1⃣ The Ethereum EIL interoperability layer is accelerating its implementation
The EIL (Ethereum Interoperability Layer) promoted by the Ethereum Foundation has completed core module testing, allowing users to seamlessly transfer, mint NFTs, and trade assets across different L2s using the same wallet without manual bridging. Gas fees can also be paid by the Paymaster mechanism, further alleviating the multi-chain fragmentation issue.
2⃣ The total market value of gold-backed stablecoins has surpassed 4 billion dollars
The tokenized gold market continues to explode, with the total market value increasing nearly 3 times since the beginning of the year. Tether Gold (XAUt) accounts for approximately 2.2 billion dollars with a 50% market share, while PAXG ranks second, together accounting for nearly 90% of the market share and becoming an important choice for risk-averse funds.
BlackRock continues to increase its holdings in ETH, with significant institutional layout.
On-chain data shows that an address suspected to be associated with BlackRock has withdrawn approximately 12,000 ETH (worth over $34 million) from CEX in the past 24 hours, with a recent total increase in ETH holdings worth over $53 million, indicating institutional optimism about Ethereum's technological upgrades and long-term value.
The ZKsync Atlas upgrade has landed, with real-time liquidity interconnection between L1/L2.
ZKsync officially activates the Atlas upgrade, with TPS breaking 15,000, ZK final confirmation time shortened to about 1 second, and real-time liquidity interconnection between L1 and L2 achieved. dApps based on ZKsync can directly call Ethereum mainnet liquidity pools without the need to build separate pools, significantly improving ecosystem efficiency.
Naver's $10.3 billion acquisition of Upbit has been completed.
South Korean internet giant Naver's $10.3 billion stock acquisition of Upbit's operator Dunamu has been completed, making Naver Finance its wholly-owned parent company. This transaction sets a record for mergers and acquisitions in the crypto industry, accelerating the integration of the local crypto ecosystem in South Korea.
Bitcoin Core's first public audit has concluded, and no high-risk vulnerabilities were found.
The third-party security company Quarkslab has completed the first public audit in Bitcoin Core's history, investing 100 person-days to comprehensively check the core module. The results found no high-risk or medium-risk vulnerabilities, only two low-risk optimization suggestions were made, further validating the security of the BTC core code.
Ripple's valuation rises to $40 billion, receives $500 million in a new round of financing.
Ripple completes a new round of financing of $500 million, led by institutions such as Citadel Securities and Pantera Capital, with a post-investment valuation of $40 billion. This round of funding will be used to expand cross-border payment scenarios, strengthen compliance layout, and market expansion.
BNB Chain Fermi hard fork stress test has commenced.
BNB Chain launches Fermi hard fork testnet stress test, core upgrades will shorten block interval from 750 milliseconds to 450 milliseconds, expected to improve network throughput and transaction processing efficiency by about 40%, the mainnet activation time has not been announced.
The forecasting market Kalshi has secured $1 billion in financing, with its valuation doubling.
Compliance forecasting market platform Kalshi completes $1 billion financing, with a valuation of $11 billion, doubling from two months ago. This round of financing was led by Sequoia and CapitalG, with participation from Paradigm, further intensifying competition in the compliance forecasting market.
Circle launches xReserve, making cross-chain stablecoin issuance easier.
Circle launches xReserve cross-chain infrastructure, allowing project parties to issue native stablecoins based on USDC 1:1, with reserves managed uniformly by smart contracts, without relying on third-party cross-chain bridges. Canton and Stacks will be the first to integrate this solution, and the cross-chain stablecoin ecosystem is expected to thrive further.
(Like, follow, scan the code to join the group, lots of benefits)
