ccBTC, a token backed by 1:1 Bitcoin reserves, has been launched on the CKB mainnet. Cactus Custody, a subsidiary of Matrixport, serves as the custodian of BTC assets for ccBTC, ensuring the careful management of the Bitcoin reserves that support ccBTC. Meson Finance, a leading cross-chain service provider in the Bitcoin ecosystem, has officially launched on the CKB mainnet and supports ccBTC as the designated cross-chain bridge of CKB Eco Fund, helping users to realize the cross-chain circulation of ccBTC assets on mainstream public chains and BTC Layer2. Before July 31, users can enjoy a free cross-chain experience through this cross-chain bridge.
ccBTC will use the features of Nervos CKB and RGB++ protocols to ensure the safe flow of BTC between Bitcoin ecosystems and help various DApps use Bitcoin assets. Previously, CKB Eco Fund announced a strategic partnership with Cross-Chain Tokens (ccTokens) and Meson Finance to facilitate the deployment and issuance of ccBTC on the CKB mainchain and introduce Bitcoin liquidity to the CKB mainnet.
Crypto mining company Marathon Digital (MARA) announced that it has launched Kaspa mining operations. Kaspa is an open source, decentralized and fully scalable Layer-1 protocol that uses proof of work as its consensus mechanism. Unlike Bitcoin, Kaspa uses BlockDAG (directed acyclic graph) and can generate multiple blocks at the same time.
RSS3 announced on X that Google Cloud is now officially running nodes on the RSS3 network.
BlockBeats previously reported that on April 5, according to official news, RSS3 and Google Cloud will work together to promote the development of open information layer, artificial intelligence (AI) and Web3. RSS3 will work with Google Entrepreneur Cloud Program to provide developers with unprecedented technical support in the fields of artificial intelligence and Web3. Support creative projects and independent developers through the Open Information Fund.
Binance launches the first Binance World Championship with a prize pool of over $4.2 million.
The tournament is inspired by multiple upcoming global sporting events and includes three skill-based competitions and three exclusive promotions within the Binance ecosystem.
The tournament is open to everyone from newbies to seasoned veterans. Users will not only have the opportunity to learn, but also win prizes. The tournament begins today and runs until June 25, 2024.
According to official news, Notcoin, the TON ecosystem Click-to-Earn game project, stated that approximately 5% of the token NOT supply will be distributed to more than 500,000 community members and trading platform users.
Avail, the Polygon modular blockchain project, tweeted that it has started the second phase of airdrop applications. To reward the Avail community, Phase 2 is rolling out rewards for multiple groups, including:
• Provide rewards for more Clash of Nodes participants;
• Rewards for users of the Polygon PoS Liquid Stake protocol.
The event will run from now until May 12 at 16:00 UTC
DePIN project Roam (formerly MetaBlox) has recently received another investment from Samsung Next after completing a strategic round of financing of US$ 5 million at the end of 2023. This investment will further promote the construction of Roam in the DeWi track ecosystem and global WiFi roaming network nodes.
The global WiFi roaming network has begun to take shape, driven by Roam’s decentralized solution. Samsung Next said that Samsung and Roam are both members of the WBA organization. The two share a common vision of achieving seamless global WiFi roaming, and Roam’s innovative Web3 solution provides the last piece of the puzzle for the implementation of OpenRoaming™ networks. With the support of Saumsung Next, Roam will accelerate the construction of a globally unified decentralized WiFi roaming network, reshape the WiFi connection experience, and build a more secure and friendly user ecosystem.
The public consultation on Hong Kong's virtual asset over-the-counter trading service provider (OTC) licensing system ended last Friday, but the system only covers a very small number of currencies such as Bitcoin and Ethereum, causing concerns among some practitioners.
In response to this situation, the Hong Kong Virtual Asset Industry Association called on officials to exempt USDT and USDC from transaction restrictions to avoid significant impact on business development. Some practitioners said that reducing the number of tradable currencies may lead to the transfer of business to other regions. In addition, some practitioners have expressed concerns about the proposed transfer threshold of HK$ 8,000 to strengthen customer due diligence, arguing that it may lead to a loss of customers. At the same time, requirements such as appointing a compliance officer and a money laundering reporting officer may pose significant cost pressures for smaller OTCs.
Jeremy Horn, co-founder of Xterio, a chain game publisher, posted on social media, “The SocialFi platform will be launched soon, aiming to create new promotion strategies, encourage users to create content, build a bridge between tokens and NFT collectibles, and reward each participant. And build a strong Xterio community."
Ripple development arm RippleX has revealed a technical issue affecting the automated market maker (AMM) pool on the XRP Ledger. The breach disrupted transactions and funding pools, prompting RippleX management to update users on the status of fund deposits.
It is reported that the issue can cause transactions to be processed incorrectly, and RippleX recommends that users no longer deposit funds into the affected AMM pool. This precautionary measure is intended to eliminate any possible complications that may arise from the current vulnerability, and those who own LP tokens in these pools are advised to redeem them until the issue is resolved.