WorldCoin announced the launch of a second-layer network called World Chain, which is scheduled to go live later this summer. World Chain aims to build a network that integrates finance and identity and will use OP Stack technology. One of the network's near-term goals is to significantly increase the Gas limit of the second-layer block to better scale and handle large volumes of transactions.
Bitcoin prices have recently fallen by 15% and could face further losses. Analysts predict that prices could drop to $59,000. Some analysts use the Elliott Wave Theory to predict this trend, while others remain optimistic based on market indicators such as the increase in the number of Bitcoin whales. However, the short-term trend of the market remains uncertain, and analysts suggest that investors should pay close attention to market dynamics
According to the monitoring of the blockchain analysis account, the wallet associated with the ONDO project recharged 200,000 OMNI tokens to the Coinbase account 20 minutes ago, with an estimated value of approximately $6.65 million. This wallet is believed to belong to an early investor in the ONDO and Omni projects. 18 hours before this transaction, the OMNI project team also distributed the same number of OMNI tokens to this wallet. This investor has frequently used Coinbase for large transactions involving ONDO tokens in recent months.
Kraken has launched a self-hosted wallet called "Kraken Wallet" that supports eight blockchains, including Bitcoin, Ethereum, Solana, Optimism, Base, Arbitrum, Polygon and Dogecoin. This wallet is an open source project, allowing developers to access and contribute to the code. In addition, Kraken will reward developers who find vulnerabilities in its open source grant program.
Coinbase announced that it will support trading of Omni Network (OMNI). If liquidity conditions are met, OMNI-USD trading will be launched in phases later today.
At a hearing on April 16, the bankruptcy court verbally approved a global settlement agreement between Gemini, Genesis and other creditors. The agreement is to fully recover the digital assets of users of the Gemini Trust Earn program. Under the agreement, Earn users will initially receive a distribution equal to 97% of their digital assets, with initial distributions expected to be made in late May or early June. The remaining distribution will be recovered from Digital Currency Group (DCG)
Google searches for "bitcoin halving" hit an all-time high, indicating that the public is paying close attention to the upcoming Bitcoin halving event. The Bitcoin halving is an event in the Bitcoin protocol that occurs approximately every four years, when the rate at which new Bitcoins are issued is cut in half. This surge in searches reflects an increased interest in how Bitcoin works.
Ronin Network will launch its first Web2 game IP, Ragnarok: Monster World, a game that allows players to collect and train monsters called Ragmons and fight other players to earn rewards. Players will be rewarded through ZENY points, which can be redeemed for game currency or tokens. The game is expected to be released in the third quarter of this year and is developed by Web3 game studio Zero X And
According to data from HODL15 Capital, a mysterious address called "Mr.100" has purchased almost all newly mined Bitcoin in the last three days. Specifically, 800 BTC were purchased on April 15, 600 BTC were purchased on April 16, and 400 BTC were purchased so far on April 17. This series of purchases indicates that "Mr.100" is actively hoarding Bitcoin.
ByteDance subsidiary BytePlus has partnered with Mysten Labs to enter the Web3 space, focusing on developing games and SocialFi applications on the Sui blockchain. The partnership will integrate BytePlus's recommendation solutions and augmented reality products to the Sui blockchain, which was chosen for its ability to support games and social media applications.