Multinational conglomerate Sony Group Corp unveiled its Ethereum Layer-2 blockchain, Soneium, as part of a sustained bid to enter into the realm of Web3 technology. Bullish for ETH 🎮

The USDD stablecoin, issued by the TRON DAO Reserve, has lost its Bitcoin backing with the removal of 12,000 BTC from its formerly listed collateral address, now it's only backed by TRX 🫤

Tether, the issuer of the world’s largest stablecoin, USDT, has calculated to forgo its own blockchain launch, citing market saturation and strategic concerns 🤑

NFT platform Magic Eden announced the launch of its token 🖼

🔹 Last 24 hours top 3 gainers:

Core - $1.17 (↑11.94%)

Sei - $0.32 (↑11.25%)

GALA - $0.02 (↑11.48%)