Friend.Tech’s 24-hour fee jump places the social app in the top three projects for fee generation, only behind Ethereum and Lido, according to data from DeFiLlama. Let’s find out more. 

Ethereum

According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Ark Invest and 21Shares are teaming up to apply for an Ethereum Futures Exchange Traded Fund (ETF).

Cryptocurrency exchange Bitstamp announced it would end Ethereum (ETH) staking services to its US customers as of September 25 due to the rigid US regulatory environment.

According to a post by Farcaster co-founder Dan Romero on August 23, the decentralized social media protocol is migrating to OP Mainnet.

DeFi

Shiba Inu’s much-anticipated Shibarium network, a layer-2 solution built on Ethereum, is gearing up for a fresh launch after encountering initial setbacks.

Blockchain oracle provider API3 has announced that it is launching a new data feed service suite for Polygon zkEVM, designed from a new push oracle solution that’s centered around first-party architecture.

The dYdX foundation has published a list of guidelines and requirements that validators and stakers must comply with to ensure maximum user protection. 

Altcoins

The PEPE token registered a sharp decline in price after millions of meme tokens flooded prominent crypto exchanges such as Binanc

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Author: Amara Khatri

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