Discusses advancements, use cases, and technical aspects of blockchain technology, not limited to financial applications.
“Breaking: UwU Lend Protocol, founded by Frog Nation’s ex-CFO 0xSifu, hacked for $19.3M in digital assets. Major cryptocurrencies liquidated on Uniswap. Highlights ongoing DeFi security challenges. #Crypto #Update $WBTC”
Tether’s $USDT supply on @ton_blockchain surged by $580M in under two months, reaching $519M. Growth driven by ease of transactions and increased investor interest. Binance’s integration also expanded access. #Update #CryptoNews
.@BinanceLabs invests in aPriori to boost blockchain performance. The funding will help reduce gas fees, optimize network traffic, and enhance validator incentives. This marks a key step in advancing liquid staking and the overall crypto ecosystem. #Update
Binance Labs invests in Particle Network to enhance Web3 user experience and liquidity. The project features Universal Accounts for multi-blockchain asset management and plans a mainnet launch in Q2 2025. #Update #Web3 #Blockchain
Cardano’s Node 9.0.0 launched, paving the way for the Chang hard fork. Key features include on-chain governance via CIP-1694, Plutus enhancements, and DReps drafting a Cardano Constitution. This solidifies $ADA as the most decentralized blockchain. #Update
GMX, the on-chain exchange, proposes a new revenue model for its GMX token, replacing ETH buybacks with GMX buybacks to enhance long-term value and preserve real-yield advantages for users. GMX ranks 45th in blockchain revenue.
Icebreaker, an open-source professional network by Coinbase and Google alumni, raised $5M in seed funding at a $21M valuation. The platform uses blockchain for secure endorsements and credential verification, aiming to rival LinkedIn.
Binance Labs invests in aPriori, an MEV-powered liquid staking protocol for Monad, to enhance security, optimize performance, and decentralize the blockchain, reducing gas fees. This underscores Binance Labs’ commitment to advancing blockchain technology.
Ethereum, launched on July 30, 2015, by Vitalik Buterin, celebrates nine years of innovation. Transitioning from Proof-of-Work to Proof-of-Stake in 2022, the network reduced fees with the Dencun update in 2024. ETH now trades over $3300, down from $4868 in 2021.
MarketAcross and Chainlink Labs partner to boost crypto adoption for financial institutions. Key feature: proof of reserve for CETH holders, enhancing transparency and trust. ARKB sees $2.6B net inflows, highlighting growing crypto investment. This collaboration strengthens the crypto ecosystem and encourages institutional involvement.
21Shares integrates Chainlink’s Proof of Reserve to verify Ethereum ETF reserves, enhancing transparency and security for investors. This partnership, announced by CEO Johann Eid, enables real-time, decentralized verification, marking a significant advance in digital asset trust and adoption.
Jito (JTO) has surpassed Lido (LDO) in 24-hour fee generation, earning $3.27M compared to Lido’s $2.94M. However, Lido still leads weekly fees with $20.83M against Jito’s $11.12M. JTO rose 0.58% to $3.16.
This week, crypto funding highlights include Riot Platforms’ $92.5M acquisition of Block Mining, NPC Labs’ $18M raise led by Pantera Capital, and Caldera’s $15M to simplify Ethereum rollups. Total VC funding exceeds $210M with other key raises from aPriori, Mezo, and OpenSocial.
Tether’s $USDT supply on the Telegram-linked The Open Network ($TON) blockchain has surged to $580M, with $519M in circulation in under 2 months. The increase follows Binance’s support and TON surpassing Ethereum in daily active addresses. Tether faces scrutiny over alleged fraud. #Update
