The OKB token will be used for gas fees on the new chain, which comes as rival crypto exchanges including Coinbase and reportedly Kraken are pursuing their own layer-2 project...
The announcement of a new blockchain following the earlier release of a proof-of-reserves report pushed OKB higher. BTC and ETH benefited from short covering.
Martin Leinweber, MarketVector Indexes Digital Asset Product Strategist, breaks down the coins that demonstrated relative strength through 2022, including centralized exchange...