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Cryptocurrency Exchange OKX Coming Out With Layer 2 ‘X1’ Built on Polygon Technology

The OKB token will be used for gas fees on the new chain, which comes as rival crypto exchanges including Coinbase and reportedly Kraken are pursuing their own layer-2...

Reddit Token MOON Rockets 150% Amid Hopes of Revival

MOON supply will be topped at 83 million tokens and moderators say they will continue to develop tools to help value accrual.

UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says

The Financial Conduct Authority on Monday published a discussion paper with proposals for a stablecoin regime.

CBDCs Are ‘Central’ to Innovating Financial Systems, BIS Chief Says

Central banks will have a limited role to play relative to the private sector in CBDC issuance, BIS general manager Agustín Carstens said.

Market Sees 59% Odds Sam Bankman-Fried Is Found Guilty on All Charges – But There’s a Catch

Traders on crypto-powered Polymarket have bet a grand total of $4,512 on the question, underscoring the current limitations of prediction markets.

UK’s National Crime-Fighting Agency Seeks Six Crypto Investigators

A crime bill passed last week gives law enforcement agencies more powers to seize and freeze crypto.

Digital Pound Consultation Received Over 50,000 Responses, With Privacy a Major Concern

Many of the respondents outlined concerns around privacy, programmability and the decline of cash, Jon Cunliffe, deputy governor of the Bank of England said.

Ethereum’s Dencun Upgrade Is a Step Toward a Scalable Settlement Layer: Goldman Sachs

The upgrade will enhance the blockchain’s scalability using rollups, will optimize gas fees and improve the network’s security, the report said.

Sam Bankman-Fried’s Defense May Depend on Character and Fact Witnesses

The FTX founder will call six witnesses to kick off his defense, a filing said.

DYdX, Decentralized Crypto Exchange, Open Sources ‘V4’ Code for Upcoming Cosmos Chain

This marks the first step in initiation of the v4 upgrade, where the DEX is transitioning away from its layer-2 network atop Ethereum onto its own standalone blockchain.