The Ethereum layer-2 project MegaETH has received enormous interest from crypto investors during its active token sale. The auction, which opened Monday, received committed funds totalling over $450 million within hours of opening, far exceeding its original fundraising goal of $50 million. The rush for commitments represents an oversubscription of 8.9 times and is a clear indication of the market’s excitement for this high-performance blockchain network. Token Distribution and Market Dynamics The initial coin offering sets aside 5% of MegaETH’s total token supply of 10 billion tokens for early contributors. Individuals can invest anywhere from a minimum of $2,650 to a maximum of $186,282.…
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New Automated Markets and localized experiences that are customized for Asian users are being introduced by the prediction protocol Myriad, which is expanding to BNB Chain. One of these experiences will be a Mandarin-language version that will be released in the near future. Following the integrations with Abstract earlier this year and Linea in July, the launch represents a significant milestone in the multichain strategy that Myriad has been working on. The deployment of Myriad on BNB Chain not only enables millions of prospective users to use the platform, but it also helps the project achieve its objective of providing prediction markets that…
The second-largest cryptocurrency exchange in the world based on trading volume, Bybit, revealed that its Perpetual Contracts would now include an automated funding rate settlement frequency adjustment functionality. With a complete deployment anticipated by November 3, 2025, at 6 a.m. UTC, the feature goes into effect on October 30, 2025, at 8 a.m. UTC. By dynamically modifying funding rate settlement frequency in accordance with current market circumstances, the new feature aims to improve trade responsiveness and efficiency. The system will automatically change the settlement frequency to once per hour when the funding rate for a perpetual contract hits its predetermined upper or lower limit…