Crypto Bytes: Top 10 Breaking News from Cryptoverse 

  • Manta is the 44th project on Binance’s Launchpool, and it enables users to farm MANTA tokens by staking FDUSD and BNB. 30M MANTA tokens are available as rewards from the MANTA Launchpool.
  • Hitachi America, Ltd. has joined Hedera Council. It will contribute its vast experience in industrial solutions to improve the use of distributed ledger technology (DLT) across a range of industries.
  • Polygon zkEVM, with an emphasis on boosting DeFi and DApp growth, launches into Stage 2 Beta. Many projects will be onboarded throughout the two-month period, which will also increase network throughput and prepare the ground for additional engagement initiatives in Stage 3.
  • Jupiter Teases a Meme Coin Drop on Solana and Finally Sets a Date for the JUP Airdrop Later this month, about a million Solana DeFi users will have the opportunity to claim JUP in an airdrop, and Jupiter has hinted at the debut of a meme coin as well.
  • Renzo, an Ethereum restaking protocol built on EigenLayer, raised $3.2M in seed money.
  • By the end of Q1 2024, Taiko plans to launch its final testnet, Katla, ahead of the mainnet release. Combining elements of ZK-rollups with optimism, Katla presents a novel rollup design known as multi-proof based contestable rollup.
  • Aave v3 deployment on Neon EVM is a proposal under consideration by the Aave governance forum. The Neon Foundation and the Aave Chan Initiative submitted the proposal.
  • Fantom reduces the amount of staking required by 90% in an effort to boost security. The Fantom Foundation anticipates that the modifications will strengthen Fantom’s security without causing the network to lag.
  • As owners dump $330 million in TUSD, the TrueUSD stablecoin has depegged. Yesterday, TUSD fell as low as $0.98 because holders are busy exchanging their tokens for USDT.
  • A Second Crypto Smartphone Will Be Sold by Solana Mobile. Saga successor will include new technology at a lower price point.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Mehar Nayar

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