12 Aug 202413:13
Project update
Crypto Events Recap, August 9-12

Crypto Events Recap, August 9-12

Ethereum

The daily amount of ETH burned has reached its lowest level in the past few years. Gas fees are now ranging between 1 and 2 GWEI.



Photon Labs

Introduced the Solar Nation NFT collection with 3,850 NFTs, serving as the exclusive gateway to the Eclipse Node Sale.



Celsius

Filed a lawsuit against Tether to claw back Bitcoin worth $2.4B, sold as the crypto lender began to collapse.



Canto

The network restarted following a 'consensus issue' causing an outage lasting over 28H following a problematic software upgrade.



Outlanders

Unveiled that its first crypto mobile MMORPG game will go live on the App Store and Google Play Market in Q1 2025.



AutoLayer

Announced its integration with Nektar Network, a multi-layered restaking network built on top of Ethereum.



Zesh

Teamed up with Cluster Protocol, a Proof of Compute protocol and open source community for decentralized AI models.



Hyperlane

Introduced the Hyperlane Foundation alongside with HYPE token. Hyperlane is an open interoperability framework.