Kraken is launching the Ink blockchain on Optimism without a native token by 2025, aiming to enhance DeFi speed and lower costs. This infrastructure-first approach could set a new trend in the crypto world. #Update
Dubai is the place to be as blockchain wizards convene at Binance Blockchain Week 2024! Expect mind-blowing talks from industry icons like Khalfan Belhoul and Jeremy Allaire. Is the future of blockchain more sci-fi than ever? #Blockchain #Humor
Vitalik Buterin’s Verge update enhances $ETH node accessibility by enabling stateless client verification on small devices. This revolutionary approach could boost decentralization and security, facilitating efficient blockchain operations even on smartwatches.
Ripple pledges $1M to enhance crisis aid with $RLUSD stablecoin and blockchain, partnering with @RESCUEorg. This initiative aims to improve cash relief efficiency in 40+ countries, setting a new standard for crisis response.
Andre Cronje of Sonic Labs criticizes L2 appchains for high costs and fragmented liquidity, citing $14M in infrastructure expenses. Marc Boiron suggests Polygon’s AggLayer could solve these issues, offering an interoperable network for developers.
Taiwan to launch a digital asset custody pilot for banks by 2025. The FSC prioritizes security and anti-money laundering protocols. Three banks show interest in managing assets like Bitcoin and Ethereum, positioning Taiwan as a fintech leader.
OKX unveils OKX OS, a game-changing toolkit for multi-platform blockchain development. Partnering with Axelar, it boosts cross-chain interoperability, paving the way for scalable, secure, and flexible decentralized apps. #Update
?? Web3 & blockchain projects attract a whopping $730M in September, led by Celestia Foundation’s $100M! Even AI ventures like Safe Superintelligence got a slice. The future is decentralized… and smart! ? #Crypto #Humor
Coinbase ($COIN) launches Coinbase Wrapped BTC (cbBTC) on Solana, expanding from Ethereum and Base networks. cbBTC, backed 1:1 by Bitcoin, aims to leverage Solana’s high-speed, low-cost transactions, boosting accessibility and the Solana ecosystem.
Coinbase launches Coinbase Wrapped BTC (cbBTC) on Solana, expanding from Base and Ethereum. cbBTC, an ERC-20 token backed 1:1 by Bitcoin, enhances user flexibility and access. Coinbase Q2 2024 revenue more than doubled to $1.45B.
Circle integrates $USDC on the Sui blockchain, boosting liquidity and user engagement. Sui, launched in 2023, is known for simplicity and key partnerships. USDC now supports 15 networks with over $35B in circulation.
Crypto analyst ZachXBT criticizes many Layer 1 block explorers, calling for major improvements in functionality and user experience. Top-tier explorers include Blockchair for Bitcoin and OKLink for EVM chains, while Cosmos and Algorand explorers are deemed low-quality.
Balance raises $30M to innovate blockchain gaming with AI. Investors @a16z, @galaxyRTK, and @animocabrands back the platform to enhance infrastructure, expand the Web3 ecosystem, and support over 150 games for 4.2M users.
Blockchain and AI projects raised $821M in August, with $80M led by Story Protocol and $640M for AI startup Groq, now valued at $2.8B. Binance Labs was the most active investor, backing 11 startups.
