Top Blockchain News of the Week
Date: 2023-12-16 Author: Dima Zakharov Categories: BLOCKCHAIN
Bitcoin Ordinals Surpasses $46 Million in Daily Trading Volume
On December 14, 2023, the trading volume on the Bitcoin Ordinals market reached a record-breaking high, surpassing $46 million. This achievement marked a historic milestone in the world of cryptocurrencies.
Arbitrum One Faces Network Disruption
On December 15, 2023, due to a sudden surge in network traffic caused by Minting activity, Arbitrum One experienced a 1.5-hour network disruption. Thankfully, the gas prices on Arbitrum One have stabilized, and the network has returned to normal operation.
Solana's DEX Records $1.475 Billion in Trading Volume
DefiLlama data indicates that on December 16, 2023, decentralized exchanges (DEX) on the Solana blockchain recorded a trading volume of approximately $1.475 billion. This figure is four times higher than the Total Value Locked (TVL) on Solana's decentralized exchanges and exceeds the DEX trading volume on the Ethereum network.
Cronos Labs Announces Cronos zkEVM
Cronos Labs has announced the launch of a new Layer 2 network, Cronos zkEVM, supported by the ZK Stack software package developed by Matter Labs for zkSync. The mainnet release is scheduled for the second quarter of 2024.
Worldcoin Updates World ID Protocol
Worldcoin has released an update to its World ID protocol, introducing several enhancements, including the integration of applications and the ability to recover Orb in case of World ID loss. This update also integrates with platforms such as Reddit, Discord, Shopify, Minecraft, and Telegram.
Ethereum SSV Launches Closed Network
Ethereum SSV's staking platform has launched a closed network utilizing distributed verification technology (DVT). Developers claim it to be the first "unsanctioned network capable of enhancing Ethereum's security."
Binance Announces Launch of Launchpool Fusionist (ACE)
Binance has announced the launch of its 40th project, Launchpool Fusionist (ACE), with spot trading set to commence on December 18. Users will have access to ACE trading pairs, including ACE/BTC, ACE/USDT, ACE/BNB, ACE/FDUSD, and ACE/TRY.
Donald Trump Unveils Mugshot NFT Collection
Former U.S. President Donald Trump has unveiled his third NFT collection, "Mugshot NFT," priced at $99 per item. Owners of all 47 Mugshot NFT cards will receive a dinner with the billionaire at Mar-a-Lago and a former president's costume.
Ubisoft to Launch NFTs for Champions Tactics: Grimoria Chronicles
Ubisoft has announced the launch of NFTs for its debut blockchain game, Champions Tactics: Grimoria Chronicles, on December 18. The project will be deployed on the Oasys network and will feature a collection of 9,999 NFT Warlords.
DeFi SafeMoon Files for Bankruptcy on BNB Network
Finally, the DeFi protocol SafeMoon, operating on the Binance Smart Chain (BNB), has officially filed for bankruptcy, marking a significant development in the world of decentralized finance.
