On January 13, the Ethereum Foundation announced the launch of a new official X account, @ethereumfndn, and a comprehensive upgrade of its social media strategy. According to the official announcement, the new account will focus on publishing important information about the foundation, including team dynamics, project and grant updates, and changes to treasury funds. At the same time, the original @Ethereum account will be transformed into a comprehensive information platform for the ecosystem, ...
Etherfi enables eBTC cross-chain through LayerZero, eBTC is a Bitcoin LRT launched by Etherfi for re-staking of Symbioticfi. eBTC uses LayerZero's OFT standard to cross-chain between blockchains such as Arbitrum, Corn, and Base.
On December 21st, the new BIO Protocol proposal "Enable BIO Token Transferable" voting support rate is tentatively reported at 99.96%, and the voting period is 3 days (as of December 23rd). If passed, BIO will become a current asset within 14 days. The initial liquidity will be on the ETH mainnet, and more chains will be supported in the future.
The Ethena Foundation announced that Wintermute's proposal to "enable ENA fee conversion" has been approved by the Risk Committee. The Foundation will work with the Risk Committee to finalize the relevant parameters for fee switch activation by November 30, and the specific implementation mechanism will be announced later. Previously, it was reported that on November 7, Wintermute presented a "ENA fee conversion" proposal at the Ethena Governance Forum, recommending approval of part of the agree...
PancakeSwap has launched a Telegram bot that allows users to trade cryptocurrencies directly from the messaging app. The bot currently supports the trading of over 3,000 tokens, making it easier for a wider audience familiar with Telegram to conduct DeFi transactions. The Telegram Swap Bot will allow users to trade tokens on PancakeSwap v2, v3, and stableswap on the BNB Chain.
Coinbase's two-layer chain Base has enabled proof-of-failure on the mainnet. According to a blog post by Base "Proof-of-failure is an important part from Stage 0 to Stage 1, where cryptocurrencies have'full training wheels', while in Stage 1, cryptocurrencies have'limited training wheels'. This year, the Base core team worked closely with Optimism to bring the OP stack error proofing system to Base. This enables a decentralized approach to proposing and verifying L2 status and paves the way for ...
On October 28th, the central bank announced that the People's Bank of China has decided to use the open market buyout reverse repurchase operation tool from now on. The operation object is the primary dealer of the open market business, and the operation is carried out once a month in principle, and the period does not exceed one year. The open market buyout reverse repurchase uses fixed quantities, interest rate invite tenders, and multiple price points to win the bidding. The repurchase target...
CoinbaseTrader posted on the X platform, all Coinbase systems have been re-enabled, and trading has resumed. This concludes our regular maintenance.
Coinbase Assets posted on the X platform that Coinbase has enabled send and receive support for USDC on the Sui network, and Coinbase will continue to expand the availability of multi-network USDC.
On October 23rd, Binance announced that regular users will be able to enable unified accounts and remove the minimum full position leverage and contract wallet balance requirement of 10,000 USDT. After the update, users can use more than 350 collateral assets in the Binance unified account to trade U-based contracts, currency-based contracts and full position leverage products. Users can enable this function through the Binance Contract and Leverage Trading page.
The TrueX exchange has announced the launch of PayPal's PYUSD stablecoin as the default settlement currency. Founded by two former Coinbase executives and developed by its parent company True Markets, TrueX will launch a trading feature within weeks, opening up spot trading of several mainstream cryptocurrencies first. PYUSD is the fourth largest stablecoin in the world by market capitalization after USDT, USDC and DAI. TrueX is only open to institutional investors, and the transaction settlemen...
WazirX posted on X that the team is actively enabling the withdrawal function for users, and any further information will be released in a timely manner. WazirX said that in order to keep the community fully informed, especially in light of recent events, it will provide daily reports on actions taken after the July 18, 2024 cyber attack, and update users daily through the official blog to inform users of progress and measures being taken.