Weekly Project Updates: EigenLayer Achieves Record TVL, Wormhole Launches Governance, StarkWare Backs Bitcoin Scal…
1. EigenLayer TVL Surpasses $2 Billion, Continues to Achieve Historic Highs link EigenLayer’s Total Value Locked (TVL) has surpassed $2 billion, marking a historical high and solidifying its position as the second-largest DeFi protocol by TVL, just behind Lido. Currently, approximately 16.15% of staked ETH is in a re-staking state. Last month, EigenLayer launched the EIGEN token with an airdrop, although the tokens are currently non-transferable. 2. zkSync Announces Prover Network Milestone, Invites Hardware Teams to Join link zkSync has announced a milestone for its Prover Network, with plans to begin testing integration in early Q3 of this year. In mid to late Q3, they aim to complete proof verification in the first phase, followed by real-time proof verification in the latter part of Q3. By early Q4, they anticipate entering the third phase for Live testing verification, with completion of Live verification by the end of Q4. Concurrently, zkSync is inviting hardware teams to join the Prover Network. 3. Wormhole Launches Stake For Governance, Allowing W Holders to Participate in Token Staking for Governance link Wormhole has tweeted that “Stake For Governance” is now live. W token holders are required to bridge their W tokens to the EVM chain and stake tokens to participate in governance. Additionally, as a security feature of Wormhole Guardians, the daily transfer limit of W tokens from Solana to the EVM chain is set at 100 million tokens. 4. StarkWare to Support Bitcoin Scaling, Introduces $1 Million Application-Oriented Research Fund link StarkWare has announced plans to develop scalability solutions for Bitcoin, in addition to its existing efforts for Ethereum. As part of this initiative, StarkWare will launch a $1 million application-specific research fund aimed at supporting researchers and developers working on the OP_CAT and its impact on Bitcoin. StarkWare has expressed confidence that the OP_CAT proposal from the Bitcoin community is capable of enabling STARK-based scalability for Bitcoin, openly endorsing OP_CAT. 5. Starknet’s DeFi Protocol Nostra Announces Token Launch and Airdrop link Nostra, the top-ranked DeFi protocol on Starknet by TVL, has announced the upcoming launch of its NSTR token along with its tokenomics. A total of 100,000,000 NSTR tokens will be fully unlocked upon release, with 11% allocated for a community airdrop during the Token Generation Event (TGE). Additionally, a liquidity bootstrapping pool (LBP) snapshot will take place from June 10th to 13th, followed by the TGE on June 17th, which includes the airdrop distribution. Crypto Assets TAX Report - Professional,Effortless,Crypto-native. Sponsored by FinTax. 6. Worldcoin Survey of Spanish Users: Nearly 90% Support Restarting Operations link A survey of over 21,000 Worldcoin users in Spain has revealed that nearly 90% of respondents support the reactivation of Worldcoin operations in the country. Conducted by Tools for Humanity in late May via the World App, the survey results indicate that 82% of participants believe in the importance of Worldcoin technology for distinguishing between humans and robots, while 81% feel secure using Worldcoin. Previously, Tools for Humanity voluntarily extended the suspension of Worldcoin Orb operations in Spain to complete a GDPR compliance audit supervised by Bavaria’s BayLDA. 7. Ethereum Staking Protocol Swell Unveils Token Airdrop Plan link The Ethereum staking protocol Swell has announced its roadmap for decentralized governance, along with details of the $SWELL token airdrop plan. According to officials, $SWELL will be utilized for governing the Swell protocol and ensuring the security of Swell L2 through staking. Tokens acquired via “The Voyage” initiative (representing 8% of the total supply) will primarily be distributed linearly, based on the amount of Pearls held, with loyalty rewards calculated based on the duration of deposits in Swell. 8. Full Set of Gold Skin Collectibles BAYC to be Auctioned at Sotheby’s link Memeland’s data scientist Stats tweeted that the complete set of golden skin collectibles owned by the bankrupted 3AC, including BAYC 8552, MAYC 27104, MAYC 27105, and BAKC 7075, will be auctioned at Sotheby’s on June 18. Sotheby’s Vice President Michael Bouhanna retweeted the announcement, confirming the event. Currently, these four NFTs are held in the address sothebys-grails.eth. In August 2021, 3AC purchased BAYC 8552 and BAKC 7075 for 105.99 ETH (approximately $402,000), and in March 2022, they acquired one BACC serum for 38 ETH (around $144,000) to mint two MAYC tokens. It’s notable that the current floor price for BAYC is only 12.9 ETH. 9. Bitcoin Network Rune Rune Achieves Overall Market Value of $1.66 Billion link Recently, the forging and on-chain transactions of Bitcoin network runes have seen a resurgence, with the total market value of runes reaching $1.66 billion. SatoSea has conducted statistics on the forging activities of runes over the past 7 days. Among the top 20 runes by forging cost, MAGA•THE•DONALD•TRUMP incurred the highest forging cost of $1.2 million. However, based on current market values, it ultimately suffered a loss of approximately $394,000 (-33.26%). On the other hand, BILLION•DOLLAR•CAT had a forging cost of only $120,000 but achieved a market value of $3.3 million, resulting in a profit margin of 2,738%. If each of these top 20 runes had forged 1,000 units, 70% of them would incur losses totaling around $22,000. However, the remaining 30% would generate income amounting to $151,000, resulting in a net profit of $129,000. 10. Binance Announces Launch of 55th Project IO.NET (IO) on Launchpool link Binance has announced the launch of IO.NET (IO) as the 55th project on Launchpool, allowing users to mine IO by staking BNB and FDUSD. IO will go live on June 11, 2024, at 12:00 (UTC), with trading pairs including IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY. IO.NET operates as a DePIN project on Solana, with a total maximum supply of 800 million tokens. Of these, 500 million tokens will be allocated at launch (genesis supply), with an initial circulating supply of 95 million tokens, accounting for 19% of the genesis supply. Launchpool will receive 4% of the genesis supply. Follow us Wu Blockchain is free today. But if you enjoyed this post, you can tell Wu Blockchain that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. |
Older messages
WuBlockchain Weekly: ECB Lowers Interest Rates, Bybit Unexpectedly Opens Registration for Mainland China Users, Bi…
Friday, June 7, 2024
1. Bitcoin Spot ETF Sees $887 Million Net Inflows on June 4, Sustains 17-Day Inflow Streak link On June 4, Grayscale's GBTC ETF experienced a net inflow of $28.195 million. On the same day, the
Mining News in May:Tether Mega-Investment, Riot Wants to Acquire BitFarms, Canaan's New Models, sponsored by Bitde…
Wednesday, June 5, 2024
Title sponsored by Bitdeer, a NASDAQ-listed mining company. 1. Bitdeer announces up to $150 million in private placement funding. Tether regard Bitdeer as one of the strongest vertically integrated
In-depth Analysis: Why was the Binance Account Stolen after Using the Malicious Plug-in?
Tuesday, June 4, 2024
By:@SlowMist_Team Source:https://web3caff.com/zh/archives/94779 https://foresightnews.pro/article/detail/61654 On March 1, 2024, according to Twitter user @doomxbt, there was an abnormal situation with
WuBlockchain Weekly: Unexpected Approval of Ethereum Spot ETF: Potential Impacts and Top10 News
Monday, June 3, 2024
1. SEC Approves BlackRock and Fidelity's Eight Ethereum ETFs on Thursday link Ethereum Spot ETF Receives SEC Approval, ETH Recognized as a Commodity On Thursday evening Eastern Time, the US
May VC Monthly Report: Farcaster, BitDeer, Babylon and Securitize
Monday, June 3, 2024
Author: WuBlockchain According to RootData statistics, in May, there were 153 publicly disclosed Crypto VC investment projects, a decrease of 8.9% month-on-month (168 projects in April 2024) and an
You Might Also Like
Let's make money from crypto WITHOUT trading
Friday, December 27, 2024
CRYPTODAY 139 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
CryptoQuant CEO says US could feasibly cut debt by embracing strategic Bitcoin reserve
Thursday, December 26, 2024
Analysts see US Bitcoin reserve as symbolic step toward debt reduction, amid challenges and speculation. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Shen Yu's "Four Wallets" Strategy: A Guide to Crypto Investment Management
Thursday, December 26, 2024
This content summarizes an AMA hosted by E2M Research on Twitter Spaces, featuring Shen Yu (Twitter @bitfish1), Odyssey (Twitter @OdysseyETH), Zhen Dong (Twitter @zhendong2020), and Peicai Li (Twitter
Reminder: Bitcoin Hits A New ATH Once Again After Touching $108K
Thursday, December 26, 2024
Monday Dec 23, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR In this issue, we dive into: Bitcoin Hits A New ATH Once Again After Touching $108K Avery Ching To Become New Aptos Labs CEO As
Bitcoin sees brief rebound to $99,000 on Christmas day
Wednesday, December 25, 2024
Holiday excitement lifted Bitcoin past $99000, but it quickly corrected to $98000 where it still holds strong support. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Opinion: Market Panic After FOMC Shows Some Overreaction
Wednesday, December 25, 2024
Last night, the market experienced a significant pullback, primarily due to investor concerns over the Federal Reserve possibly shifting towards a more “hawkish” policy stance. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Trump’s pro-crypto pledge could see day-one executive orders, industry players hope
Tuesday, December 24, 2024
A Bitcoin strategic reserve, access to banking services, and the creation of a crypto council are among the items on the industry's 'wishlist.' ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
State of the Network’s 2024 Year in Review
Tuesday, December 24, 2024
A data-driven overview of events that shaped crypto in 2024 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
OKExChain: Will the Federal Reserve and Jerome Powell Prevent the U.S. from Creating a National Bitcoin Reserve?
Tuesday, December 24, 2024
In the early hours of today, Federal Reserve Chairman Jerome Powell made it clear during a press conference following the monetary policy meeting that the Fed has no intention of participating in any
Crypto community cheers as Trump names pro-crypto advisors Stephen Miran and Bo Hines for economic and digital ass…
Monday, December 23, 2024
Trump fosters economic expansion and digital innovation with Miran and Hines at the helm of economic and crypto councils. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏