Crypto Bytes: Top 10 Breaking News from Cryptoverse 

Arbitrum DAO deletes proposal as token holders expressed concerns about potential legal risks associated with a donation of up to $1.28M in cryptocurrency to Tornado Cash developers.

Leading provider of custody solutions for digital assets, Cobo, and Manta Network announced their collaboration to deliver a full range of custody options, from full custody to MPC-based co-managed custody. Will guarantee the safe storage and staking of MANTA tokens.

Following weeks of increased’sandwich assaults’ on Solana users, Jito Labs, a Solana SOL client developer, has eliminated the mempool made available through the Jito Block Engine.

In an expedited governance proposal, MakerDAO has modified the Maker Protocol’s temporary fees to support the Dai stablecoin amidst market turbulence. Maker has raised the Dai saving rate from 5% to 15% in an effort to lessen sell pressure on the stablecoin based on dollar.

Wyoming provides legal status to DAOs. With the passage of the measure, DAOs would have the legal standing to enter into contracts, create bank accounts, appear in court, and pay taxes.

Less than two months after its inception, spot Bitcoin ETFs have seen cumulative trading volume reach $100 billion. Over the past two weeks, volumes have increased dramatically; on Monday, buying and selling activity for spot bitcoin ETFs came close to reaching $10 billion.

Pre-market trading for Aevo’s own forthcoming coin has begun. On March 13, the token is scheduled to go live, with less than 5% of the total supply reserved for users.

In order to use blockchain technology for the gaming business, Ubisoft has teamed up with XPLA and joined as a node validator. The goal of this partnership is to revolutionise Web3 gaming by improving network integrity and efficiency.

Tools for Humanity, the Worldcoin developer, has launched a lawsuit to challenge Spain’s recent three-month prohibition on its data gathering and usage within the nation.

QuickSwap, has debuted on the Immutable zkEVM mainnet, the Layer 2 EVM ZK-rollup Web3 gaming chain of the future. Designed with gamers and developers in mind, users may now access it for DeFi. QuickSwap is a popular DEX built on Polygon.

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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