ChainCatcher news, Layer 2 scaling solution Metis officially announced the latest progress on Twitter. It is reported that currently, 414,193 METIS tokens have been locked for sequencer mining.Metis stated that over the past 6 months, more than 6% of METIS tokens have been removed from circulation supply to protect network security.

ChainCatcher news, according to the official announcement, Binance will remove and cease trading for the BNT/BTC and METIS/BTC spot trading pairs on September 20, 2024, at 03:00 (UTC). Please note that the removal of spot trading pairs does not affect the availability of tokens on Binance's spot market. Users can still trade the underlying and quoted assets on Binance through other available trading pairs. Binance will terminate the spot trading bot services for the aforementioned trading pairs on September 20, 2024, at 03:00 (UTC). Users should update or cancel their spot trading bots before this service termination to avoid potential losses.

ChainCatcher news, according to The Block, the auditing firm Prager Metis has reached a settlement with the U.S. Securities and Exchange Commission (SEC), agreeing to pay $1.95 million to resolve allegations of negligence in its audit of the now-defunct cryptocurrency exchange FTX.The SEC accused Prager Metis of making "false statements" about FTX's financial condition in two audit reports submitted between February 2021 and April 2022, failing to comply with Generally Accepted Auditing Standards (GAAS). Additionally, the firm did not adequately disclose the potential risks associated with the relationship between FTX and Alameda Research.

ChainCatcher news, according to official sources, the Metis Foundation has partnered with Gitcoin to launch a $4 million annual grant program aimed at promoting innovation and development within the Metis ecosystem.It is reported that the first round of grants hosted by Gitcoin started today (August 29), distributing 3,000 METIS (equivalent to $100,000) through quadratic funding (QF).

ChainCatcher news, according to official sources, Artemis Finance has announced a strategic partnership with HashKey Cloud. HashKey Cloud is the first independently operated decentralized sorting node operator on Metis.HashKey Cloud is a global leading Web3 infrastructure provider and a core member of the HashKey Group, focusing on providing professional, stable, and secure blockchain services to global clients. Since 2018, we have been committed to blockchain infrastructure technology, and our node validation services cover over 80 mainstream public chains.Through this collaboration, both parties will further strengthen the decentralized development of the Metis ecosystem, providing all users of the Metis network with a safer and more stable experience.

ChainCatcher news, according to official sources, Artemis Finance has announced that it has received investment from the Metis Foundation, marking a key moment in the development journey of Artemis. The Metis Foundation is a non-profit organization dedicated to ensuring equal opportunities within Web3. Its main function is to provide collaborative workspace support for builders in the Metis community, public spaces, and portfolio companies.Artemis is the leading LST platform on the Metis chain, committed to uncovering and maximizing the potential of decentralized sorting. The platform aims to innovate and push the boundaries of decentralized technology, creating new opportunities and solutions for users. With the support of the Metis Foundation, Artemis will continue to explore new possibilities in the DeFi space. Artemis is dedicated to making significant contributions to the Metis ecosystem, driving growth and fostering innovation. This collaboration will enable us to achieve our goals more effectively and have a lasting impact on the decentralized space.

ChainCatcher news, the DeFi lending protocol Aave has announced that it will support METIS tokens as collateral on the Metis network. This strategic move will expand the utility of METIS tokens and enhance the capital efficiency for Aave users.According to the announcement, Aave will offer a loan-to-value ratio (LTV) of 30% for METIS tokens, meaning users can borrow assets equivalent to 30% of the total value of their METIS collateral. For example, if a user provides $100 worth of METIS as collateral, they can borrow up to $30 (30%) of other assets.Users will be able to use METIS as collateral to borrow the following assets: USDT, USDC, DAI, and ETH.

ChainCatcher message, according to the official announcement, to ensure the smooth upgrade of the METIS network, the deposit and withdrawal functions of METIS tokens and other related tokens within the network will be suspended on August 20, 2024, at 5:00 PM (UTC+8). After the completion of this upgrade, the deposit and withdrawal services for METIS tokens and related network tokens will be reopened when the network operates stably, and no further notice will be given.During the network upgrade, trading of METIS network tokens will not be affected. However, please be aware of the potential risks associated with spot, leverage, and derivative trading of related tokens, and increase your margin in advance to reduce risks. To ensure the safety of funds, please do not perform deposit and withdrawal operations for METIS tokens and their related network tokens during the upgrade period.

ChainCatcher message, the Ethereum Layer2 network Metis has issued a warning on platform X stating that Metis's Discord has been hacked. Please do not click on any "airdrop links" or any other links.

ChainCatcher news, according to official sources, Metis has announced the first batch of 6 independent sequencer node operators, namely HashKey Cloud, OKX, SNZPool, A41, Nodes, and TEB.It is reported that future voting rounds will allow new decentralized sequencer node operators and Liquid Staking Token (LST) protocols to join the Metis ecosystem.

ChainCatcher news, according to ACCESSWIRE, the Ethereum Layer2 network Metis plans to launch a community selection process for its first batch of external sequencer node operators, initiating governance roles for distributed network ownership and partial withdrawals for sequencer node operators.Metis introduces a decentralized sequencer node pool, allowing anyone to join and have governance rights over the network. Node operators will also receive a share of the revenue, involving the sorting of rewards and fees. For the first batch of external sequencer node operators, the community can start voting from June 24 to June 28.

ChainCatcher news, Metis has announced the launch of the mainnet version of Router Nitro, a cross-chain asset bridge developed by Router Protocol. Users can now transfer any asset across chains to Metis via Router, experiencing faster, safer, and more cost-effective cross-chain transfers.Router Nitro employs an optimistic approach to execute transactions, achieving reverse verification through stateful bridging and contract integration on the Router Chain. Its zero TVL-based asset transfer method and open network participation mechanism allow it to save 50-70% in Gas fees compared to competitors, with most transfers completed within 20 seconds.It is reported that this integration brings significant advantages to Metis users, including fast transfers of 5-20 seconds, lower user costs, and a one-click seamless on-chain experience. To accelerate TVL inflow, Router Protocol will also deploy a new reward mechanism alongside Metis's existing incentive programs.

ChainCatcher news, the crypto payment service AlchemyPay announced a partnership with the layer two blockchain network Metis. Metis has integrated AlchemyPay into its ecosystem, and AlchemyPay has added support for Metis's native token METIS in its cryptocurrency deposit and withdrawal solutions.

ChainCatcher news, Metis tweeted that the community approved the second sorter node of Artemis in the latest governance proposal. The voting results will raise Artemis's deposit cap to 200,000 METIS and the total deposit cap to 300,000 METIS.

ChainCatcher news, the liquid staking protocol Artemis has successfully locked METIS in the Metis decentralized sequencing pool node, with a current annual yield of 20%. In less than 24 hours, over 100,000 METIS has been staked on Artemis, with more than 2,000 addresses holding the LST artMETIS, growing over 50% in the past seven days.It is reported that Artemis Finance is a liquid staking protocol specifically designed for the Metis decentralized sequencing pool. Artemis provides METIS holders with a convenient opportunity to participate in decentralized sequencing and earn profits. At the same time, participating users will receive a liquid wrapper called artMETIS, which automatically accumulates earnings.

ChainCatcher news, Layer 2 scaling solution Metis announced that the second phase of its decentralized sequencer upgrade has officially gone live through a hard fork at block height 16500000. This upgrade mainly introduces new features such as multiple transactions within a block, a transaction pool, and sequencer mining.In this upgrade, Metis has increased the number of transactions that a single block can contain from 1 to multiple, and has fixed the transaction confirmation time to 2 seconds. A transaction pool has also been introduced to cache pending transactions. These two improvements will significantly enhance network throughput and reduce block production costs.Additionally, this upgrade introduces a sequencer mining mechanism aimed at better coordinating the incentives of all participants in the network. Sequencer nodes will receive METIS token rewards for sorting, packaging, and submitting transactions to the Ethereum mainnet. Users can stake METIS tokens to receive liquid staking tokens as a receipt, which can be used in other DeFi protocols.Currently, the Metis community has selected Artemis Finance and Enki Protocol as the two liquid staking service providers for the Alpha phase through the CEG mechanism. Users can now participate in staking mining through Artemis, and Enki will also launch on the mainnet soon.In the coming year, sequencer nodes will receive 20% of the mining rewards, and related DeFi products such as DEX liquidity pools and lending pools are expected to provide deeper use cases for METIS staking token holders. Metis will also establish strategic partnerships with several crypto institutions to ensure the full decentralization and high participation of its decentralized sequencer.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, 50 minutes ago, a suspected METIS market maker address recharged 56,144 METIS to Coinbase after four months, worth 3.44 million dollars.It is reported that this portion of METIS was transferred out of Coinbase between December 22-26, 2023, at an average price of 57 dollars. If sold entirely, it would yield a profit of 80,000 dollars; the 47% drop in METIS over the past 30 days has severely reduced profits, with unrealized gains reaching as high as 4.31 million dollars when the coin price hit an all-time high on March 12.