Solana-based decentralized exchanges (DEXs) have seen a notable increase in trading activity, with their volume exceeding the $1 billion threshold. According to DEX Screener, the current trading volume is $1.23 billion, marking a substantial rise from last week’s average volume, under $1 billion.
The U.S. Securities and Exchange Commission will seek $2 billion in penalties from Ripple, the fintech firm’s chief legal officer has announced.
Stuart Alderoty said on Twitter on Monday that the top regulator will seek the fine from a judge tomorrow.
On April 16, 2024, crypto exchange OKX announced the mainnet launch of its layer 2 (L2) network named X Layer. Built on Ethereum and powered by zero-knowledge (ZK) technology, X Layer integrates with the OKX Exchange and the OKX Web3 Wallet.