Crypto exchange OKX’s Dubai subsidiary received a virtual asset service provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA) for exchange services. While the company was awarded the license, OKX highlighted that it would remain “non-operational” until it could fulfill the regulator’s requirements. Rifad Mahasneh, OKX’s general manager for the Middle East and North…

SUI, the native token of the Sui layer 1 smart contract platform is making waves in the DeFi sector after posting a 300% move in three months. SUI price and traders’ attention fell to the wayside in October 2023 amid allegations of supply manipulation from South Korean regulators, but recent technical and on-chain data suggest that SUI’s…

Ethereum co-founder Vitalik Buterin has sparked discussion on how various layer 2 scaling solutions are classified, claiming that the blockchain’s validiums are not genuine rollup solutions. On Jan. 16, Buterin agreed with a comment posted to X (Twitter) by Daniel Wang, the founder of the Ethereum rollup solution Taiko, who said if an Ethereum rollup…