Major Project Updates

Chainlink acquires Atlas, the order flow auction protocol by Fastlane, to expand Chainlink SVR to new ecosystems.

Decentralized social media infrastructure, Neynar, is acquiring social-media-platform-turned-wallet, Farcaster.

Yield-tokenization protocol, Pendle, introduces sPENDLE to replace vePENDLE, removing the multi-year locks for 14 day withdrawal periods, alongside other tokenomics upgrades.

Memecoin launchpad, Pump.fun, introduces the Build in Public Hackathon, allocating $3M to invest in 12 projects at a $10M valuation, with mentorship and support from the Pump.fun team.

Cosmos-based stablecoin chain, Noble, announces plans to migrate to a standalone EVM L1, sunsetting their Cosmos Appchain.

Source: Binance News / Bitdegree / #CoinMarketCap

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