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Many voices within the crypto community are criticizing Optimism for alleged missteps in selecting projects for distributing OP tokens. Crypto Community Expresses Discontent over Optimism’s Latest Project Funding Round. Photo: Optimism In addition to announcing the upgrade of Canyon to the mainnet on the morning of January 12, the
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Injective, a layer-1 blockchain built on Cosmos infrastructure, has recently released a mainnet upgrade named Volan. Injective Deploys Volan Upgrade, Enhancing Connectivity with Cosmos Chains. Photo: Project Website The focus of this upgrade includes integrating software modules to support Real World Assets (RWA) on-chain, which encompass tangible assets like commodities,
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Polygon zkEVM, the Zk-Rollups solution originally championed by Ethereum co-founder Vitalik Buterin, has announced a transition to a new phase in its development journey. Polygon zkEVM Enters New Phase After 10 Months on Mainnet. Photo: Polygon Technology In an announcement early morning on January 12th (Vietnam time), Polygon zkEVM outlined
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Following the first day of Bitcoin spot ETF trading, Grayscale has transferred $183 million worth of Bitcoin to Coinbase. Grayscale Moves $183 Million in Bitcoin to Exchange, BTC Price Adjusts to $43,200. Photo: Grayscale Website On the evening of January 12th, the cryptocurrency community circulated information indicating that Grayscale,
NFT & GameFi
Social media platform X (Twitter) has reportedly ceased support for setting NFTs as profile pictures, nearly two years after introducing the feature. According to reports from several X users, the platform seems to have stopped supporting NFTs as profile pictures. Many users who previously had NFTs as their profile pictures
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Finally, after much anticipation, on January 11 (Vietnam time), the U.S. Securities and Exchange Commission (SEC) officially approved the launch of 11 Bitcoin spot exchange-traded funds (ETFs) from major Wall Street players, including Ark Invest, BlackRock, Bitwise, VanEck, WisdomTree, Invesco & Galaxy, Fidelity, and Valkyrie. SEC Officially Gives Green
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Leading cryptocurrencies have all risen following the SEC approval of Bitcoin spot ETFs, with Ethereum (ETH) and its ecosystem tokens showing the strongest gains. Cryptocurrency Price Movements as of 09:15 AM on 11/01/2024. Source: Coin360 As reported by Coin68, in the early hours of January 11, the
DeFi
The restaking project EigenLayer will continue to raise the token deposit cap for Liquid Staking Tokens (LSTs) on its platform while announcing three new supported assets. EigenLayer has expanded its support to include three new Liquid Staking Tokens (LSTs): sfrxETH (from Frax Finance), mETH (from Mantle), and LsETH (from Liquid
DeFi
In a recent discussion on Reddit, Vitalik Buterin made new proposals regarding the gas limit on Ethereum. The Ethereum founder suggested increasing the maximum gas limit per block by 33%. Based on current figures, this proposal would raise the limit from 30 million gas to 40 million gas. @VitalikButerin just
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Thanks to Bitcoin's recent surge to new highs, El Salvador's investment in this cryptocurrency has not only broken even but also recorded a profit of approximately $10 million. El Salvador's Bitcoin Investment Portfolio Shows Temporary Profit of $10 Million. Image: DigFin Benefiting from Bitcoin&
DeFi
The Starknet community has overwhelmingly approved a proposal to use the STRK token for transaction fees. Starknet Approves Use of STRK Token for Transaction Fees In a vote concluded on January 8, the Starknet community passed a proposal to allow the use of the STRK token for transaction fees on
DeFi
Leading Ethereum lending protocol Aave is seeking community input on supporting PayPal's PYUSD stablecoin. Since its launch in August 2023, PYUSD, the stablecoin issued by global digital payments giant PayPal, has struggled to find its footing in the cryptocurrency sector. Consequently, its issuer Paxos has been working on
