Welcome to the new weekly series covering traditional finance on-chain DeFi news beyond Kaspa (but with a Kaspa twist). Last week, Trump was featured again at the American Business Forum and on CBS 60 Minutes. Balancer exploit drained over $128M from V2 Composable Stable Pools, a new crypto legislation is advancing in the UK, Canada, and Malaysia, and Africa is paving the way for a continental stablecoin network.
This week we discuss ecosystem updates, research upgrades, and traditional finance tokenizing the world via Kaspian settlement.
As Kaspa approaches its fourth birthday, the network is celebrating with in-person events in Dubai, London, Nigeria, and New York, alongside the 1,000 Node Initiative and a Flux x Nacho Kat NFT giveaway. Kaspa developer Ori Newman appeared on the XXIM Podcast to discuss oracles and his journey with Kaspa, while Kaspa Silver shared a thoughtful warning about Kaspa L2s.
Over the past two weeks, while the crypto market faced the largest liquidation event in history, wiping out 19.5 billion USD in leveraged positions and liquidating 1.6 million traders, Kaspa projects continued to build and break records. The network processed 158 million transactions in a single day, setting a new world record for the fastest proof-of-work blockchain and underscoring its unmatched scalability and resilience.
