07 Jul 202312:46
Project update
Crypto Events Recap, July 6-7

Crypto Events Recap, July 6-7

Shiba Inu
Shiba Inu-based layer 2 blockchain Shibarium is expected to go live after a Toronto conference in August. Shibarium’s testnet, or a testing blockchain, has seen meaningful activity in the past months with 20 million transactions from an estimated 16 million wallets as of June.

Announced plans to build a Polygon zkEVM-based Layer 2 chain named Xchain based on Polygon Supernets.

Introduced its V2 upgrade with a trait bidding system and gas optimization features.

Announced bitsCrunch’s incentivized testnet. bitsCrunch, an AI-enhanced data network that delivers high-quality NFT analytics and forensic data.

Launched a wallet-as-a-service platform for developers to embed web3 wallets in their apps while offering a user-friendly design.

Impossible Finance
Expanded to zkSync Era. For now, Impossible Finance supports 6 blockchains including Arbitrum, Ethereum, BNB Chain, Aurora, and Moonriver.

Securities and Exchange Commission investigating BarnBridge DAO and individuals assosiated with the DAO.

Lightning Labs
The firm building out the Bitcoin Lightning Network, has unveiled a new suite of tools designed for AI development.

Worked with authorities to recover about $315,000 in cash and cryptocurrencies stolen in a 2016 attack on its platform.