{"id":3717,"date":"2025-07-11T19:36:19","date_gmt":"2025-07-11T16:36:19","guid":{"rendered":"https:\/\/evercodelab.com\/blog\/?p=3717"},"modified":"2025-10-14T16:16:56","modified_gmt":"2025-10-14T13:16:56","slug":"evercode-lab-weekly-crypto-news-digest-11-07-2025","status":"publish","type":"post","link":"https:\/\/evercodelab.com\/blog\/evercode-lab-weekly-crypto-news-digest-11-07-2025\/","title":{"rendered":"Evercode Lab Weekly Crypto News Digest 11\/07\/2025"},"content":{"rendered":"\n<p>After a week of chill and well-deserved rest, our weekly digest returns with renewed inner energy and, most importantly, with new topics to discuss!&nbsp;<\/p>\n\n\n\n<p>During the week, from Monday to Friday, we actively monitored <strong>insider information<\/strong>, <strong>announcements<\/strong>, and <strong>updates <\/strong>to bring you our perspective on the most interesting topics in the world of cryptocurrencies and blockchain technology. From <strong>Binance&#8217;s 8th birthday<\/strong> to <strong>Tether USDT support limits<\/strong>.<\/p>\n\n\n\n<p>Ready to dive with us? Great! But first, we recommend you to <a href=\"https:\/\/evercodelab.com\/services\/44\"><strong>visit our website<\/strong><\/a> and learn more about how we can help you with the development and launch of your own blockchain product with our white-label solutions! Fast, easy, and with support on every step!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Tether Ends USDT Support for Legacy Blockchains<\/strong><\/h2>\n\n\n\n<p>This Friday, <strong>Tether,<\/strong> the company behind the largest stablecoin <strong>USDT<\/strong>, <a href=\"https:\/\/tether.io\/news\/tether-to-wind-down-usdt-support-for-five-legacy-blockchains-as-part-of-strategic-infrastructure-review\/\">announced<\/a> it will discontinue support for five legacy blockchains: <strong>Omni,<\/strong> <strong>BCH-SLP<\/strong>, <strong>Kusama<\/strong>, and others.&nbsp;<\/p>\n\n\n\n<p>This strategic infrastructure review aims to focus resources on blockchains with <strong>real-world usage<\/strong>, better security, and scalability.&nbsp;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cAs the digital asset ecosystem evolves, Tether remains committed to adapting alongside it,\u201d <strong><a href=\"https:\/\/tether.io\/news\/tether-to-wind-down-usdt-support-for-five-legacy-blockchains-as-part-of-strategic-infrastructure-review\/\">s<\/a><\/strong><a href=\"https:\/\/tether.io\/news\/tether-to-wind-down-usdt-support-for-five-legacy-blockchains-as-part-of-strategic-infrastructure-review\/\"><strong>aid Paolo Ardoino, CEO of Tether<\/strong><\/a><strong>. <\/strong>\u201cSunsetting support for these legacy chains allows us to focus on platforms that offer greater scalability, developer activity, and community engagement \u2013 all key components for driving the next wave of stablecoin adoption.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>So, as we can see, Tether\u2019s move reflects a <strong><em>growing trend toward consolidating operations on high-performance networks<\/em><\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Ethereum Foundation Confirms Full Shift to ZK Technology<\/strong><\/h2>\n\n\n\n<p>Another big announcement of this week. In a significant development for Ethereum, <a href=\"https:\/\/blog.ethereum.org\/2025\/07\/10\/realtime-proving\">the Ethereum Foundation officially confirmed <\/a>its <strong>complete transition to zero-knowledge (ZK) proof technology.<\/strong>&nbsp;<\/p>\n\n\n\n<p>The initiative will start with optional <strong>zkEVM client software<\/strong> for the main network (L1), which may become mandatory in the future. New clients are expected to use a <strong>limited number of validators<\/strong> at first. As trust increases, backed by audits and bounty programs, <strong>the gas limit may be increased<\/strong>. This will make evidence verification a standard procedure.<\/p>\n\n\n\n<p>No doubt, this marks a major step forward in <a href=\"https:\/\/evercodelab.com\/blog\/en\/fusaka-upgrade-on-ethereum-what-it-means-for-the-future-of-layer-2-and-institutional-staking\/\"><strong>Ethereum\u2019s scalability roadmap<\/strong><\/a>, with ZK rollups expected to dramatically reduce transaction costs while increasing network speed and privacy.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Binance Celebrates 8 Years with 280M Users<\/strong><\/h2>\n\n\n\n<p>Coming with great news! Global crypto exchange <a href=\"https:\/\/www.binance.com\/\">Binance <\/a>marked its <strong>8th anniversary<\/strong>, reporting a massive <strong>user base of 280 million<\/strong>. During its operation,<strong> the total trading volume<\/strong> on the platform&#8217;s spot and derivatives markets <strong>exceeded $125 trillion<\/strong>, according to a press release.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Eight years ago, we set a goal to make cryptocurrencies the main way to increase financial freedom. Today, 280 million people have made them a part of their lives, and Binance has become their reliable guide,&#8221; said Richard Teng, CEO of the exchange.<\/p>\n<\/blockquote>\n\n\n\n<p>The milestone demonstrates the exchange\u2019s growing influence in the <strong>global crypto economy<\/strong> and its expanding role as a <strong>leader in crypto trading<\/strong>, <strong>staking,<\/strong> and <strong>DeFi solutions<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Pump.fun Reveals Launch Date for PUMP Token<\/strong><\/h2>\n\n\n\n<p>Let\u2019s switch to the tokens and main announcements out there. The biggest one was released on Thursday with <a href=\"https:\/\/pump.fun\/board\">the Pump.fun <\/a>team <a href=\"https:\/\/x.com\/pumpdotfun\/status\/1942947267436056740\">officially announced<\/a> the upcoming <strong>launch date of the PUMP token<\/strong>.&nbsp;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>According to tokenomics, the total issue will amount to <strong>1 trillion PUMP<\/strong>.<\/p>\n<\/blockquote>\n\n\n\n<p>During the <strong>ICO<\/strong>, the \u201cmeme token factory\u201d plans to implement <strong>33% of the offer at a price of $0.004 per coin<\/strong>: 18% will be sold in private rounds to institutional buyers, and 15% in public offerings. The initial offering will take place on the centralized exchanges <strong>Bybit<\/strong>, <strong>Kraken<\/strong>, <strong>Bitget<\/strong>, and <strong>MEXC<\/strong>.<\/p>\n\n\n\n<p>For sure, this highly anticipated release is generating buzz among<strong> memecoin enthusiasts<\/strong> and <strong>decentralized finance<\/strong> users alike. Evercode Lab\u2019s team is confident that it is worth closely monitoring the development of the token on the market after its release!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Polygon (MATIC) Jumps 8% Ahead of Heimdall v2 Upgrade<\/strong><\/h2>\n\n\n\n<p>Ethereum is not the only one announcing its <a href=\"https:\/\/evercodelab.com\/blog\/en\/fusaka-upgrade-on-ethereum-what-it-means-for-the-future-of-layer-2-and-institutional-staking\/\">plans for new upgrades<\/a>. <strong>Polygon&#8217;s MATIC<\/strong> token surged by 8% following news of the upcoming <a href=\"https:\/\/x.com\/0xPolygon\/status\/1942635185738244248\">Heimdall v2 upgrade<\/a>.&nbsp;<\/p>\n\n\n\n<p>The upgrade is positioned as &#8220;<em>the most technically challenging hard fork since the launch of Polygon PoS in 2020<\/em>.&#8221; <a href=\"https:\/\/cointelegraph.com\/news\/polygon-heimdall-v2-hard-fork-upgrade-july-10\"><strong>Heimdall v2<\/strong><\/a> is designed to rid the system of outdated solutions from 2018-2019, reducing the <strong>completion to about five seconds<\/strong>.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>In simple words, <strong>Heimdall v2<\/strong> is expected to <strong>enhance network efficiency<\/strong> and <strong>improve validator performance<\/strong>.&nbsp;<\/p>\n<\/blockquote>\n\n\n\n<p>So, in the future, <strong>Polygon<\/strong> continues to be a key player in <strong>Ethereum Layer 2 solutions<\/strong>, offering fast, low-cost, and eco-friendly transactions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Final Thought<\/strong><\/h2>\n\n\n\n<p>To wrap it up, we can say that this week highlights the <strong>evolution of blockchain infrastructure<\/strong>, <strong>growing adoption of ZK tech<\/strong>, and <strong>strong momentum in the crypto market<\/strong>. From Ethereum&#8217;s ZK leap to Tether&#8217;s blockchain realignment and Binance&#8217;s growth, the space is maturing fast. So, we don\u2019t say goodbye, just stay tuned for next week\u2019s digest!<\/p>\n\n\n\n<p>It&#8217;s not just the crypto market that can transform, but your product as well, especially if you have the Evercode Lab helping hand nearby! If you strive to open the <strong>new horizons of your service<\/strong> and <strong>discover all the possibilities of the crypto market and web3 solutions<\/strong>, <a href=\"https:\/\/evercodelab.com\/?utm_source=blog&amp;utm_medium=digest5\">just contact <\/a>our team today!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After a week of chill and well-deserved rest, our weekly digest returns with renewed inner energy and, most importantly, with new topics to discuss!&nbsp; During&#8230;<\/p>\n","protected":false},"author":14,"featured_media":3719,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[2231,2389,2235,2257,2391,2393],"class_list":["post-3717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptonews-en","tag-binance-en","tag-digest-en","tag-ethereum-en","tag-stablecoins-en","tag-token-launch-en","tag-usdt-en"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Evercode Lab Weekly Crypto News Digest 11\/07\/2025 &#8211; Evercode Lab Blog<\/title>\n<meta name=\"description\" content=\"Don&#039;t miss top crypto news this week: Tether exits legacy chains, Ethereum shifts to ZK tech, Binance turns 8, MATIC surges, PUMP token launches.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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