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Daily News Summary 24/10

October 24, 2024 Tóth Balázs
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Base to Decentralize its Network

Base, the Ethereum layer-2 network incubated by Coinbase, has announced that by the end of the month, it will introduce permissionless fault proofs to decentralize the network and eliminate single-party control. Launched last year, Base has since become the largest layer-2 rollup on Ethereum by total value locked and is part of the Superchain ecosystem.

STOKR’s Bitcoin Power Plans in the EU

Luxembourg-based digital asset marketplace STOKR plans to create one of the EU’s first corporate bitcoin treasuries. Following a recent $7.98 million funding round, a significant portion of the funds will be used to establish this bitcoin treasury, following the strategy of MicroStrategy. The company aims to introduce new bitcoin-based tokenized assets and build infrastructure to streamline institutional tokenization using native bitcoin Layer 2 technologies.

Kraken to Launch Its Own Blockchain in Early 2025

Crypto broker Kraken plans to launch its own layer-2 blockchain, named “Ink,” in the first quarter of 2025. Built using the OP Stack, Ink will be part of the broader Ethereum ecosystem under the Superchain, offering users access to DeFi applications, including trading, lending, and borrowing services.

GnosisDAO Launches $40 Million Venture Fund

GnosisDAO has announced the launch of a $40 million venture fund to support early-stage projects. The GnosisVC fund will primarily focus on real-world assets, crypto infrastructure, and payment solutions. Partly governed by GNO token holders, the fund has already made preliminary investments in platforms like Monerium, the developer of EURE fiat infrastructure, and Naptha AI, a decentralized AI startup.

Ankr Integrates with the TON Blockchain

Web3 infrastructure provider Ankr has integrated with The Open Network (TON), offering developers a gateway to build on the TON blockchain. The development of mini-apps and mini-games for Telegram using TON has gained popularity in recent months. This integration will allow developers to create dApps that unlock access to Telegram’s 950 million-strong user base.
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