News Explorer — Linea Completes DeFi Mainnet Launch With ERC20 Token Bridge

Linea Completes DeFi Mainnet Launch With ERC20 Token Bridge

Linea has completed the final stage of its mainnet launch by deploying an ERC20 token bridge, allowing third-party bridges to integrate with the network and bring in new DeFi apps. The network has already seen over 150 dApps deploy and has a total value locked of $31 million. Linea is also working on a unique prover technology called Vortex and plans to integrate besu as its execution client to decentralize its network nodes.

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Decrypt

Bitcoin Hits All-Time High in Argentina Following Javier Milei’s Shocking Win

Bitcoin has reached its highest value ever in Argentina following the surprising victory of a crypto-friendly libertaria… Read Summary

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The Block

Shiba Inu and Other Memecoins Decline Following Shibarium Launch

Shiba Inu’s decline is attributed to the launch of Shibarium, a layer 2 memecoin ecosystem, at the Blockchain Futurist C… Read Summary

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Decrypt

Grimace Forever: McDonald’s Is Giving Away Free NFTs That You Can’t Trade

McDonald’s Singapore is launching a giveaway of 2,000 NFT collectibles featuring the fast food icon Grimace. The NFTs wi… Read Summary

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Blockworks

Linea Completes DeFi Mainnet Launch With ERC20 Token Bridge

Linea has completed the final stage of its mainnet launch by deploying an ERC20 token bridge, allowing third-party bridg… Read Summary

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Decrypt

SHIB Developers Deploy Layer-2 Shibarium to Ethereum Mainnet

The Shiba Inu SHIB ecosystem has launched Shibarium, its Ethereum layer2 network, after an extensive beta testnet phase… Read Summary

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Reuters

Valkyrie Files for Ethereum Futures ETF With the SEC

Asset manager Valkyrie has filed for an Ethereum-focused ETF with the US SEC. The ETF will invest in ether futures and o… Read Summary

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Blockworks

Former FTX Executive Sina Nader Brings Celebrity-Studded Resume to Mysten Labs

Sina Nader, former head of partnerships for FTX US, has joined Mysten Labs as head of strategy. Nader, who previously wo… Read Summary

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Decrypt

Coinbase Gives Out $120,000 Worth of Bitcoin to WNBA Players

Coinbase has awarded WNBA players $120,000 worth of Bitcoin as part of its sponsorship of the league. Each player receiv… Read Summary

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Decrypt

Coinbase’s Crypto Futures Could Put an End to Bitcoin Market’s ‘Open Secret’

Coinbase has received regulatory approval to offer crypto futures trading in the U.S., allowing customers to seamlessly… Read Summary

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Aug 16, 7:56 am

Decrypt

Crypto Custodian BitGo Hits $1.75B Valuation After Latest Funding

Crypto custodian BitGo has raised $100 million in a Series C financing round, bringing its valuation to $1.75 billion. T… Read Summary

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Aug 16, 7:28 am

Decrypt

Ledger Adds PayPal as On-Ramp for Bitcoin, Ethereum Purchases

Ledger, a hardware crypto wallet provider, has partnered with PayPal to launch a new onramp solution. Users can now use… Read Summary

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Aug 16, 6:33 am

Decrypt

Greenwashing’: Gitcoin, Shell Partnership Draws Fire From Crypto Pundits

Open-source funding platform Gitcoin is facing backlash after announcing a partnership with fossil fuel giant Shell. She… Read Summary

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Aug 16, 3:40 am

Cointelegraph

PayPal to Pause Crypto Purchases for UK Customers From October

PayPal is temporarily pausing cryptocurrency purchases for its UK customers starting from October 1, 2023, in order to c… Read Summary

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Aug 16, 4:43 am

Coindesk

BitGo Raises $100 Million at a $1.75 Billion Valuation

Crypto custodian BitGo has raised $100 million at a valuation of $1.75 billion, some of which will go towards “strategic… Read Summary

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