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Sophon has launched its mainnet, marking the first Validium on ZKsync powered by Avail DA, with over $500 million in total value locked. The platform focuses on user-friendly entertainment applications and has partnered with industry leaders to enhance mainstream crypto engagement. Node holders will start receiving rewards in January 2025, with full token transferability expected in Q1 2025.
Quantum computing advancements pose significant risks to Bitcoin's encryption, potentially requiring up to 305 days for protocol updates to ensure security. This lengthy downtime could lead to economic losses of $912 million and strain the network's already criticized transaction speeds. Experts warn that as quantum technology evolves, the urgency for Bitcoin to adapt grows, highlighting the need for strategies to mitigate these threats while maintaining functionality.
Solana has achieved a remarkable milestone by recording 66.9 million daily transactions, outpacing its competitors. This surge in activity is largely attributed to the Pudgy Penguins NFT initiative, which has significantly driven engagement on the platform.
Sophon has launched its mainnet, introducing the first Validium on ZKsync powered by Avail, achieving over $500M in Total Value Locked (TVL). With a focus on user experience, Sophon partners with industry leaders to enhance blockchain applications in entertainment and gaming, setting a new standard for scalability and decentralization.
Amihan Entertainment has announced a token launch and airdrop for its Telegram game, Farm Frens, set for January 2025 on the Ethereum layer-2 network, Base. Players' airdrop allocations will depend on their in-game earnings and NFT holdings, with the exact date remaining a surprise. The studio aims to integrate Farm Frens with the upcoming Everseed tower defense game, emphasizing a future where AI enhances interactive entertainment.
VeChain is transforming the data economy by leveraging blockchain technology to enhance the "marginal effect," enabling the tokenization of billions of low-value transactions into digital assets. This approach supports peer-to-peer value exchange and aligns with Web3's decentralization ethos. Collaborations with major brands and initiatives like Blockchain Biospheres aim to promote sustainability and traceability, positioning VeChain for significant growth in the tokenized asset market, projected to reach $16 trillion by 2030.
HashKey Group launched its Ethereum layer-2 mainnet, HashKey Chain, on December 18, following a successful testnet that registered over 860,000 wallets and recorded 24.72 million transactions. The mainnet achieved 400 transactions per second and low gas fees, enhancing the user experience for decentralized applications. This launch coincides with Hong Kong's regulatory advancements in cryptocurrency, including a proposed stablecoin bill and the approval of four new virtual asset trading platforms.
VeBetterDAO, built on the VeChain blockchain, aims to revolutionize the $16 trillion sustainability market through community-driven governance and tokenization of sustainable assets. The platform incentivizes eco-friendly actions, rewarding participants with $B3TR tokens for initiatives like litter collection, thereby promoting transparency and engagement in sustainability efforts. By integrating blockchain solutions, VeBetterDAO seeks to address global environmental challenges while fostering a participative and democratic community model.
Sui is set to enhance its ecosystem by integrating Bitcoin's security and liquidity through a partnership with SatLayer, a leading Bitcoin restaking platform. This collaboration will enable developers to create decentralized applications that leverage Bitcoin's massive liquidity and security, positioning Sui as a key player in the Bitcoin DeFi space. With support from major projects like Navi and Suilend, the integration aims to unlock new possibilities for users and developers alike.
Sonic Labs has launched the Sonic mainnet, an EVM-compatible layer-1 blockchain that boasts 10,000 transactions per second and sub-second finality, enhancing developer incentives and liquidity. The platform features a unique Fee Monetization model, rewarding developers with up to 90% of network fees, and facilitates a seamless upgrade from the FTM token to the new S token. Additionally, the Sonic Gateway provides a secure, decentralized bridge to Ethereum, ensuring asset protection and efficient transfers.
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