OKX’s X Layer lets users build their own crypto markets
OKX’s Ethereum-compatible Layer 2 network X Layer has introduced Exchange OS, a protocol upgrade that lets developers, institutions, and ecosystem teams deploy their own trading venues. Summary X Layer launched Exchange OS to let developers create spot, perpetual, and outcome…
Ethereum Foundation Is “Not the Center of Ethereum,” Claims Vitalik Buterin
Vitalik Buterin said that the Ethereum Foundation will become a “smaller ship” that pushes for “longevity over breadth.” Ethereum co-founder, Vitalik Buterin, said the Ethereum Foundation (EF) is moving toward a smaller, more focused role within the broader ETH…
Chris Larsen XRP wallets go active near midterms
Chris Larsen’s XRP wallets have resumed on-chain activity ahead of Tuesday’s Texas primary runoff. Summary Ripple co-founder Chris Larsen’s associated XRP wallets have shown renewed activity, coming ahead of Tuesday’s Texas Democratic primary runoff election. Larsen is estimated to hold…
ETH Battles 100-Day MA as $2K Support Holds the Key
Ethereum is trading at $2,120 as the final week of May begins, caught in a tug-of-war with the 100-day MA that encapsulates everything frustrating about this cycle. Having briefly reclaimed the moving average in late April for the first time…
Paul Graham says Warren crypto stance was own goal
Paul Graham, co-founder of Y Combinator, says Warren’s anti-crypto crusade was a ‘pure own-goal’ for Democrats. Summary Paul Graham posted on X that Senator Elizabeth Warren’s campaign against crypto was a “pure own-goal” that damaged Democrats without slowing the industry’s…
CZ Denies Viral Rumors of Surfing Accident in Dubai
CZ noted that a safety boat always follows him when he kitesurfs, making the scenario of being dragged out to sea implausible. Changpeng Zhao (CZ) has denied viral rumors of his disappearance after he was allegedly caught in a…
Crypto PAC pours $5M into Texas runoff on May 26
A crypto PAC affiliated with Fairshake has poured $5 million into a Texas congressional runoff ahead of Tuesday’s vote. Summary Protect Progress spent $5 million supporting Christian Menefee and $2.8 million opposing Al Green in Tuesday’s Texas 18th District runoff….
XRP Community Gets a Harsh Warning as Bitcoin Dominance Tightens
The analyst is saying that XRP has badly lagged Bitcoin despite several months of optimism from parts of the community. XRP has spent the better part of three months going nowhere while Bitcoin (BTC) climbed from around $60,000 to…
Zcash privacy tested as Arkham tracks 53% of ZEC
Zcash privacy claims faced a direct challenge after Arkham Intelligence linked 53% of ZEC transactions to identified entities. Summary Arkham Intelligence labeled over 53% of all Zcash transactions and linked $420 billion in ZEC volume to identifiable individuals and institutions….
Coinbase CEO Reveals What Still Needs to Change Before Finance Truly Evolves
Brian Armstrong discussed several areas where he believes the financial system still needs major modernization. Coinbase CEO Brian Armstrong said the financial system still requires major upgrades, as he emphasized that significant technological innovation and policy work will be…
