South Korean digital asset custodian BDACS adopts LayerZero's OFT standard to achieve KRW1 cross chain interoperability

The Bitcoin wallet Xverse has launched a joint venture Bitcoin staking service, where users can pair sBTC and STX tokens to participate in the Stacks PoX-5 lock up cycle. During the staking period, Bitcoin remains on the Bitcoin mainnet and is controlled by users themselves, without the need for cross chain or encapsulation. This feature requires upgrading the wallet to Xverse v2.9 version. The registration deadline is September 9th or the quota is used up early. The staking reward is expected to be issued from September 10th, Bitcoin block 966350, and the corresponding Stacks 143rd cycle. UTXO (a subsidiary of Nakamoto Inc.), HashKey Cloud, and 21shares have joined as anchor participants. Xverse has managed approximately 152 million STX non custodial pledges.

According to lookonchain monitoring, trader 0xbebb spent 4400 USDC to buy 18.6 million 4Stock tokens, currently holding a token value of approximately 780000 USD, with a return rate of 177 times, and becoming the largest holder of the token.

South Korean digital asset custodian BDACS adopts LayerZero Labs' OFT standard for the Korean won stablecoin KRW1, achieving cross chain native interoperability. LayerZero states that KRW1 has become the first Korean won stablecoin that can be natively transferred between major DeFi ecosystems, with supply flowing across networks without the need for encapsulated tokens and avoiding liquidity fragmentation.

According to GMGN data, due to speculation, the price of BNC4 on the BSC blockchain reached $33, which is 7.93 times the night trading price of $4.16 for the main stock BNC.

According to GMGN data, due to the impact of the new cryptocurrency 4Stock and BNC4 market, Niulai has fallen by 10% and Marscoin has fallen by 14.5% in the past 2.5 hours.