- OKX Wallet upgrades Fractal BRC-20 protocol services.
- Services anticipated to resume by May 30, 2025.
- Enhances Bitcoin ecosystem capabilities.
The upgrade holds significance as it enhances OKX’s capabilities within the Bitcoin ecosystem, potentially affecting users and trading volumes temporarily.
OKX Wallet is undergoing a significant upgrade for its Fractal BRC-20 protocol initiated on May 20, 2025. Users may experience temporary disruptions during this period, which highlights the operation’s scale. According to the OKX Wallet team,
During the upgrade period, users may experience delays in status updates related to their BRC-20 assets on the Fractal Bitcoin network.
The OKX Wallet team is responsible for the Fractal BRC-20 protocol service upgrade. This initiative focuses on expanding token creation and management on the Bitcoin blockchain through a Layer 2 protocol.
During the upgrade, users may face delayed status updates for their BRC-20 assets. Temporary market volume reductions might occur as interactions with the Fractal Bitcoin network are limited.
The protocol update is expected to showcase OKX’s commitment to enhancing BRC-20 token management capabilities. Historical precedents from 2023 indicate the wallet’s consistent service improvements.
Service improvements could lead to enhanced transaction efficiency and functionalities once the upgrade reaches completion. Users should anticipate streamlined operations with their BRC-20 assets post-upgrade.
About the author
AI Key to Web3 Competitiveness, Says Gate CEO
Gate.io's CEO Dr. Han states AI will drive Web3's future, enhancing usability and integration.
Binance Initiates First Alpha Box Airdrop Event
Binance launches Alpha Box airdrop, starting at 18:00 UTC, requiring 242 points minimum.
Hong Kong SFC Introduces New Virtual Asset Regulations
Hong Kong's Securities and Futures Commission, led by CEO Julia Leung Fung-yee, announced new virtual asset regulations at Consensus 2026, introducing margin financing and perpetual contracts for select investors.
European Parliament Endorses Digital Euro With Dual Functionality
Pasquale Tridico and 48 EU lawmakers led the February 10, 2026 move in the European Parliament to endorse a digital euro proposal with online and offline capabilities.
Galaxy Digital CEO Predicts Decline in Cryptocurrency Speculation
Galaxy Digital's Mike Novogratz anticipates a shift from speculative to institutional investments in cryptocurrency.
Crypto.com CEO Acquires AI.com for $70 Million in Crypto
Crypto.com CEO Kris Marszalek acquired AI.com for $70 million in cryptocurrency. Unverified claims of a subsequent $500 million offer arise.
Related
SEC Gives Some Self-Custody Crypto Apps 5-Year Relief
The SEC gave some self-custody crypto apps temporary relief from broker rules until April 2031. Here is what qualifies, what is excluded, and why it matters.
Circle CEO Jeremy Allaire Sees Opportunity for a Yuan-Backed Stablecoin
Circle CEO Jeremy Allaire says a yuan-backed stablecoin could present a tremendous opportunity. Here is the key context, why the remark matters, and what it could mean for crypto markets.
Senator Thom Tillis Says He Is ‘Guardedly Optimistic’ on Stablecoin Legislation
Senator Thom Tillis said he is "guardedly optimistic" about stablecoin legislation and expects to schedule a next step, signaling movement in the crypto policy debate.
Top Crypto News for Wed, Apr 15: CLARITY Act Deadline, Senate Gridlock
Top crypto news for Wed, Apr 15, led by the CLARITY Act's two-week deadline, Senate gridlock, and the wider market and policy themes shaping crypto.
White House Study Challenges Stablecoin Yield Ban as Senate CLARITY Stakes Rise
A White House study is undercutting the case for a stablecoin yield ban, adding pressure to the Senate as CLARITY-related crypto policy debate intensifies.
OKX Europe Unveils X-Perps, a Regulated Perpetual-Style Crypto Product
OKX Europe CEO Erald Ghoos introduced X-Perps, a regulated perpetual-style crypto derivatives product aimed at expanding access in Europe.
