What’s Interesting Today: The ApeCoin DAO has selected Arbitrum, an Ethereum layer-2 scaling network by Offchain Labs and Horizen Labs, to create the "ApeChain" focused on gaming for the Bored Ape ecosystem. This decision, winning over 50% of votes, aims to mitigate the high costs and

What’s Interesting Today: Prisma Finance has launched ULTRA, a stablecoin backed by Liquid Restaking Tokens (LRTs), allowing users to borrow against their LRTs while keeping restaking rewards. Initially, ULTRA supports borrowing against weETH from ether.fi, with plans to include more assets. This initiative aims to enhance the utility

What’s Interesting Today: Immutable has distinguished itself as a top performer in the Ethereum Layer 2 space, specializing in GameFi and NFT sectors, by leading the growth charts in both total value locked (TVL) and the performance of its native IMX token over the last week. The network saw

What’s Interesting Today: Starkware has introduced a staking mechanism for its Starknet token (STRK), with the possibility of holders making upwards of 12% annually. This initiative is part of the strategy to further decentralize its Ethereum layer 2 network using a proof-of-stake system, enabling STRK holders to

What’s Interesting Today: Franklin Templeton has entered the competition for an Ethereum ETF with a recent filing to the SEC, despite not achieving the same level of success as leaders BlackRock and Fidelity in its previous bitcoin ETF venture. The firm is part of a growing list of applicants

What’s Interesting Today: COTI's token price jumped after integrating its Multi-Party Computation (MPC) protocol into Ethereum's Layer 2, enhancing privacy and security. This integration allows for private computations without revealing data, marking a crucial step towards launching COTI V2. The MPC technology supports diverse

What’s Interesting Today: Frax Finance launched Fraxtal, a Layer 2 blockchain on Ethereum using the Optimism stack, announcing an airdrop of $FXTL points for veFXS stakers with a snapshot due on March 6. Fraxtal introduces the Flox incentive system, rewarding utilization per block from March 13. It promises a

What’s Interesting Today: Wormhole has announced the distribution details for its upcoming W token, setting the total at 10 billion tokens. The breakdown includes 17% for the community, 23% reserved for the Foundation's Treasury, 12% for core contributors, 31% for ecosystem development, and the balance for strategic

What’s Interesting Today: Dymension initiated its mainnet and distributed $390 million worth of DYM tokens across Solana, Ethereum, and other networks, resulting in a 58% increase in the token's price post-launch. The giveaway included 700 million DYM tokens, aiming at over a million wallets, although only