CLAUDE
dYdX Initiates Token Migration Following Layer-1 Blockchain Inception
Antonio Juliano, dYdX founder, has flagged an upcoming large-scale migration of locked $DYDX tokens to the dYdX Chain following its recent launch. This migration, strictly abiding by legal agreements, marks a significant phase in dYdX's transition to a layer-1 blockchain, amplifying the utility of DYDX tokens for staking and governance purposes.
OKX Ventures Invests in Celestia Lab's Series B Funding for Modular Blockchain Development
OKX Ventures has invested in Celestia Lab's Series B funding round to advance the development of the first modular blockchain network, Celestia. This investment aligns with the growing trend towards modularity in blockchain technology, aimed at overcoming scalability issues inherent in traditional Layer-1 chains. The initiative also underscores OKX Ventures’ broader commitment to fostering blockchain innovation globally.
Fantom's Evolution: From Technical Innovations to Ecosystem Expansion
Fantom continues to innovate despite facing challenges in its DeFi ecosystem. With planned technical upgrades and a focus on growing its developer community, the network aims for a robust and diversified blockchain ecosystem.
Venom Foundation Announces the Release of its Public Testnet
Venom, a Layer-1 blockchain that operates out of the Abu Dhabi Global Market (ADGM), today announced that its public testnet is officially live. The milestone marks a significant accomplishment in Venom’s roadmap as it prepares to launch on mainnet. Along with the testnet launch, Venom has also unveiled a host of in-house developed decentralized applications as part of its growing ecosystem.