apechain

Yuga Labs CEO Michael Figge posted on the X platform that the team will make some adjustments to ApeCoin. Yuga Labs and ApeCo previously adopted a parallel coordination model due to unclear regulations, resulting in lower efficiency.As the regulatory environment changes, the team has decided to simplify the structure and eliminate the independent ApeCo leader role. ApeCo leader Cam will depart, and the core technology and BD teams of ApeChain will work directly with Yuga Labs, while other members will also leave, with the transition to be completed by June 5.

ChainCatcher news, the on-chain domain service D3 Global announced the launch of the domain service Ape Names on ApeChain. The launch of Ape Names domain service is part of the previous ApeCoin DAO community proposal AIP-395, aimed at promoting the ICANN application for .APE domains, allowing users to purchase and use the patent-pending Ape Names as instant Web3 identifiers.It is reported that the domains will be minted on ApeChain, and after obtaining ICANN approval, D3 will grant .APE domains to Ape Names token holders reserved, and then publicly sell them.

ChainCatcher news, the NFT platform Magic Eden has added BeraChain and ApeChain as its eighth and ninth supported blockchains, respectively. This move brings Magic Eden closer to its goal of supporting 10 blockchains by the end of the year. A spokesperson for Magic Eden stated that the company is looking towards the EVM-compatible Layer1 network Monad.

ChainCatcher news, ApeChain has officially integrated with Telegram's first decentralized multi-chain wallet UXUY. As the wealth effect of ApeChain expands, infrastructure such as the meme coin issuance platform Ape Express and the cross-chain bridge Ape Portal are experiencing a surge. UXUY's support for ApeChain will lower the entry barrier for users into the APE ecosystem.UXUY is a multi-chain infrastructure incubated and invested by Binance Labs, dedicated to providing richer multi-chain DApp access services and application centers for Telegram. After integrating with ApeChain, the UXUY wallet allows 900 million Telegram users to hold APE and automatically earn rewards without the need for manual claims or staking. The ApeCoin balance in their wallets will automatically increase with each block reward.UXUY founder Kevin stated, "This is the 21st new public chain integrated by UXUY following the Bitcoin Lightning Network, Ethereum, BNB Chain, BASE, TRON, SUI, and other ecosystems. We are actively and continuously integrating various types and scenarios of emerging public chains to provide richer multi-chain services for Telegram."

ChainCatcher message, according to Lookonchain monitoring, in the past 30 hours, a trader has executed 18 transactions of Meme coins on ApeChain, capturing CURTIS and achieving a profit of 300 times.

ChainCatcher news, LayerZero announced on platform X that it has launched on the ApeChain mainnet.ApeChain is built on Arbitrum and integrates with LayerZero's OFT standard, allowing APE to achieve seamless cross-chain transfers, enhancing utility across multiple blockchains while ensuring scalable and efficient transactions. At the same time, APE also serves as the native gas token supporting the ApeCoin ecosystem.

ChainCatcher message, Apecoin tweeted that stablecoins bridged to ApeChain will be converted to DAI and deposited into sDAI, accumulating earnings based on MakerDAO's savings rate.

According to ChainCatcher news, monitoring by Yu Jing shows that a certain wallet address spent 1,140 USD to purchase the meme project CURTIS on ApeChain, which has now gained a profit of 2.55 million USD. He started buying just 1.5 minutes after deployment, spending a total of 1,520 APE (1,140 USD) to acquire 13.14% of the total supply of CURTIS (131.4 million). He currently holds 11.08% of CURTIS (110.8 million), valued at 2.55 million USD.

ChainCatcher message, the multi-chain DEX Camelot officially stated on social media that the trading volume reached 25 million dollars within 12 hours before the launch of ApeChain, and more than 148 liquidity pools have been created.

ChainCatcher message, according to on-chain data, a trader spent 200 APE (approximately $158.2) to buy 1,754,677 CURTIS within the 3rd minute after the Meme coin CURTIS was issued on the ApeChain ecosystem this morning. Currently, they have sold part of the CURTIS for 10,273.48 APE and still hold 600,000 CURTIS (approximately $9,000), with a total profit of 120.82 times.

ChainCatcher news, Pop Punk, co-founder of the Web3 security and transparency platform g8keep, posted on the X platform stating that he became the first person to have funds drained on ApeChain due to a phishing attack.The screenshot he shared shows that pop-punk.ape transferred approximately 145,841 APE, worth about $110,000, to an address marked as Fake_Phishing381 after going live on ApeChain.

ChainCatcher message, ApeCoin posted on platform X stating that through the Automatic Yield Mode, users holding ApeCoin on ApeChain do not need to continuously claim/stake their tokens to increase their earnings.This mode is the default mode for all EOAs, automatically earning rewards with each block. Without the need for manual intervention, the APE balance of that address increases based on the rewards earned per block.

ChainCatcher news, according to Yuga Labs co-founder Garga.eth (Greg Solano), the Workshop team has released the first ApeChain native product, Top Trader, which is an on-chain trading simulation game that allows users to trade with 1000x leverage without real financial risk. Top Trader integrates multiple tools, such as Ape Portal to support cross-chain payment for purchase fees, Yuga ID for seamless account abstraction, Gas sponsorship for transactions to enhance user experience, and tournament rewards managed through a restart protocol.

ChainCatcher news, Greg Solano, co-founder of Yuga Labs and BAYC, who recently took over as CEO of Yuga Labs, stated that the company is reworking its roadmap through a new initiative called BluePrint.The project themed around Bored Ape Yacht Club will launch consumer-grade applications to attract new users and stimulate community building on the upcoming ApeChain network, a Yuga Labs employee confirmed that the network "will be launched soon."ApeCoin is also collaborating with web3 business platforms Halliday, Decent, and Privy to streamline the registration process. Halliday stated that it is leveraging payment companies MoonPay and Stripe to build a fiat-to-crypto on-ramp, which will be able to "accept any token payment from any blockchain" in X posts.

ChainCatcher news, Yuga Labs CEO Garge.eth posted on social media that shortly after taking over as CEO, he established a new department called Workshop focused on innovative products. He expressed the hope of drawing experience from Coinbase's launch of the Base blockchain, allowing the team to concentrate on building innovative ApeChain products.Garge.eth also stated that Workshop will soon launch the first batch of products on ApeChain. It is currently uncertain whether these products will be well-received by the community, and if they are not accepted, they will be canceled.