Hex Trust partners with Monad Labs to offer custody services for the Monad layer-1 blockchain. This makes Hex Trust the first custodian for Monad’s ecosystem, enhancing secure and efficient transaction processing. #Crypto #Update
Bithumb, South Korea’s second-largest crypto exchange, will list $BRETT and $TAIKO on July 9. $TAIKO is supported by Vitalik Buterin and will start at 2,938 won. $BRETT, a meme coin, will start at 149 won. The listing boosts liquidity and investor interest. #Update
Dubai Customs has unveiled a new blockchain platform enhancing trade transparency and efficiency, spearheaded by Sheikh Hamdan bin Mohammed. This initiative aligns with Dubai’s blockchain strategy, streamlining customs processes and boosting non-oil trade. #Blockchain #Update
1inch Labs launches Web3 RPC API to streamline blockchain development. This tool supports 10 EVM-compatible networks, ensuring stable and reliable interactions without the need for developers to run their own nodes. Enhance your dApp projects with ease. #Update #Web3 #BlockchainDevelopment
Chainlink whales acquired 6.2M $LINK ($76.8M) during last week’s crypto dip, boosting their holdings to 502M LINK (50.29% of total supply). Whale holdings rose by 1.94% (10k-100k LINK) and 4.57% (100k-1M LINK). #Crypto #Update
Open Campus, with support from @animocabrands, TinyTap, and @ForbesWeb3, launches a $1M hackathon on July 8, 2024, to drive dApp innovation on EDU Chain, focusing on DeFi, education dApps, and finance dApps. #Update #BlockchainEducation
Bitfinex Securities to refund investors after raising only $342K of the planned $6.25M for the Hilton hotel tokenization project in El Salvador. The initiative aimed to create 6,000 jobs but faced insufficient investments. This highlights risks in tokenized securities. #Update
? HashKey Group to launch Ethereum Layer 2 mainnet, HashKey Chain, in Q4 2024, using zero-knowledge proof tech for efficient, cost-effective services. Powered by HashKey Cloud, it aims to enhance Web3 scalability and security. Partnerships include Future3 Campus, ThreeDAO, and HashKey Capital. #Web3 #Update
Experts endorse zero-knowledge proofs (ZKPs) and ZK rollups as pivotal for blockchain scalability. These methods enhance privacy and reduce blockchain data loads, with figures like @VitalikButerin leading the charge. Investor interest in ZK tech is soaring. #Update
PHPC stablecoin, tied to the Philippine Peso, is now on Ronin, allowing blockchain game players to use in-game earnings for local transactions. @coinsph and @Ronin_Network enhance gaming finance in the Philippines. #CryptoUpdate
Lido DAO is voting to appoint Dolphin CL, LLC to respond to a lawsuit alleging violations of security laws. The proposal has 51M votes in favor. $LDO price dipped 4.12% to $1.55 amid legal uncertainty. Outcome could set a precedent for decentralized organizations. #Update
Symbiotic Protocol’s TVL has hit $1B within a month of launching its restaking program. Backed by $5.8M from investors like @Paradigm, it supports multiple ERC-20 tokens, boosting its scalability and customization. Holding 210,600 wstETH shows its rapid asset attraction. #Update
Lif3.com partners with evmOS to launch Lif3 Chain, a new L1 blockchain enhancing DeFi security. The platform supports Ethereum, Polygon, BNB Chain, and Fantom via LayerZero bridge, and integrates EVM and IBC protocols for safer smart contract deployment. #Blockchain #Update
Toncoin ($TON) surged 4.5% in 24 hours, 8% over the week, driven by Kazakhstan’s regulatory approval and Pantera Capital investments. Cardano ($ADA) rose 3.5% to $0.418, up 6% weekly, fueled by network upgrades. Both show strong bullish momentum despite market volatility. #CryptoNews
