The Protocol: Layer-2 Eclipses Airdrop Goes Live
Eclipse, a layer-2 network combining Ethereum and Solana tech, launched its $ES token airdrop, distributing 15% of its 1 billion token supply to early supporters and developers over the next 30 days. Another development is RISC Zero's 'Boundless' incentivized testnet which is a decentralized zero-knowledge compute marketplace, went live on Coinbase's Base network and is supported by the Ethereum Foundation, Wormhole, and EigenLayer. There's a proposal being discussed to freeze Bitcoin addresses secured by older cryptography, including those of Satoshi Nakamoto, to protect against future quantum computer attacks. Aethir and Credible Finance introduced a credit card and loan product backed by a decentralized physical infrastructure network (DePIN), allowing Aethir token holders to access stablecoin credit without selling their tokens. SharpLink Gaming stated that it has become the largest corporate holder of Ether with 280,706 ETH worth roughly $840 million at current prices. In regulatory news, the House of Representatives delayed a vote on crypto bills due to procedural issues, but a vote may occur soon. The criminal trial for Tornado Cash developer Roman Storm has begun in New York, with a jury selected to decide on charges related to money laundering and sanctions violations. Ripple has expanded its institutional custody services into the Middle East by partnering with UAE-based tokenization platform Ctrl Alt.