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OKX unveils exclusive Layer-2 blockchain powered by Polygon

OKX launches its Layer-2 blockchain, leveraging Polygon’s technology, to enhance digital transaction efficiency. Leading crypto exchange OKX has introduced its own exclusive Layer-2 blockchain , the X1 chain , leveraging technology from Polygon. This move places OKX in a growing league of exchanges actively developing secondary networks to enhance the efficiency and cost-effectiveness of digital asset transactions. Hot Off The Press We're thrilled to introduce #X1, our new Ethereum L2 network built on Polygon's CDK. Our landmark collab. with @0xPolygonLabs empowers next gen. devs. with increased security, scalability & low transaction costs to BUIDL the future of Web3. pic.twitter.com/Wkz11vu2be — OKX (@okx) November 14, 2023 This strategic step by OKX follows the trend set by major players like Coinbase, which launched its Base blockchain in August, quickly attracting developer and user interest. Bloomberg reports that Kraken, another major exchange, i...

Binance and other crypto exchanges list Worldcoin (WLD)

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Binance has announced it will list Worldcoin’s native token WLD, which is already available on Huobi, OKX, and Bybit.  Binance revealed the planned listing of the WLD token in a blog post on July 24, stating that spot trading for pairs WLD/BTC and WLD/USDT opened on July 24 at 9:00 UTC.  While users can start depositing the token on the platform, Binance announced that withdrawals would also tentatively open on July 25. Worldcoin’s token will be added as a borrowable asset with WLD/USDT as the isolated margin pair. This feature will open on July 26.  You might also like: OpenAI CEO’s Worldcoin set to launch on July 24 Apart from Binance, Worldcoin has had a broad rollout across many crypto exchange s. Deposits and trading are already open on Huobi and Bybit, with the former supporting  WLD/USDT trading pair, while the latter supports WLD/USDT and WLD/USDC trading pairs.  Bybit announced that withdrawals would be available on July 25 starting 10:00 am...