Also: New grants for DePIN; DAO governance merge
ndustry insiders hope that regulatory clarity under a Trump administration might renew interest in decentralized governance.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Gelato and Kraken will run challengers, making Ink the first Superchain network to feature multiple challengers at launch.
Corn, an Ethereum Layer 2 network that aims to use tokenized bitcoin in DeFi, raised $8.3 million in a community funding round.
Trump-supporting crypto professionals have been particularly scathing about the family's recent meme coin projects.
Vitalik Butern's proposal for an Ethereum Foundation restructuring has unveiled deep rifts within the network's community.
DeFi protocol Hermetica said the liquidity will make USDh the largest stablecoin on Stacks
Unlike other Ethereum L2s, “the first true SVM rollup" uses the Solana Virtual Machine to speed transaction settlement times.
Conner is joining AI-focused networks Fresya.AI.
Uniswap Labs said its v4 deployment would start this week so developers can test hooks, and full deployment is expected by next week.
Buterin labeled inflammatory X posts about the head of the Ethereum Foundation as "pure evil."
Riot Platforms has been engaged in preliminary discussions with potential AI/HPC counterparties for several months.
The airdrop will account for 7.5% of the total OBOL supply. There are “three main buckets” of recipients, Thomas Heremans said.
Coinbase CEO Brian Armstrong said the crypto exchange is working hard to scale up amid a surge in activity on Solana.
Linea partnered with Nansen to detect 'Sybil' behavior, which included automated and coordinated activities across related wallets.
Sustained demand for Layer 2s could quickly deplete the available blob capacity. The impending Pectra upgrade only kicks the can down the road, Polynomial's co-founder said.
Pectra is a "hard fork" of Ethereum encompassing an array of wallet, staking, and efficiency improvements.
Merit Systems raised $10 million in a seed funding round co-led by Andreessen Horowitz’s crypto fund and Blockchain Capital.
Kraken, founded in 2014, has doubled down on growth and “embraced startup mode," Ink creator Andrew Koller told The Block.
Polygon's CEO hailed the partnership as a significant step forward for Web3 adoption in India.
Pyth Network has introduced Lazer, a new oracle solution designed to complement its existing Pyth Core offering.
Also: Bubblemaps roadmap; Babylon interoperability
With approximately 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity.
Using synthetic-DNA technology, Arweave packed blockchain data onto a lunar lander that is headed to the moon.
The 78-year-old technology giant is the latest big name company to release a blockchain using Optimism's OP Stack.
Babylon, developer of the largest BTC staking protocol, is teaming up with Bitcoin developers Fiamma to build a trust-minimized bridge using BitVM2
Also: Ripple’s Chainlink deal; Pyth partners with Revolut
The “SN Stack” enables developers to create blockchains for specific crypto use cases, potentially bringing StarkWare's technology to a variety of chains.
Lotte’s Caliverse, an AI-driven entertainment experience, is coming to the layer-2 network, allowing web3 users to pay for services with crypto.