Polymer Labs, a Layer 2 project focusing on IBC protocol interoperability, announced the launch of the Polyverse testnet, aiming to reward developers, infrastructure operators and Builders for enhancing Ethereum scalability, developing cross-chain applications, and developing cross-chain applications through Layer 2 solutions. Contribution to promoting IBC in the Cosmos ecosystem. The Polyverse testnet is divided into three phases. The first phase, Basecamp, is already online and will last un...

Polymer Labs, a Layer 2 project focusing on IBC protocol interoperability, announced the launch of the Polyverse testnet, aiming to reward developers, infrastructure operators and Builders for enhancing Ethereum scalability, developing cross-chain applications, and developing cross-chain applications through Layer 2 solutions. Contribution to promoting IBC in the Cosmos ecosystem. The Polyverse testnet is divided into three phases. The first phase, Basecamp, is already online and will last un...

Liquidity staking protocol Ether.Fi said it will commit $600 million worth of Ethereum in a delegation agreement to secure Ethereum interoperability protocol Omni Network. Omni will whitelist Ether.Fi’s liquid token eETH and will select Ether.Fi’s node operators to run its Active Verification Service (AVS). The staked Ethereum will serve as a guarantee of security to prevent security breaches and asset decoupling. The deal will see Ether.Fi delegate one-third of its total locked value, totali...

Liquidity staking protocol Ether.Fi said it will commit $600 million worth of Ethereum in a delegation agreement to secure Ethereum interoperability protocol Omni Network. Omni will whitelist Ether.Fi’s liquid token eETH and will select Ether.Fi’s node operators to run its Active Verification Service (AVS). The staked Ethereum will serve as a guarantee of security to prevent security breaches and asset decoupling. The deal will see Ether.Fi delegate one-third of its total locked value, totali...

Cryptocurrency regulation in 2024 is expected to be led by states rather than Washington. 2023 is a critical year for state-level digital asset policy, with California’s passage of the Digital Financial Assets Act (DFAL) establishing comprehensive rules for operating digital financial asset businesses. Starting in 2025, digital financial asset businesses in California will be subject to a licensing and supervisory regulatory regime, including capital and liquidity requirements, periodic discl...

Cryptocurrency regulation in 2024 is expected to be led by states rather than Washington. 2023 is a critical year for state-level digital asset policy, with California’s passage of the Digital Financial Assets Act (DFAL) establishing comprehensive rules for operating digital financial asset businesses. Starting in 2025, digital financial asset businesses in California will be subject to a licensing and supervisory regulatory regime, including capital and liquidity requirements, periodic discl...

Web3 app store Magic Square is using $66 million worth of native SQR tokens to fund projects listed on its platform. According to its announcement, the ecosystem grant program includes 120 million SQR, equivalent to 12% of the total token supply. The grants will help fund initial marketing costs for selected apps and games to help them increase their visibility on the platform and connect with their target audiences.

Web3 app store Magic Square is using $66 million worth of native SQR tokens to fund projects listed on its platform. According to its announcement, the ecosystem grant program includes 120 million SQR, equivalent to 12% of the total token supply. The grants will help fund initial marketing costs for selected apps and games to help them increase their visibility on the platform and connect with their target audiences.

A public filing showed that the U.S. Securities and Exchange Commission (SEC) has postponed a resolution on BlackRock and Fidelity’s Ethereum Spot ETF. The SEC also asked the public about whether an ETF should be approved, specifically asking whether Ethereum’s proof-of-stake mechanism raises “unique concerns about Ethereum’s vulnerability to fraud and manipulation.” The public can submit comments on the two ETFs within 21 days, and the rebuttal period will last 35 days.

A public filing showed that the U.S. Securities and Exchange Commission (SEC) has postponed a resolution on BlackRock and Fidelity’s Ethereum Spot ETF. The SEC also asked the public about whether an ETF should be approved, specifically asking whether Ethereum’s proof-of-stake mechanism raises “unique concerns about Ethereum’s vulnerability to fraud and manipulation.” The public can submit comments on the two ETFs within 21 days, and the rebuttal period will last 35 days.

On December 27, the U.S. Bankruptcy Court for the Southern District of New York approved the implementation of the "MiningCo Transaction" against Celsius and its related debtors, which is part of the Chapter 11 bankruptcy proceedings of the U.S. Bankruptcy Code. The order, issued by Chief Justice Martin Glenn, marked a key moment in Celsius' restructuring efforts as all objections to the proposal were also overturned. The court’s ruling paves the way for Celsius to proceed with the deal,...

On December 27, the U.S. Bankruptcy Court for the Southern District of New York approved the implementation of the "MiningCo Transaction" against Celsius and its related debtors, which is part of the Chapter 11 bankruptcy proceedings of the U.S. Bankruptcy Code. The order, issued by Chief Justice Martin Glenn, marked a key moment in Celsius' restructuring efforts as all objections to the proposal were also overturned. The court’s ruling paves the way for Celsius to proceed with the deal,...

Bitcoin trading application Oyl completed a $3 million Pre-Seed round of financing, led by venture capital firm Arca, with participation from BitMEX co-founder Arthur Hayes and BRC-20 creator Domo. Oyl is building a trading platform called "Oyl Wallet" for the Bitcoin ecosystem, providing "in-wallet" trading capabilities for Bitcoin Ordinals. The platform will be launched in the coming weeks.

Bitcoin trading application Oyl completed a $3 million Pre-Seed round of financing, led by venture capital firm Arca, with participation from BitMEX co-founder Arthur Hayes and BRC-20 creator Domo. Oyl is building a trading platform called "Oyl Wallet" for the Bitcoin ecosystem, providing "in-wallet" trading capabilities for Bitcoin Ordinals. The platform will be launched in the coming weeks.

The decentralized ID0 Launchpad platform HeadStarter announced in a post that the immersive 3D entertainment metaverse platform VRJAM has launched an exclusive private sale event on the platform. The sale will raise a total of $60,000 at a unit price of $0.002 per token, with a maximum allocation of $5,000. It is understood that VRJAM is an immersive 3D entertainment metaverse platform that provides real-time virtual reality and interactive content for streaming platforms, websites, VR and mo...

The decentralized ID0 Launchpad platform HeadStarter announced in a post that the immersive 3D entertainment metaverse platform VRJAM has launched an exclusive private sale event on the platform. The sale will raise a total of $60,000 at a unit price of $0.002 per token, with a maximum allocation of $5,000. It is understood that VRJAM is an immersive 3D entertainment metaverse platform that provides real-time virtual reality and interactive content for streaming platforms, websites, VR and mo...

Binance Earn will support eligible RONIN locked product users to receive Pixels (PIXEL) airdrops. Eligible users will receive PIXEL tokens in their spot wallets based on total subscriptions to their RONIN locked product as of February 8, 2024 at 23:59 (UTC). Airdrop rewards are divided into different levels based on RONIN’s subscription volume, ranging from 183.34 PIXEL to 3,955.11 PIXEL. The PIXEL airdrop is expected to be completed at 12:00 on March 18, 2024 (UTC), and Binance Earn will sep...

Binance Earn will support eligible RONIN locked product users to receive Pixels (PIXEL) airdrops. Eligible users will receive PIXEL tokens in their spot wallets based on total subscriptions to their RONIN locked product as of February 8, 2024 at 23:59 (UTC). Airdrop rewards are divided into different levels based on RONIN’s subscription volume, ranging from 183.34 PIXEL to 3,955.11 PIXEL. The PIXEL airdrop is expected to be completed at 12:00 on March 18, 2024 (UTC), and Binance Earn will sep...

Chainlink co-founder Sergey Nazarov said: "The price of Bitcoin has reached a new high this time. It is not just a small increase, but a substantial increase beyond the previous record. This indicates that we may be in a new round of Bitcoin optimism market cycle The beginning stage. When the price of Bitcoin soars, its ecology will attract more capital to enter and promote innovation and development in this field. At the same time, we have observed that a series of macro-environmental factor...

Chainlink co-founder Sergey Nazarov said: "The price of Bitcoin has reached a new high this time. It is not just a small increase, but a substantial increase beyond the previous record. This indicates that we may be in a new round of Bitcoin optimism market cycle The beginning stage. When the price of Bitcoin soars, its ecology will attract more capital to enter and promote innovation and development in this field. At the same time, we have observed that a series of macro-environmental factor...

Telegram Bot project Unibot announced on the X platform that it will leverage its important partnerships with Jupiter and Birdeye to launch a dedicated Bot designed for Solana’s high-speed on-chain transactions.

Telegram Bot project Unibot announced on the X platform that it will leverage its important partnerships with Jupiter and Birdeye to launch a dedicated Bot designed for Solana’s high-speed on-chain transactions.

Bitcoin chain game project Bitcoin Cats updated the release date of Bitcoin Cats Genesis NFT on the BakerySwap platform on its official blog, which is 16:00 on January 9, 2024, Beijing time. It is reported that Bitcoin Cats Genesis NFT is a collection of unique pixelated cat artwork with a total supply of 10,000 pieces launched on Bitcoin Ordinals. According to previous news, Bitcoin Cats announced that it will sell Genesis NFT on the BakerySwap platform in early January, with a limited editi...

Bitcoin chain game project Bitcoin Cats updated the release date of Bitcoin Cats Genesis NFT on the BakerySwap platform on its official blog, which is 16:00 on January 9, 2024, Beijing time. It is reported that Bitcoin Cats Genesis NFT is a collection of unique pixelated cat artwork with a total supply of 10,000 pieces launched on Bitcoin Ordinals. According to previous news, Bitcoin Cats announced that it will sell Genesis NFT on the BakerySwap platform in early January, with a limited editi...