Daily Bits

Symbiotic has launched its Devnet after extensive research and development, emphasizing decentralization with full sovereignty, flexibility, and modularity.

BitGo announced the diversification of its Wrapped Bitcoin (WBTC) custody from the U.S. to Singapore and Hong Kong, involving a joint venture with BiT Global and a partnership with Tron's Justin Sun.

Grayscale has introduced two new cryptocurrency investment trusts, the Grayscale Bittensor Trust and the Grayscale Sui Trust.

Ethena Labs has launched its stablecoin, USDe, on the Solana network, expanding from its previous availability only on Ethereum.

BlackRock and Nasdaq have filed with the US SEC to introduce options for BlackRock’s spot Ethereum ETF, iShares Ethereum Trust (ETHA), aiming to enhance market mechanisms and protect investors through greater cost efficiency and hedging opportunities.

Bybit has significantly upgraded its security features to enhance user safety and confidence.

Jump Crypto, associated with Jump Trading, is actively liquidating substantial crypto holdings, particularly after the recent U.S. launch of spot ether ETFs.

Bitlayer, a Bitcoin Layer 2 solution, has overtaken Merlin to become the leader in the Bitcoin scaling network rankings with a total value locked (TVL) of $391 million, representing 31% of the sector’s TVL.

Bybit has introduced the Indian central bank digital currency (CBDC), the digital rupee, as a new payment option.

Pump.Fun, a memecoin launchpad, has outstripped Ethereum in daily revenue within the Decentralized Finance (DeFi) sector, generating $867,429 in daily revenue over the last 24 hours compared to Ethereum's $844,276.