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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
A member of the Curve community proposed to stop all subsequent L2 network integration work.
PANews, August 4th - Curve community member phil00Llama recently proposed to "stop all subsequent Layer 2 development," suggesting that the deployed L2s can be retained, but recommending the termination of further development. He believes that L2 chains require maintenance effort on par with Ethereum Mainnet, but with meager returns (currently, the total daily revenue from all L2s is about $1500); the iteration of L2 technology is extremely fast, and it has a short-lived characteristic, leading to high operational pressure; the development team could focus their efforts on more valuable areas. So far, only one community member has commented on this proposal: "This proposal is so radical that it should be more thoroughly explained."