The Block
Quick Take Web3 infrastructure provider Ankr has launched Rollup-as-a-Service support for zkSync Hyperchains on testnet, enabling developers to customize and deploy independent Layer 2 chains for their decentralized applications.
Quick Take Shares in crypto mining firm Phoenix Group rose by around 50% on its first day of trading on the Abu Dhabi Securities Exchange (ADX) today, following its $370 million IPO. The IPO was oversubscribed by 33 times amid a surge in Bitcoin mining stocks and the broader crypto market.
Quick Take Thirdweb, a web3 developer platform, disclosed a security vulnerability in its open-source library. The vulnerability specifically targets pre-built smart contracts provided by Thirdweb, affecting multiple NFT collections.
Quick Take BlackRock and Bitwise updated their S-1 filings for spot bitcoin ETFs with the SEC on Monday.
Quick Take Robinhood said Monday that November Crypto Notional Trading Volumes were about 75% above October 2023 levels.
Bitcoin’s price has hit $42,000 as it has recovered to pre-Terra crash levels.Liquidations spiked by over $160 million in the past 24 hours, with the majority being short positions.
Quick Take Blur’s NFT marketplace now holds almost 80% of non-fungible token trading volume as activity in the sector spikes. OpenSea’s NFT market share has declined to a low of almost 17% of total trading volume, according to data from The Block.
Quick Take Digital asset investment products recorded a further $176 million inflows last week, hitting a 10-week streak of $1.76 billion — the highest since the bull market peak of October 2021, when futures-based bitcoin ETF products launched in the U.S. Bitcoin funds recorded $133 million of inflows and ether products $31 million, as the first and second cryptocurrencies by market cap reached price levels not seen in 18 months.
Quick Take Franklin Templeton CEO Jenny Johnson reportedly holds BTC, ETH, UNI and SUSHI. Those investments are “small for my overall portfolio,” Johnson told Fortune in an interview.
Quick Take Osmosis, the largest decentralized exchange on Cosmos, and lending protocol UX Chain are proposing a merger. The merger proposal includes integrating UX Chain’s lending logic with Osmosis’ decentralized exchange, aiming to form a comprehensive DeFi hub. If approved, the process will begin with integrating UX Chain’s codebase into Osmosis Chain, combining their capabilities and total value locked. Separate governance votes from each network’s community will guide the merger process, including the
