Weekly Project Updates: Aave Reaches Record High in Net Deposits, Vitalik Adopts MOODENG, Binance Launches New Tok…
1. Telegram Unveils First Update of 2025, Enabling Gift Conversion into NFTs link Telegram has rolled out its first update for 2025, introducing third-party account verification, message search filters, and the ability to convert gifts into NFTs. Third-party verification, authorized by certifying institutions, provides users and organizations with independent verification badges, distinct from the blue checkmark. Telegram states that this move aims to combat scams and reduce misinformation through a decentralized verification platform. Additionally, users can now purchase and gift Telegram Stars, which can be upgraded into NFTs for trading. 2. Tron Network Reports $2.12 Billion in Total Revenue for 2024 link In the past 30 days, Tron network’s revenue reached $329.57 million, marking a 39.74% increase compared to the previous month. For the entire year of 2024, Tron network’s total revenue amounted to $2.12 billion, reflecting a year-on-year growth of 115.73%. According to official explanation, this revenue comes from the consumption of TRX by users to acquire resources, which include bandwidth used to pay for regular transaction fees and energy used to pay for smart contract fees. 3. Humanity Announces Launch of Palm Recognition App in 2025 link The palmprint recognition project Humanity has announced that its application will be launched in 2025, allowing users to access their accounts via smartphones. Humanity scanners will be delivered to global operators, and the token will be released this year, featuring reliable use cases and fair distribution. Additionally, the first phase of DAO (Decentralized Autonomous Organization) functionality will be implemented. 4. Aave Achieves Record High Net Deposits of $33.4 Billion link The decentralized finance (DeFi) platform Aave has reached a record net deposit of $33.4 billion, surpassing the levels seen during the 2021 bull market. In 2024, Aave expanded its reach by launching Aave v4 and extending the GHO stablecoin to multiple blockchain networks. Looking ahead to 2025, Aave plans to add more markets, including Sonic, Mantle, Linea, BOB (a Bitcoin Layer 2 solution), Spider Chain, and Aptos, though these changes still require approval from the community. 5. Ethena Reveals 2025 Roadmap link The primary focus in the first quarter will be on partnering with traditional financial distribution partners to allow their customers to fully access iUSDe. Additionally, a dedicated use case for sUSDe will be launched within the Telegram app, providing users with a mobile banking-like experience to send, spend, and save. Support will be extended to spot exchange Ethereal and derivatives exchange Derive. Ethereal is set to launch its testnet next month, while Derive will release its token within the next two weeks. 6. Solayer Establishes Foundation and Prepares to Launch Governance Token LAYER link Solayer, a re-staking protocol on Solana, has officially announced the establishment of a foundation and the upcoming launch of its governance token, LAYER. LAYER is an SPL-2020 token designed to accelerate the growth of the ecosystem and the development of the protocol. The distribution of LAYER tokens will occur in three phases. The first phase will target eligible participants and protocol partners, with a focus on categories such as Solayer Staking (sSOL, endo, and exo AVS), sUSD participants, and whitelisted ecosystem partners. 7. Vitalik Donates 10 Million Thai Baht to Khao Kheow Zoo and Adopts MOODENG for Two Years link Vitalik Buterin, the co-founder of Ethereum, has donated 10 million Thai Baht (approximately 2.13 million RMB or 292,300 USD) to the Khao Kheow Zoo in Thailand for the care of a specific animal, MOODENG, and its family. The donation will be made in two installments, with the first completed on December 26, 2024, and the second installment to be announced within the next year. 8. Solana Ecosystem Game MomoAI Releases MomoAI 3.0 link MomoAI, the fourth largest decentralized application (Dapp) in the Solana ecosystem and the top gaming platform, has officially announced that it will be listed on Bitget, Gate, and KuCoin on January 6. Additionally, the launch of MomoAI 3.0 was revealed today. MomoAI 3.0 integrates AI Agent technology, enabling the creation of smart NPCs (non-playable characters) with dynamic scene generation and Web3 integration. NPCs that hold Web3 wallets will possess the same economic independence and autonomy as human players within the game. 9. Hyperliquid Achieves $268.9 Billion in Quarterly Trading Volume, with Staking Share of 38.01% link Hyperliquid platform reported a trading volume of $268.9 billion in the three months following its Token Generation Event (TGE). The HYPE/USDC trading pair exceeded $10 billion in trading volume, with daily trading volume on January 1st surpassing $5 billion. A total of 380.1 million HYPE tokens are staked, accounting for 38.01% of the total supply, with foundation validators holding 83.98%. Since its launch, 111,000 HYPE tokens have been burned, with an annualized burn rate representing 0.12% of the total supply. A recent decrease in spot holders may be linked to sell-offs and tax-related trading. 10. Binance Launches New Token Pool for Bio Protocol (BIO) link Binance has launched the Bio Protocol (BIO) in its new token pool, allowing users to mine BIO by locking BNB and FDUSD. Trading pairs for BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY opened on January 3, 2025, at 10:00 UTC. Prior to this, Binance Labs made an undisclosed investment in the decentralized science project Bio Protocol, which aims to revolutionize early-stage scientific research financing and commercialization using blockchain technology. According to the announcement, BIO’s initial total supply is capped at 3,320,000,000 tokens, with the possibility of expansion through network governance. When the token listed on Binance’s spot market, its initial circulating supply was 1,296,529,168 BIO, representing 39.05% of the total 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: Binance Labs to Rename, with CZ Joining In, MicroStrategy Adding Bitcoin and the Surging AI M…
Friday, January 3, 2025
In 2024, the combined wealth of the world's 500 richest individuals surpassed $10 trillion, with technology billionaires experiencing the most remarkable gains. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
VC Yearly Report: December Funding Amount Increases by 60% MoM, 2024 Funding Projects Up 26.1% YoY
Thursday, January 2, 2025
Author: Wu Blockchain ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitrace: Interpretation of fake Twitter phishing accounts and how to prevent
Wednesday, January 1, 2025
With the arrival of the airdrop season, Web3 users have ushered in a golden harvest. At the same time, they have also become a big prey of criminal gangs in the crypto dark forest. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain's Top 10 Asia News of 2024: China Launches Massive Stimulus, Hong Kong Introduces Cryptocurrency ETFs…
Tuesday, December 31, 2024
In 2024, China's central bank unveiled its largest stimulus package since the pandemic on September 24, aiming to steer the economy out of deflation and back toward the government's growth
Fair Release: Saviour of VC-Backed Tokens from Low-Float High-FDV
Monday, December 30, 2024
We embrace Bitcoin for how it saves the world economy from money-printing, yet in Web3/crypto, we're practising exactly what we preach against: token-printing through time-scheduled unlocks. ͏ ͏ ͏
You Might Also Like
📈 US spot BTC and ETH ETFs saw a $35 billion and $2.7 billion net inflow in 2024, respectively; Crypto.com signed…
Monday, January 6, 2025
US spot BTC and ETH ETFs saw a $35 billion and $2.7 billion net inflow in 2024, respectively; Crypto.com signed an MoU with Dubai Islamic Bank; Crypto.com launched Crypto.com Custody Trust Company ͏ ͏
Wu Blockchain Year-End Dialogue: Solana Foundation, TON Foundation, Dragonfly, OKX Ventures
Monday, January 6, 2025
In this episode, the guests engaged in an in-depth discussion about key events and trends in the Web3 space for 2024. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
TGEs Look To Heat Up Crypto In 2025
Monday, January 6, 2025
Monday Jan 6, 2025 Sign Up Your Weekly Update On All Things Crypto TL;DR TGEs To Heat Up Crypto In 2025 Solana Remains Skeptical About AI Agents BTC Looks To Regain Momentum, DOGE & SUI Surge UK
Asia's weekly TOP10 crypto news (Dec 23 to Jan 5)
Sunday, January 5, 2025
The South Korean government has imposed sanctions on 15 North Korean individuals and one entity for their involvement in illicit cyber activities, including cryptocurrency theft. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
VanEck CEO recommends investors to double down on Bitcoin as hedge in 2025
Saturday, January 4, 2025
As gold and Bitcoin register a bull market, Jan van Eck stated that these assets are essential for any portfolio. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin ETFs face new year exodus, BlackRock loses 3,500 BTC amid price rally
Friday, January 3, 2025
Crypto market begins year with $310 million outflows from Bitcoin, Ethereum ETFs. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain Weekly: Binance Labs to Rename, with CZ Joining In, MicroStrategy Adding Bitcoin and the Surging AI M…
Friday, January 3, 2025
In 2024, the combined wealth of the world's 500 richest individuals surpassed $10 trillion, with technology billionaires experiencing the most remarkable gains. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
NFT & Gaming - 📈NFT market saw a 6-month high in sales volume; Pudgy Penguins launched its PENGU token
Friday, January 3, 2025
The NFT market marked a six-month high in sales volume. Pudgy Penguins launched its PENGU token. The Philadelphia 76ers and Crypto.com released a Web3 mobile game ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
US Bitcoin reserve idea could spark global race, Metaplanet CEO predicts
Thursday, January 2, 2025
Georvich predicts US move to adopt Bitcoin would spur global competition, stabilize developing nations' currencies. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏