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first_img Layer2 data platform L2BEAT has been renamed to ETHBEAT

Ethereum Layer 2 data platform L2BEAT announced its rebranding to ETHBEAT. The team stated that their work has clearly exceeded the scope of Layer 2, and the new name aligns with their new mission. The name change does not signify a abandonment of Layer 2 coverage; relevant monitoring will continue, but Layer 2 will no longer be the sole focus. The current emphasis is on confirming whether systems built on Ethereum truly deliver the assurances of Ethereum to users.L2BEAT was launched over five years ago, with the initial goal of organizing the rapidly developing Ethereum Layer 2 at that time. The team tracked adoption through dashboards, starting with total locked value, later adjusting to total assurance value, and expanding to data such as activity levels; they also reviewed the source code of deployed smart contracts to assess whether these systems inherit Ethereum's security guarantees.ETHBEAT will bring its existing transparency and review methods to a broader Ethereum ecosystem and collaborate with other Ethereum organizations. Layer 2 remains one of the core areas, alongside privacy and the upcoming liquid staking, while cross-chain interoperability, tokens, zero-knowledge proofs, native Rollups, and foundational layer changes will also continue to be tracked. The team also launched the CROPS guide, which includes projects that meet principles of anti-censorship, open-source, privacy, and security. Its mission is to help users understand and reduce reliance on intermediaries, clarifying whom users must trust, what these entities can do, and whether users can still exit after other participants withdraw.

a16z crypto has been renamed a16z Frontier, with its investment scope expanded to frontier technology

On October 23, a16z General Partner Chris Dixon announced that a16z crypto would be renamed a16z Frontier. The investment scope has expanded from crypto startups to a broader category of frontier technology startups, which are companies that create new technologies, open new markets, and may take years to mature. Dixon emphasized that this adjustment is an expansion of scope rather than a shift in direction, and the team will continue to invest in crypto and related businesses while advocating for reasonable crypto regulation.Dixon stated that as blockchain becomes more widely adopted, Wall Street and fintech companies have normalized the launch of on-chain products, and the importance of the "crypto company" label has diminished; companies should be defined by their business rather than the technology they use. His explanation also pointed to the AI wave, which not only focuses on using AI to perform existing tasks faster and better but also emphasizes the emergence of new native use cases, full-stack entrepreneurship that integrates software and hardware with services, and new networks that connect people with intelligent agents.Dixon believes that blockchain will continue to play an important role, providing the internet with a fast, cheap, global, and programmable funding track. Stablecoins are becoming standard tools for fintech and institutions, and they can also support machine-to-machine transactions and the cold start of new networks. The fund will be co-led by Dixon along with a16z founders Marc Andreessen, Ben Horowitz, and General Partners Eddy Lazzarin and Guy Wuollet, while the operating team will continue to serve existing and future portfolio companies in areas such as regulation, market entry, talent, marketing, and technology development.

MoonPay establishes a subsidiary in South Korea to collaborate with three major banks to enter the Asia-Pacific region, CEA Industries is renamed BNB Standard to focus on treasury strategy

According to BBX data, yesterday global publicly listed companies in the US stock market and well-known Web3 infrastructure providers disclosed the latest developments on expansion in the Asia-Pacific hub, institutional collaborations, and brand strategy restructuring. The core information is as follows:MoonPay established a subsidiary in South Korea as the Asia-Pacific hub, partnering with KakaoBank, Woori Bank, and KB Financial Group: Global cryptocurrency payment infrastructure giant MoonPay officially announced the establishment of a wholly-owned subsidiary in South Korea, planning to make it a comprehensive expansion center for the group in the Asia-Pacific region. At the same time, MoonPay has reached deep strategic cooperation with South Korea's three major mainstream financial institutions—KakaoBank, Woori Bank, and KB Financial Group. The scope of cooperation includes cross-border payment clearing, localization distribution of the Korean won stablecoin, digital wallet technology integration, and the establishment of compliant cryptocurrency fiat withdrawal and recharge channels, aiming to build a high-speed network for the flow of funds between South Korea and the global Web3.CEA Industries officially renamed to "BNB Standard," Nasdaq trading code changed to "BNC": Nasdaq-listed company CEA Industries, focusing on BNB reserve strategies, announced the completion of its brand transformation and strategic renaming, with the company name officially changed to BNB Standard. After the renaming, the company's common stock will continue to be traded on the Nasdaq Capital Market, and the securities trading code will be officially changed to "BNC." This renaming aims to directly highlight its strategic positioning of using BNB as a core treasury asset and promoting decentralized ecological investment.

first_img Tonkeeper has been renamed Keeper, supporting Bitcoin, Ethereum, and 7 other networks

TON ecosystem self-custody wallet Tonkeeper announced its rebranding to Keeper and expanded from a single TON wallet to a multi-chain wallet supporting 7 blockchain networks. According to a statement disclosed exclusively to The Block, Keeper now supports TON, Bitcoin, Ethereum, TRON, BNB Smart Chain, Arbitrum, and Base. Tonkeeper claims to be the largest self-custody wallet in the TON ecosystem, with over 77 million registered users.Andrew Rogozov, founder and CEO of The Open Platform, stated that Keeper is the next chapter, aiming to bring the wallet experience known for its simplicity from TON to a broader crypto economy, with the goal of creating the default self-custody wallet for a multi-chain world, allowing users to freely hold, trade, and spend across any chain. This rebranding follows changes in the management of Tonkeeper, as The Open Platform took over the operational leadership of the wallet last month, while co-founders Oleg Andreev and Oleg Illarionov remain shareholders.Keeper also includes a gas-free transaction infrastructure called Battery, which allows users to pay network fees without holding the native gas tokens of each chain. The Open Platform plans to expand Battery to all supported networks within the next year and launch native DeFi services, daily payment tools, cross-chain exchanges, a built-in decentralized application browser, and more financial products such as perpetual contract trading.

first_img Coinbase has renamed Base App to Coinbase Wallet

Coinbase announced that it has renamed the Base App to Coinbase Wallet, reversing the renaming decision made a year ago, shifting the focus of the self-custody application towards trading and broader multi-chain access. Ryan Kass, the product lead for Coinbase Wallet, stated that the wallet will serve as a "test kitchen" for products and assets not yet offered by the centralized exchange Coinbase, with the first case being perpetual contracts supported by Hyperliquid. The wallet also supports long-tail assets and plans to gradually integrate as new chains go live.The wallet also supports prediction markets and tokenized stocks. Coinbase stated that the Base App has evolved into a broader multi-chain trading platform, making the restoration of the Coinbase Wallet name a reasonable move. Coinbase promotes the wallet with the selling points of "no KYC, no waiting, borderless," allowing users to start trading within minutes after downloading the app, although some features are still subject to regional restrictions. The wallet will automatically detect and hide scam or malicious tokens, and new markets and asset classes must undergo strict product and compliance reviews before going live.In terms of background, Coinbase renamed Coinbase Wallet to Base App in July 2025, positioning it as a "universal app" that integrates social, mini-apps, messaging, payments, and trading. CEO Brian Armstrong admitted in March this year that the social experiment was "not very successful," after which Base founder Jesse Pollak handed over leadership of the app to Jordan "Cobie" Fish.

first_img Renzo renamed itself Renzo Finance and launched the Hyperliquid basis trading product

The re-staking protocol Renzo Protocol announced its name change to Renzo Finance and launched its first on-chain structured yield product Renzo Basis, which will go live on Hyperliquid, initially supporting BTC and HYPE. Lucas Kozinski, founder of Renzo Labs, stated that basis trading earns funding rate income by simultaneously holding a spot long and a perpetual contract short. Since the long and short positions hedge each other, asset price fluctuations do not affect the yield, and users earn the fees paid by perpetual traders every hour.Renzo stated that the product achieves automation through a triple protection mechanism, including hedge protection, yield protection, and safety buffer. Currently, the product does not use AI automation but instead conducts trading and strategy monitoring through Hyperliquid's proxy wallet (API wallet) with user authorization, without holding user funds. The relevant protection parameters can be customized by users. Renzo emphasized that its product differs from competitors such as Ethena and Bitwise's Superstate in that it is fully on-chain, self-custodied, and allows depositors to choose their own assets, trading venues, and risk parameters.Renzo Basis plans to support all assets on Hyperliquid that have both spot and perpetual markets and expand to other DeFi platforms, with the next stop being Lighter on Robinhood, where on-chain stock perpetual basis trading will be introduced.
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