On July 9, 2016, the second Bitcoin halving occurred, an event that reduces the reward for mining new blocks by half. At the time, the price of Bitcoin was around $650, Drake's 'One Dance' topped the music charts, and the United Kingdom voted to leave the European Union.
๐ On July 9, 2016, the second Bitcoin halving occurred! At the time: ๐ Bitcoin was ~$650 ๐ต 'One Dance' by Drake was the #1 song ๐ฌ๐ง The UK voted to leave the European Union
๐๏ธ OKX Dubai Milestone

**OKX celebrates one year since receiving its VARA license**, marking the UAE as a key global hub for the exchange. **Major achievements in 12 months:** - Opened Dubai office with 100+ team members - Became first licensed global exchange offering retail derivatives in UAE - Built fast fiat-to-crypto infrastructure with banking partners - Secured partnerships with institutions like Standard Chartered The exchange emphasizes **responsible scaling** while building secure digital asset infrastructure from Dubai. [Read more about OKX's UAE anniversary](https://www.okx.com/en-ae/learn/okx-uae-one-year-anniversary-new-office)
New Money App Prepares US Rewards Launch for Crypto Traders
**The New Money App is preparing to launch enhanced rewards for US users**, targeting traders, airdrop hunters, and yield farmers. - New tier of rewards specifically designed for US market - Platform focuses on trading, airdrops, and yield optimization - Launch appears imminent based on recent announcements The app previously introduced **Yield Hunter features** for options trading and return maximization. This upcoming US expansion suggests the platform is scaling its reward systems to meet growing demand from American crypto users. *Stay tuned for the official launch details.*
๐ Ethereum Doubles Down

**Ethereum's Fusaka upgrade is now live**, doubling the block gas limit from 30 million to **60 million**. Key improvements: - **Higher L1 throughput** with built-in safety measures - **Increased blob capacity** for better scalability - **Lower transaction costs** for users The upgrade expands Ethereum's total capacity while maintaining network security. This represents a significant step forward for the network's ability to handle more transactions efficiently. *The Ethereum community celebrates another successful upgrade as the network continues evolving.*
OKX Launches $TRUTH Perpetual Trading with 200K USDT Rewards Pool

**OKX has launched perpetual trading for $TRUTH token**, marking a significant expansion of trading options for this digital asset. **Key Details:** - $TRUTH perpetual contracts now available on OKX platform - Partnership with @getswarmed for promotional campaign - **200K USDT Trade-&-Earn reward pool** launched to celebrate the listing The exchange is incentivizing early adoption through its Trade-&-Earn program, where users can earn rewards based on their trading activity. This follows OKX's pattern of launching promotional campaigns alongside new token listings. [Join the trading competition](https://www.okx.com/campaigns/truth-perp-trading-competition?channelid=ACEAP6502255)
OKX Launches Recurring Buy and Trading Tools in USA

**OKX expands US operations** with the launch of Recurring Buy and essential trading tools for American users. The crypto exchange now offers: - **Recurring Buy feature** for automated dollar-cost averaging - Additional trading tools previously unavailable to US customers - Enhanced access to OKX's trading platform This expansion represents OKX's continued push into the competitive US crypto market, providing American traders with more automated investment options and professional trading capabilities.