The Vega network has been upgraded with two significant changes:

⭐️The launch of the Vega <> Arbitrum bridge and
⭐️The implementation of cross-chain deposits via Squid, powered by Axelar.

The Vega <> Arbitrum bridge reduces gas fees for deposits and withdrawals of Arbitrum ERC20 assets, making it more cost-effective for users to access the Vega network.

Additionally, users can now easily deposit and withdraw assets from any EVM-compatible blockchain supported by Squid and automatically swap them to USDT or another asset supported by Vega, expanding the network's user base and market creation capabilities.

#VegaProtocol #Vega #Squid #Arbitrum $ARB #Axelar

WEEK IN REVIEW 🗞️

💥 #Binance has introduced #BNSOL - Binance $SOL liquid staking token

🐹 Binance is introducing Hamster Kombat as part of its Launchpool

🐾 Binance is introducing Catizen (CATI) on Binance Launchpool

💰 MicroStrategy buys another 18,300 Bitcoin ($1.11 billion)

⚡ Sonic blockchain hits 720 ms finality in testnet, potentially the fastest blockchain in mainnet

🏆 Stacks, Bitcoin’s smart contract layer, recently hit a milestone with over 1,400 smart contracts deployed in a month, right before the Nakamoto upgrade.

🔻 Solana’s network fees have dropped to a six-month low, aligning with the decrease in popularity of Pump.fun

🙅‍♂ #VegaProtocol community voted to shut down the network due to low popularity

👮🏼 The FBI's 2023 report revealed that Americans lost $5.6 billion to cryptocurrency fraud, a 45% increase compared to 2022

#BinanceLaunchpoolCATI #BinanceLaunchpoolHMSTR $SOL $BTC