👋 Hello Binancians!
We kick off the week with Binance Bytes, your quick summary of the hottest 🔥 in crypto and blockchain.
1️⃣ China Merchants Bank tokenizes fund on BNB Chain 💰
The Chinese bank launched, together with DigiFT, a tokenized fund of US$3.8 billion on BNB Chain.
💡 Why it matters: It allows accredited investors to access real-world assets (RWA) directly from blockchain, integrating traditional finance with DeFi.
2️⃣ Alipay launches its Layer 2 on Ethereum 🇨🇳⚙️
Alipay introduced Jovay, its second-layer network on Ethereum, which could connect 1.4 billion users.
💡 Why it matters: It uses hybrid technology of ZK and optimistic proofs, achieving over 20,000 transactions per second, aiming to reach 100,000 TPS. A huge leap for mass adoption!
3️⃣ U.S. confiscates 127,000 BTC 💥
The U.S. government seized US$15 billion in Bitcoin in an operation against a scam network linked to Cambodia.
💡 Why it matters: This is the largest Bitcoin seizure in history, and it could be used to compensate victims or strengthen the country's strategic BTC reserve.
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