OKX has upgraded its X Layer blockchain to a permissionless Exchange OS that supports spot, perpetual futures, and prediction markets with a unified cross-market account and single fund pool. This upgrade aims to combine the speed and liquidity of centralized exchanges with the autonomy of decentralized models for market builders. While similar to Hyperliquid’s design, OKX denies direct competition claims. The native token OKB surged 15% following the update but faces potential resistance at a key technical level. This move could help OKX scale its platform amid strong competition from Hyperliquid, which leads in revenue and market share in this space.
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
