On February 21st, Zach Rynes, a well-known contributor to the Chainlink community, wrote that the idea that Meme and Celebrity coins are the entry point for ordinary users to enter the cryptocurrency field has been proven wrong. He said that these tokens actually constitute a value extraction channel for retail investors, and financial nihilism has become a negative factor in cryptocurrency culture.
According to crypto KOL @chadderbiz, Aerodrome contributor Ace (@Ace_da_Book) bought 50,000 USD token just 6 minutes after the VVV was issued. Half an hour later, the relevant parties announced the token, and through this transaction, Ace made a profit of $1 million. Ironically, after selling the tokens, Ace also tweeted "Banger launch, congrats team!" to congratulate the VVV team. Previously, Aerodrome announced that two contributors have been suspended due to suspicions of internal trading dur...
Zach Rynes, a well-known Chainlink community contributor, wrote on X: "It is highly unlikely that the US government will use one blockchain uniformly to cover all departments and agencies. Do you think the ledger requirements of EPA and FDA are exactly the same as those of DoD and DHS? Probably not. The US government will eventually use multiple private and public ledgers for a variety of different purposes...
EtherMage, a core contributor to Virtuals Protocol, announced in a post on the X platform that a fix contract has been deployed. When providing tax stream incentives to all creators, we must upgrade the contract to treat creators as suitable developers for their respective agents. In this way, the broker can hold the pledged proxy tokens, which are responsible for keeping the pool liquid. Permanent fixes are applied by increasing the maturity period to ensure that liquidity is locked for 10 year...
On January 3rd, core contributors to the cross-chain messaging protocol Hyperlane launched a token name vote on X. These include HYPR, HYPER, LANE, and EXP. Currently, HYPER has received 60.7% support.
CryptoQuant contributor Darkfost posted that Binance's stablecoin reserves reached an all-time high of $31 billion on December 11. Notably, Binance's stablecoin reserves were only $7 billion in June 2023 and have increased nearly fivefold since then. The increase in stablecoin reserves usually means that buying pressure is rising. The current reserves remain around $30 billion, indicating that investors are still actively active in the market and may continue to maintain strong buying pressure.
Abstract Chain contributor 0xCygaar posted on X that the Abstract testnet has no incentive. The testnet exists to familiarize users with Abstract and allow developers to provide a staging environment for their mainnet deployments. We don't care about testnet metrics that are easy to play with. Good luck and have fun.
According to ai16z's official push forwarding encrypted KOL and Abstract contributor cygaar (@0xCygaar), the Abstract plugin has been officially merged into ai16z's eliza, and now eliz agents can be required to perform simple ETH or ERC20 token transfers on the Abstract testnet. To use this plugin, you need to include "elizaos/plugin-abstract" in the character file, and more new features will be launched in the future.
On December 22nd, Abstract ecological contributor and crypto KOL engineer Cygaar posted on the X platform that when Abstract launches the mainnet in January next year, it will support the Eliza code base of ai16z, and Agents will be able to conduct transactions on the Abstract chain. He also pointed out that Abstract will become the ultimate consumer blockchain of Ethereum, combining Memecoins, NFT, gaming, and social and crypto wallet experiences.
Brentstone, a contributor to the privacy public chain Namada, said in the community forum that the Namada mainnet practice run will be extended until November 28, with mainnet genesis (phase 1) taking place next week (sometime between December 2 and 6).
Maartunn, a CryptoQuant contributor and market analyst, said a whale has moved 150,000 BTC (about $9.20 billion) in batches of 2,000 in recent days. Some of the funds have been sold through market maker Wintermute.
The Mantle core contributor team posted a proposal on Compound's forum to deploy Compound III to the Mantle Network, with Ethena's USDe as its base market and mETH, wETH, and FBTC as the proposed collateral assets.
At the Solana 2024 Breakpoint conference, BONK core contributor NomNone announced plans to launch BONKETP in the United States, marking the first step towards launching the first BONKETF. It is reported that BONKIETP is aimed at institutional and retail traders and is initiated by BONKDAO and strategic partners.
On September 7th, Synthetix core contributor Matt Losquadro said that Synthetix's upcoming new application chain, SNAXchain, is designed to bring cross-chain liquidity and transaction fee revenue to native token pledgers and on-chain trading products. The application chain will initially serve as an on-chain governance platform for managing Synthetix deployments on the Ethereum mainnet and Layer2 extension chains, including Optimisim, Arbitrum, and Base. Currently, Synthetix is actively explorin...
Qiao Wang, founder and core contributor to Alliance DAO, said he is seeking to invest in more startup projects that develop anti-authority products and technologies, including VPNs, decentralized ISPs, end-to-end encryption communications, and private payments.