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
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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
Hong Kong Boards the ETF Express
The jurisdiction is the latest to approve exchange-traded funds for bitcoin, giving a boost to BTC.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
‘I’m a Pro-Freedom Candidate’: John Deaton on his Senate Race With Elizabeth Warren
The election pits a fierce crypto advocate against one of its biggest political opponents. Deaton is a speaker at this year’s Consensus festival, in May.Source
Free Money? Polymarket Bet Pays 8.7% if China Doesn’t Invade Taiwan
Betting against that outcome could yield almost 8x as much as Taiwan government bonds. Plus: Mideast turmoil barely changes presidential odds.Source