Crypto Insights
The Hong Kong government has established a task force dedicated to promoting the development of Web3 technology. Read more here.
ApeX Pro launches a 50M $BANA campaign where users can claim rewards by simply making a deposit on ApeX Pro from Bybit. Read more here.
Google Cloud launched a customized package for crypto startups through Web3 Startups Program. Read more here
Merchant Moe, a decentralized exchange part of the Trader Joe franchise, is designed specifically to serve as a key liquidity hub for the Mantle Network, an Ethereum L2 Network. Read more here.
The decentralized social media race has just been taken to the next level after Elon Musk’s $44 billion acquisition of Twitter. Read more here.
EigenLayer has rolled out six new Actively Validated Services (AVS) on its platform, focusing on improving rollups, integrating real-world data, and enhancing co-processing capabilities.
Mantle and Ondo Finance have introduced USDY, a yield-generating token backed by real-world assets on the Ethereum Layer 2 Mantle Network. Read more here.
Bitcoin (BTC) began the new year with a surge, crossing $45,000 for the first time since April 2022, marking a more than 6% increase. Read more here.
As Ethereum’s Shanghai upgrade approaches, the number of Ethereum validators has grown to more than 500k. Read more here.