30 Oct 202418:09
Project update
Crypto Events Recap, October 29-30

Crypto Events Recap, October 29-30

=nil; Foundation

Launches Testnet V1 looking to tackle scalability and fragmentation issues on Ethereum.



Stacks

Activated its long-awaited Nakamoto upgrade, designed to make transactions faster.



Swell

Switches to OP Stack to develop rollup, replacing earlier plan to use Polygon CDK.



Magic Eden

$TestME token for Magic Eden's forthcoming airdrop crosses $6 million market capitalization.



Consensys

To lay off 160 employees (20% of staff) across all divisions.



MANTRA

Adeed Google as a primary validator for MANTRA Chain.



Gemini

Received preliminary approval for MPI license in Singapore.



Kraken

To cuts off 15% of its workforce, according to NY Times.



dYdX

Announced its plans to lay off 35% of the core team.



Arthur Hayes

Dropped its new essay dubbed Let's Go Bitcoin.



Blocklords

$LRDS has been listed on the SynFeatures with 10x leverage.



World Liberty

Announced its plans to issue an own stablecoin.