Ethereum Foundation reveals latest work on 'Interop Layer' to make L2 ecosystem 'feel like one chain'

Block’s Square business is showing early signs of recovery as new lending models and wider distribution help close the gap between payment volume and profit.Cash App’s expanding crypto capabilities, including Lightning and stablecoin payments, further link its consumer and merchant ecosystems.

The Canadian government narrowly won favor in Parliament for its budget push that includes a new policy governing stablecoins.

The Ethereum Foundation’s Account Abstraction team published a blog post on Tuesday outlining the goals for the upcoming Ethereum Interop Layer, which is now open for testing.

[U.S. Aviation Industry Groups Call to Prevent Government Shutdowns from Disrupting Air Traffic] Senate testimony reveals that U.S. aviation industry groups will call for permanent measures to prevent disruptions to air traffic during government shutdowns. Previously, a U.S. government shutdown disrupted travel for 6 million passengers and affected 50,000 flights.

[Bank of England MPC Member Dhingra Suggests Lowering Interest Rates to Neutral Level as Soon as Possible] Bank of England Monetary Policy Committee member Dhingra stated that interest rates should be lowered to a neutral level as soon as possible.