ChainCatcher message, ApeCoin DAO will develop ApeChain using the Arbitrum technology stack, building ApeChain as an Arbitrum Orbit chain developed with AnyTrust technology, and using APE as the gas and governance token for ApeChain. The ApeCoin community will have the option to implement upcoming features such as Stylus and BoLD.

ChainCatcher news, Vitalik Buterin stated at the Permissionless conference that crypto-based solutions have the potential to be more decentralized, privacy-protecting, and secure than the current Web2. He cited building blocks like ENS, POAP (or next-generation versions), or using zero-knowledge technology as better options (e.g., Gitcoin Passport).Vitalik Buterin mentioned: "The great dream here is to truly create an independent open tech stack that can compete with companies like Google and Twitter, but without being tightly integrated with closed centralized systems."Vitalik envisioned a gradual process that allows new Web3 users to create an Ethereum address, initially controlled by familiar services like Gmail, but using account abstraction to enable people to gain ownership as they are ready to use more crypto-native methods.He also stated: "Basically, giving people the opportunity to step down from the decentralized ladder, and then at the end, really correctly enter this completely independent stack, where all the different parts can actually work together."

ChainCathcer news, cross-chain trading aggregator LI.FI tweeted that, in light of the uncertainty surrounding Multichain operations, LI.FI has decided to temporarily disable all access to Multichain through its technology stack. LI.FI will continue to monitor the situation and provide further updates as necessary. (source link)