Parallel, an Ethereum-based trading card game, crowned its first champion, Jaromír “Jarla” Vyskočil, at the Parallel League Championship, winning $100,000. The event featured 16 players competing for a total prize pool of $250,000, with Jarla dominating the finals.In addition, Parallel Studios announced the release of a mobile app for the game on March 18, expanding its reach beyond Windows PC. The championship trophy, a vinyl record that plays the game’s theme, took two months to create, highlighting the game’s unique blend of gaming and music.
about Parallel Card Game Crowns First Champion and Announces Mobile Release DateBASE, Inc.
0 in Finance and 0 in Crypto last weekBitlayer Integrates Bitcoin with Major Blockchains to Enhance Liquidity and DeFi Access
Bitlayer has partnered with five blockchains—Base, Starknet, Arbitrum, Sonic, and Plume Network—to launch the BitVM Bridge, enabling Bitcoin holders to transfer assets across these networks and tap into decentralized finance (DeFi) applications. This integration aims to unlock Bitcoin’s $1.9 trillion liquidity, enhancing its role beyond a static asset, though it faces challenges such as high transaction costs and competition from Ethereum’s ecosystem. Bitlayer’s approach, which settles transactions on Bitcoin, seeks to bolster miner fees while navigating scalability and regulatory uncertainties.
about Bitlayer Integrates Bitcoin with Major Blockchains to Enhance Liquidity and DeFi AccessBase launches new features to enhance on-chain applications and user experience
Base has launched three innovative features—Flashblocks, Base Appchains, and Smart Wallet Sub Accounts—to enhance transaction speed, scalability, and user experience in on-chain applications. Flashblocks reduces confirmation times to 200 milliseconds, while Base Appchains offer customizable Layer-3 networks for specific app needs. Smart Wallet Sub Accounts simplify multi-account management, aiming to support a billion crypto users and drive mass adoption with a target of $100 billion in on-chain assets.
about Base launches new features to enhance on-chain applications and user experienceBase Launches New Tools for Crypto Builders to Improve Efficiency
Base has unveiled new tools aimed at enhancing speed, simplicity, and scalability for crypto developers. These innovations are designed to support builders in the rapidly evolving cryptocurrency landscape, ensuring they can create more efficiently and effectively.
about Base Launches New Tools for Crypto Builders to Improve EfficiencyEthereum and Solana Face Significant Price Declines Amid Market Challenges
Ethereum is facing a potential 20% crash as it remains in a bear market, currently priced at $2,670, down over 35% since December. Competing layer-1 and layer-2 networks are gaining market share, while Ethereum’s trading volume and ETF inflows have significantly declined.Similarly, Solana’s price has dropped to $159, a 46% decrease from its February high, amid challenges in its ecosystem and a significant drop in active users and revenue. Both cryptocurrencies are showing bearish patterns, with Ethereum’s next support level at $2,166 and Solana’s at $110.
about Ethereum and Solana Face Significant Price Declines Amid Market ChallengesEthereum Foundation Faces Criticism Amid Disconnect with Crypto Community
Ethereum is facing significant challenges, including a disconnect between the Ethereum Foundation and the broader crypto community, as it struggles with competition from established and emerging Layer 1s. Despite Vitalik Buterin’s call for urgency, the need for cultural and technical changes within the ecosystem remains critical for revitalization. The situation is exacerbated by recent leadership shifts and a lack of innovative applications, leaving Ethereum at risk of losing its competitive edge.
about Ethereum Foundation Faces Criticism Amid Disconnect with Crypto CommunityAdvancements in Ethereum Interoperability and Rollup Technology for Enhanced Trading
Agglayer enables simultaneous block building across different chains, enhancing liquidity and interoperability by allowing users to trade native tokens without the hassle of managing multiple asset types. Upcoming upgrades, including EIP-3770 and EIP-7702, aim to improve user experience with human-readable addresses and smart accounts that can sponsor gas fees for cross-chain transactions. The future of Ethereum interoperability looks promising with developments in single-slot finality and the introduction of based and native rollups, which could lead to seamless ecosystem integration.
about Advancements in Ethereum Interoperability and Rollup Technology for Enhanced TradingFarm Frens Delays Token Airdrop Amid Telegram and TON Exclusivity Deal
Farm Frens has postponed its FREN token airdrop to February due to unexpected restrictions from Telegram and The Open Network (TON), which now mandates that all mini apps with crypto features must use TON exclusively. The game’s developers criticized the sudden announcement and have chosen to remain on the Base network, planning to remove on-chain interactions temporarily and develop a standalone wallet app.
about Farm Frens Delays Token Airdrop Amid Telegram and TON Exclusivity DealThe Tension Between Technology and Profit in the Crypto Space
Ethereum navigates the complex divide between technological idealism and financial gain, as its smart contracts enable non-financial applications. However, pressure mounts on Vitalik Buterin to prioritize tokenholder value, risking the commitment to decentralized public goods. This tension highlights the challenge of maintaining a focus on functional use cases in a market driven by profit.
about The Tension Between Technology and Profit in the Crypto SpaceOpenOcean Supports Sky Ecosystem for Enhanced Trading on Ethereum and Base
OpenOcean has officially integrated support for the Sky Ecosystem on Ethereum and Base, enhancing trading opportunities for USDS, sUSDS, and USDC tokens. This move facilitates greater liquidity and efficiency, particularly on the Base network, which is designed to lower trading costs. As Sky, formerly MakerDAO, transitions to its new identity, MKR tokens will convert to SKY at a rate of 24,000 SKY per MKR, with plans for full migration by 2025.
about OpenOcean Supports Sky Ecosystem for Enhanced Trading on Ethereum and BaseB3 Gaming Chain Launches Token and Expands Ecosystem on Base Network
B3, a layer-3 gaming chain on Coinbase’s Ethereum network Base, plans to launch its own ecosystem token, B3, aimed at enhancing the gaming experience for developers and players. Since its mainnet launch in August 2024, B3 has attracted over 6 million players and 80 games, with more than five dedicated gamechains set to launch this quarter. The platform also features a web-based crypto arcade, BSMNT, which offers a variety of mini games and has partnered with notable Web3 publishers like Parallel Studios for upcoming projects.
about B3 Gaming Chain Launches Token and Expands Ecosystem on Base NetworkGiza Launches ARMA for Advanced DeFi Automation on Base Network
Giza has launched ARMA on the Base network, revolutionizing DeFi with autonomous agents that optimize stablecoin yield through continuous market evaluation and execution. With over 7,000 agents deployed and $300,000 in user assets managed, ARMA enhances capital efficiency while ensuring user sovereignty through advanced security features. This innovation marks a significant shift towards automated finance, enabling users to access sophisticated strategies without manual intervention.
about Giza Launches ARMA for Advanced DeFi Automation on Base Network