Web3 Morning Brief: Key Updates on BNB Greenfield, Trust Wallet, and Squads Labs Funding

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BNB Greenfield Mainnet Goes Live

BNB Chain has officially launched its BNB Greenfield mainnet, marking a significant milestone in decentralized data storage solutions. This infrastructure aims to empower developers with enhanced data ownership and monetization capabilities within the Web3 ecosystem.

👉 Explore BNB Greenfield's potential for decentralized applications

Industry Highlights

  1. Trust Wallet Brand Refresh

    • The popular crypto wallet unveiled a redesigned interface and expanded functionality, with phased rollouts for its mobile app and browser extension.
  2. Strike Introduces Zero-Value Lightning Invoices

    • The payment platform now enables users to send invoices without monetary value, facilitating seamless Web3 interactions.
  3. Celestia Genesis Airdrop Deadline

    • Claims for the modular blockchain network’s airdrop closed on October 18th, distributing tokens to early contributors.
  4. Regulatory Shifts

    • Pennsylvania repealed its proposed 2-year crypto mining ban, while Israeli authorities froze Hamas-linked accounts on Binance and other exchanges.
  5. Ecosystem Funding

    • Squads Labs secured $5.7M in strategic funding led by Placeholder VC to advance multi-signature management tools.
    • Sui Foundation allocated $1.06M across 15 projects spanning DeFi, gaming, and infrastructure.

Deep Dive: Must-Read Analyses

FAQ

Q: What makes BNB Greenfield unique?
A: It integrates decentralized storage with BNB Chain’s scalability, enabling developers to manage data with smart contracts.

Q: How does Trust Wallet’s update benefit users?
A: The redesign prioritizes intuitive navigation and security features across mobile and desktop platforms.

Q: Why is Squads Labs’ funding significant?
A: Multi-sig tools are critical for DAO and institutional asset management, reflecting growing demand for secure crypto operations.

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Disclaimer: This content serves informational purposes only and does not constitute financial advice.