Starknet Token Holders Ratify Plan to Implement Staking, in Landmark Decentralized Election
The new mechanism on Starknet means that anyone holding more than 20,000 STRK will be able to stake on the network, from the fourth quarter of this year.
Technology
Ethereum’s Vitalik Buterin Amps Up Pressure on Layer-2 Networks to Decentralize Further
In 2022, Buterin proposed a set of stages for rollups, to classify them in their pursuit of decentralization. The criteria is meant to showcase that rollups tend to rely on “training wheels” and deploy their protocols to users before it’s ready to fully decentralize.
Tune.FM, Music Streaming Project on Hedera Blockchain, Gets $50M Capital Commitment
The news comes just eight months after Tune.FM shared it had raised $20 million in a funding round.
Build-on-Bitcoin Trend Imports Another Concept from Ethereum: the DAO
RootstockCollective, the first DAO on the Bitcoin layer 2, is designed to encourage builders and users of Rootstock
Protocol Village: Flight-Tracking DePIN Protocol Wingbits Raises $3.5M
Protocol Village is CoinDesk’s living column chronicling blockchain tech project updates (CoinDesk)
The Protocol: Polymarket Bets Pay Off as Memecoin Memorializes ‘Dwebate’
Crypto wasn’t even mentioned during Tuesday’s U.S. presidential debate between former President Donald Trump and Vice President Kamala Harris. But there was a parallel universe of often-ridiculous trading around the faceoff – taking place on blockchain-based prediction markets and memecoin launchpads.
Osmosis Launches Cross-Chain Token Portal ‘Polaris,’ Expanding Beyond Cosmos Roots
Polaris is described as a “token portal” aimed at solving one of decentralized finance’s biggest challenges: fragmented user experience.
PayPal, Venmo to Accept ENS’s Human-Readable Blockchain Names
The news could signal a renewed interest from traditional payment platforms in cryptocurrencies and blockchain technologies.
Polygon to Buy $5M of Servers With Computer Chips Devoted to Zero-Knowledge Cryptography
The purchase is part of a deal with hardware maker Fabric, that is also producing custom zero-knowledge chips for Polygon’s AggLayer.
Snapshot, Popular DAO Voting Platform, Finally Moves On-Chain, Atop Starknet
Snapshot X, the new governance protocol, makes use of storage proofs – a cryptographic feature that StarkWare, the primary developer of Starknet, has helped innovate and embraced.