Track market-moving stories before they get noisy

Re.al has officially rolled out its mainnet, launching a new blockchain platform aimed at managing real-world assets such as properties and commodities and promises to return all profits to the users.

Running on Arbitrum (ARB) Orbit and powered by Gelato’s Rollup-as-a-Service, re.al has made a strong start with $40 million already locked in and 190 properties ready for tokenization.

The platform aims to address persistent issues in decentralized finance (defi) by making assets more accessible for trading, improving interoperability, and ensuring fluidity.

“Its speed, flexibility, and security are exactly what we need to nurture an ecosystem centered around tokenizing real-world assets,” said Jag Singh, re.al’s CEO, explaining why they chose Arbitrum Orbit.

From the start, re.al offers users a range of tokenized assets including real estate and Treasury Bills. Singh has introduced an innovative solution called Basket tokens, which bundle individual properties into a single, more liquid ERC-20 token. The clever approach tackles common liquidity problems and simplifies the management and integration of these assets into other financial systems.

Initial offerings and innovations “Decentralized finance aims to democratize financial services, eliminating the need for traditional intermediaries. By weaving real-world assets into the Arbitrum ecosystem, re.al is making this vision a reality,” Peter Haymond from Offchain Labs pointed out, emphasizing the broader vision.

“Re.al is merging sophisticated blockchain technology with practical web services. This fusion is poised to accelerate the adoption of real-world asset apps and could significantly transform the blockchain landscape,” Hilmar Orth, founder of Gelato, expressed his enthusiasm about the platform’s potential.

Re.al is collaborating with Gelato RaaS and other partners, such as LayerZero and RedStone Oracles, to enhance the capabilities and reach of its app ecosystem. The partnership boosts the platform’s functionality and secures a broader impact within the blockchain community.

Zug, Switzerland, June 25th, 2025, Chainwire

The partnership offers white-labeled, non-custodial, and Web2-like stablecoin loans embedded directly in your wallet or application.

Gelato, the web3 developer cloud platform, together with Morpho, the decentralized lending protocol behind some of the most trusted lending infrastructure in Ethereum, today announced the launch of Embedded Crypto-Backed Loans.

The new partnership enables Wallets, Brokers, and Fintech Apps to allow their users to instantly borrow stablecoins, like USDC, using their crypto assets as collateral. The borrowing flow has a simple, Web2-like experience that is non-custodial and fully onchain. By combining Gelato’s Smart Wallet SDK with Morpho’s permissionless lending markets, the two teams offer a complete borrowing flow that platforms can securely integrate in days.

Crypto-backed loans are fully non-custodial and onchain, governed entirely by smart contracts. Users can initiate loans in an onchain bank account powered by embedded wallet infrastructure, 7702-powered smart accounts, gasless transactions, and the ability to execute multiple transactions in a single click.

Morpho, which Coinbase recently partnered with to enable similar BTC-backed loans, brings proven lending infrastructure with over $6.5 billion in total value locked. Gelato’s Smart Wallet SDK, used by companies such as Safe, Infinex, and Gnosis Pay, handles account abstraction, one-click onboarding, and gas sponsorship, enabling applications to deliver modern, web2-style user experiences.

“We’re excited to see more platforms bring crypto-backed loans to users in a self-custodial way,” said Paul Frambot, CEO of Morpho Labs. “Morpho is built to be integrated, and Gelato makes it easy to deliver a seamless UX on top.”

Embedded Crypto-Backed Loans are designed to meet the needs of both consumer and institutional users, offering a simple, intuitive interface while preserving the non-custodial guarantees that users and platforms increasingly expect.

Key Features

Borrow USDC in one click using crypto assets like BTC as collateral Fully non-custodial and onchain No credit checks required One-click wallet creation via email, social login, or passkeys EIP-7702 powered Smart Wallet Account Embedded UX with full brand control Gasless transactions across +50 EVM chains Later this year, Gelato will introduce new security and recovery features to extend the smart wallet stack. These include passkey authentication, multi-signer two-factor approvals using regulated custodians, and onchain recovery modules tied to email or social logins. All upgrades are implemented at the smart contract level to maintain full decentralization.

A full demo of the product is available at: https://morpho-aa.demo.gelato.cloud, showcasing the end-to-end borrowing experience from wallet creation to BTC collateralization and loan issuance.

Embedded Crypto-Backed Loans are now available in beta on Polygon, Arbitrum, Optimism, and Scroll, with support for Katana coming soon. Gelato and Morpho are working closely with additional chain teams to expand deployment in the months ahead.

About Morpho

Morpho is a decentralized lending protocol, powering open, onchain money markets. It enables pooled and peer-to-peer borrowing with programmable risk parameters and oracle-based pricing. With over $6.5 billion in total value locked, Morpho is one of the most widely adopted lending platforms in Ethereum.

Users can learn more at https://morpho.org/

About Gelato

Gelato is Web3’s Developer Cloud, providing enterprises with critical infrastructure to build web2-like non-custodial applications at scale. It offers developer tooling for smart wallets, gas abstraction, and deploying enterprise-grade rollups. Gelato is used by leading apps, wallets, and protocols across the EVM ecosystem to deliver seamless, secure, and fully onchain user flows.

Users can learn more at https://gelato.cloud/

Contact Matthew Hammond
Gelato
[email protected]

The Beta Finance (BETA) team executed a noteworthy transfer from their multisig wallet to the Binance exchange, valued at approximately $7.37 million, comprising 170 million BETA coins. According to on-chain data compiled by the blockchain analysis platform The Data Nerd, this transfer represents 17% of the total supply of BETA coins, generating considerable attention within the cryptocurrency community.

BETA Coin’s 17% Supply Moves to BinanceThe identified coin transfer has sparked various speculations among the community. While the Beta Finance team has yet to provide an explanation for the reasons behind this significant transfer, many experts and market participants interpret this large sum moving to Binance as a potential sell signal.

However, some analysts suggest that such a large coin transfer could be aimed at providing liquidity in the market or may be part of a strategic agreement.

How Will Investors of the Altcoin Be Affected?The impact of this move on BETA coin holders is a pressing concern. Typically, transfers of this magnitude can lead to market fluctuations. There are prevailing fears within the community that this development might negatively affect prices, leading to a potential drop in the altcoin‘s value. Conversely, some investors believe the coins may have been transferred to Binance for locking or liquidity purposes, asserting that there is nothing to worry about. Still, such a large transfer has unsettled many investors.

According to CoinMarketCap data, BETA coin was trading at $0.04416, reflecting a modest increase of 0.66% over the past 24 hours at the time of writing. It is noteworthy that this limited price rise coincided with a decline in trading volume, which fell 5.49% to $5.87 million during the same period.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Sometimes the best product strategy is just being the last one standing when regulators finish clearing the room. That’s more or less what happened with Circle’s EURC, the euro-denominated stablecoin that has seen its wallet share expand more than six times between January 2025 and March 2026.

The token’s market cap hit approximately $460.8M by March 1, 2026, giving it over 50% of the entire euro stablecoin market.

MiCA did the heavy lifting The EU’s Markets in Crypto-Assets regulation, known as MiCA, created a compliance framework that proved too steep for many competitors. Most notably, Tether’s euro-denominated products were forced off numerous EU exchanges, effectively handing Circle the keys to the market.

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Circle operates under a single French Electronic Money Institution license that is valid across all 27 EU member states, giving the company a regulatory passport that competitors either can’t match or haven’t bothered to pursue.

EURC’s circulating supply tripled from roughly 309 million tokens at the end of 2025 to about 390 million in early 2026. That’s a 23.6% jump in just three months.

From DeFi rails to checkout counters Ingenico, one of the world’s largest payment terminal manufacturers, has integrated EURC into its infrastructure. That means the stablecoin can now be spent at over 40 million global POS terminals.

A survey found that 58% of European institutions are incorporating stablecoins into their payment systems.

What the six-fold wallet growth actually tells us Wallet share tells you how many unique holders exist relative to the broader market. A six-fold increase in wallet share means EURC isn’t just attracting bigger deposits from the same whales. It’s reaching new users at a pace that dramatically outstrips the rest of the euro stablecoin field.

The supply tripling while wallet share grew six-fold suggests organic, grassroots-level adoption alongside big institutional inflows.

MiCA licenses aren’t exclusive, and competitors will eventually navigate the regulatory process. Tether has not signaled it’s giving up on Europe, and other issuers could emerge with their own EMI licenses.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

22.07.2024 - 08:30

Update: 22.07.2024 - 08:30

Binance, the world's largest cryptocurrency exchange, continues its altcoin announcements.

At this point, Binance announced that it will support network upgrades and hard forks of altcoins named Shentu (CTK) and Rootstock Infrastructure Framework (RIF).

“Binance will support Shentu (CTK) and Rootstock Infrastructure Framework (RIF) network upgrades and hard forks to ensure the best user experience.

Shentu (CTK) network upgrade and hard fork will take place approximately on 23.07.2024 10:00 (UTC). Binance, 23.07. Starting from 09:00 (UTC) 2024, Shentu (CTK) will suspend token deposits and withdrawals on its network.

The Rootstock Infrastructure Framework (RIF) network upgrade and hard fork will take place on approximately 7/24/2024 at 10:00 (UTC). Binance will suspend token deposits and withdrawals on the Rootstock Infrastructure Framework (RIF) network as of 24.07.2024 09:00 (UTC).

After Binance announcement, CTK and RIF price started to rise.

*This is not investment advice.

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AEGIS shipped fixes for 39 findings from our internal audit, 7 of which were classified as critical. It was the largest and most consequential hard fork we've shipped since mainnet launch. The critical findings came down to 4 root causes: VM sandbox aliasing, unsafe host-side deserialization, Phoenix fee and refund binding failures, and BLS forgery.

Together, these issues affected deterministic execution, host-process memory safety, consensus authentication, supply integrity, and chain availability. We've been investigating whether any of the critical findings were exploited prior to AEGIS, and so far we've found no evidence of exploitation.

At a Glance39 fixes shipped in the AEGIS remediation wave7 critical findings plus 1 related high-severity finding from the same root cause31 additional hardening fixes across runtime, serialization, networking, consensus, cryptography, and wallet/client code4 critical root causes affecting execution, memory safety, fees, and signaturesSeveral critical findings shared the same root cause, so there were fewer unique failure modes than the raw finding count suggests.

The finding IDs are audit-local. P1 refers to Phase 1, the first audit pass of this kind across the Dusk stack. In P1.x-y, x identifies the subsystem group (such as Rusk or Plonk), and -y identifies the specific finding within that group.

The rest of this analysis breaks down each cluster: what broke, how it could be exploited, and what AEGIS changed.

Part I: Critical Findings in Depth1. VM Sandbox Aliasing: P1.1-1, P1.1-8Our findings

Two of the revised critical findings lived in piecrust, the VM sandbox layer that underpins contract execution, and both came from unsound ownership rather than business logic.

Mutation-capable session and instance state could be aliased in ways Rust is explicitly designed to prevent. The audit identified two critical manifestations of the same problem:

P1.1-1: session aliasing combined with Send/SyncP1.1-8: unconstrained lifetimes on instance references, allowing multiple simultaneous mutable referencesIn a blockchain runtime, this class of defect is worse than a normal crash. Crashes are visible. Undefined behavior can stay latent, appear only on certain paths, or surface as silently wrong computation. In a deterministic system, that means two honest nodes can execute the same code and still derive different internal outcomes. The execution boundary itself could no longer be trusted to behave deterministically.

How exploitation worked

This was not a simple one-shot remote exploit. Exploitability came from pushing the runtime into states where the code relied on ownership guarantees the type system was no longer actually providing.

A malicious contract, or just the wrong nested execution pattern, could push execution through alias-prone paths that Rust would normally rule out.

The audit also showed how hard this class of defect is to observe operationally. Without dedicated tooling, it can look fine right up until it stops being fine.

What changed in AEGIS

AEGIS reworked the affected session and instance ownership model in piecrust so the aliasing patterns the audit confirmed could no longer arise. This was a runtime correction rather than a narrow guard that only papers over one manifestation.

The same wave also shipped related runtime hardening:

Explicit call depth limits (P1.1-9)Fixes around instance reuse and reentrancy (P1.1-4)Cleanup of related aliasing-adjacent runtime behavior (P1.1-13)Once the ownership model is wrong, fixing one symptom is not enough. The remaining code still inherits the same invalid assumptions.

2. Host-Side Unsafe Deserialization: P1.2-1Our findings

The dusk-vm layer exposed host queries to contracts. Before AEGIS, those host queries deserialized contract-controlled arguments using unchecked rkyv::archived_root on bytes sourced directly from WASM linear memory. The bytes were controlled by the contract, but the deserialization ran in the host node process, not inside the sandboxed guest.

All 11 registered host queries inherited the same wrapper pattern. 8 of them deserialized types containing relative pointers and were directly exploitable via out-of-bounds reads. Once the node process is in scope, this stops being a contract-level bug and becomes a node-integrity bug.

How exploitation worked

Exploitation only required the ability to deploy a contract that called one of the affected host queries with malformed archived input.

Because archived data was interpreted without validation, crafted relative pointers could point outside the intended buffer.

The exact query was secondary. The real issue was the shared boundary assumption: untrusted bytes were being treated as structured data before validation.

What changed in AEGIS

AEGIS fixed the trust boundary, not just one query.

The host-query wrapper now validates archived input before deserializing it. In practice, that means using check_archived_root and returning a safe fallback if the archive is malformed, rather than invoking the host query on invalid data. For this boundary, validate first, deserialize second, execute last is the only defensible order.

AEGIS also used the same release wave to push related deserialization hardening across adjacent layers. The critical host-side issue was the priority, but it was treated as part of a broader unsafe-deserialization family rather than a one-off anomaly.

3. Phoenix Fee / Refund Chain: P1.5-1, P1.5-2, P1.6-1, P1.6-2Our findings

The Phoenix fee cluster mattered most because one root cause led to multiple catastrophic outcomes. The root cause was P1.5-1: the Phoenix Fee structure was not properly bound across proof generation, signing, and refund execution. The system proved one set of fee-related semantics while the execution path still trusted fee data that was not fully bound into the same security story. That gap enabled two separate critical exploit paths and a closely related high-severity attack:

P1.6-1: fee overflow in the Phoenix refund path could halt the chainP1.6-2: unvalidated fee data in the refund path could inflate supplyP1.5-2: fee malleability enabled gas refund redirection via man-in-the-middleThe cluster hit supply integrity, chain availability, and transaction authenticity at the same time. One missing invariant, three ways to break the protocol. That is why this issue sat at the center of the audit.

How exploitation worked

The exploit chain worked because the transaction skeleton and the fee semantics were not bound tightly enough across proof generation, signing, and refund execution.

In practice, an attacker could:

Commit to a legitimate max_fee in the proven part of the transactionProvide inconsistent or hostile fee parameters in the execution-facing partRely on the refund path to compute against the untrusted valuesFrom there, the attacker had three choices.

Silent inflation path (P1.6-2) Choose fee parameters that stay inside u64. Cause the refund logic to create far more value than the transaction legitimately committed to.

Chain-halt path (P1.6-1) Choose fee parameters that drive overflow in the refund arithmetic. Push validators into a deterministic failure path during block processing.

Refund theft path (P1.5-2) Intercept a Phoenix transaction on the P2P network. Replace Fee.stealth_address with an attacker-controlled address. Choose any factorization of max_fee for gas_limit and gas_price that still passes the consistency check. The gas refund note is minted to the attacker instead of the original sender.

These were three exploit outcomes of one broken invariant chain, not unrelated bugs that happened to land in the same subsystem.

What changed in AEGIS

AEGIS closed the exploitable critical paths first.

The shipped defense addressed the cluster from two directions.

For the inflation and chain-halt paths, AEGIS introduced a fee consistency check that enforced checked multiplication on gas_limit * gas_price and equality between that product and the transaction's proven max_fee. The check was enforced at two layers: mempool admission and VM execution. The split was deliberate. Mempool-only enforcement would not have been enough once a malicious proposer can bypass mempool assumptions. VM-side enforcement made the mitigation protocol-relevant rather than merely operational.

For the refund theft path, AEGIS bound the Fee.stealth_address into the transaction's security story so that modifying it would invalidate the transaction, closing the man-in-the-middle redirection vector.

AEGIS also shipped regression coverage for all three exploit classes, including tests for:

Refund inflation attemptsRefund overflow / halt attemptsFee tampering and redirection behavior4. BLS Forgery: P1.13-1Our findings

The BLS critical was a broken cryptographic construction choice, not a routine implementation bug.

The old h0 mapping used in the BLS signature path was not a secure hash-to-curve construction. That created a setting in which observing a valid signature was enough to enable forgery on arbitrary messages under the same key. BLS signatures sit directly on consensus authentication and every other trust path that treats BLS verification as reliable, so a break here doesn't stay contained inside one crate.

The severity was revised upward after deeper review because the exploit cost was low enough, and the authentication impact broad enough, that the issue crossed into critical territory.

How exploitation worked

The insecure h0 mapping reduced the message-to-curve story to something algebraically manipulable. That made signature forgery possible from a single observed valid signature.

The exact algebra matters less here than the location of the weakness: it lived in the construction itself, not in a length check or a bad conditional. The system was relying on security properties the design did not actually provide.

What changed in AEGIS

AEGIS moved the secure BLS v2 path onto a proper RFC 9380-style hash-to-curve construction with explicit domain separation. It also separated the multisig coefficient domain from the message hash domain, addressing the related collision issue (P1.13-2).

In practical terms, the secure path now uses:

RFC 9380-style hash-to-curve for h0Dedicated domain separation tags for the secure pathA legacy insecure path retained only where historical compatibility still mattersThe migration had to follow the same rule as the cryptography itself: use a correct construction for the secure path, handle older behavior explicitly, and don't assume that old and new verification semantics are interchangeable.

Part II: What Else AEGIS FixedAEGIS shipped 31 additional fixes beyond the criticals. The rest of the merged fixes mattered because they narrowed attack surface in adjacent areas even where the underlying findings were not critical.

Serialization and deserialization hardeningAEGIS removed or constrained multiple cases where untrusted bytes were being deserialized with too much trust and too little validation. That included P1.1-5, P1.3-3, P1.3-4, P1.4-3, P1.5-3, P1.12-3, P1.15-10, and P1.15-14.

The effect was broad: tighter trust boundaries across the VM, transaction parsing, prover-facing code, contract-returned data, and cross-layer serialization. Materially harder for malformed or adversarial data to trigger crashes, invalid parsing, or unsafe zero-copy assumptions.

Transaction and payload validation hardeningAEGIS tightened how transactions and execution envelopes are validated before and during execution. Around the VM/runtime boundary, AEGIS shipped execution-safety fixes (P1.1-4, P1.1-9), reducing the space for dangerous nested execution and runtime misuse.

The practical effect: more of the protocol's assumptions became explicit checks instead of implicit expectations.

Consensus correctness fixesOn the consensus side, AEGIS shipped fixes for P1.8-1, P1.8-2, and P1.8-5.

These were not catastrophic in the same way as the criticals, but consensus code has almost no room for ambiguity. The fixes tightened fault validation, corrected message behavior in open-consensus mode, and restored missing validation-result checks in ratification handling.

Net effect: a stricter definition of what the protocol accepts as a valid consensus transition.

Node and network input-bounds hardeningAEGIS closed a broad set of node-facing input issues: P1.9-1, P1.9-2, P1.9-3, P1.9-4, P1.9-5, P1.15-1, P1.15-2, and P1.15-12.

These findings were about unbounded allocation, malformed input handling, and amplification behavior across the node and networking surface.

The release made it harder to turn oversized or weakly validated network inputs into crashes, memory blowups, or avoidable propagation and amplification behavior.

Cryptographic correctness hardeningBeyond the BLS critical, AEGIS shipped a broader set of cryptographic correctness fixes in plonk, jubjub, jubjub-elgamal, and the BLS stack: P1.4-1, P1.12-1, P1.12-4, and P1.13-2. These covered transcript correctness, subgroup handling, malleability behavior, and domain separation. The same wave also included lower-severity cleanups in the same crates (P1.4-2, P1.4-4).

AEGIS tightened places where "close enough" cryptographic behavior is not acceptable.

Wallet and client-side untrusted-data hardeningAEGIS shipped client-side untrusted-data hardening through P1.16-4, which addressed unsafe handling of untrusted serialized node responses in the wallet stack.

The same trust-boundary discipline that mattered on the node side also had to be applied to clients.

The appendix includes the full AEGIS merged set, including lower-severity runtime cleanups (P1.1-13, P1.1-15, P1.1-16).

Cross-Cutting Lessons1. Unsafe code at trust boundaries needs a different review bar. The audit repeatedly found the same pattern: code near VM, serialization, or cryptographic boundaries carried more trust than it should have. In ordinary application code that may produce a local defect. In protocol code it becomes systemic risk.

2. Protocol invariants need to be enforced in multiple layers. The Phoenix fee cluster made this especially clear. It's not enough for one layer to "implicitly" constrain a value if another layer can still consume a divergent version of that value. If something matters to safety or economics, it needs to be checked at every boundary where it can be reintroduced or transformed.

3. Shared low-level patterns replicate across crates. The deserialization findings were a good example. One unsafe pattern at one boundary was bad enough, but similar assumptions also existed elsewhere in the stack. Patterns like that spread unless there's a clear default policy against them.

4. Cryptographic migrations are operational migrations. The BLS critical was not just about choosing a better formula. It was about safely moving a live protocol from one trust assumption to another: versioning, compatibility handling, rollout discipline, and explicit activation planning.

5. Mitigation and root-cause removal are not the same thing. The Phoenix fee cluster forced us to be explicit about this. AEGIS blocked the critical exploit paths, but that doesn't erase the difference between a robust mitigation and a deeper protocol-level redesign. Both matter. They're not the same thing.

What Changed in Our Engineering ProcessWe now treat serialization and deserialization boundaries as security boundaries by defaultunsafe in VM, cryptography, and host-boundary code gets a higher review bar and a narrower acceptable-use envelopeCritical remediation work is tracked as both exploit closure and root-cause closure so the two don't get conflatedSecurity fixes that change protocol behavior or verification semantics are treated as migration work, not just code patchesRegression coverage for critical findings now includes exploit-shaped tests, not just happy-path correctness testsAudit follow-up work is grouped by root cause where appropriate, because many seemingly separate findings are one systemic failure showing up in multiple placesAEGIS was the biggest release we've shipped. The protocol is stronger for it.

AppendixCritical Finding ClustersVM sandbox aliasing (P1.1-1, P1.1-8) Components: piecrust 
Remediation: Reworked session/instance ownership and alias-prone runtime behavior

Host-side unsafe deserialization (P1.2-1) Components: dusk-vm / rusk 
Remediation: Replaced unchecked host-query archive handling with validated deserialization

Phoenix fee / refund chain  (P1.5-1, P1.5-2, P1.6-1, P1.6-2) Components: phoenix, transfer contract, VM integration 
Remediation: Fee consistency checks at mempool and execution boundaries, plus regression tests

BLS forgery (P1.13-1) Components: bls12_381-bls, rusk integration 
Remediation: RFC 9380-style hash-to-curve with explicit domain separation

Other Merged AEGIS FixesVM/runtime safety (P1.1-4, P1.1-9, P1.1-13, P1.1-15, P1.1-16) Components: piecrust 
Effect: Hardened execution lifecycle, call-depth handling, and VM/runtime correctness

Serialization hardening (P1.1-5, P1.3-3, P1.3-4, P1.4-3, P1.5-3, P1.12-3, P1.15-10, P1.15-14) Components: piecrust, dusk-core, plonk, phoenix, jubjub-elgamal, rusk 
Effect: Reduced panic, OOB, and unsafe zero-copy risks at trust boundaries

Consensus correctness (P1.8-1, P1.8-2, P1.8-5) Components: consensus, rusk 
Effect: Tightened fault validation and message-handling correctness

Node/network input-bounds (P1.9-1, P1.9-2, P1.9-3, P1.9-4, P1.9-5, P1.15-1, P1.15-2, P1.15-12) Components: node-data, rusk 
Effect: Reduced remote OOM, malformed-input crash, and amplification exposure

Cryptographic correctness (P1.4-1, P1.4-2, P1.4-4, P1.12-1, P1.12-4, P1.13-2) Components: plonk, jubjub, jubjub-elgamal, bls12_381-bls 
Effect: Tightened transcript, subgroup, malleability, and domain-separation behavior

Wallet/client hardening (P1.16-4) Components: rusk-wallet 
Effect: Hardened client handling of untrusted serialized node responses

Since the turn of the new year, the crypto space has witnessed numerous innovations, with many protocols showcasing their unique use cases. As such, so many platforms have caught the eye, including Verasity, a blockchain-based video infrastructure platform. 2025 has been exciting for the protocol given its progress in the blockchain industry. 

From strategic partnerships to groundbreaking launches and tokenomic adjustments, the “1st patented adtech protocol” has positioned itself as a key player in the advertising and gaming sectors. 

With this in mind, we want to explore Verasity’s biggest updates in 2025, based on its X posts and related announcements from January until publication (the first six months). With a focus on transparency, adoption, and innovation, these developments highlight the platform’s commitment to transforming digital ecosystems.

Verasity’s 2025 Roadmap Sets the StageVerasity’s first noteworthy move was in February when it released its highly anticipated 2025 Roadmap, outlining its strategic plans for the year. The roadmap emphasized advancements in https://veraviews.com/, VeraWallet, and the dual-token ecosystem, with a notable shift to the TRON mainnet in the second quarter. This move aims to enhance scalability and flexibility, aligning with market trends. 

The roadmap serves as a foundation for Verasity’s subsequent achievements, offering stakeholders a glimpse into its long-term vision. While not a direct update, it contextualizes the company’s focus on expanding its video infrastructure and fostering community engagement throughout the year.

Partnership with DeGuard VPN Enhances Web3 Video InfrastructureOn April 8, 2025, Verasity partnered with DeGuard VPN, the largest Web3-native VPN service provider. This collaboration integrates Verasity’s VeraPlayer into DeGuard’s platform to deliver video infrastructure, enhancing how the VPN communicates its privacy-first solutions. The partnership explores synergies such as free user access passes, broadening Verasity’s reach into the privacy-focused Web3 space.

Generally, the collaboration underscores Verasity’s versatility, extending its technology beyond traditional advertising into secure digital communication. The community’s positive response suggests growing trust in Verasity’s ability to serve diverse sectors, marking a significant step in its 2025 expansion.

Major Token Burn Reduces Circulating SupplyOne of the year’s most impactful updates came on April 22, 2025, when BSCNews reported that Verasity burned 174 million $VRA tokens, the largest burn to date. Valued at approximately $230,000, this action reduced the circulating supply to 9,624,357,318 $VRA, a move aimed at increasing token scarcity and potential value. 

The token burn, detailed in Verasity’s Q1 2025 Recap on April 21, 2025, was part of a broader strategy that included new exchange listings on BTSE, LCX, OKX Singapore, ChangeHero, Exolix, and Guarda, as well as an extended staking program. However, the update sparked mixed reactions, with some users questioning its immediate impact on $VRA’s price, highlighting ongoing debates around Verasity’s tokenomics.

Collaboration with Turbo Boosts Memecoin IntegrationSimilar to its partnership with DeGuardVPN, Verasity collaborated with Turbo, a top-150 memecoin project known for its community-driven creativity. The partnership integrates VeraPlayer into TurboToadToken’s platform, enhancing its video content capabilities.

Verasity aims to use the partnership to tap into niche markets, leveraging the popularity of memecoins to expand its user base. Further, the high engagement following the announcement on X suggests strong community support, positioning the development as a key milestone in Verasity’s 2025 growth.

A landmark achievement occurred in the first week of June, when Verasity launched the UAE’s first home-grown Ad Exchange and Supply-Side Platform (SSP) under its VeraViews brand. Supported by the Ministry of Economy’s NextGenFDI initiative, the platform connects advertisers directly with verified UAE publishers, prioritizing security and fraud-free programmatic advertising. Khaleej Times, the UAE’s largest publisher, became the first to onboard, using VeraPlayer to serve premium, verified inventory.

“Khaleej Times onboarding as the first premium publisher partner signals — both to the market and to Centennial 2071 ambitions — that the UAE intends to lead, not follow, in creating a trust-first advertising ecosystem,” Olena Buyan, Chief Product Officer at VeraViews, emphasized the platform’s role in setting a global standard for transparent media technology. 

This launch addresses national transparency, trust, and anti-money laundering (AML) compliance priorities. The move has been hailed as a turning point for UAE advertisers and publishers, reducing reliance on international platforms with high fraud rates.

Partnership with WORLD3 Expands into AI Autonomous WorldsMost recently, Verasity partnered with WORLD3, a next-generation AI and blockchain platform focused on AI Autonomous Worlds. The collaboration integrates VeraPlayer infrastructure to power WORLD3’s video assets, including tutorials and real-time AI demonstrations. 

The unique partnership aligns with Verasity’s goal of combating ad fraud through its Proof of View (PoV) technology, which will later enable WORLD3 publishers to monetize content with confidence. This development positions Verasity at the forefront of immersive, blockchain-powered video distribution.

Looking Ahead: What’s Next for Verasity?Verasity’s 2025 milestones demonstrate its commitment to growth and innovation. The UAE Ad Exchange launch and AI partnerships signal a strong trajectory, while the token burn addresses supply concerns. With ongoing integrations and a focus on fraud-free advertising, Verasity is well-positioned to influence the future of digital ecosystems.

Industry observers will watch how Verasity capitalizes on these developments, particularly as it navigates the TRON mainnet transition. The company’s next steps, potentially detailed in a Q2 recap, will provide further clarity on its 2025 goals.

Verasity has launched a new off-ramp feature inside VeraWallet that allows users to convert their VRA tokens directly into fiat currency. This addition is now live and powered by Paybis, a crypto-fiat gateway provider. 

Until now, users could only buy (on-ramp) VRA via card or bank transfer inside the wallet, but this update completes the two-way flow—letting users withdraw their funds back to their bank accounts or cards.

Introducing the New VeraWallet Off‑Ramp 🔄

Today, we’re excited to roll out the highly anticipated Off‑Ramp feature in VeraWallet, powered by our trusted partners at @paybis.

Just like our On‑Ramp has let you buy $VRA in minutes, the newly added Off‑Ramp enables you to convert… pic.twitter.com/ELUBUHmswF

— Verasity (2025 ⏩) (@verasitytech) July 30, 2025 The new feature is currently limited to the ERC-777 VRA token standard, also referred to as VRA-ETH. BEP-20 VRA tokens (VRA-BSC) are not yet supported.

How the VeraWallet Off-Ramp WorksThe off-ramp enables simple conversion of VRA tokens to fiat currencies such as USD, EUR, or GBP, all within the wallet interface. Verasity has provided step-by-step instructions to use the service:

Tap Withdraw and select "Withdraw with Paybis"Complete a quick KYC verificationSelect the amount of VRA and the target fiat currencyChoose a bank account or credit/debit cardConfirm the transactionThe fiat amount is then transferred to the user’s selected destination—typically within minutes, depending on payment method and verification status.

VeraWallet: A Brief OverviewVeraWallet is Verasity’s native wallet platform supporting staking, deposits, token purchases, and now fiat withdrawals. As of August 2025, the wallet reportedly has over 350,000 users.

According to the website, key features include:

15% annual staking rewards for VRA holdersERC-777 VRA supportSimple account setup in under 5 minutesBuy, deposit, or swap VRA via card or bankThe wallet is designed to function as a central hub for VRA utility, catering to both long-term holders and active participants.

Technical and Security AspectsThe VeraWallet off-ramp integrates with Paybis for secure transaction handling. All transactions are subject to KYC checks, complying with global anti-money laundering standards.

Security features include:

Cold storage for wallet reservesUser-controlled access (only the user can access their wallet)Cyber attack insurance for added protectionThese elements aim to build user trust in a sector often criticized for limited fiat exit options and security vulnerabilities.

What the Off-Ramp Means for UsersThe new VeraWallet off-ramp gives users a full-cycle financial tool: they can now buy, stake, hold, and withdraw VRA—all in one platform. While centralized exchanges offer similar features, wallet-based options offer self-custody and more direct access to DeFi or staking tools.

The ability to convert tokens to fiat without leaving the wallet:

Simplifies the user experienceReduces transaction steps and gas feesMinimizes reliance on centralized exchanges for cashing outHowever, cross-chain users with BEP-20 VRA will need to wait for future updates or convert their tokens back to ERC-777 before using this feature.

Broader Ecosystem ContextThe off-ramp launch comes just days after Verasity expanded to BNB Chain, signaling its broader cross-chain ambitions. Binance has taken an active role in promoting Verasity, with two notable events:

Binance Alpha VRA AirdropAmount: 32,238 VRAEligibility: 200+ Alpha PointsPurpose: Reward early engagement and drive traffic to Verasity’s verification toolsBinance VRA Trading CompetitionDates: July 27 – August 10, 2025 (08:00 UTC)Reward Pool: 960,000,000 VRATop 15,000 users receive 64,000 VRA eachOnly purchases count; sales are excludedNo cap on purchase volumeResults by August 24, 2025 via Binance Alpha accountsThese events further incentivize on-chain VRA activity and visibility among Binance users.

FAQsWhat is the new off-ramp feature in VeraWallet?The off-ramp allows VeraWallet users to convert ERC-777 VRA tokens into fiat currencies and withdraw funds directly to their bank accounts or cards, powered by Paybis.

Can I withdraw BEP-20 VRA tokens through VeraWallet?No. As of now, the off-ramp only supports ERC-777 VRA (VRA-ETH). BEP-20 VRA (VRA-BSC) tokens are not supported for fiat conversion within VeraWallet.

Is KYC required to use the VeraWallet off-ramp?Yes. Users must complete a KYC verification process through Paybis before converting VRA to fiat and withdrawing funds.

ConclusionVerasity’s launch of the VeraWallet off-ramp marks a functional improvement for its 350,000+ wallet users. With the ability to convert VRA directly into fiat, users no longer have to rely on external exchanges for exits. While the feature currently supports only the ERC-777 token standard, it complements Verasity’s recent cross-chain activities and positions the wallet as a more complete ecosystem tool.

Verasity now offers its community:

A built-in fiat off-rampSeamless staking and token purchase optionsGrowing cross-chain utility with BNB Chain integrationWith VRA's technical rollout continuing, wallet-based tools such as this off-ramp may become essential for VRA users who want more control and fewer steps to manage their crypto assets.

Resources:Binance Announcement: https://www.binance.com/en/support/announcement/detail/c7c9025f8c414

Verasity Documentation: https://verasity.helpscoutdocs.com/

VeraWallet Payment Method: https://docs.payb.is/docs/payment-methods

Verasity has updated its VeraWallet to support VRA on the BNB Chain, enabling holders to manage tokens across two networks in a single interface. Users can now deposit, stake, and withdraw VRA using either Ethereum or BNB Smart Chain addresses while viewing a unified balance. This dual-network functionality aligns with Verasity’s ongoing cross-chain expansion, making VeraWallet a central hub for VRA holders.

Dual-Network Support in VeraWalletThe update introduces dual-network functionality without changing how users interact with the wallet. VRA tokens from Ethereum and BNB Smart Chain are now combined into a single balance, which users can deposit, stake, and unstake without worrying about the originating network. 

When withdrawing, the wallet includes a network selector that allows users to send tokens via the chain that suits their needs. VeraWallet also displays net amounts after fees and includes a one-click adjustment option to ensure the received amount matches the intended transfer. Staking continues as usual, and rewards distribution remains consistent regardless of network.

Storing and Staking VRAVeraWallet is designed as a custodial wallet specifically for VRA. Tokens are kept in cold storage offline to minimize exposure to online threats. Users can stake VRA at an annual percentage rate of 15%, with rewards distributed daily. Staking remains under the wallet’s security framework, reducing reliance on external DeFi platforms and avoiding exposure to unverified smart contracts.

The wallet also supports unstaking at any time, though withdrawal delays exist to maintain security. This approach balances accessibility with risk management.

Buying, Selling, and WithdrawingVeraWallet allows users to purchase VRA directly using a debit or credit card or through a bank transfer. In addition, the wallet supports converting VRA into fiat currencies such as USD, EUR, or GBP via Paybis. This off-ramp functionality eliminates the need for external exchanges, allowing holders to manage VRA entirely within the wallet.

The addition of network selection on withdrawals provides flexibility. Users can route transfers to Ethereum or BNB Smart Chain wallets, and the system automatically calculates fees to display net amounts. This feature simplifies cross-chain transfers while giving users control over network-specific decisions.

Security MeasuresVeraWallet emphasizes layered security to protect user assets. The platform stores 99.9% of funds in cold storage offline and requires mandatory two-factor authentication. Continuous monitoring detects suspicious activity, and accounts showing anomalies are automatically locked and reviewed manually. Withdrawal delays and smart contract mechanisms prevent stolen VRA tokens from entering the staking ecosystem.

KYC procedures are in place to comply with regulations and reduce illicit activity. Users must verify their identity to access certain features, including fiat conversions. Personal security practices, such as enabling 2FA, using unique passwords, and avoiding public Wi-Fi, are strongly recommended to mitigate individual risk.

Integration With Carbon BrowserThe update follows Verasity’s partnership with Carbon Browser, which integrates Verasity’s blockchain-based advertising infrastructure. Through this collaboration, VRA is supported on Carbon Browser Wallet and LDXFi. Verasity’s Proof of View system will verify engagement for Carbon’s 7 million-plus users, ensuring content and ad interactions are legitimate and fraud-resistant.

Carbon Browser itself emphasizes Web3 adoption, privacy, and speed. It supports multi-chain wallets, staking, cross-chain swaps, and access to decentralized applications, with its native $CSIX token enabling staking, governance, and rewards. The integration extends Verasity’s infrastructure to a broader user base while maintaining the integrity of video monetization.

ConclusionWith BNB Smart Chain support, VeraWallet now allows users to manage VRA across Ethereum and BNB Smart Chain networks in one place. Unified balances, flexible deposits, network-selectable withdrawals, and existing staking features make the wallet a comprehensive tool for token management. 

Strong security measures, including cold storage, two-factor authentication, withdrawal delays, and KYC compliance, maintain user protection across both networks. VeraWallet remains the primary custodial solution for VRA storage, staking, and transactions, supporting the full functionality of Verasity’s ecosystem.

Resources:Veracity X platform: https://x.com/VerasityTech

Verasity Documentation: https://verasity.helpscoutdocs.com/

VeraWallet website: https://verawallet.io/?c=IN

Verasity docs about Verawallet: https://verasity.helpscoutdocs.com/article/101-how-do-i-add-vra-to-my-verawallet

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LCX, a notable player in the digital assets exchange market, has recently announced a new strategic partnership with Clear Junction, aiming to revolutionize its fiat on-ramp capabilities. This collaboration marks a significant step forward in LCX’s commitment to enhancing user experience by incorporating instant fiat transfer systems into its services. 

By leveraging Clear Junction’s innovative financial solutions, LCX will provide its users with the ability to conduct real-time fund transfers and facilitate smoother transactions across their trading platforms.

Clear Junction, regulated by the Financial Conduct Authority (FCA) in the UK, is renowned for its robust regulatory framework and extensive experience in financial technologies. 

The company, with operations spanning across the UK, Poland, and Latvia, specializes in providing integrated payment solutions that address the limitations of traditional banking systems. Their commitment to reliability and regulatory compliance makes them an ideal partner for LCX, which continues to prioritize security and efficiency in all its exchange operations.

Strategic Advantages and Enhancements One of the most immediate benefits of this partnership is the substantial improvement in transaction speed and efficiency. LCX users can now enjoy near-instantaneous fiat deposits and withdrawals, a critical enhancement that allows traders to respond swiftly to market movements. 

This upgrade not only enhances user satisfaction but also boosts overall liquidity on the exchange, making it a more competitive player in the cryptocurrency trading space.

The integration with Clear Junction significantly extends LCX’s market reach, particularly within the European Economic Area (EEA), by connecting the exchange with a broader network of banking institutions. This expansion is instrumental in scaling LCX’s services across Europe, enabling a seamless exchange experience for a diverse user base. 

Moreover, Clear Junction’s strong emphasis on compliance with financial regulations reinforces LCX’s commitment to maintaining high security and transparency standards, ensuring that the platform remains trustworthy and reliable for its institutional and retail customers.

Clear Junction brings to the table state-of-the-art financial solutions like SEPA Instant, which allows for real-time processing of Euro transactions, including during weekends and non-banking hours. 

This capability is pivotal for traders who need immediate execution of their financial decisions. Additionally, the robust security measures implemented by Clear Junction ensure that all transactions are protected against fraud, enhancing the overall security framework of LCX’s operations.

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Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.

Coreum has announced plans to launch its XRP Ledger (XRPL) cross-chain bridge, which could allow users to move assets between Coreum and the XRPL and potentially leverage the AMM on Coreum.

Bob Ras, the co-founder of Coreum and Sologenic, shared this information in a post on X last night. He disclosed that the XRPL cross-chain bridge from Coreum is on the verge of being operational. This development will enable effortless transfers of all issued assets between the two networks.

It bears mentioning that Coreum already launched its bridge to the XRPL in the fourth quarter of 2022. However, this bridge only allows the transfer of COREUM tokens from the XRPL to the Coreum blockchain. By the end of last year, users had bridged 37 million COREUM. 

The upcoming development is set to expand this capability by also allowing the bridging of all assets from Coreum to the XRPL and vice versa. In a disclosure last December, the Sologenic team teased upcoming advancements to the bridge, including multi-asset support and bigger interoperability capabilities.

According to Bob Ras, with these advancements, assets issued on the XRP Ledger will also benefit from Coreum’s smart token technology. The smart token technology allows users and businesses to issue assets on Coreum with in-built smart contracts functionality.

XRPL Users Could Leverage the Coreum AMM In addition to this benefit, Ras emphasized that the upcoming bridge functionality will also create an opportunity for assets issued on the XRPL, including XRP, to engage actively in AMM pools on Coreum. 

Bob Ras called on builders on Coreum to help facilitate this. In particular, the Coreum co-founder beckoned on Pulsara, a Coreum-based ecosystem featuring an exchange and a token manager, among other services, and Whelp, a fast-growing Coreum-based DeFi hub.

According to Ras, these two entities could try developing a UI for the bridge and launch new pools featuring Coreum-based and XRPL-based tokens so users from both ecosystems can leverage the AMM on Coreum. He highlighted token pairs such as XRP/Coreum, SOLO/XRP, SOLO/Coreum, XRP/USDC, and SOLO/USDC. 

Notably, the XRP Ledger is also looking to welcome its native automated market maker (AMM), with the XLS-30D amendment set to be implemented on Feb. 14. The amendment has already reached the minimum consensus threshold.

Notably, the upcoming advancements to the Coreum bridge and the imminent implementation of the XLS-30D amendment could allow XRPL users to earn passive income with AMMs in both ecosystems.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

An asset tokenization altcoin is surging after announcing a new partnership with a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC).

Earlier this week, asset tokenization platform Sologenic (SOLO) announced a partnership with Texture Capital, a US-based broker-dealer that specializes in blockchain technology and digital assets.

[adinserter block="1"]

News of the collaboration served as a catalyst for the platform’s native asset, SOLO, to skyrocket from a price of $0.29 on November 21st to a price of $0.83. It has since stabilized and is trading for $0.77 at time of writing, an increase of over 110% during the last 24 hours.

Together, Sologenic and Texture Capital will roll out SoloTex, a trading platform approved by FINRA (The Financial Industry Regulatory Authority) that lets blue-chip investors tokenize securities. However, no specific date was provided for its launch.

“Solotex is currently under development. Upon regulatory approval and launch, the platform aims to transform global markets by offering access to tokenized assets…

Together, both teams are leveraging a collective expertise in blockchain development, regulatory compliance, and financial markets infrastructure to build a comprehensive platform that will aim to facilitate access to tokenized financial assets.”

Sologenic launched in 2019 as a decentralized exchange (DEX) platform built on the XRP Ledger that allowed investors to tokenize and trade stocks. It went on to incorporate crypto assets and non-fungible tokens (NFTs).

Generated Image: Midjourney

Fast-growing Bitcoin (BTC)-based layer two (L2) protocol bridge ALEX Lab (ALEX), has issued a security update following its recent breach that resulted in a $4.3 million loss. According to the announcement on the X platform, the Alex protocol attacker has so far managed more than 9,700 on-chain transactions as of Monday.

The ALEX protocol attacker created more than 4,700 unique addresses in the past seven days to enable a stealthy transfer of the stolen funds.

“The number of traceable transactions started to grow exponentially from 300 to 9600+ and this has been accelerating without sign of pause,” the company noted.

According to on-chain data analysis, the ALEX protocol attacker has been transferring small amounts of Stacks (STX) tokens to thousands of new addresses, which are later transferred to centralized exchanges (CEX).

However, the Alex protocol’s team indicated that the majority of the CEXs have frozen the stolen funds, thus preventing the attacker from gaining access. Nevertheless, the attacker is likely to use different crypto mixers available in the market to evade being identified, despite the Alex protocol team highlighting that the hacker is already doxxed.

As of this report, the attacker’s CEX balance was about 8,373,587 STX tokens. Additionally, the ALEX Lab attacker’s on-chain balance was about 5,560,332 STX tokens, which is calculated based on wallet balances above 100 STX units.

ALEX Protocol Attack and Market Outlook In a bid to find an amicable resolution, the ALEX Lab team has offered the attacker a bounty reward of 10 percent, but the offer has since expired. Furthermore, the Alex exploiter is determined to liquidate as much stolen funds as possible through sophisticated manipulations.

The ALEX protocol on the other hand is fighting to reimburse all affected individuals that impacted certain liquidity pools.

Moreover, the protocol has notable financial backing from reputable Web3 investors such as Gemini, Tribe Capital, GSR Ventures, and White Star Capital. In early 2021, ALEX Protocol raised $5.8 million to expand its developers and user experience team.

Following the announcement, the ALEX token has dropped more than 44 percent in the past seven days to trade around $0.09922 at the time of this report. The small-cap altcoin has a fully diluted valuation of around $99 million and a daily average traded volume of about $3.2 million.

On the other hand, the Stacks (STX) price dropped over 5 percent in the last 24 hours to trade around $1.80 at the time of this reporting.

Unless the ALEX protocol attacker is held accountable soon, the underlying value of both tokens will continue in a market correction.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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PANews reported on May 18th that the ALEX Lab Foundation submitted governance proposal AGP-8, proposing structural adjustments to the ALEX protocol, including ceasing ALEX community token issuance, closing the Treasury Grants Program (TGP), and introducing a protocol-driven token buyback and burn mechanism. Currently, the circulating supply of ALEX is approximately 973 million, close to the 1 billion limit. If the proposal passes, the next 32 cycles will be the final ALEX issuance cycle, after which no new tokens will be issued. Approximately 1.568 million STX tokens remain unclaimed in the TGP 2024 treasury. After a 30-day grace period, the ALEX Lab Foundation will use these funds to buy back and burn ALEX tokens at market prices. Future protocol revenue, after covering operating costs, will also be used for continued buybacks and burns. This proposal marks ALEX's shift from an inflationary to a deflationary model. Voting will take place from 10:00 AM on May 17th to 10:00 AM on May 31st (UTC+8).

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Creditcoin, a leading blockchain platform that facilitates the connection of global borrowers, lenders, and investors, has announced a strategic partnership with Plume Network, a modular Layer 2 blockchain focused on the integration of real-world assets (RWAs) with digital finance.

This collaboration aims to enhance the tokenization of RWAs and streamline compliance operations by working closely with regulators, thereby bridging the gap between traditional finance and Web3 ecosystems.

Plume Network’s dedication to bringing traditional and digital asset markets together complements Creditcoin’s mission to enhance financial inclusion by providing secure, on-chain credit records. These records demonstrate the creditworthiness of users, many of whom were previously unbanked. This partnership is expected to significantly advance the use and acceptance of RWAs in the blockchain space, leveraging both platforms’ strengths to create more robust and compliant financial solutions.

Expanding the Reach of Real-World Assets in Emerging Markets The collaboration between Creditcoin and Plume Network is set to expand the scope and functionality of RWAs in Web3 and beyond. Creditcoin’s infrastructure, which has successfully recorded over 4.27 million real-world credit transactions valued at $79.7 million and serviced 337,000 customers worldwide, will benefit from Plume’s innovative approach to asset tokenization and compliance. 

This partnership will explore the financialization of compliant, off-chain investment products into the digital asset space, shaping the future of interoperability and composability between the real world and decentralized finance (DeFi).

Creditcoin’s recent efforts include a partnership with the Central Bank of Nigeria, where it acted as a Partner Agent to increase the adoption of Nigeria’s Central Bank Digital Currency (CBDC). 

This initiative aims to integrate millions of new users into the global economy by providing robust digital banking infrastructure. With Plume’s expertise in asset tokenization and compliance, the partnership is poised to develop even more inclusive financial solutions that bridge various markets and jurisdictions.

Creditcoin 🤝 Plume Network@plumenetwork is partnering with @Creditcoin to take the real-world assets industry to the next level 🚀

Read on to discover how this strategic partnership can accelerate RWA adoption and streamline regulatory compliance ⬇️https://t.co/NG1YGYxsu0

— Creditcoin 🐧 (@Creditcoin) May 13, 2024 Enhancing Infrastructure and Network Capabilities As part of their joint efforts, Creditcoin and Plume will utilize their combined expertise and networks to foster growth in the adoption of RWAs. Creditcoin is in the testnet phase of upgrading its network to become Ethereum Virtual Machine (EVM)-compatible. This upgrade, coupled with Plume’s RWA platform, creates an optimal environment for tokenizing and discovering RWA opportunities, further enhancing the utility and reach of both platforms.

Plume Network, recognized as the first modular L2 blockchain dedicated to RWAs, integrates asset tokenization and compliance providers directly into the chain. This functionality is pivotal for ensuring that the tokenization processes adhere to regulatory standards while maintaining the flexibility and efficiency needed in the rapidly evolving digital asset landscape.

The strategic partnership between Creditcoin and Plume Network marks a significant step toward the integration of real-world and digital assets. By combining their strengths, the two platforms aim to enhance the transparency, efficiency, and compliance of RWAs within the blockchain ecosystem. This collaboration is set to redefine how assets are viewed and utilized in the digital age, promising a future where the lines between traditional and digital finance are increasingly blurred.

As the partnership progresses, the focus will remain on developing solutions that not only meet current regulatory and market needs but also anticipate future trends and challenges in the integration of RWAs. This proactive approach ensures that Creditcoin and Plume Network will continue to lead the way in creating innovative pathways between the real world and DeFi, driving greater adoption and understanding of RWAs across various sectors.

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Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.

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Ripple chief legal officer Stuart Alderoty says the recent filing by the US Securities and Exchange Commission (SEC) in its case against Ripple Labs does not appeal the ruling that XRP is not a security.

Alderoty’s comments follow an Oct. 16 Form C filing by the SEC with a pre-judgement statement against certain aspects of the court’s summary judgment. 

Alderoty Says Court Decision Regarding XRP’s Security Status “Stands As The Law Of The Land” Ripple defense attorney James Filan shared the filing on Oct. 17. In their appeal, the SEC asks the court to review its decisions related to Ripple’s XRP sales through exchange platforms. It also requests the court to review the ruling on the personal sales executed by Ripple executives Brad Garlinghouse and Chris Larsen.

The SEC went on to argue that Larsen and Galinghouse violated securities laws by offering and selling XRP. It also said that they both “aided and abetted Ripple’s violations of those provisions.”

Alderoty responded to the SEC’s request by saying that the court’s decision regarding XRP’s security status “stands as the law of the land.” He added that the fintech firm intends to file its own Form C next week.

No surprises here — once again it’s been made clear. The Court’s ruling that “XRP is not a security” is NOT being appealed. That decision stands as the law of the land.

Stay tuned for Ripple’s Form C to be filed next week. https://t.co/m9molUGSBv

— Stuart Alderoty (@s_alderoty) October 18, 2024

SEC Ripple Case Expected To Continue Through July 2025 According to a timeline shared by Fox Business producer Eleanor Terret on X, the Ripple SEC case could carry on well into July next year. After Ripple files its own Form C next week, both the regulator and Ripple Labs will need to “agree on a briefing schedule.” 

🚨NEW: Just had a great chat with @s_alderoty of @Ripple who gave me a rundown of the appeals timeline.

📌The @SECGov’s last day to file Form C (which will give some level of detail about what it plans to appeal) is tomorrow.

📌Seven days later, Ripple will file its own Form…

— Eleanor Terrett (@EleanorTerrett) October 15, 2024

Thereafter, the SEC will have up to 90 days to file its first brief according to Terrett, who cited Alderoty. She added that Alderoty believes the regulator will take advantage of this period, and try to only make its filing at the end of the 90 days. Thereafter, the full briefing process “will go through July 2025,” according to the Ripple legal chief.

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Blockchain-based game and DeFi protocol Aavegotchi (GHST) nabbed significant investor attention on Monday as its price rocketed nearly 37%. Notably, with the crypto exchange behemoth Binance extending support to the token, market sentiments for the Web3 gaming and Defi protocol have turned highly bullish. Recently, the exchange announced the launch of futures listing for GHST, following which the token’s price surged remarkably.

Binance Launches Aavegotchi (GHST) USD-Margined Perpetual Contract On September 23, Binance officially announced the launch of the Aavegotchi (GHST) USD-Margined perpetual contract (GHSTUSDT) in a release. As per the announcement, the perpetual contract will go live today at 13 UTC. Users on the platform can enjoy up to 75x leverage trading the coin. Meanwhile, the underlying asset for the contract remains Aavegotchi.

The capped funding rate set by the exchange was at +2.00% / -2.00%. However, the exchange also clarified that the contract remains subject to changes based on market risk conditions. Users may see changes in the funding fee, tick size, maximum leverage, initial margin, and maintenance margin ahead. Nevertheless, the announcement has set off waves for the gaming and Defi protocol as its price soared roughly 37% in light of the Binance listing.

Aavegotchi boasts itself as a project that has adorable ghosts on the Ethereum blockchain, each with a unique set of traits. The ghosts also contain crypto tokens, represented by collateral symbols on their heads.

Token Price Shoots Up 37% Simultaneously, GHST price surged approximately 37% in the past 24 hours to reach $1.201. The coin’s intraday low and high were recorded as $0.8713 and $1.21, respectively. Traders appear to have reacted positively to the listing announcement as the coin’s intraday trading volume surged by a staggering 1103% to $17,757,512.

It’s worth noting that today’s price upswing primarily falls in line with the abovementioned futures listing, as also seen with other tokens previously. CoinGape Media earlier reported that TON-based Catizen (CATI) price shot up over 30% upon listing on the same CEX.

Similarly, even the price of the Solana coin FIDA experienced significant gains with its futures listing on the exchange. Altogether, these past chronicles rationalize Aavegotchi (GHST) price upswing today. Crypto market enthusiasts continue to monitor the coin for further price action shifts.

With nearly 90% of votes cast against the proposal, Aavegotchi’s community appears poised to reject a $3.2 million buyout that would dissolve the DAO and transfer the IP.

With two days left to vote, Aavegotchi holders are overwhelmingly opposing a $3.2 million acquisition offer from a Chinese venture firm, with nearly 90% of participating votes cast against the deal so far.

The proposal, introduced on July 22 by a community member acting as an intermediary, outlined an offer from Rongming Investment to buy out the DAO treasury — approximately 16 million GHST — at a 60% discount to the 14-day moving average price for roughly $3.2 million in USDC stablecoins.

Although the rationale behind the proposed 60% discount remains unclear, the deal outlined in the proposal would grant Rongming Investment full rights to use and market the Aavegotchi IP, dissolve the DAO, and distribute the proceeds to active community members.

With just over 2 million GHST tokens participating, the vote has reached only 28% of the required quorum. The vote is scheduled to conclude on July 25. If the current trend holds, the acquisition offer will be rejected.

GHST Price ChartAmid the vote, GHST is up 16% in the past week, according to CoinGecko.

Aavegotchi, a DeFi game revolving around digital “fren” avatars similar to Tamagotchi, migrated from Polygon to Base earlier this year after its community voted to make the switch.

Commenting on the decision, Daniel “CoderDan” Mathews, co-founder of Pixelcraft Studios and a lead developer of Aavegotchi, explained in an X post that the move was driven by Polygon’s limited support for crypto gaming, and involved re-minting NFTs on Base and shutting down Aavegotchi’s custom Layer 3 chain, Geist, due to its low adoption.

In March 2021, Aavegotchi sold 10,000 NFTs in less than a minute, and with additional sales of wearable and consumable NFTs, players spent a total of $5.5 million.

Router Protocol, a Coinbase Ventures-backed decentralized blockchain network, has announced the mainnet launch of its Layer-1 solution Router Chain.

The launch, set for Tuesday, aims to bridge Bitcoin (BTC) and Ethereum (ETH) security to chains in the Cosmos (ATOM) ecosystem, enabling fully interoperable decentralized applications. 

Router Protocol’s mainnet launch introduces chain abstraction technology, allowing developers to create dApps for cross-chain money markets and omnichain tokens and other use cases.

Router Chain eyes a chain abstracted ecosystem Chain abstraction relates to the defragmentation of the blockchain ecosystem to allow users to interact with dApps from any chain without having to exit their current application. Abstraction also allows for interaction with the applications on disparate chains via any token, with blockchains benefitting from aggregated liquidity.

Router Protool wrote in an update that its mainnet launch is another step towards addressing challenges facing developers and the community in relation to chain abstraction within the Web3 ecosystem. Per details shared in the press release, the protocol offers a product suite that includes Router Chain, Nitro and CCIF for this goal.

Router Chain is a proof of stake layer-1 chain leveraging Tendermint’s BFT consensus mechanism and offers compatibility with EVM and non EVM chains. Meanwhile, the Cross-Chain Intent Framework is a plug-and-play infrastructure for cross-chain dApps and Nitro supports cross-chain swaps.

“By abstracting blockchain complexities, Router Protocol not only advances chain abstraction technology but enables the next generation of decentralized applications to seamlessly interact across multiple chains, boosting efficiency and reducing costs. This is the development Web3 has been waiting for,” Router Protocol founder and CEO Ramani Ramachandran said.

ROUTE as gas token Router Protocol’s mainnet launch also allows developers and users to benefit from features such as optimistic reverse verification and fast finality for fast cross-chain transfers. Meanwhile, middleware interceptors provide for customizable interactions and composability.

According to Router Protocol, the ROUTE token will serve as the platform’s gas token as well as offer staking rewards for holders.

Bridging Bitcoin, Ethereum to Cosmos Features that come with Router Chain’s mainnet launch includes canonical bridges, omnichain tokens and alloyed assets, and cross-chain money markets. Developers can leverage Router Chain for decentralized applications for cross-chain lending, borrowing and trading.

Router Chain’s multi-chain dApps feature means developers can tap into Bitcoin or Ethereum’s security, while at the same time leverage Solana for low transaction costs and speed. Router plans to launch a bridging solution for Cosmos to help mitigate the chain’s security limitations.

Also backed by QCP Capital and Wintermute among other investors, Router Protocol will look to mainnet launch to expand beyond the over 30 EVM and non-EVM chains that it currently supports.

Router Protocol has partnerships with Circle, Osmosis and Electron Labs, while its CCIF integrations include Lido, Benqi, Stakestone and Aerodrome.

AERGO has plunged over 70% since its debut on Binance Futures, prompting accusations from community members who suspect market manipulation and coordinated sell-offs may be driving the steep drop.

Aergo (AERGO) fell to an intraday low of $0.12 on April 17, afternoon Asian time, bringing its market cap down from $307 million to nearly $78.5 million as of press time. Its daily trading volume was up 88% over the past day, hovering over $1.37 billion.

Source: TradingView The drop followed a nearly two-week uptrend that began on April 6, during which AERGO rallied over 1,200% to a record high above $0.658 on April 16, before crashing roughly 75% the following day.

AERGO price started tanking less than 12 hours after its listing on Binance Futures, which enabled trading of the AERGO/USDT pair with up to 15x leverage. 

Some community members on X have questioned the timing of the crash, especially given Binance’s recent decision to delist AERGO’s spot trading pair on March 28, as part of a routine asset review process, the exchange said at that time.

https://twitter.com/anabobeshko/status/1912609676279062889

Despite the delisting, AERGO surged over 10x in the following weeks. Then, just hours after Binance reintroduced the token on its Futures platform, the sharp sell-off began, fueling further suspicion around the sequence of events.

“Binance is playing a dirty game again,” said analysts at Crypto Gem Signals, criticizing Binance for only stepping in when there’s hype to profit from, and calling the latest move further proof that it’s the “biggest fraud exchange ever.”

AERGO futures saw heavy downside pressure across major derivatives platforms, with most positions leaning bearish amid sharp drops in open interest and negative funding rates on nearly all exchanges. 

On Bybit, open interest fell over 53% to $36.48 million, while Gate.io and MEXC recorded declines of more than 50% and 71%, respectively. Funding rates were deeply negative across the board—Bybit at -3.000%, Binance at -2.000%, and Bitunix at -1.600%—indicating that traders were broadly positioned for a price decline.

In an April 17 statement shared on X, the Aergo team acknowledged the concerns around extreme volatility, clarifying that they had not been informed ahead of the token’s re-listing on Binance Futures either.  

The team has reportedly requested Binance to re-list AERGO on Spot to help minimize extreme price swings, but has not received any response from the exchange so far.

“We’re not here for short-lived pumps — we’re here to build,’ the post concluded.

Amidst this backdrop, concerns over AERGO’s token distribution have also come into focus. Altcoin Gordon, a well-followed trader on X, pointed out that over half of AERGO’s supply is held by the team, early investors, and advisors, something which they believe increases the risk of insider-driven price moves.

He also likened AERGO’s structure to OM, which recently collapsed by over 90% on April 13 after some large token holders allegedly moved funds to exchanges, triggering a cascade of forced liquidations and sparking concerns about centralized supply risks.

Updated Mar 8, 2024, 8:35 p.m. Published Jan 29, 2024, 7:00 a.m.

2 min read

(Alexander Grey/Unsplash)Trading application Unibot will issue a native Solana ecosystem token that accrues value back to holders of the original Ethereum-based UNIBOT tokens, a move that initially met with criticism and caused volatile price action last week.

Unibot expanded to the Solana ecosystem in late December but said last week it would introduce a UNISOL token that accrued revenue in the form of Solana’s SOL tokens. The decision created concerns among long-time UNIBOT holders, who feared dilution as traders would be inclined to choose the newer token in favor of the older one. A sell-off ensued.

But developers said early Monday that UNISOL could ultimately boost UNIBOT’s value accrual, helping ease some losses from the past few days as traders priced in new information. The Unibot platform connects user wallets to the decentralized exchange Uniswap and lets them punt on tokens just as easily as they would send messages to each other on the popular messaging app by using the messaging application Telegram or a terminal.

UNIBOT slid from over $100 to as low as $48. (DEXTools)“The revenue sharing for protocol revenue generated by @UnibotOnSolana is split 50/50 between two pools,” developers posted on X. “Pool #1: simply being a holder of $UNIBOT on Ethereum, no strings attached. You'll link your Ethereum address, which holds $UNIBOT to a Solana address that receives revenue in the form of SOL. Pool #2: holders of $UNISOL on Solana.”

UNIBOT holders are set to receive some 80% of the supply of UNISOL through a snapshot and claim mechanism. Since its early January launch, over 20,000 users have generated more than $130m in total volume, developers claimed Monday.

//ANNOUNCEMENT

We'd like to clear the confusion around the path forward.

The revenue sharing for protocol revenue generated by @UnibotOnSolana is split 50/50 between two pools, described as follows.
Pool #1: simply being a holder of $UNIBOT on Ethereum, no strings attached.… pic.twitter.com/vqEVVhG1FI

— Unibot (@TeamUnibot) January 28, 2024 On-chain data shows Unibot has garnered 11,700 ether (ETH) in fees since the platform went live in May, paying out a portion of this straight to token holders. Users have also steadily increased, reaching 41,000 on Monday compared to just over 2,000 at the end of last June.

On Sunday alone, the platform generated $74,000 in fees across Solana and Ethereum on $7.5 million in combined volumes.

(Dune)Per Dune Analytics, Unibot's average daily volumes are just above $5.5 million, a long way from the $900 million daily on the market-leading DEX Uniswap.

UNIBOT prices are up 21% in the past 24 hours, DEXTools data shows.

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In South Korea, a Blockchain-based social karaoke platform called Somesing was hacked last weekend. The platform announced that 730 million Somesing (SSX) tokens worth $11.58 million were stolen.

Altcoin’s Price Plummets After Hack AttackAccordingly, the stolen tokens were part of the 504 million undistributed SSX tokens planned to be released into circulation by the end of 2025, and included 226 million SSX tokens held by the Somesing Foundation, which are already part of the current circulating supply. Following the attack, the price of SSX fell by more than 10%, from $0.01851 to $0.015.

Somesing confirmed that “the hack attack has no connection with any member of the Somesing team and is presumed to have been carried out by professional hacker(s) specialized in the theft of virtual assets.” The platform reported the hack to the National Police Agency for investigation and announced plans to notify Interpol. Somesing also added that it is tracking the attacker with the help of the local Blockchain organization Klaytn Foundation and Interpol’s partner company Uppsala Security. After identifying the perpetrator, Somesing intends to freeze the assets and initiate legal proceedings.

Leading South Korean crypto exchanges such as Upbit, Bithumb, and Coinone have suspended deposit and withdrawal services for SSX at Somesing’s request and warned users about increased price volatility due to the security breach. On the other hand, other leading centralized crypto exchanges that list SSX, such as HTX and Gate.io, have not taken any action.

Cybersecurity remains a critical concern in the crypto sector, as seen in the recent hack of the Klaytn-linked protocol Orbit Bridge, which resulted in a loss of $81.5 million earlier this month. Despite this incident, the total volume of crypto hacks in 2023 has dropped by over 50% compared to 2022.

What is Somesing and How Does It Work?Operating on the Klaytn Blockchain, Somesing incentivizes users to upload karaoke recordings by rewarding them with tokens. These rewards are financed by other users who donate tokens to their favorite karaoke singers.

Singers receive 60% of the donated tokens, 20% goes to Somesing, and the remainder is allocated for copyright fees and the community.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Synthetix's sUSD stablecoin has crashed below $0.70 marking its worst depeg in years as collateral changes backfire.

The algorithmic stablecoin sUSD, a cornerstone of the Synthetix ecosystem, has spiraled into its deepest depeg in years, tumbling below $0.7 amid mounting concerns over its collateral mechanism and liquidity crunch.

This latest drop marks a stark deterioration from its already fragile state earlier this month, when it wobbled near $0.83.

A System Under Stress Data from CoinGecko shows sUSD’s highest price in the last seven days at $0.9032. However, since April 14, it has dropped steadily, going to $0.86, then to $0.76, before finally hitting rock bottom on April 18 at $0.664.

At the time of writing, the stablecoin had regained nearly 2% of its value in the last hour, although the current price of $0.70 is still an 8.8% dip in 24 hours. Its performance across longer time frames is just as bad, down 29.3% over 30 days and 29.2% year-on-year.

The situation is no better with sUSD’s Optimism version. It hit a new all-time low of $0.6476 hours ago, after going down 6.9% in the past day and 32.7% over the previous month, raising fears of a potential death spiral reminiscent of Terra’s UST collapse.

Meanwhile, a modest 0.5% uptick in the price of Synthetix’s native SNX token has not stopped it from plummeting almost 26% in the last 30 days and 77% from its yearly high.

Cascading Risks sUSD is designed to maintain a 1:1 peg with the U.S. dollar and is backed by staked SNX tokens under a collateralized debt model. However, the recent passage of SIP 420, a protocol overhaul aimed at improving capital efficiency, seems to have inadvertently destabilized the stablecoin.

You may also like: UK Central Bank Eases Stablecoin Rules Following Market Response Coinbase Urges Congress to Treat Stablecoins Like Cash and Ease Crypto Tax Burdens Peter Schiff Blasts Jamie Dimon’s Push for Bank-Style Rules on Stablecoins The update slashed the collateralization ratio from 750% to 200% and transitioned to a collective debt pool, removing a key arbitrage mechanism: stakers can no longer profit from buying depegged sUSD to repay discounted debts.

It has seemingly resulted in a vacuum of buy-side demand. As Okto Chain’s Minal Thukral noted, the absence of a peg stability module has left sUSD vulnerable to sustained sell pressure, with liquidity thinning and concentrated AMM pools only exacerbating price swings.

The crypto community is divided on the issue. While some maintain that Synthetix’s treasury, which holds about $30 million in sUSD and other assets, could act as a backstop to stem the tide, others see little reason to hold sUSD without a clear repeg plan. Even Synthetix founder Kain Warwick seems to have embraced the dark humor of the moment, renaming his X account to “kain.depeg.”

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SponsoredUpdated Mar 25, 2024, 5:01 p.m. Published Mar 25, 2024, 4:59 p.m.

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(Jason Leung/Unsplash, modified by CoinDesk)Investors will be able to deposit TrueFi's T-bill token to borrow the platform's new TRI token.TRI holders will be able to stake the token to earn a yield from borrowing fees.The offering comes as DeFi activity and demand for leverage picked up amid the current crypto bull market.Decentralized finance (DeFi) lender TrueFi unveiled plans Monday to start a real-world-asset-based (RWA) lending platform called Trinity to boost utility for its tokenized U.S. Treasury offering.

Trinity will let users take out crypto loans using tokenized RWAs as collateral. TrueFi's Treasury bill token (tfBILL) will be the first, with plans to add other yield-generating tokenized products in the future, according to a TrueFi governance proposal by ecosystem developer organization Wallfacer Labs.

Investors will be able to borrow the platform's TRI token by pledging the tfBILL tokens, using the borrowed crypto to create DeFi strategies to earn up to 15% annualized yield, the proposal said. Investors will also be able to buy TRI tokens on secondary markets such as decentralized exchanges, and stake them to earn a yield from the platform's borrowing fees.

The proposal to launch Trinity is pending approval by the TrueFi decentralized autonomous organization.

Trinity will let investors take out loans against TrueFi's tokenized Treasury bill. (Wallfacer Labs)The proposed new platform follows a resurgence in DeFi activity in recent months, with crypto-native yields and demand for leverage rapidly increasing amid the roaring digital asset bull market. The CoinDesk 20 Index, a measure of the most liquid crypto tokens, has risen almost 50% since the start of the year.

TrueFi was a key lender during the previous crypto bull cycle, originating over $1.5 billion of undercollateralized loans mainly to trading firms and market makers. As crypto prices cratered in 2022 with multiple firms imploding, some borrowers failed to repay their loans and depositors fled. The protocol's total value locked dropped to $20 million by the end of 2022 from a peak of over $900 million in 2021.

Last year, TrueFi introduced the tokenized U.S. Treasury offering, which had recently attracted $8.7 million of deposits.

TrueFi's governance token TRU$0.0₃8998 jumped 14% after the proposal was published at 15:53 UTC, and has gained some 20% in the past 24 hours.

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Origin Protocol (OGN) token holders have set forth a governance proposal to merge Origin DeFi Governance (OGV) with OGN. The protocol's lesser-known token, OGV, appreciated over 100% last month as the protocol's revenue and total value locked (TVL) continued its upward momentum.

OGV exists as the value accrual token for Origin's DeFi products. Its flagship product, Origin Ether, has $160M+ total value locked, accruing over $1 million in fees annually. At a market capitalization of $10 million, the team and its investors feel that acquiring OGV while it's undervalued will serve as a value-creating event.

Similarly, the AEVO and Ribbon merger set a precedent for token mergers aimed at enhancing product offerings and market positioning. These precedents highlight the impact token mergers can have on protocols, showcasing their ability to foster greater utility and community alignment.

The proposed merger with OGN, contingent on the approval of both the ongoing OGN governance proposal and a subsequent OGV proposal, marks a strategic consolidation aimed at enhancing Origin's product suite and improving its focus.

OGN boasts an impressive roster of backers, including Pantera, Spartan Group, HackVC, 1kx, Reddit co-founder Alexis Ohanian, YouTube co-founder Steve Chen, and Y Combinator president Garry Tan. Origin Protocol claims that the merger is the first step in the protocol's renewed roadmap, which includes ambitious products in the realm of liquid staking and restaking.

The roadmap highlights plans for broadening Origin’s footprint across various Layer 2 networks, further bolstering its capacity to offer cutting-edge solutions in yield generation and liquid staking. Origin's expansion towards Layer 2 networks Arbitrum, Base, and Optimism is poised to unlock new possibilities for scalability and utility within the Origin ecosystem and the liquid staking landscape at large.

The OGN-OGV merger will set a benchmark for mergers and acquisitions within decentralized finance. Origin Protocol's merger, along with the project’s ambitious expansion plans, have generated notable excitement from its community and the broader crypto space. The full details of Origin's yield products are scheduled to be announced this Thursday, with teasers being shared last night in the OGN governance proposal.

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