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Following Grayscale's recent victory against the U.S. Securities and Exchange Commission (SEC), the approval rate for Bitcoin spot ETFs has been raised to 75%. SEC approval rate for Bitcoin spot ETFs rises to 75% In a tweet on August 30th, Bloomberg analyst Eric Balchunas stated that the
Big Cap
Layer-2 solutions are alleviating the burden on the Ethereum mainnet, as evidenced by stable gas fees despite the recent SocialFi trend sparked by friend.tech. Amid friend.tech hype, Ethereum gas fees decrease? In the past, Ethereum gas fees would spike with the introduction of new trends and heightened network
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Offchain Labs has recently introduced Arbitrum Stylus, a toolkit supporting smart contract development with various languages such as Rust, C, and C++ on the Layer-2 Arbitrum. Offchain Labs Introduces Arbitrum Stylus to Integrate Rust Language and WASM Virtual Machine. Image: Arbitrum Specifically, the distinguishing feature of the Arbitrum Stylus toolkit
DeFi
Controversy Erupts After Starknet's Latest Update Following the Quantum Leap updates, while improving transaction processing speeds, the Starknet network has inadvertently found itself embroiled in controversies related to "locking users' assets." Incident Overview On the evening of August 30th, several Twitter accounts criticized the layer-2
DeFi
A class action lawsuit accusing Uniswap of facilitating fraudulent tokens has been dismissed by the court, with the final ruling stating that the DEX is not legally responsible for activities occurring within the protocol. Background of the Lawsuit Filed in April last year, the lawsuit, led by trader Nessa Risley
DeFi
On August 23, 2023, Pendle Finance (PENDLE) officially entered the Real World Asset (RWA) race, introducing a highly promising narrative for the near future. Both Pendle's RWA and Fixed Yield products now support sDAI from Spark Protocol and fUSDC from Flux Finance. Babe wake up, new Pendle RWA
DeFi
Aerodrome DEX Boosts Layer-2 Base TVL by 60% in One Day The liquidity reward program on Aerodrome has attracted $160 million in liquidity to the layer-2 Base network. According to data from DefiLlama, the total value locked (TVL) on the Base layer-2 network has surged by over 60% in the
DeFi
Decentralized exchange (DEX) PancakeSwap has launched a new product branch on the Base network, a Layer-2 solution supported by Coinbase. The PancakeSwap team announced that the decision to expand to Base was made to take advantage of the network's low transaction fees, providing users with a more convenient
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Bitcoin and major cryptocurrencies have seen significant gains over the past 12 hours, following Grayscale's legal victory against the SEC. Cryptocurrency market fluctuations as of 07:58 AM on August 30, 2023. Source: Coin360 Similar to Ripple's legal advantage in its lawsuit with the SEC, which
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Britannia Bank & Trust becomes the third bank in the Bahamas to partner with Tether, following Deltec and Capital Union. Tether collaborates with Britannia Bank to process USD transfers The world's largest stablecoin issuer, Tether, has added Britannia Bank & Trust to handle USD transfers on its platform.
NFT & GameFi
NFT marketplace BlueMove has announced that users should delist their NFTs from the Sei layer-1 blockchain to avoid potential losses. BlueMove Exits Sei Due to Disappointing Trading Volume According to a post on X, BlueMove will cease operations on the Sei blockchain as of 11:00 AM on August 31
Coin68 TV
Polygon Labs has unveiled a new toolkit named Chain Development Kit (CDK), enabling developers to build Layer-2 solutions on Ethereum with Zero-Knowledge Proof mechanisms. Polygon Labs Introduces Layer-2 Chain Development Kit (CDK) The CDK represents an enhanced version of Supernet, a previous chain development toolkit by Polygon. This toolkit facilitates
