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Unichain’s public mainnet expected to launch in ‘early 2025,’ Uniswap says

Unichain, a Layer 2 DeFi solution by Uniswap, will launch its mainnet in early 2025, featuring fault proofs, Flashblocks for faster transactions, and integration with Optimism’s Superchain.

theblock.co • 23/12/2024 - 06:38 AM

The Daily: World Liberty Financial teams up with Ethena, Polygon rejects $1.3 billion stablecoin proposal and more

World Liberty Financial, the fledgling DeFi project supported by President-elect Donald Trump, announced a “long-term collaboration” with synthetic dollar project developer Ethena Labs, starting with the implementation of sUSDe as a collateral token on the WLFI protocol. Polygon community members rejected a recent preliminary proposal to deploy $1.3 billion in stablecoins from the PoS Chain bridge for yield generation, citing security and user consent concerns. Ethereum Name Service (ENS), which simplifies address resolutions on blockchains, selected Consensys-backed Linea’s zkEVM technology to build its Namechain Layer 2 network as part of the ENSv2 upgrade. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 18/12/2024 - 19:53 PM

Hong Kong's HashKey Group launches Ethereum Layer 2 HashKey Chain on mainnet

HashKey Group launched HashKey Chain on mainnet, achieving 25 million transactions during testnet, and supports developers with a $50 million grant program.

theblock.co • 18/12/2024 - 11:47 AM

Omni Network launches 'Core' mainnet to unify Ethereum's fragmented rollup ecosystem

Omni Network launched its Omni Core mainnet to unify Ethereum's fragmented Layer 2 ecosystem, improve cross-chain interoperability, and support advanced applications through restaking.

theblock.co • 17/12/2024 - 19:20 PM

Decentralized gaming project Treasure launches mainnet after DAO approved ZKsync migration

Decentralized gaming ecosystem Treasure has launched on mainnet after its DAO approved a migration to ZKsync. The project initially planned to build using the Arbitrum Orbit toolkit.

theblock.co • 11/12/2024 - 23:48 PM

Ethereum rollup Fuel unveils native token to decentralize its chain

Fuel's Layer 2 project reveals its FUEL token details, focusing on decentralization, community allocation, eliminating transaction fees, and innovative technical solutions for decentralized app scaling.

theblock.co • 10/12/2024 - 13:20 PM

Movement Network launches mainnet beta and native token

Movement developers launched a mainnet beta and token event. The project ensures security, fast transactions, and aims to unify Move and Ethereum development, distributing 10 billion tokens through various initiatives.

theblock.co • 09/12/2024 - 12:01 PM

Memecoins are here to stay, says expert panel — but is utility the goal?

Experts at a conference discuss the future of memecoins, acknowledging their lasting presence while debating utility, dominant platforms, and the competition between Base and Solana.

theblock.co • 05/12/2024 - 15:50 PM

Safe rolls out 'Safenet' to unify liquidity and user interactions across blockchains

Safe has launched Safenet, a transaction processor network for managing cross-chain assets, addressing DeFi challenges like liquidity fragmentation and enhancing transaction security and speed.

theblock.co • 03/12/2024 - 14:00 PM

The Daily: Hyperliquid set for HYPE token launch, MARA purchases $615 million in bitcoin and more

Decentralized perpetual trading platform and Layer 1 chain Hyperliquid is set to launch its HYPE token on Friday during a genesis event at 2:30 a.m. ET. Bitcoin miner MARA has acquired another 6,474 BTC, valued at around $615 million, boosting its total holdings to 34,794 BTC worth $3.3 billion — the largest of all public miners. Defunct centralized crypto lender Celsius is distributing $127 million in cash or cryptocurrency to creditors in its second bankruptcy payout. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 28/11/2024 - 15:16 PM

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