OKX, a cryptocurrency exchange, has introduced its own Ethereum layer-2 network in-house. This move allows users to engage with decentralized apps at reduced fees and seamless interoperability, similar to what Coinbase offers. On April 15, OKX introduced the main public network for X Layer, their zero-knowledge proof network. This network was constructed utilizing Polygon‘s chain … Read more
VALR, a cryptocurrency exchange based in South Africa, has recently obtained fresh Crypto Asset Service Provider (CASP) permits from the Financial Sector Conduct Authority (FSCA). These licenses were granted due to recent regulations set by the FSCA that apply to businesses in this sector. VALR, having obtained $55 million in equity investment from investors like … Read more
The project mentioned that the v1.17.31 update on the MainnetBeta would resolve the congestion issues. SOL’s price increased but on-chain activity slowed down. Following a number of days with no action, Solana (SOL) has now rolled out an update intended to address network congestion issues. Based on Solana Status’ latest announcement, validators on MainnetBeta are … Read more
New legislation passed in Norway may lead to increased examination for Bitcoin (BTC) miners, as the country takes steps to regulate data centers. Starting next year, it is required that all data centers in the country undergo official registration. This includes providing details about the center’s management team and the specific digital services offered. Norway … Read more
Hong Kong is making progress towards launching Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) through spot markets, as local regulatory bodies have given the green light to at least three local companies. According to a report from Reuters, the Hong Kong Securities and Futures Commission (SFC) gave conditional approval for the first Bitcoin and … Read more
TON was up by more than 29% in the last seven days. Market indicators looked bearish on TON and bullish on DOGE. TON, the cryptocurrency known as Toncoin, has left investors in awe with its resilience during market downturns. Instead of following the general trend of declining prices, TON‘s charts have stayed positive, displaying an … Read more