- With the mainnet activation of the Ethereum Layer 2 network Blast, users could now withdraw their money. More than 180,000 early adopters have already locked over $2.3 billion in value onto the system.
- Ethereum Second Layer StarWare, the company behind Starknet, revealed that it is developing Stwo, an open-source zero knowledge prover. Lower latency and processing expenses are features of the prover’s design, which eventually translates into lower blockchain transaction fees.
- OP Mainnet, Base, and Zora are just a some of the Optimism-based chains that experienced the Delta hardfork. According to OP Labs, the improvement led to significant fee savings that were consistent with early estimates.
- Blockchain game MixMob on Solana, has revealed that it has obtained a licence to utilise the unidentified stormtrooper mascot made popular by the Star Wars film series. The action represents the start of a “formal licencing strategy.
- Twenty-two companies applied for licences to operate as cryptocurrency exchanges in Hong Kong. OKX, Bybit, Bullish, http://Crypto.com, Huobi HK, and Matrixport HK were among the applicants.
- According to reports, Binance has been required to pay the Nigerian government at least $10 billion. It asserts that Binance made money off of “illegal transactions” at the expense of the nation.
- In just seven weeks since it started trading, BlackRock’s IBIT spot BitcoinETF has amassed $10B in assets under management. Thursday saw the second-largest daily inflows into IBIT at $603.9M; however, $598.9M in outflows from Grayscale’s GBTC more than offset this.
- Recommendations for regulating global stablecoins have been made by the Bank for International Settlements. GSCs are stablecoins that have gained widespread acceptance and have the potential to be utilised in several jurisdictions.
- Over $30 billion worth of value has been recorded by decentralised lending procedures. This represents a turnabout from the lowest moment of the 2022 cryptocurrency crisis, when lending TVL sharply dropped.
- Leading cryptocurrency miner BitFuFu has declared that, after merging with Arisz Acquisition Corp., it will list as a publicly traded business on the Nasdaq stock exchange.
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.
