Daily Bits

Kaia, a Layer 1 blockchain formed from the merger of Klaytn and Finschia, has launched its mainnet with support from LINE NEXT to accelerate web3 adoption in Asia.

Sony has launched the "Minato" testnet for Soneium, its upcoming Ethereum Layer 2 network, and opened the Spark incubator program.

Maker DeFi lending protocol has rebranded to "Sky" and renamed its stablecoin from Dai to USDS.

EigenDA has introduced custom quorums, allowing teams to restake their ERC-20 tokens to secure tailored quorums for their rollups, enhancing security and yielding token returns.

Gora Network has been accepted into Google's prestigious Web3 Startup Program, an acknowledgment of its role as a leading decentralized oracle platform.

Franklin Templeton has launched its tokenized Franklin OnChain U.S. Government Money Fund (FOBXX) on the Avalanche network.

Tether has announced a new stablecoin pegged to the UAE dirham, in collaboration with Phoenix Group PLC and Green Acorn Investments Ltd.

Balaji Srinivasan has launched a 3-month pop-up city in Singapore called "The Network School," inspired by his book, "The Network State."

Bybit, the world's second-largest crypto exchange, has introduced the Bybit P2P Shield to enhance security and restore confidence in peer-to-peer (P2P) cryptocurrency trading.

Justin Sun's DeFi platform, Sun.io, launched SunPump, a memecoin launchpad on the Tron network.