one of our two-part series: https://t.co/bqcHQhyJ4v

Recently, projects like FriendTech v2 and FantasyTop have been gaining a lot of attention and traction, and OAX Foundation will continue to closely monitor this growing sector within the #digitalassets ecosystem. 🌏 Visit the link above for an in-depth overview.

Watch this space for more. 🌐

#OAX #OAXAcademy #crypto #friendtech #fantasytop #blockchain #cryptocurrency #web3 #cryptocommunity #web3community #bitcoin #ethereum #cryptomarket #socialmedia #finance #fintech

Want to know more about #Bitcoin #Layer2 solutions? Check out this quick overview of the Bitcoin Layer 2 space and for a more in-depth look, read our latest writeup ➡️https://t.co/Tpisq6vWDp

As the #digitalassets space grows and achieves more mass adoption, it's inevitable that demand will increase for faster, cheaper and more user-friendly transactions.

That's where #Layer2 solutions come in. ✅

#OAX #digitalassets #crypto #blockchain #defi #web3 #ethereum #erc20 #btc #lightningnetwork #cryptocommunity #cryptomarket #web3community #OAXAcademy

Hey community members,

Just a reminder if you haven't heard of our Grant Program - if any of you have any amazing ideas or projects up your sleeves that drives an impact to the growing #blockchain ecosystem, we'd love to hear from you! 🌐

Check out our Grant Program page ➡️ https://t.co/EjCIyglRsl

For any queries at all, please don't hesitate to reach out to us. 😄

#OAX #OAXAcademy #OAXLearn #crypto #digitalassets #defi #web3 #grantprogram #cryptocommunity #web3community #foundation

✨ What are Web3 Wallets? ✨

While most crypto veterans would have some level of exposure and usage of #Web3 wallets, those of you who're newer to the space might be exploring Web3 wallets right now and this might be helpful! 🙂

A Web3 wallet is a #decentralized, standalone place to store #digitalassets and interact with web3/#blockchain applications. 🌐 It has become essential for any user who're dealing with their own cryptocurrencies or blockchain-based applications, especially with the rise of decentralized applications (dApps).

There are different types of Web3 wallets in the space and it's crucial to pick one that fits your current level of needs and expertise. ✅ For example, Non-Custodial wallets are recommended for more adept users who want complete control of all their digital assets while Custodial wallets are better for newer users who want a simpler way to manage their assets and ease into the space.

A few popular wallets that you've probably heard of include #MetaMask, #Phantom and #MyEtherWallet. 🪙

As always, with digital assets, it's essential to prioritize security and safety - always keep your private keys safe, try to enforce 2FA whenever you can and be aware of scams/phishing attacks. 🚫

#OAX #OAXAcademy #crypto #cryptocurrency #defi #web3community #cryptocommunity #bitcoin #ethereum #NFT #solana #cryptomarket #funfact #dApps

Hey community members! With all the hype on Spot #Bitcoin and #Crypto ETFs these days, here's a reminder that you can stay easily updated on some of these #ETFs on @Notifs_app 🔥🚀 Pretty simple and fuss-free experience for anyone who's looking to regularly check on how these ETFs go! 😉 If you haven't yet, here are the DL Links ⬇️ Appstore: http://apple.co/3L5uL3h Playstore: http://bit.ly/NotifsPlaystore As always, stay tuned for more #NotifsApp updates on their platforms. 🥳 #OAX #NotifsGazer #BitcoinETFs #cryptoETF #digitalassets #cryptocurrency #web3 #defi #blockchain #solana #cryptocommunity #cryptomarket #web3community #tracking #bullrun2024

What a truly exciting month for the #digitalassets space! 🤩 There was the milestone of the Bitcoin Halving earlier in the month and just today - Hong Kong has officially debuts Spot Crypto ETF trading! 🇭🇰🎉 Six spot Bitcoin and Ethereum exchange traded funds (ETFs) have just launched today, offering Asian investors more exposure to digital assets. 🌐 Read our recap of the month in our April community updates here ➡️ https://www.oax.org/2024/04/30/April-2024-Community-Updates.html In our own updates, we've also newly launched our Instagram page 😉 we hope to bring you more fun & informational snippets of the ecosystem, remember to follow us ➡️ http://www.instagram.com/oax_foundation Here's to hopefully another great month ahead! 🥳 #OAX #OAXAcademy #OAXLearn #NotifsApp #crypto #bitcoinhalving #bitcoin #bitcoinETF #hongkongETF #cryptoETF #ethereum #cryptocurrency #web3 #defi #finance #ETFs #web3 #cryptocommunity #stockmarket

We recently launched a #community poll asking you guys what you’ve been most excited for this year in #crypto, and here are the results of your votes! 🎉 It seems like a majority of you were looking forward to the #BitcoinHalving this month 😉 closely followed by a growing interest in up-and-coming ecosystems. Watch this space for more! #OAX #OAXAcademy #OAXLearn #digitalassets #blockchain #bitcoin #Layer2 #cryptocommunity #web3 #web3community #defi #cryptocurrency

The Base ecosystem is certainly growing, but will the infrastructure sustain its momentum? 🚀 We've previously highlighted Base ecosystem, but today we'll be going into more detail and depth. Recently, #Base has underwent a remarkable growth marking over 4.75 million transactions and 400k signups in just a month alone. 📈 The growth is partially attributed to the hype of #memecoins - with some focus of traders shifting from #Solana to Base. In this latest writeup, we dive deeper into the rise of $Base, its potential, concerns and upcoming growth trajectory. Link to read: https://www.oax.org/2024/04/22/Key-Highlights-of-the-Base-Ecosystem.html Where do you see Base heading post #Bitcoin #Halving throughout the rest of the year? 🙂 Feel free to discuss below! ⬇️ #OAX #OAXAcademy #OAXLearn #crypto #digitalassets #layer2 #memecoin #cryptocommunity #web3 #web3community #defi #bullrun #halving #blockchain

Happy #Bitcoin Halving day! The 4th Bitcoin Halving in history is finally here! ⛏️🚀 The Bitcoin network has successfully underwent its planned programmed reduction in newly issued #BTC. The #cryptocurrency community has been eagerly anticipating this event, with all eyes on the space on the weeks leading up to this significant milestone. 🔥 Where do you think Bitcoin and the #digitalassets space will head next? 😉 Read more: https://decrypt.co/227229/bitcoin-halving-live-new-era-btc #OAX #bitcoinhalving #crypto #halving #defi #web3 #blockchain #cryptocommunity #web3community #bullrun2024 #eth

JUST IN: #HongKong has approved several spot #Bitcoin and #Ethereum #ETFs, managed by China Asset Management, Harvest Global, Bosera and #Hashkey today. 🎉 Apart from providing investors with more asset allocation opportunities, this move also marks a great milestone for the #digitalassets ecosystem in the region, reinforcing Hong Kong’s position as a hub for Virtual Assets. 🇭🇰 Source: https://www.theblock.co/post/288237/hong-kong-approves-first-batch-of-spot-bitcoin-ether-etfs-in-drive-to-become-crypto-hub #OAX #OAXAcademy #OAXLearn #crypto #web3 #defi #blockchain #virtualassets #cryptoetf #bitcoinetf #CryptoCommunity #Web3Community #fintech #ETF #btc #eth

Today, we're taking a look at the new #Wormhole ecosystem. 🌎 It's no secret that #crypto is going more #multichain these days. Wormhole is positioning itself beyond a bridge - positioning itself as a development platform in the market that provides flexibility and interoperability. 🌐 Just recently, Wormhole has hit a major milestone with 1B multichain messages, which is the highest among any cross-chain messaging system. Wormhole supports close to 30 disparate chains as a bridging solution, and is on most major EVM chains. ✅ However, when its native W token finally launched last week as a native #Solana token that was bridged to other #blockchain ecosystems with Wormhole's own tech, there was significant hype around its debut airdrop and also a subsequent price dip of over 50%. 📉 Despite the token price movements, it is still early days for the project and we are keeping our eyes peeled on how developments go. What do you think of Wormhole's potential growth in the asset bridge and multi-chain development space? 🧐 #OAX #OAXAcademy #OAXLearn #cryptocurrency #defi #web3 #bitcoin #ethereum #cryptocommunity #web3community #fintech #bridge #bullrun2024 #cryptomarket #cryptonews

Hi community members, As promised, Part 3 of our 3-part series on Spot Bitcoin #ETFs in the ecosystem is live ➡️ https://www.oax.org/2024/04/10/Part-Three-of-Spot-Bitcoin-ETFs-Highlights.html The latest in the series highlights recent Spot #Bitcoin ETF updates, Grayscale's significant contribution to net outflows and future additional approvals and adoption from other big players in the industry. 🌐 And that concludes our 3-part series on Spot Bitcoin ETFs - did you enjoy part one and two as well? 🙂 But that's not all - Stay tuned for future highlights on the space on our social media channels, we'll continue to drop insights on developments in the space! 😉 #OAX #OAXAcademy #OAXLearn #crypto #BitcoinETF #digitalassets #blockchain #web3 #defi #regulations #bullrun #cryptomarket #cryptocommunity #web3community

… Our OAX Foundation Instagram page is now LIVE! 🥳 We are hoping to share project updates, campaigns and fun tidbits on the #digitalassets ecosystem on our IG, so please follow and support us 🤩 Link: https://www.instagram.com/oax_foundation We will see you there! 😉 #OAX #OAXFoundation #crypto #web3 #digitalassets #blockchain #defi #bitcoin #cryptocommunity #Web3Community #solana #cryptomarket #fintech #trending