Crypto Exchange OKX’s Polygon-Powered Layer 2, ‘X Layer,’ Hits Public Mainnet
The news about X Layer comes as other major cryptocurrency exchanges, like Coinbase and Kraken, have also pursued their own layer 2 networks over the last year.Source
There Are Many Bitcoin Critics Left in Finance, Despite BlackRock’s Newfound Love
At a recent gathering of investors in Miami, skepticism remained high even after finance titan BlackRock’s shift toward touting the original cryptocurrency.Source
Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF
The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn’t been fully forthcoming about those interactions. So, Sens. Elizabeth Warren (D-Mass.) and Chuck Grassley (R-Iowa) are demanding more.Source
Ether, Altcoins Remain Under Pressure Following Volatile Weekend
Bitcoin has also given up some of its early Monday bounce, returning down to the $64,000 level.Source
Crypto Exchange VALR Obtains South African License
The Pantera-backed crypto exchange is among the first to receive regulatory approval in South Africa, alongside Luno and Zignaly.Source
Protocol Village: Mayan Finance, Cross-Chain Swap Auction Protocol on Solana, Raises $3M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 11-17.Source
Gold-Backed PAXG Token Spikes to $2.9K Amid Geopolitical Tensions
Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge, according to one observer.Source
Bitcoin Falls 8%, Drops Below $62K Before Rebound
Bitcoin and the broader cryptocurrency market fell nearly 10% on Saturday.Source