Business
OKX’s 50 million users can withdraw tokens from the exchange to its “X Layer” to transact on onchain applications built on the layer 2 scaling solution.
Bitcoin
Inflows into Hong Kong’s newly-approved bitcoin and ether ETFs could be hindered by regulations barring mainland China investors from purchasing them.
Tech
Picasso, which aims to be an interoperability network and a restaking layer for Solana, has leveraged the IBC protocol to connect Solana and Cosmos, allowing liquidity to flow between the two blockchain ecosystems.
Four Hong Kong-based asset managers have been given the green light to launch spot Bitcoin and Ethereum ETFs.
A volatile weekend for risk assets saw bitcoin traders lose millions of dollars on their long positions as the market leading digital asset retrace to a multi-week low of $61,000.
DeFi
While EIP-3074 offers a potential leap in the Ethereum wallet user experience by enabling batch transactions and smart contract-like features, some experts have concerns about its security and long-term impact.
With a week (or so, depending who you ask) to go before the fourth Bitcoin halving, there’s still no consensus on when it’ll happen.
Some miners have even started to broker large bitcoin transactions using their own mining pools.
Ethereum
As Ethereum celebrates its one-year Shapella anniversary, here’s a breakdown of how the network has changed.
The Pac Finance team said it is in touch with impacted users on developing a plan to mitigate their issues, after the developer wallet implemented a parameter change without warning that triggered $26 million worth of liquidations.