Metis has proposed a governance initiative to pair more liquid staking providers with sequencer nodes. The goal is to accelerate the growth of Liquid Staking Tokens (LSTs) and LST offerings on the Metis network.
For the proposal, the community has until June 10 to review it before it goes up for vote.
Polygon has launched its Polygon Miden Alpha Testnet v2, a new version of the testnet that introduces several new features aimed at enhancing the developer experience.
The testnet is an zkVM rollup that allows individuals to validate state transactions, promoting self-sovereignty and increasing throughput.
The new version incorporates user feedback and developer efforts, and introduces enhanced features and developer-focused upgrades.
The new testnet features enhancements to the Zulu Bridge smart contract, improving security and user experience.
Additionally, users can now pay transaction fees using various tokens, including BTC and ZULU tokens. The testnet also offers improved scalability, optimized performance, and enhanced interface.
Merlin Chain, a Layer 2 network for Bitcoin, has launched the Merlin Phantom, a protocol designed for Bitmap. The Phantom protocol enables swaps between various assets, including BTC, RUNES, and NFTs.
Additionally, Merlin Chain will allow trading of Bitmap Rune Tokens on its decentralized exchange (DEX) with zero gas fees and offer 400,000 $MERL tokens as incentives for farming.
OKX has launched its OKX Simple Earn Fixed product, allowing users to lend and earn interest on a range of cryptocurrencies, including USDT, USDC, BTC, and ETH.
The product enables users to receive interest at a fixed rate and period, with hourly interest accrual and total interest paid at the end of the order period.
The Manta Foundation is supporting collators on Manta Atlantic by delegating 50 million MANTA tokens, which will incentivize collators to contribute to the network's security and growth.
SingularityNET and OriginTrail, a Polkadot parachain, have formed a strategic partnership to develop the Internet of Knowledge, enabling the creation of AI-driven data analysis and enhancing the integrity of AI data.
dWallet Network is bringing its secure and user-friendly multi-chain technology to Aptos. This integration will allow Aptos apps to leverage Zero Trust Protocols (ZTPs), enabling seamless and secure signing of transactions across various blockchains like Bitcoin and Ethereum.
zkSync Era's v24 upgrade was successfully deployed on mainnet, enhancing security and functionality with new features. The upgrade was rolled out smoothly on June 7, after a thorough audit to ensure bug-free features.
The zkSync Bridgehub also aims to facilitate integration with ZK Stack chains.
Base, a Layer2 network, has reached a new all-time high with a total locked value (TVL) of $7.81 billion, surpassing Optimism's TVL and becoming the second largest Layer2 network.
Liquidium, a platform on the Bitcoin blockchain, has launched a closed beta version of Rune lending, allowing users to lend Rune positions on the Bitcoin blockchain.
Orderly Network and Xade Finance have partnered to improve liquidity and trading experience. The integration will allow users to trade perpetual contracts directly in the order book, with full-chain liquidity.
Additionally, Orderly Network has also partnered with Prime Protocol, a cross-chain prime brokerage, to offer Orderly-powered perpetual contracts.
Boomland is expanding its presence in the web3 space. After moving from Polygon to Immutable, Boomland is preparing to launch its BOOM token on the blockchain in Q3 2024.
MoonPay has laid off 10% of its workforce, affecting around 30 employees, citing high cost structures and lower than expected operating profit margins.
Robinhood is planning to acquire Bitstamp in a deal potentially worth $200 million.
The acquisition is expected to close in the first half of 2025 and will bring Bitstamp's exchange, which serves customers in the EU, UK, US, and Asia, to Robinhood.
OHHA is close to confirming an LP burn, pending the final vote results.
The estimated launch time is around 4 hours. The team is asking for participation in a contest, where they will randomly select 5 users who will receive a surprise gift package.
The Sandbox, a metaverse project by Animoca Brands, has raised $20 million in funding, increasing its valuation to $1 billion. The new funding will enhance the platform, provide better opportunities for creators, and expand gameplay options.
The USDe stablecoin, developed by Ethena, has been officially added as collateral on the AAVE lending platform. This means that users can deposit USDe and borrow other stablecoins, or deposit other collateral assets like stETH, ETH, or WBTC and borrow USDe or sUSDe.