Daily Bits

Franklin Templeton has launched its tokenized Franklin OnChain U.S. Government Money Fund (FOBXX) on the Avalanche network.

Tether has announced a new stablecoin pegged to the UAE dirham, in collaboration with Phoenix Group PLC and Green Acorn Investments Ltd.

Balaji Srinivasan has launched a 3-month pop-up city in Singapore called "The Network School," inspired by his book, "The Network State."

Bybit, the world's second-largest crypto exchange, has introduced the Bybit P2P Shield to enhance security and restore confidence in peer-to-peer (P2P) cryptocurrency trading.

Justin Sun's DeFi platform, Sun.io, launched SunPump, a memecoin launchpad on the Tron network.

Chainlink has launched its Data Streams and Verifiable Random Function (VRF) products on Base, a layer-2 blockchain incubated by Coinbase.

Eigen Labs is set to roll out Permissionless Token Support for the EigenLayer protocol, enabling the addition of any ERC-20 token as a restakable asset.

Grayscale Investments®, the world's largest crypto asset manager, announced the launch of the Grayscale® MakerDAO Trust.

Symbiotic has launched its Devnet after extensive research and development, emphasizing decentralization with full sovereignty, flexibility, and modularity.

BitGo announced the diversification of its Wrapped Bitcoin (WBTC) custody from the U.S. to Singapore and Hong Kong, involving a joint venture with BiT Global and a partnership with Tron's Justin Sun.