ETH DailyPectra Targeted For Q1 2025
The upgrade is expected to feature EOF, PeerDAS, and EIP-7702, among other proposals.
ETH DailyJP Morgan Buys $102m BMNR Shares
J.P. Morgan acquired 1,974,144 shares of BitMine Immersion Technologies Inc. (BMNR), the world’s largest Ethereum treasury company.
ETH DailySuccinct Announces $PROVE Airdrop
$PROVE is the native token of the Succinct Prover Network and will serve as payment for generating proofs, economic security through staking and slashing, and governance.
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ETH DailyEthereum Merge Scheduled For September
ETH DailyPectra Targeted For Q1 2025
The upgrade is expected to feature EOF, PeerDAS, and EIP-7702, among other proposals.
ETH DailyJP Morgan Buys $102m BMNR Shares
J.P. Morgan acquired 1,974,144 shares of BitMine Immersion Technologies Inc. (BMNR), the world’s largest Ethereum treasury company.
ETH DailySuccinct Announces $PROVE Airdrop
$PROVE is the native token of the Succinct Prover Network and will serve as payment for generating proofs, economic security through staking and slashing, and governance.
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OpenSea CEO Devin Finzer revealed on Twitter that the NFT marketplace is laying off roughly 20% of its workforce. The layoffs come as OpenSea’s monthly volume fell by 76% for the month of June, marking its worst month since July 2021. The marketplace held an average of $2.5 billion in consistent volume each month since August. Finzer cited a prolonged downturn amid a crypto winter and broad macroeconomic instability as the reason for the lay-offs. According to Finzer, the changes will give OpenSea up to 5 years of runway at their current volume. Terminated employees will receive 12 weeks of severance pay and six months of healthcare coverage, according to Decrypt.
ZKX Protocol, a permissionless derivatives trading exchange built on StarkNet, has raised $4.6 million in a seed round. The round included participation from StarkWare, Crypto.com, Alameda Research, and Houbi Global among others. ZKX will use the funds to further the development of the protocol, fund its DAO, and continue the growth of the ZKX ecosystem. ZKX will release new features on testnet later this quarter with a mainnet release for Q4 2022. The company hopes to decentralize its node network in 2023. StarKNet is an L2 network that uses ZK-rollups and ZK-snarks, developed by StarkWare.
PolygonDAO has added Animoca Brands as its eighth hiring partner for its WAGMI JobDrops program. Other partners include Uniswap, Chainlink, Horizon, Router, and Paxo. Animoca Brands is looking to hire blockchain developers for multiple roles across its metaverse and NFT projects. PolygonDAO will host its first virtual job fair series for blockchain developers on July 23rd. WAGMI JobDrops is Polygon’s job board with over 500 verified web3 positions.
Jeremy Allaire, the CEO of Circle, released a transparency report for its USDC stablecoin. According to the report, Circle has $42.1 billion in US Treasury securities, $13.5 billion in cash, and $55.7 billion in $USDC reserves. Allaire stated the company is working towards daily public reporting on reserve assets and is seeking permission from its banking partners to disclose how much cash is held at each institution.
OpenSea CEO Devin Finzer revealed on Twitter that the NFT marketplace is laying off roughly 20% of its workforce. The layoffs come as OpenSea’s monthly volume fell by 76% for the month of June, marking its worst month since July 2021. The marketplace held an average of $2.5 billion in consistent volume each month since August. Finzer cited a prolonged downturn amid a crypto winter and broad macroeconomic instability as the reason for the lay-offs. According to Finzer, the changes will give OpenSea up to 5 years of runway at their current volume. Terminated employees will receive 12 weeks of severance pay and six months of healthcare coverage, according to Decrypt.
ZKX Protocol, a permissionless derivatives trading exchange built on StarkNet, has raised $4.6 million in a seed round. The round included participation from StarkWare, Crypto.com, Alameda Research, and Houbi Global among others. ZKX will use the funds to further the development of the protocol, fund its DAO, and continue the growth of the ZKX ecosystem. ZKX will release new features on testnet later this quarter with a mainnet release for Q4 2022. The company hopes to decentralize its node network in 2023. StarKNet is an L2 network that uses ZK-rollups and ZK-snarks, developed by StarkWare.
PolygonDAO has added Animoca Brands as its eighth hiring partner for its WAGMI JobDrops program. Other partners include Uniswap, Chainlink, Horizon, Router, and Paxo. Animoca Brands is looking to hire blockchain developers for multiple roles across its metaverse and NFT projects. PolygonDAO will host its first virtual job fair series for blockchain developers on July 23rd. WAGMI JobDrops is Polygon’s job board with over 500 verified web3 positions.
Jeremy Allaire, the CEO of Circle, released a transparency report for its USDC stablecoin. According to the report, Circle has $42.1 billion in US Treasury securities, $13.5 billion in cash, and $55.7 billion in $USDC reserves. Allaire stated the company is working towards daily public reporting on reserve assets and is seeking permission from its banking partners to disclose how much cash is held at each institution.
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