Business
Ondo Finance’s crypto wallet, labeled on Etherscan as “OUSD Instant Manager,” is the largest recipient of BUIDL’s monthly dividend receiving roughly 42% of the total pot.
DeFi
A 10% airdrop of ZkSync tokens could be worth over $1.3 billion, which is almost double zkSync’s current TVL of $852 million.
Bitcoin
Implementing OP_CAT is a preliminary step to incorporating a new layer 2 that could connect Bitcoin and Ethereum.
Solana
Solana saw the highest number of new token launches ever recorded on the blockchain last month, as celebrities joined the cohort of memecoin enthusiasts.
The last time exchanges held a comparable record low percentage of the entire BTC supply was in Dec. 2017, and for ETH, Oct. 2015, the same year Ethereum had its first transaction.
The memecoin inspired by Matt Furie’s Boys’ club comic has recovered from a local trough after allegations that BRETT’s rollout was dominated by insider activity.
USDe’s market cap reached an all-time high, equaling the market cap of all stablecoins on Solana.
Consensys’ zkEVM network Linea paused block production for around an hour to prevent additional funds from being bridged out after a DEX built on the network was exploited for around $6.8 million worth of ether.
Ethereum
Matter Labs has decided to drop all trademark applications for the term “ZK” after several industry leaders took issue with the entity trying to use the legal system “to claim a public good for itself.”
Regulation
U.S. President Joe Biden said he would not support “measures that jeopardize the well-being of consumers and investors” after vetoing a resolution that would have overturned the SEC’s controversial SAB121.
