OKX Invests in Bitcoin Layer 2 Solution, Bitlayer
OKX Ventures invests in Bitlayer, a Bitcoin Layer 2 solution utilizing Taproot and BitVM technologies to enhance transaction scalability and security. OKX Ventures, the venture division of Bitlayer and the leading cryptocurrency exchange OKX, has announced a strategic investment. It is the first BitVM-based Bitcoin security-equivalent Layer 2. Bitlayer’s objective was to enhance the Bitcoin […]
Man City Partners with OKX for Limited-edition Jerseys NFT
Man City football club is introducing the “Unseen City Shirts” nonfungible token (NFT), where supporters can compete for a restricted quantity of exclusive jerseys and matchday experiences. The “Unseen City Shirts” initiative represents the most recent development in an extended collaboration with the OKX cryptocurrency exchange. Depending on the rarity of the NFT, users can […]
Bybit, Binance and OKX Volume Triples Since Late 2023
Bybit data indicates that centralized exchanges (CEXs) growth has not surpassed decentralized exchanges (DEXs), with Uniswap v3’s volumes rising by 320%. Since late last year, trading volumes on global centralized cryptocurrency exchanges (CEXs) such as Binance have increased substantially, according to a new report. From October 2023 to March 2024, numerous CEXs at least tripled […]
OKX Exchange Launches Ethereum Layer-2 Network
OKX cryptocurrency exchange has launched an in-house Ethereum layer-2 network to offer reduced transaction fees and seamless functionality. On April 15, OKX introduced the public mainnet of X Layer, its network powered by zero-knowledge proof technology. Constructed utilizing Polygon’s chain development kit (CDK), the network leverages the Aggregation Layer of the Ethereum scaling protocol to […]
OKX Adds Support For WIF, MEW Spot Trading
OKX exchange lists prominent Solana-based memecoins, including Dogwifhat (WIF) and Cat in a Dog’s World (MEW). The exchange’s announcement on X states that spot trading for WIF and MEW has commenced officially on OKX. OKX customers can now begin trading memecoins against the Tether stablecoin by depositing WIF and MEW tokens onto the exchange. The […]