Daily Bits
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706
SUI Announces First Large Developer Event; BitDAO Plans Token Branding Optimization
BitDAO has proposed a "One Brand, One token" principle, which will replace its current BIT token with a new governance token, MANTLE. Read more here.
STPT Surges Amid Anticipation of Next-Gen AWNS Crypto Wallets Utilizing ERC-655; Sui Foundation Introduces $50M Initiative to Enhance DeFi Ecosystem and Support DeepBook Platform
The Sui Foundation, responsible for the Sui blockchain, has launched a $50 million fund to enhance its DeFi ecosystem and support the on-chain central limit order book platform, DeepBook. Read more here.
BTC Exchange Outflow Hits 5-Year High; Grayscale Challenges SEC's ETF Rejection
BTC's 30-day exchange outflow hits a five-year high as investors seek market directions by assessing central bank chiefs' comments on interest rates. Find out more on Daily Bits.
Vitalik Buterin Explores the Synergy Between Crypto and AI
Vitalik Buterin explores the synergy between cryptocurrency and AI, noting the increasing relevance of both technologies.
Déjà Vu
Bitcoin shattered through its $50k mark after a weekend of dramatic plunge.
SCRT Surges After Unveiling v1.11 Adds New Secret Ethereum Features; Babylon to Introduce Bitcoin Staking Protocol for Enhanced Security and Utility in PoS Chains at Cosmoverse
Babylon plans to introduce its "Bitcoin Staking Protocol MVP" at Cosmoverse. Read more here.
BTC Realized Loss Dominates; Meta Expands NFT Functionalities on Instagram
Meta announced that the company is embarking on the international expansion of NFT support on Instagram. Read more here.
MASK Rises Following Pawoo's Aquisition; Twitter Expands Twitter Features
Twitter has added BTC and ETH price indexes to its search function, allowing users to easily check the current prices of these two popular cryptocurrencies. Read more here.
BTC Whales Are Accumulating; Nike Buys DotSwoosh ENS Domain
With RTFKT's latest purchase of "dotswoosh.eth", Nike now owns 10 ENS domains. Read more here.
The Inflation Rocket
The estimated annual inflation rate for ETH is climbing upwards in the aftermath of the Ethereum London hard fork announcement.
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