OKX Launches X Layer on Public Mainnet to Onboard 50M Users

OKX, a well-known cryptocurrency exchange, introduced X Layer on the mainnet for the first time to the public, with the goal of bringing its large user base of 50 million people into the world of blockchain technology. Hello innovators, architects, and pioneers! 👩‍💻👨‍💻 🚧 We’re making X Layer Mainnet publicly available 🚧 Over 200 dApps … Read more

Spot Bitcoin Price ails to rattle BTC Options Traders

Between the 12th and 13th of April, Bitcoin (BTC) prices dropped by a significant 13.3%. This steep decline forced numerous leveraged traders to sell off their holdings. The result was approximately half a billion dollars in liquidations and a decrease of over $5 billion in open interest. Despite the recent bounce back in Bitcoin’s price … Read more

UK Finance Expands Blockchain Trial for Crypto Payments

UK Finance, an organization that represents the British banking and finance industry via a trade association, is expanding its experimentation with using a common ledger system for recording transactions between financial entities. In the rapidly developing crypto industry, this project aims to enhance and simplify business operations for involved parties. Notable finance companies like Barclays … Read more

Filecoin Investigates $23M Missing from STFIL Protocol

The Filecoin Foundation is currently looking into the unexplained loss of $23 million worth of FIL tokens from the Filecoin Liquid Staking (STFIL) platform. This incident took place following reports that STFIL’s core team was taken into custody by Chinese authorities in early April. Danny O’Brien, a senior figure at the foundation, disclosed on X … Read more

Bitcoin spot price fails to rattle BTC options traders

Between the 12th and 13th of April, Bitcoin (BTC) prices dropped a significant 13.3%, triggering leveraged traders to sell off their holdings. The ensuing market turmoil led to approximately $500 million in forced sales and a decrease of around $5.4 billion in outstanding contracts. Despite the price of Bitcoin bouncing back up to $62,600, some … Read more