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In the second quarter, the NEAR network maintained a stable level of daily active accounts, averaging 58,000 active accounts per day — link
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Ajna launches oracle and governance-free lending protocol on Ethereum — link
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Polygon proposes token switch from MATIC to POL for more utility — link
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BNB Chain to tackle blockchain exploit risks in major July hard fork — link
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🔫 LG Uplus to enter fashion metaverse
South Korea‘s LG Uplus Corp., has launched a fashion metaverse business, starting this month, with the clothing store Meta Slap, a digital service for office workers, to develop metaverse commerce in fashion. Recently, LG Uplus said that it has inked a memorandum of understanding (MOU) with domestic fashion firms Z-Emotion, which develops 3D simulation-based costume design software, and Ation Fashion, which owns the casual brand Polham. The latter created a method in May that makes it possible to create metaverse costumes. This month, the three businesses will run a fashion boutique in Meta Slap using a ground-breaking innovative concept for a clothes store that combines the real and virtual worlds. The website will produce and market offline goods in addition to avatar clothing and accessories. “The (San Mateo, California-based) metaverse platform Roblox says five of 10 metaverse users were found to dress up their avatars at least once a week,” an LG Uplus source said. The three sides plan to link their metaverse business to an artificial intelligence fitting room.
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The Jackson Pollock Studio splatters beyond the physical, releases digital art collection — link
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Coinbase unveils decentralized messaging in wallets with XMTP — link
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a16z crypto, Snoop Dogg join $20 million Series A funding round for web3 music firm Sound — link
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Solana May Get NFT Royalties Enforceable Through New Metaplex Standard
Creator royalties have dropped substantially in the Solana NFT sector recently, as top marketplace Magic Eden made paying them optional last week after rivals that shied away from royalties snatched away market share. Now Metaplex, the maker of Solana’s NFT standard, says it is developing a new standard that could enforce royalty payments across the board. While artists and creators can set royalty rates through project smart contracts.
The firm said that the existing Metaplex standard is used by more than 99% of all Solana NFTs created so far. Metaplex said it can create enforceable royalties by expanding its token metadata program, which is how NFT makers add the data and information that makes an NFT—or blockchain token representing ownership in an item—unique from one another.
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Tokenized U.S. Treasurys surpass $600m as crypto investors capture TradFi yield — link
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💰 Solana May Get NFT Royalties Enforceable Through New Metaplex Standard
Creator royalties have dropped substantially in the Solana NFT sector recently, as top marketplace Magic Eden made paying them optional last week after rivals that shied away from royalties snatched away market share. Now Metaplex, the maker of Solana’s NFT standard, says it is developing a new standard that could enforce royalty payments across the board. While artists and creators can set royalty rates through project smart contracts. The firm said that the existing Metaplex standard is used by more than 99% of all Solana NFTs created so far. Metaplex said it can create enforceable royalties by expanding its token metadata program, which is how NFT makers add the data and information that makes an NFT—or blockchain token representing ownership in an item—unique from one another. Metaplex’s tweet thread reveals that it aims to support multiple NFT asset standards within its framework, providing creators with options for future projects. Since Metaplex technology is already widely supported by marketplaces and wallets, it may be appropriate to implement changes that could affect the entire Solana Maker community.
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AI-backed web3 security firm Olympix raises $4.3M — link
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Another $103 million in crypto assets transferred away from Multichain: Beosin — link
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Microsoft partners with Axelar on blockchain interoperability solutions — link
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Safe wallet adds 'ERC-4337' to boost account abstraction features — link
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Real-world asset platform Ondo Finance expands tokenized Treasurys to Polygon — link
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LG Uplus to enter fashion metaverse
South Korea‘s LG Uplus Corp., has launched a fashion metaverse business, starting this month, with the clothing store Meta Slap, a digital service for office workers, to develop metaverse commerce in fashion. Recently, LG Uplus said that it has inked a memorandum of understanding (MOU) with domestic fashion firms Z-Emotion, which develops 3D simulation-based costume design software, and Ation Fashion, which owns the casual brand Polham.
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In Q2, the total DEX volume reached $189 billion, representing a 24% decrease compared to the total of $249 billion in Q1 — link
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Binance Labs commits $15 million to buzzy F2P startup — link
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Google Play changes policy on tokenized digital assets, allowing NFTs in apps and games — link
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In Q2, Moonbeam led in TVL with $60M among Polkadot parachains. The top 4 parachains have a combined TVL of $140M.
In liquid staking, Parallel has the highest TVL at $190M, followed by Acala at $170M, driven by their liquid crowd loan platforms — link
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Get Protocol raises $4.5 Million to take on Ticketmaster with NFT tickets — link
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In Q2, 1inch maintained a significant lead over other aggregators, accounting for 49% of all direct-user volume share — link
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Layer-2 blockchain Starknet's ‘Quantum Leap’ upgrade goes live, for speedier transactions — link
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Aptos voting to enable fungible assets with network upgrade — link
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In June, TVL on the BNB chain declined by nearly $1B, settling at just $3.4B. This latest June TVL figure contrasts starkly with last year's figure of $5.3B and represents a 36% YoY drop.
Compared to other ecosystems, in percentage terms, the decline in BNB chain’s TVL was twice as much as Optimism's and 14x as much as Ethereum's — link
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Former security engineer arrested in NY after allegedly defrauding a DeFi exchange, stealing $9 million — link
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Alts share of trade volume on Korean markets is on the rise again after falling to a 16-month low in May — link
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ConsenSys launches Linea Layer 2 on mainnet alpha release — link
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