Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms. Source link
Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY. Source link
Critical bug identified and remedied in Circle’s Noble-CCTP
Blockchain security firm Asymmetric Research privately disclosed the vulnerability to Circle, which has since been addressed. Source link
Ondo’s USDY yield coin expands to Arbitrum
Tokenized treasury products are gaining widespread adoption on blockchain networks. Source link
Gavin Wood’s biggest hope: Free crypto transactions and Web3 tech worldwide
We need to “divorce Ethereum from Ether” to onboard the 6 billion Web2 users, Wood told Cointelegraph during an exclusive. Source link
Blockchain database firm SxT Labs raises $20M in Series A round
Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital, along with Microsoft’s M12 Ventures and OKX Ventures, backed SxT Labs’ Series A round. Source link
Vitalik Buterin breaks down 2023 Ethereum Foundation spending
The Ethereum Foundation increased yearly spending on new institutions, which accounted for 23.8% of the foundation’s expenses in 2022. Source link
SOON closes funding round for Solana-based layer 2
Backers hail from Solana Labs, Coinbase Ventures and Celestia, among others. Source link
Elon Musk is worth 100K followers: Yat Siu, X Hall of Flame
His followers include William Shatner and Paris Hilton, but Animoca’s Yat Siu says Elon Musk would have a much greater impact: X Hall of Flame Source link
IOTA completes EU blockchain pre-commercial phase
IOTA completes the final phase of the European Blockchain PCP, setting the stage for scalable, sustainable and secure blockchain infrastructure across the European Union. Source link
