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Demex Daily #378: Celo Becomes Ethereum L2 for Greater Security and Liquidity What’s Interesting Today: Celo has transitioned from a layer-1 blockchain to an Ethereum layer-2 protocol using optimistic rollups. The move enhances Celo’s security, scalability, and composability with Ethereum-native applications while maintaining one-second block times and low transaction costs. By leveraging Ethereum’s network effects,
Demex Daily #377: BlackRock Expands Bitcoin ETP and Tokenized Assets What’s Interesting Today: BlackRock has launched the iShares Bitcoin ETP (IB1T) in Europe, listing it on German, French, and Dutch exchanges, with Coinbase providing custody. This follows the success of its U.S. Bitcoin ETF, which has attracted nearly $40 billion in net inflows. BlackRock’s crypto offerings continue
Demex Daily #376: Berachain Redefines Block Rewards with Proof of Liquidity What’s Interesting Today: Berachain’s Proof of Liquidity (PoL), launched on March 24, introduces a dual-token model where BERA secures the network and BGT governs rewards. With 37 reward vaults distributing emissions, protocols compete to attract liquidity. Now the fifth-largest blockchain ($5.3B TVL), Berachain limits validators
Demex Daily #375: OneKey Now Natively Supports MetaMask What’s Interesting Today: OneKey, an open-source crypto hardware wallet backed by Coinbase Ventures, is now natively integrated with MetaMask. This update allows users to connect OneKey via USB or Air-Gapped (QR code) signing, enhancing security by keeping private keys offline. OneKey’s flagship Pro and Classic 1s
Demex Daily #374: Canary Capital Files for First NFT & Token ETF Approval What’s Interesting Today: Canary Capital has filed for SEC approval to launch the Canary PENGU ETF, which will hold both the Solana-based PENGU token and Pudgy Penguins NFTs. PENGU surged in value after its January launch but has since dropped 90% from its peak. The ETF filing comes
Demex Daily #373: EigenLayer Strengthens Ethereum Security with New Integrations What’s Interesting Today: EigenLayer is expanding its role in Ethereum’s modular security with new integrations into Mantle Network and ZKsync. Mantle has adopted EigenDA for data availability, improving scalability and validator decentralization, while ZKsync is using EigenDA for data storage and integrating EigenLayer’s AVSs for decentralized zk
Demex Daily #372: Onchain Labs Boosts Arbitrum Amid Ethereum's L2 Struggles What’s Interesting Today: Offchain Labs, the developers of Arbitrum, have launched Onchain Labs, an incubator program to expand Arbitrum’s DApp ecosystem by supporting innovative projects while promoting fair launches. This comes amid growing concerns over Ethereum’s fragmentation due to the rapid rise of Layer 2 networks, which
Demex Daily #371: Ethena and Securitize Launch Converge to Bridge DeFi and RWAs What’s Interesting Today: Ethena Labs and Securitize are launching Converge, an EVM blockchain designed to bridge DeFi and real-world asset (RWA) tokenization for retail and institutional investors. Converge will integrate major DeFi projects like Ethereal, Morpho, and Aave Labs’ Horizon, with custodial support from Anchorage, Copper, and RedStone.
Demex Daily #370: TON Society Applauds Durov’s Release as Free Speech Win What’s Interesting Today: The TON Society celebrated Pavel Durov’s release and departure from France on March 15, calling it a victory for free speech, online privacy, and innovation. Durov, detained since August 24, 2024, faced strong support from the crypto industry and free speech advocates, who condemned France’