Daily Bits
Osmosis, the largest decentralized exchange on Cosmos, and lending protocol UX Chain (previously Umee) are proposing a merger within the Cosmos ecosystem. Read more here.
Elon Musk, aka “Chief Twit”, is proposing a plan to open the floodgates for users to obtain a coveted blue check mark at a small cost. Find out more here.
Robin Linus, the lead of the ZeroSync project, proposed a method to introduce more advanced off-chain smart contracts to Bitcoin without a soft fork
Metamask announced that users can now interact with their latest feature, Metamask Staking. Read more here!
Scroll, a layer-2 scaling solution for the Ethereum blockchain, has launched its main network, adding competition to the zkEVM (Zero-Knowledge Ethereum Virtual Machine) space that includes rivals like Polygon and Matter Labs. Read more here.
Polygon has raised an impressive $450 million from Sequoia Capital India in a new funding round with a market valuation of $13 billion. Find out more here.
Solana is set to open a brick-and-mortar store in New York City, as part of its continued effort to make inroads into the mainstream culture. Read more here.
Unstoppable Domain launches AI-generated profile picture NFTs to its account holders at a price tag of $14.99. Read more here.
Do Kwon's latest hard fork proposal is received with mix responses from the Terra community. Read on here.
BTC perpetual contracts' funding rates are returning to the neutral zone, suggesting that market confidence has returned. Find out more here