Day: February 7, 2025

Kraken’s Ink L2 sees surge in active addresses, user retention holds above 80%

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Key Takeaways Kraken’s InkChain, built on the Optimism Superchain, has seen a significant increase in active addresses since January 2025. InkChain supports SuperchainERC20 tokens, enhancing cross-chain interactions and EVM compatibility within the DeFi space. Share this article Kraken’s Ink, a Layer 2 blockchain built on the Optimism Superchain, has recorded a surge in active addresses since late January 2025, maintaining user retention rates above 80%. 🔥Active addresses on @inkonchain have surged since the end of January. 🔥Furthermore, its retention rate remains above 80%, not only attracting more users but also…

El Salvador Is Still Bitcoin Country

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Follow Frank on X. El Salvador is still Bitcoin country, despite the fact that bitcoin is no longer legal tender in the country — at least from where I’m sitting. Let’s start with some background on the matter. On January 29, 2025, the Legislative Assembly in El Salvador voted to remove bitcoin’s status as legal tender. This means that businesses in the country no longer have to accept bitcoin (not that this rule was ever strictly enforced while bitcoin was classified as legal currency, as far as I know; however,…

Tornado Cash co-founder just got out of prison

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Key Takeaways Alexey Pertsev, co-founder of Tornado Cash, has been released from prison under electronic monitoring. The TORN token increased in value following news of Pertsev’s release, highlighting ongoing debates in the crypto sector. Share this article Alexey Pertsev, co-founder of Tornado Cash, has been released from prison and placed under electronic monitoring as he prepares to appeal his money laundering conviction related to the crypto mixer platform. Freedom is priceless, but my freedom cost a lot of money. My house arrest was only possible thanks to the work of…