Weekly Project Updates: OKB Sets Record for Highest Token Burn, DeGods Launches DEGOD Token, Bitcoin Magazine Criticizes Fractal Bitcoin, etc
1. OKX Executes Record 25th OKB Buyback and Burn, Destroying 17.34 Million Tokens link On Wednesday, OKX executed its 25th OKB buyback and burn, with approximately 17.34 million OKB repurchased and destroyed, marking the highest amount ever destroyed. The total value of the destruction amounted to approximately $661 million. OKX had previously stated that the destruction was based on seasonal market and operational performance, but did not disclose specific rules for the destruction process. 2. Worldcoin Tests Facial Recognition Technology for World App Users link Worldcoin has announced that it is testing facial recognition technology for World App users, with initial trials set to begin in select regions. This feature utilizes 1:1 facial matching to ensure that only users who have verified their World ID through Worldcoin’s iris scan can access the app, enhancing the security of online shopping, financial transactions, and secure logins. Currently, World App has nearly 15 million use...