Daily Bits

Bitlayer, a Bitcoin Layer 2 solution, has overtaken Merlin to become the leader in the Bitcoin scaling network rankings with a total value locked (TVL) of $391 million, representing 31% of the sector’s TVL.

Bybit has introduced the Indian central bank digital currency (CBDC), the digital rupee, as a new payment option.

Pump.Fun, a memecoin launchpad, has outstripped Ethereum in daily revenue within the Decentralized Finance (DeFi) sector, generating $867,429 in daily revenue over the last 24 hours compared to Ethereum's $844,276.

A U.S. Department of Justice-affiliated crypto wallet transferred $2 billion worth of confiscated bitcoin, originally seized from Silk Road, to an unidentified wallet.

Rootstock has successfully verified a zero-knowledge SNARK using BitVMX, a modified version of Robin Linus's BitVM, on Bitcoin's main network.

Solend has rebranded to Save, introducing a fresh logo, redesigned interface, and new products including SUSD, saveSOL, and dumpy.fun on the Solana blockchain.

Toyota is exploring the integration of Ethereum's ERC-4337 standard to enable on-chain automotive operations through what it calls Mobility-Oriented Accounts (MOAs).

Ethereum exchange-traded funds (ETFs) launched with a substantial trading volume exceeding $1 billion on their first day.

Grayscale has transferred $1 billion in Ethereum to Coinbase Prime ahead of the U.S. debut of its Ethereum ETFs, sparking speculation about its intentions.

Osmosis, a Cosmos-based blockchain project and cross-chain exchange, has launched "Smart Accounts" enabling one-click trading for its users.